Currency.Wiki

1 Qatari Rial to Canadian Dollar

Updated 24 seconds ago
Convert 1 QAR:CAD
 QAR =
    CAD
 Qatari Rial =  Canadian Dollars
Trending: QR exchange rates for the last 24 hours
  • QAR/USD 0.274688 0.00003772
  • QAR/EUR 0.256000 0.00166053
  • QAR/JPY 42.106186 1.35501909
  • QAR/GBP 0.218971 0.00156426
  • QAR/CHF 0.249542 0.01141686
  • QAR/MXN 4.658595 -0.04656872
  • QAR/INR 22.902611 0.10641535
  • QAR/BRL 1.404148 0.03944028
  • QAR/CNY 1.988106 0.01296184

QAR/CAD exchange rate analysis over the past 90 days

Qatari Rial to Canadian Dollar exchange rate: Over the last 90 days, the Qatari Rial strengthened by 1.44% against the Canadian Dollar, moving from CA$0.3701 to CA$0.3755 per Qatari Rial. This trend reflects the evolving economic dynamics between the Qatar and the Canada. Factors influencing this rate may include:

  • Trade Dynamics: The balance of trade and investment between Qatar and Canada.
  • Regulatory Changes: Policies or regulations related to currency exchange or trade agreements between Qatar and Canada.
  • Economic Health: Indicators such as GDP growth, unemployment rates, or inflation in the Qatar or Canada.
  • Global Influences: Broader economic or geopolitical events that can impact both the Qatar and the Canada.

The foreign exchange market operates continuously, with currency values being affected by a myriad of global economic, political, and financial events.

qar/cad Historical Chart

QR
Qatari Rial Currency

Country: Qatar

Symbol: QR

ISO Code: QAR

Bank: Qatar Central Bank

Interesting fact about Qatari Rial

The Qatari Rial (QAR) is the official currency of Qatar. It was introduced in 1973 following the independence of Qatar from the British Protectorate. The QAR is divided into 100 dirhams and is pegged to the US dollar at a fixed exchange rate of 3.64 QAR to 1 USD. The QAR holds significance in Qatar as it is widely accepted for all transactions and plays a crucial role in the country's economy.

CA$
Canadian Dollar Currency

Country: Canada

Symbol: CA$

ISO Code: CAD

Bank: Bank of Canada

Interesting fact about Canadian Dollar

The Canadian Dollar (CAD), Canada's official currency, is administered by the Bank of Canada. Established in 1858, the CAD supplanted numerous colonial currencies. Renowned for its stability and reliability, it is a cornerstone of Canada's economic framework, facilitating international trade and investments.

Quick Conversion Guide

Frequently Asked Questions

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The Qatari Rial to Canadian Dollar exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 QAR to CAD is CA$0.38.
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Yes, our site provides historical charts that show the trends and fluctuations in the Qatari Rial to Canadian Dollar exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.