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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 positive, but likely to move sideways, as the rate is near its recent average and lacks a clear driver.

Key drivers:

• Rate gap: The Bank of Canada has adopted a cautious monetary stance, while the European Central Bank maintains its interest rates amid Eurozone resilience.

• Risk/commodities: Although oil prices are rising, recent volatility adds uncertainty to the CAD’s strength, as Canada is a significant oil exporter.

• One macro factor: Eurozone inflation recently fell below the ECB's target, raising speculation about potential future rate cuts.

Range:

Expect the CAD/EUR to hold steady within its recent trading range.

What could change it:

• Upside risk: A substantial increase in oil prices could strengthen the CAD significantly.

• Downside risk: Continued geopolitical tensions in Europe could lead to further weakness in the EUR, negatively impacting the CAD/EUR pair.

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 =
0.6187We compare provider deals to this wholesale mid-market rate. Read more
EUR
1d0.0%⬦
 
CAD to EUR at 0.6187 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 = 1.6162 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