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ROA CORE to Canadian Dollar Converter and calculator

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Convert 1ROA CORE (ROA) to Canadian Dollar (CAD) equals $ 0.01605 | Bitget
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Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of ROA CORE(ROA) to Canadian Dollar(CAD). This is the real-time data. The current conversion shows 1 ROA at a value of 1 ROA for 0.02 CAD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

CAD information

About the Canadian Dollar (CAD)

What Is the Canadian Dollar (CAD)?

The Canadian dollar, symbolized as $ and often abbreviated as CAD, is the official currency of Canada. It's divided into 100 cents (¢). Unique to Canada, the dollar coin is commonly referred to as the "loonie," a nod to the image of a loon on its reverse side. The Canadian dollar is the sole legal tender in Canada. It holds a significant position in the global economy, being the sixth-most held reserve currency worldwide, favored for Canada's economic stability and strong sovereign position.

The Canadian dollar (CAD) is issued by the Bank of Canada, which is the central bank of the country. Established in 1934, the Bank of Canada is responsible for formulating Canada's monetary policy, issuing banknotes, regulating and supporting Canada's principal systems for clearing and settling payments, and promoting a safe and efficient financial system. The design and production of Canadian banknotes are overseen by the Bank of Canada, with a focus on ensuring their security and integrity as legal tender.

What Is the History of CAD?

In the early 19th century, Canada saw a mix of currencies, including British pounds, U.S. dollars, and Spanish dollars, circulating within its borders. As trade with the United States intensified, the necessity for a unified currency became clear, leading to the introduction of the Canadian dollar in 1858. This strategic move, aligning the Canadian dollar at par with the U.S. dollar, marked a significant shift from the previously dominant British pound and adopted the decimal system, simplifying transactions and distancing itself from the British pounds, shillings, and pence system. The gold standard, a mainstay of international finance, was adopted in 1853 but abandoned during World War I. Throughout the 19th and 20th centuries, the Canadian dollar underwent various changes, including pegs to the U.S. dollar during and post World War II. In 1950, Canada transitioned to a floating currency, allowing the Canadian dollar to occasionally trade above the U.S. dollar, until 1962 when it was pegged again at $0.925 USD. This peg remained until 1970, after which the Canadian dollar was allowed to float freely once more. The following decades witnessed the Canadian dollar's highs and lows, influenced by global economic trends, domestic policies, and Canada's significant exports, particularly in natural resources like oil.

Notes and Coins of CAD

The coinage includes the penny (1¢), which, although no longer produced or widely circulated, remains legal tender. The nickel (5¢), dime (10¢), quarter (25¢), and half dollar (50¢). Notably, the loonie and toonie, one and two-dollar coins, are essential for daily transactions in Canada.

Canadian banknotes, made from durable polymer, celebrate the nation's history and achievements. The $5 note pays tribute to Sir Wilfrid Laurier and space exploration, the $10 to Sir John A. Macdonald and Canada's landscapes, and the $20 to Queen Elizabeth II and the Vimy Memorial, symbolizing royal and military heritage. The $50 and $100 notes feature former Prime Ministers and themes of Arctic sovereignty and medical advancements.

Is CAD the Same Value as the USD?

No, the Canadian Dollar (CAD) is not the same value as the United States Dollar (USD). Although both currencies are called "dollars," they have different values on the foreign exchange market. As of January 2024, 1 Canadian Dollar was worth approximately 0.75 US Dollars. This exchange rate means that the Canadian Dollar is less valuable than the United States Dollar, so you would need more than one CAD to purchase one USD. However, it's important to note that exchange rates are constantly changing, so the exact value can vary from day to day.

Is CAD a Strong Currency?

The Canadian dollar, commonly referred to as the "loonie," is considered a relatively strong and stable currency, primarily due to Canada's sound economic fundamentals. While it doesn't match the supremacy of the US dollar or the Euro in global finance, it holds its own respectably. As of January 2024, 1 Canadian dollar was equivalent to approximately 0.75 US dollars, demonstrating its moderate strength in the foreign exchange market. The strength of the Canadian dollar is influenced by various factors, including Canada's political stability, a robust banking system, and a wealth of natural resources. Additionally, Canada's close trading relationship with the United States also plays a significant role in the currency's valuation. The Canadian dollar's value can fluctuate based on global oil prices, given the country's status as a major oil exporter.

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Bitget crypto-to-fiat exchange data shows that the most popular ROA CORE currency pair is the ROA to CAD, with for ROA CORE's currency code being ROA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for CAD.

ROA to CAD conversion rate trend

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In the past 1D, ROA CORE has changed +3.03% to CAD. Based on the trend and price charts, ROA CORE(ROA) has changed +3.03% to CAD while Canadian Dollar(CAD) has changed % to ROA in the last 24 hours.

