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’.
CAD to EUR Market Data
Canadian dollar (CAD) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the CAD to EUR 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 Euro is to review how the CAD/EUR rate has changed over time.
The table below shows the percentage change in the CAD to EUR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Current market bias: The CAD to EUR exchange rate has a range-bound bias.
Key drivers:
- Strong Canadian jobs report showing robust economic growth and low unemployment.
- The Bank of Canada maintains a stable interest rate at 2.25%, reflecting cautious monetary policy.
- The European Central Bank remains cautious about euro strength, affecting inflation.
Near-term range: Expect stable trading around current levels over the next few months.
What could change it: An upside risk includes a significant rebound in oil prices, boosting the CAD. On the downside, negative economic data from Europe or worsened global risk sentiment could weaken the euro, strengthening the CAD.
---
CAD/EUR remains range-bound, supported by strong job growth in Canada and stable interest rates. The ECB's caution on euro strength adds downward pressure, with limited volatility expected ahead. Upside comes from rebounding oil prices; downside risks linger in Europe
@bestfxrates
CAD to EUR 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 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 * :
What is the
best Send Money conversion rate for CAD to EUR?
The best CAD to EUR exchange rate is 0.6178 from OFX . This is -0.5% compared to the mid-market rate 0.6209.
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
Loonie to Euro 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-EUR mid-rate and the possible savings of using various providers.
How do CAD-EUR rates compare between 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 0.6178, -0.5% from the latest mid-market rate 0.6209.
The next best is XE at 0.6172, -0.6% from the mid-rate.
Then Wise at 0.617, which is -0.63% from the mid-rate.
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.