The Qatari Riyal (QAR) is the official currency of Qatar, and converting Canadian dollars (CAD) to QAR can be a bit tricky, but don't worry, we've got you covered.
The exchange rate between CAD and QAR is not fixed and can fluctuate constantly, so it's essential to check the current rate before making any transactions.
You can easily convert CAD to QAR using online currency converters or by visiting a bank, but be aware that some banks may charge fees for currency exchange services.
To give you a better idea, the current exchange rate is approximately 1 CAD = 3.25 QAR, but this rate is subject to change.
Conversion Rates
The conversion rates between the Canadian Dollar (CAD) and the Qatari Rial (QAR) are quite straightforward.
You can easily convert a certain amount of CAD to QAR by looking at the conversion rates provided in the tables. For instance, 100 CAD is equivalent to 251.83 QAR.
The exchange rate is also shown in the opposite direction, where 1 CAD is equal to 2.5183 QAR.
This means that if you have 1 CAD, you can exchange it for 2.5183 QAR.
Here's a breakdown of the conversion rates for some common amounts:
Keep in mind that the exchange rate can fluctuate, so it's always a good idea to check the current rate before making any transactions.
Comparing the Strength of the Dollar
The Canadian Dollar is currently stronger than the Qatari Rial, as 1 CAD is equal to 2.5183 QAR. This means if you're traveling to Qatar and exchanging your Canadian Dollars, you'll get a decent amount of Qatari Rials in return.
Over the past year, the Qatari Rial has increased in value compared to the Canadian Dollar, with the QAR/CAD rate up +8.03%. This is a significant shift in the exchange rate, and it's essential to keep this in mind if you're making financial decisions involving these two currencies.
The Canadian Dollar has decreased -0.71% year-to-date against the Qatari Rial, which is a slight decline. However, if you look at the bigger picture, the Canadian Dollar has actually declined -4.14% against the Qatari Rial over the past 10 years.
The average exchange rate over the period from 2024-1-4 to 2025-1-3 was 2.6570 Qatari Rials per Canadian Dollar. This gives you a better idea of the exchange rate fluctuations over time.
Conversely, 1 QAR is worth 0.3971 CAD, which shows that the Canadian Dollar is still stronger than the Qatari Rial.
Dollar Value and Trends
The Canadian Dollar has decreased by 0.71% year-to-date against the Qatari Rial.
Over the past 10 years, the Canadian Dollar has declined by 4.14% against the Qatari Rial, resulting in a loss of purchasing power compared to the Qatari Rial.
In contrast, the Qatari Rial has increased in value compared to the Canadian Dollar, with a year-to-date increase of 0.72% and a 10-year appreciation of 4.32%.
The Qatari Rial has also gained purchasing power compared to the Canadian Dollar over the last decade, making it a stronger currency in the long term.
Dollar Value
The Canadian Dollar is currently stronger than the Qatari Rial, with an exchange rate of 2.5183 QAR per CAD. This means that if you have 1 CAD, you can get 2.5183 QAR in return.
The Qatari Rial has increased in value compared to the Canadian Dollar in the last year, with a rate up +8.03%. This is a significant change, and it's essential to keep an eye on exchange rates when traveling or investing.
Over the past 10 years, the Qatari Rial has appreciated +4.32% against the Canadian Dollar, which has gained purchasing power compared to the Canadian Dollar.
The Canadian Dollar, on the other hand, has decreased in value compared to the Qatari Rial in the last year, with a rate down -7.43%. This means that the Qatari Rial is currently a stronger currency than the Canadian Dollar.
Here's a quick glance at the exchange rates over the past year:
It's worth noting that the Canadian Dollar has decreased in value against the Qatari Rial over the past 10 years, with a rate down -4.14%. This means that the Qatari Rial has lost purchasing power compared to the Canadian Dollar.
Highest in 10 Years
The Qatari Rial has seen significant fluctuations against the Canadian Dollar in the last decade. It's gained +4.32% in value over the past 10 years.
The highest Qatari Rial to Canadian Dollar exchange rate in the last 10 years was on January 19, 2016, when each Qatari Rial was worth 0.4002 Canadian Dollars.
On the other hand, the Canadian Dollar has appreciated against the Qatari Rial, with its highest rate in the last 10 years being on November 21, 2017, when each Canadian Dollar was worth 3.0688 Qatari Rials.
TransferGo and Currency Information
You can easily convert Canadian Dollars to Qatari Riyals with TransferGo. It's a straightforward process that involves paying for the transfer, and your money will be on its way.
TransferGo offers a convenient way to exchange currency, and you can track the latest exchange rates on their platform. As of January 5, 2025, the exchange rate for 1 CAD is 2.5183 QAR.
TransferGo's conversion rates are displayed in a clear table format, showing the equivalent value of different amounts of Canadian Dollars in Qatari Riyals. For example, 100 CAD is equivalent to 251.83 QAR.
Here's a breakdown of the conversion rates for different amounts of Canadian Dollars:
The exchange rate can fluctuate over time, so it's essential to stay up-to-date with the latest rates. According to historical data, the QAR to CAD exchange rate has ranged from 0.38502 to 0.39687 over the past 30 days, with an average rate of 0.39245.
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