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EUR to CAD 2026 Forecasts

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

 

Bias: bearish-to-range-bound, EUR/CAD sits below its 90-day average and in the lower half of the three-month range.

Key drivers:

• Rate gap: ECB policy remains neutral; BoC has cut to a level that supports growth, narrowing the gap and leaving CAD more responsive to oil-driven moves, a dynamic exporters watch closely.

• Oil trend: oil has climbed to multi-week highs, boosting CAD and pressuring EUR/CAD as energy markets drive the loonie, with global demand still a consideration.

• Macro factor: ECB policy stays neutral for 2026, keeping rate expectations muted and limiting upside for the euro, especially when inflation prints stay modest.

Range: EUR/CAD should drift within the three-month band, testing the lower end if oil resilience persists and US data trend remains mixed.

What could change it:

• Upside risk: oil retreats, reducing CAD support and lifting EUR/CAD toward the upper end of the range.

• Downside risk: oil stays firm or climbs, boosting CAD and pushing EUR/CAD lower toward the bottom of the range.

EUR-CAD Rate Calculator

 
   
   
   
   
 
   
 
 

EUR to CAD Market Data

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

 
Sell EUR   →   Buy CAD
1 EUR =
1.6180We compare provider deals to this wholesale mid-market rate. Read more
CAD
1d−0.1%▼
30dHighs◓
EUR to CAD at 1.6170 is just below its 3-month average, having traded in a very stable 2.1% range from 1.6084 to 1.6427
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  1 CAD = 0.6180 EUR

Compare & Save - Euro to Canadian dollar

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

Use our EUR to CAD 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 Euro to Loonie currency rates and the possible savings of using various providers.

 
 

Will the Euro rise against the Canadian dollar?

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

The following table looks at the change in the EUR to CAD 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 EUR/CAD 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