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EUR to CAD Rates - 2026 Forecast

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.

 

EUR/CAD Outlook:

The EUR/CAD exchange rate is stable, trading near its 3-month average and within a tight range. This positions the currency pair as likely to move sideways, lacking a strong directional driver.

Key drivers:

Rate gap: The European Central Bank is keeping interest rates steady, while the Bank of Canada has slightly higher rates, potentially supporting the CAD.

Risk/commodities: Oil prices are climbing, well above their recent average, which may strengthen the CAD given Canada’s status as a major oil exporter.

Macro factor: Canada’s upcoming GDP report could put pressure on the CAD if it shows signs of economic contraction.

Range:

EUR/CAD is likely to hold its current level as it remains within a narrow 1.6% range.

What could change it:

Upside risk: Strong economic data from the Eurozone could boost the euro's value.

Downside risk: A disappointing Canadian GDP report could weaken the CAD further.

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 =
1.6130We compare provider deals to this wholesale mid-market rate. Read more
CAD
1d−0.1%
 
EUR to CAD at 1.6128 is near its 3-month average, having traded in a stable 1.6% range from 1.6084 to 1.6339
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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.

DateEUR/CADChangePeriod
13 Feb 2026
1.6160
0.1% 2 Week
29 Nov 2025
1.6221
0.5% 3 Month
27 Feb 2025
1.5016
7.5% 1 Year
28 Feb 2021
1.5352
5.1% 5 Year
01 Mar 2016
1.4603
10.5% 10 Year
04 Mar 2006
1.3645
18.3% 20 Year
EUR/CAD historic rates & change to 27-Feb-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 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