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 details and click ‘Get Rates’.
EUR to CAD Market Data
Euro (EUR) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the EUR to CAD 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 Euro against the Canadian dollar is to review how the EUR/CAD rate has changed over time.
The table below shows the percentage change in the EUR to CAD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
EUR/CAD holding steady @ 1.5619, near 3-month avg. ECB's hawkish tone supporting EUR despite German econ concerns. CAD facing pressure from trade deficit & unemployment, but could gain if oil prices (now @ 30-day high) continue upward trend, say analysts. #Forex #ECB #CAD
To help you understand the real-world value of the current exchange rate, the table below shows how much Euro are worth in Canadian dollar across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
The standard OFX EUR-CAD rate is 1.5382, -1.6% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Euro (EUR) to Canadian dollar (CAD) rates from different sources before making a conversion.
The above
Euro to Loonie 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 EUR-CAD mid-rate and the possible savings of using various providers.
How do EUR-CAD rates compare between providers?
Looking at the
full comparison table
the best EUR to CAD exchange rate is 1.5556 from OFX, -0.5% from the mid-market rate 1.5634. The next best rate is 1.554 from XE, -0.6% from the mid-rate. Then Wise with 1.5525 is -0.7% from the mid-rate.
The Western Union rate is 1.5399 which is -1.5% 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.