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The Kuwaiti dinar, the official currency of Kuwait, is the world’s most valued currency. Before its introduction in 1960, the Indian rupee was circulated in Kuwait….Asian currencies.
|ISO 4217 code||JPY|
|Country or dependency (administrating country)||Japan|
Position 1: Kuwaiti Dinar (KWD) The Kuwaiti Dinar (KWD) is the country’s official currency. The name dinar comes from the Roman denarius. The KWD is divided into 1000 fils, a coin that is used in many Arab countries. The Kuwaiti Dinar is widely regarded as the world’s most powerful currency.
Iranian Rial. The Iranian Rial is officially the world’s cheapest currency. This is the official currency of Iran. It is known for being the world’s weakest currency.
The Canadian dollar may struggle in 2020 to top its stellar performance from this year. While risk-sensitive currencies like the loonie should perform well if the global economy continues to firm, Shahab Jalinoos believes Bank of Canada policy makers will be quick to try to curtail a significant rise.
For example, if the pair is trading at 1.20 it means that it takes 1.2 Canadian dollars to buy 1 U.S. dollar. Although the USD/CAD currency pair has reached parity at different points in history, the U.S. dollar has traditionally been the stronger of the two currencies.
The Canadian Dollar is expected to trade at 1.25 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 1.27 in 12 months time.
Convert US Dollar to Canadian Dollar
|50 USD||63.092 CAD|
|100 USD||126.184 CAD|
|500 USD||630.92 CAD|
|1,000 USD||1,261.84 CAD|
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|Conversion rates Canadian Dollar / US Dollar|
|15 CAD||11.88966 USD|
|16 CAD||12.68230 USD|
|18 CAD||14.26759 USD|
|20 CAD||15.85288 USD|