The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Compare Exchange Rates & Fees - Save Time & Money
Sending money to Dominican Republic can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Dominican Republic bank accounts or pay a Dominican peso invoice.
CAD to DOP Market Data
Canadian dollar (CAD) to Dominican peso (DOP) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell CAD →
Buy DOP
1 CAD = 43.28 DOP
▲+0.2% since yesterday
CAD to DOP at 43.28 is near its 3-month average, having traded in a relatively stable 6.6% range from 42.03 to 44.80
Is the CAD to DOP Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Canadian dollar against the Dominican peso is to review how the CAD/DOP rate has changed over time.
The table below shows the percentage change in the CAD to DOP exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
CAD/DOP
Change
Period
07 Jul 2023
41.94
1% ▲
2 Week
22 Apr 2023
39.92
6.1% ▲
3 Month
21 Jul 2022
42.17
0.5% ▲
1 Year
22 Jul 2018
37.79
12.1% ▲
5 Year
23 Jul 2013
40.54
4.5% ▲
10 Year
26 Jul 2003
24.73
71.3% ▲
20 Year
CAD/DOP historic rates & change to 21-Jul-2023
CAD to DOP Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Canadian dollar are worth in Dominican peso across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
What is the
best Send Money conversion rate for CAD to DOP?
The best CAD to DOP exchange rate is 43.03 from Wise. This is -0.58% compared to the mid-market rate 43.28.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Canadian dollar (CAD) to Dominican peso (DOP) rates from different sources before making a conversion.
The above
Loonie to Dominican peso comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest CAD-DOP mid-rate and the possible savings of using various providers.
How do CAD-DOP rates compare between providers?
Looking at the full
CAD to DOP - Send Money comparison table the provider with the best CAD to DOP exchange rate is Wise at 43.03, -0.58% from the latest mid-market rate 43.28.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.