Understanding the Table:
The comparison table above helps you see the total cost of your Bank of Montreal 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’.
Canadian dollar (CAD) to euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
In the near term, CAD/EUR is trading close to its 90-day high near 0.6386, and positioned well above its 3-month average. The...
In the near term, CAD/USD is trading near recent highs within its 3-month range, supported by risk-off sentiment. Current levels...
In the near term, USD/EUR is holding near its recent range as the current drivers are not aligned clearly enough for a stronger...
To help you understand the real-world value of the current exchange rate, the table below shows how much Canadian dollar are worth in euro across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
*Converted at the current CAD-EUR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Bank of Montreal CAD to EUR exchange rate is 0.5845. This is -8.2% compared to the latest CAD-EUR mid-market rate 0.6364.
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 euro (EUR) rates from different sources before making a conversion.
The above Bank of Montreal - Loonie to Euro comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Bank of Montreal and other foreign exchange providers against the latest CAD-EUR mid-rate and the possible savings of using various providers.
Looking at the full CAD to EUR - Send Money comparison table the provider with the best CAD to EUR exchange rate is OFX at 0.6332, -0.5% from the latest mid-market rate 0.6364.
The next best is XE at 0.6326, -0.6% from the mid-rate.
Then Wise at 0.6324, which is -0.63% from the mid-rate.
The Western Union rate is 0.6269 which is -1.5% from the mid-rate.
Among the banks the TD Bank rate is 0.5775 at -9.3% the Scotiabank rate is 0.6172 at -3% and the Royal Bank of Canada rate is 0.6185 at -2.8% compared to the mid-rate 0.6364.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Bank of Montreal 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.
View a full list of exchange rates by selecting your Base (from) currency:
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