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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:

The CAD/EUR exchange rate is likely to move sideways as it is currently near its recent average and within a stable trading range. Strength in oil prices is providing some support to the Canadian dollar, but broader economic concerns could limit further gains.

Key drivers:

  • Rate gap: The Bank of Canada has maintained a cautious approach to interest rates, while the European Central Bank is also focusing on managing inflation, contributing to a balanced effect on their currencies.
  • Risk/commodities: Oil prices have recently rebounded above their average, boosting demand for the Canadian dollar as Canada is a major oil exporter.
  • Macro factor: Recent industrial production data from the Eurozone showed a significant decline, indicating potential weaknesses in the euro's performance.

Range:

The CAD/EUR exchange rate is expected to hold within its recent trading range.

What could change it:

  • Upside risk: A sharp increase in oil prices could enhance CAD's strength.
  • Downside risk: Poor economic data from Canada or a significant rebound in the euro could weaken the CAD 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 =
0.6190We compare provider deals to this wholesale mid-market rate. Read more
EUR
1d0.0%⬦
 
CAD to EUR at 0.6188 is near its 3-month average, having traded in a stable 1.6% range from 0.6120 to 0.6217
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  1 EUR = 1.6156 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