Convert Canadian Dollar to Qatari Riyal
Convert Canadian Dollar (CAD) to Qatari Riyal (QAR) using daily updated exchange rates.
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Exchange Rate
Exchange rates are updated daily.
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About Canadian Dollar
The Canadian Dollar (CAD), nicknamed the "Loonie" after the loon bird on the one-dollar coin, was introduced in 1858 and has been the official currency of Canada since Confederation in 1867. It is the sixth most traded currency in global foreign exchange markets. Canada's economy is among the world's ten largest and is closely integrated with the US economy under the USMCA (formerly NAFTA) agreement. The Bank of Canada manages monetary policy with a floating exchange rate.
About Qatari Riyal
The Qatari Riyal (QAR) is the official currency of Qatar, one of the world's wealthiest countries by per capita income. The riyal has been pegged to the US Dollar at 3.64 QAR per USD since 2001, a peg maintained with ease due to Qatar's enormous oil and liquefied natural gas (LNG) revenues. Qatar holds the world's third largest proven natural gas reserves and is the world's largest exporter of LNG. The Qatar Central Bank manages the peg. The country hosted the FIFA World Cup in 2022, showcasing massive infrastructure development.
Quick Reference Table
| Canadian Dollar (CAD) | Qatari Riyal (QAR) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).