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’.
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:
The recent forecasts for the USD to CAD exchange rate indicate a potential weakening of the US dollar against the Canadian dollar as traders anticipate...
EUR to CAD market bias is currently range-bound, influenced by mixed factors for both currencies. The interest rate differential remains stable, as the ECB keeps rates steady against the BoC's optimistic outlook on the Canadian economy. Euro risks include inflation and Ukraine war volatility, while CAD stability is supported by strong job growth.
In the next 1-3 months, expect the EUR to CAD exchange rate to navigate a narrow range, similar to its recent levels. Analysts note a 2.1% trend despite some recent euro weakness.
Upside risks could emerge from better economic growth in the Eurozone, especially if consumer confidence in Germany improves. On the downside, renewed geopolitical tensions or a drop in oil prices could weaken the Canadian dollar, affecting EURCAD rates
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EUR to CAD 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 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 * :
What is the
best Send Money conversion rate for EUR to CAD?
The best EUR to CAD exchange rate is 1.6035 from OFX . This is -0.3% compared to the mid-market rate 1.6083.
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
EUR to CAD - Send Money comparison table the provider with the best EUR to CAD exchange rate is OFX at 1.6035, -0.3% from the latest mid-market rate 1.6083.
The next best is Wise at 1.5993, -0.56% from the mid-rate.
Then XE at 1.5987, which is -0.6% 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.