ROA to CAD market statistics

ROA/CAD:
$ 0.01605
ROA 24h volume:
$ 241,541.63
ROA market cap:
$ 8,071,621.23
ROA circulating supply:
503.00M ROA

Current ROA to CAD exchange rate

ROA CORE to Canadian Dollar is rising this week.
ROA CORE's current market price is $ 0.01605 per ROA, with a total market cap of $ 8,071,621.23 CAD based on a circulating supply of 503,000,000 ROA. The trading volume of ROA CORE has changed by -81.76% ($ -1,082,953.93 CAD) in the last 24 hours. Last trading day, ROA's trading volume was $ 1,324,495.57.

ROA to CAD Conversion tables

The exchange rate of ROA CORE is decreasing.
1 ROA is currently valued at $ 0.01605 CAD , which means buying 5 ROA will cost $ 0.08023 CAD . Similarly, $1 CAD can be traded for 62.32 ROA, and $50 CAD can be converted to 3,115.85 ROA, excluding any platform or gas fees.
The exchange rate of 1 ROA to Canadian Dollar has changed by +16.49% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.03%, reaching a high of 0.01626 CAD and a low of 0.01535 CAD . One month ago, the value of 1 ROA was $ 0.01892 CAD , which represents a -15.18% change from its current value. Over the last year, ROA CORE has changed by
-$
0.07498CAD
, resulting in a change of -82.34% in its value.

ROA to CAD

Amount
11:34 am today
0.5 ROA
$0.008023
1 ROA
$0.01605
5 ROA
$0.08023
10 ROA
$0.1605
50 ROA
$0.8023
100 ROA
$1.6
500 ROA
$8.02
1000 ROA
$16.05

CAD to ROA

Amount11:34 am today
0.5CAD31.16  ROA
1CAD62.32  ROA
5CAD311.59  ROA
10CAD623.17  ROA
50CAD3,115.85  ROA
100CAD6,231.71  ROA
500CAD31,158.55  ROA
1000CAD62,317.09  ROA
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ROA to CAD Today vs. 24 hours ago

Amount11:34 am today24 hours ago24h change
0.5 ROA$0.008023$0.007787
+3.03%
1 ROA$0.01605$0.01557
+3.03%
5 ROA$0.08023$0.07787
+3.03%
10 ROA$0.1605$0.1557
+3.03%
50 ROA$0.8023$0.7787
+3.03%
100 ROA$1.6$1.56
+3.03%
500 ROA$8.02$7.79
+3.03%
1000 ROA$16.05$15.57
+3.03%

ROA to CAD Today vs. 1 month ago

Amount11:34 am today1 month ago1M change
0.5 ROA$0.008023$0.009462
-15.18%
1 ROA$0.01605$0.01892
-15.18%
5 ROA$0.08023$0.09462
-15.18%
10 ROA$0.1605$0.1892
-15.18%
50 ROA$0.8023$0.9462
-15.18%
100 ROA$1.6$1.89
-15.18%
500 ROA$8.02$9.46
-15.18%
1000 ROA$16.05$18.92
-15.18%

ROA to CAD Today vs. 1 year ago

Amount11:34 am today1 year ago1Y change
0.5 ROA$0.008023$0.04551
-82.34%
1 ROA$0.01605$0.09103
-82.34%
5 ROA$0.08023$0.4551
-82.34%
10 ROA$0.1605$0.9103
-82.34%
50 ROA$0.8023$4.55
-82.34%
100 ROA$1.6$9.1
-82.34%
500 ROA$8.02$45.51
-82.34%
1000 ROA$16.05$91.03
-82.34%

How to convert ROA to CAD

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Convert ROA to CAD
Use a variety of payment options to buy ROA CORE on Bitget. We'll show you how.

Buy ROA (or USDT) for CAD (Canadian Dollar) offers

Bitget P2P trading does not currently support direct buying of ROA with CAD. However, you can buy USDT in Bitget P2P trading first, and then buy ROA with USDT via Bitget spot market.
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Sell ROA (or USDT) for CAD (Canadian Dollar) offers

Bitget P2P trading currently does not support direct selling of ROA to CAD. However, you can first exchange ROA for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
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What factors influence the conversion rate of ROA to CAD?

There are many factors that affect the relationship between ROA CORE and Canadian Dollar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of ROA/CAD. When there is positive news in the market about the widespread adoption of ROA or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ROA/CAD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ROA/CAD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of ROA/CAD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of ROA CORE and adjust their investment strategies accordingly in the evolving market.

ROA CORE price prediction

What will the price of ROA be in 2026?

Based on ROA's historical price performance prediction model, the price of ROA is projected to reach $0.01042 in 2026.

What will the price of ROA be in 2031?

In 2031, the ROA price is expected to change by +12.00%. By the end of 2031, the ROA price is projected to reach $0.03004, with a cumulative ROI of +171.96%.

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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between ROA CORE and CAD.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as ROA CORE and CAD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of ROA CORE in CAD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.