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    Currency outlook SAR/CAD

    SAR to CAD Forecast & Outlook

    Latest SAR to CAD forecasts including bank predictions, key market drivers and recent trends for SAR/CAD. See where analysts expect the pair to move and the factors likely to influence it.

    Saudi Arabia flag

    The riyal is officially pegged to the IMF's special drawing rights (SDRs). In practice, it is fixed at 1 U.S. dollar = 3.75 riyals, which translates to approximately 1 riyal = 0.266667 dollar.

    Canada flag

    Canadian Dollar Update

    Updated 01 Aug 2026 • 23:45 GMT

    The Canadian dollar has shown resilience against the US dollar, driven by fluctuating oil prices and cautious monetary policy from the Bank of Canada (BoC). As of mid-July, USD/CAD is trading around 1.4033 after stronger oil prices provided support to the loonie, despite the BoC's decision to hold its rate steady at 2.25% but keeping the possibility of future hikes open. Market sentiments are tempered by weak inflation and trade uncertainties, particularly concerning the USMCA, which are impacting near-term CAD expectations.

    Key watchpoints:

    • Monitor changes in global oil prices as they significantly impact the commodity-linked Canadian dollar.
    • Watch for any updates or changes in monetary policy from the Bank of Canada, particularly rate hike announcements.
    • Pay attention to upcoming Canadian employment and economic data releases for further insights into CAD movements.

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    Compare SAR to CAD rates

    Check today’s provider offers alongside the market outlook before you make a transfer.

    SAR/CAD exchange-rate comparison Compare rates and typical FX costs

     
     
       

    Rate direction

    SAR to CAD market data

    Saudi riyal (SAR) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.

    Sell SAR   →   Buy CAD
    1 SAR =
    0.3752We compare provider deals to this wholesale mid-market rate. Read more
    CAD
    1D+0.3%▲
    SAR to CAD at 0.3752 is just 0.8% above its 3-month average of 0.3724, having traded in a quite stable 6.0% range from 0.3616 to 0.3832
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      1 CAD = 2.6656 SAR
     

    Will the Saudi riyal rise against the Canadian dollar?

    This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Saudi riyal vs Canadian dollar current value is to look the SAR/CAD historic rate and change over a range of periods.

    The following table looks at the change in the SAR to CAD exchange rate over periods from the previous week back to the last 10 years.

    DateSAR/CADPeriod
    18 Jul 2026
    0.3734
    		2 Week
    03 May 2026
    0.3624
    		3 Month
    01 Aug 2025
    0.3677
    		1 Year
    02 Aug 2021
    0.3334
    		5 Year
    03 Aug 2016
    0.3487
    		10 Year
    06 Aug 2006
    0.3015
    		20 Year
    SAR/CAD historic rates

    It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

    To help with this you can add SAR/CAD to your personalised Rate Tracker to track and benefit from currency movements.

     
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