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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.

 

The CAD to EUR exchange rate currently exhibits a slight bullish bias, trading near 90-day highs.

Key drivers influencing this trend include:

  • The recent job gains in Canada, with a robust report showing a significant uptick in employment, which enhances confidence in the CAD.
  • A firm CAD interest rate from the Bank of Canada at 2.25%, creating a favorable interest rate differential compared to the Eurozone.
  • The steady macroeconomic outlook for the Eurozone, with a projected GDP growth supporting the EUR's stability.

In the near term, the CAD/EUR rate is expected to trade within a range with marginal upward potential given recent momentum.

Upside risks could emerge from rising oil prices, which would bolster the CAD given Canada’s status as a major oil exporter. Conversely, a significant decline in global risk sentiment or adverse economic news from the Eurozone could exert downward pressure on 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 =
0.6214We compare provider deals to this wholesale mid-market rate. Read more
EUR
1d+0.1%▲
90dHighs◓
CAD to EUR is at 90-day highs near 0.6217, just 0.7% above its 3-month average of 0.6168, having traded in a very stable 2.1% range from 0.6087 to 0.6217
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  1 EUR = 1.6092 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.

DateCAD/EURChangePeriod
19 Dec 2025
0.6189
0.2% ▲2 Week
04 Oct 2025
0.6100
1.7% ▲3 Month
02 Jan 2025
0.6761
8.3% ▼1 Year
03 Jan 2021
0.6416
3.3% ▼5 Year
05 Jan 2016
0.6657
6.8% ▼10 Year
07 Jan 2006
0.7061
12.2% ▼20 Year
CAD/EUR historic rates & change to 02-Jan-2026

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