Canadian Dollar to Dominican Peso Exchange Rate

Live Rate

= $ 40.3116

Refreshing in: 60s | Fri, Feb 21, 07:29AM GMT

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Historical Rate chart of CAD and DOP

Updated: 21 Feb 2020 07:29:12 UTC

Canadian Dollar

Known as the “loonie” or the “funds,” the Canadian dollar is among the world’s most traded currencies. With its extreme sensitivity to movements in crude oil and other commodities, traders often use the Canadian dollar to speculate on these commodities. It’s also closely tied to the US economy and dollar.
Currency:Canadian Dollar
Currency Symbol:$, Can$, C$, CAD
Sub unit:cent (English) and sou (colloquial) (French)
Sub unit symbol:¢
Bank notes:$5, $10, $20, $50, $100
Coins:5¢, 10¢, 25¢, 50¢, $1, $2

Dominican Peso

The Dominican peso is the official currency of the sovereign nation of the Dominican Republic, whose economy is rated second in the Caribbean. Tourism and agriculture play an important role in the country’s economy, affecting the value of the peso.
Currency:Dominican Peso
Currency Symbol:$, RD$
Sub unit:centavo
Sub unit symbol:c
Bank notes:$50, $100, $200, $500, $1000, $2000
Coins:$1, $5, $10, $25

Canadian Dollar to the Dominican Peso for the last 10 years

Feb 2010 Feb 2011 Feb 2012 Feb 2013 Feb 2014 Feb 2015 Feb 2016 Feb 2017 Feb 2018 Feb 2019
1 CAD = 34.5574 Inverse: 0.0289 38.3184 Inverse: 0.0261 39.2098 Inverse: 0.0255 40.3749 Inverse: 0.0248 39.0293 Inverse: 0.0256 35.9060 Inverse: 0.0279 33.0536 Inverse: 0.0303 35.8296 Inverse: 0.0279 39.0246 Inverse: 0.0256 38.1754 Inverse: 0.0262

The Dominican peso

The Dominican peso was introduced in 1844, when the Dominican Republic gained its independence from Haiti. It’s the second-largest economy in the Caribbean, with tourism bringing in more than $1 billion annually.

The Dominican peso enjoyed a relatively stable exchange rate through the 1980s and ’90s due to a positive relationship with the US and high export rates. That stability was shaken when the currency took a sharp decline in value in 2004 due to increased inflation, and is slowly recovering to this day.

Today, the US dollar is held as a reserve currency against the Dominican peso. This means that many merchants accept the dollar as payment in the Dominican Republic, and that trading dollars for pesos allows for exchanges much closer to the mid-market rate when compared to other countries or currency conversions.

Canadian Dollar to the Dominican Peso for the last 10 months

Apr 2019 May 2019 Jun 2019 Jul 2019 Aug 2019 Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020
1 CAD = 37.7283 Inverse: 0.0265 37.5261 Inverse: 0.0266 38.1580 Inverse: 0.0262 38.8039 Inverse: 0.0258 38.4848 Inverse: 0.0260 38.8055 Inverse: 0.0258 40.2626 Inverse: 0.0248 39.7920 Inverse: 0.0251 40.3939 Inverse: 0.0248 40.6242 Inverse: 0.0246

Canadian Dollar to the Dominican Peso for the last 10 days

Feb 11 Feb 12 Feb 13 Feb 14 Feb 15 Feb 16 Feb 17 Feb 18 Feb 19 Feb 20
1 CAD = 40.1427 Inverse: 0.0249 40.2388 Inverse: 0.0249 40.1684 Inverse: 0.0249 40.3367 Inverse: 0.0248 40.3367 Inverse: 0.0248 40.2817 Inverse: 0.0248 40.3314 Inverse: 0.0248 40.3330 Inverse: 0.0248 40.4201 Inverse: 0.0247 40.3186 Inverse: 0.0248

What affects CAD / DOP exchange rates?

Factors that affect how any currency trades against another are sociopolitical atmosphere, prices and inflation rates, foreign trade and monetary policy and export-to-import price ratios. Less aggressive factors are consumer confidence about the economy and economic growth, the strength of other currencies, investor speculation and day-to-day news about natural disasters, elections and new government policies.

Overall, if you want to predict where the currencies are headed, consider this fact: The value of a currency is heavily related to the strength of its country’s economy.

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    Rates last updated February 21st, 2020
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    Market rate for common transfer amounts CAD to DOP

    Canadian Dollars (CAD) Dominican Peso (DOP)
    $1 0
    $100 0
    $500 0
    $1000 0
    $1500 0
    $2500 0
    $5000 0

    Exchange rates from CAD to other currencies

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