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CAD to EUR 2026 Forecasts

Analysis of recent loonie → euro forecasts for 2026. We collate forecasts from respected FX analysts together with the latest Canadian dollar to Euro performance and trends.

 

CAD/EUR Outlook: Slightly weaker, but likely to move sideways, as the rate is below its recent average and near recent lows without a clear driver.

Key drivers:

• Rate gap: The Bank of Canada has lowered interest rates to support economic growth, while the European Central Bank maintains a tighter policy, creating pressure on the CAD against the EUR.

• Risk/commodities: Oil prices are currently at 90-day highs, exceeding the 3-month average, yet the softening trend may limit the Canadian dollar's potential due to its reliance on oil exports.

• Macro factor: The recent drop in Canadian exports to the U.S. amid tariffs has created uncertainty, affecting demand for the CAD.

Range: The CAD/EUR rate is likely to hold within its recent 1.5% range as market factors are mixed.

What could change it:

• Upside risk: A surprise increase in Canadian export demand or stronger-than-expected economic data could bolster the CAD.

• Downside risk: Further declines in oil prices or escalation in trade policy uncertainty could weaken the CAD further against the EUR.

CAD-EUR Rate Calculator

 
   
   
   
   
 
   
 
 

CAD to EUR Market Data

Canadian dollar (CAD) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell CAD   →   Buy EUR
1 CAD =
0.6162We compare provider deals to this wholesale mid-market rate. Read more
EUR
1d−0.2%▼
30dLows◒
CAD to EUR is at 30-day lows near 0.6161, just below its 3-month average, having traded in a stable 1.5% range from 0.6128 to 0.6217
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  1 EUR = 1.6230 CAD

Compare & Save - Canadian dollar to Euro

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Canadian dollar (CAD) to Euro (EUR) rates from different sources before making a conversion.

Use our CAD to EUR calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Loonie to Euro currency rates and the possible savings of using various providers.

 
 

Will the Canadian dollar rise against the Euro?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Canadian dollar vs Euro current value is to look the CAD/EUR historic rate and change over a range of periods.

The following table looks at the change in the CAD to EUR exchange rate over periods from the previous week back to the last 10 years.

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add CAD/EUR to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more