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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.

 

The EUR to CAD market is currently range-bound, reflecting stable trading conditions.

Key drivers include the strengthening euro due to positive growth forecasts and the European Central Bank's careful approach to monetary policy. Meanwhile, the Canadian dollar faces headwinds from a persistent manufacturing downturn and a firm U.S. dollar. Additionally, oil prices are currently volatile, with recent highs impacting CAD particularly as Canada is a major oil exporter.

In the near term, the EUR/CAD is expected to trade within a narrow range near current levels, supported by the euro's recent stability.

Upside risks include stronger-than-expected economic data from the Eurozone, enhancing confidence in the euro. Conversely, a drop in oil prices or a worsening Canadian economic outlook could negatively affect CAD, leading to shifts in the EUR/CAD exchange rate.

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 =
1.6145We compare provider deals to this wholesale mid-market rate. Read more
CAD
1d+0.1%▲
14dHighs◓
EUR to CAD is at 14-day highs near 1.6149, 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 = 0.6194 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.

DateEUR/CADChangePeriod
24 Dec 2025
1.6103
0.4% ▲2 Week
09 Oct 2025
1.6215
0.3% ▼3 Month
07 Jan 2025
1.4857
8.8% ▲1 Year
08 Jan 2021
1.5506
4.2% ▲5 Year
10 Jan 2016
1.5499
4.3% ▲10 Year
12 Jan 2006
1.3994
15.5% ▲20 Year
EUR/CAD historic rates & change to 07-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 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