Canadian Dollar to Dominican Peso Exchange Rate

Live Rate

= $ 40.3669

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Historical Rate chart of CAD and DOP

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Updated: 15 Dec 2019 05:19:53 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

Dec 2009 Dec 2010 Dec 2011 Dec 2012 Dec 2013 Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018
1 CAD = 33.8993 Inverse: 0.0295 37.0145 Inverse: 0.0270 37.0300 Inverse: 0.0270 40.6986 Inverse: 0.0246 40.1615 Inverse: 0.0249 38.1646 Inverse: 0.0262 33.0561 Inverse: 0.0303 35.3785 Inverse: 0.0283 37.6684 Inverse: 0.0265 37.7072 Inverse: 0.0265

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

Feb 13 Mar 16 Apr 16 May 17 Jun 17 Jul 18 Aug 18 Sep 18 Oct 19 Nov 19
1 CAD = 38.1863 Inverse: 0.0262 37.9427 Inverse: 0.0264 37.8685 Inverse: 0.0264 37.6435 Inverse: 0.0266 38.0089 Inverse: 0.0263 39.0423 Inverse: 0.0256 38.6286 Inverse: 0.0259 38.7944 Inverse: 0.0258 40.3954 Inverse: 0.0248 39.7920 Inverse: 0.0251

Canadian Dollar to the Dominican Peso for the last 10 days

Dec 05 Dec 06 Dec 07 Dec 08 Dec 09 Dec 10 Dec 11 Dec 12 Dec 13 Dec 14
1 CAD = 40.3344 Inverse: 0.0248 40.0842 Inverse: 0.0249 40.0842 Inverse: 0.0249 39.9775 Inverse: 0.0250 40.0947 Inverse: 0.0249 40.0378 Inverse: 0.0250 40.3408 Inverse: 0.0248 40.2803 Inverse: 0.0248 40.3669 Inverse: 0.0248 40.3669 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 December 15th, 2019
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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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