Canadian Dollar to Dominican Peso Exchange Rate

Live Rate

= $ 38.1112

Refreshing in: 60s | Mon, Aug 26, 03:08AM GMT

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Historical Rate chart of CAD and DOP

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Updated: 26 Aug 2019 03:08:20 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

Aug 2009 Aug 2010 Aug 2011 Aug 2012 Aug 2013 Aug 2014 Aug 2015 Aug 2016 Aug 2017 Aug 2018
1 CAD = 33.4000 Inverse: 0.0299 34.8759 Inverse: 0.0287 38.5748 Inverse: 0.0259 39.3592 Inverse: 0.0254 40.3403 Inverse: 0.0248 39.5809 Inverse: 0.0253 33.8963 Inverse: 0.0295 35.7142 Inverse: 0.0280 37.4990 Inverse: 0.0267 38.1122 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

Oct 2018 Nov 2018 Dec 2018 Jan 2019 Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019 Jul 2019
1 CAD = 38.3124 Inverse: 0.0261 37.8057 Inverse: 0.0265 37.2787 Inverse: 0.0268 38.2491 Inverse: 0.0261 38.4602 Inverse: 0.0260 37.9602 Inverse: 0.0263 37.8017 Inverse: 0.0265 37.3437 Inverse: 0.0268 38.6605 Inverse: 0.0259 38.7043 Inverse: 0.0258

Canadian Dollar to the Dominican Peso for the last 10 days

Aug 16 Aug 17 Aug 18 Aug 19 Aug 20 Aug 21 Aug 22 Aug 23 Aug 24 Aug 25
1 CAD = 38.6013 Inverse: 0.0259 38.6013 Inverse: 0.0259 38.6286 Inverse: 0.0259 38.3469 Inverse: 0.0261 38.4522 Inverse: 0.0260 38.4848 Inverse: 0.0260 38.4833 Inverse: 0.0260 38.3604 Inverse: 0.0261 38.3604 Inverse: 0.0261 37.7275 Inverse: 0.0265

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.

Send money from Canada to Dominican Republic

Rates last updated August 26th, 2019
Name Product Min. Transfer Amount Transfer Speed Services Description Online Transfer Fee Rate Amount Received
WorldRemit International Money Transfers
CAD 0
Within an hour
Online, Bank Account to Bank Account, Cash Transfer
Use code FINDERCA and pay zero fees on your first transfer. Conditions apply.
An online money transfer service with cash pick-up, bank account to bank account and airtime transfers available.
TorFX International Money Transfers
USD 250
1 day
Online, Phone, Agent
TorFX guarantee to beat any competitor's exchange rate for a transaction. Conditions apply.

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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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