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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/CAD exchange rate shows a bearish bias in the near term.

Key drivers include the interest rate differential, with the European Central Bank wary of further euro strength impacting inflation, while the Bank of Canada maintains its rates steady for now. Recent job growth in Canada offers support to the CAD, although oil prices, closely tied to the currency, are currently low, trading below their recent average.

The expected near-term trading range for EUR/CAD appears stable, fluctuating slightly around current levels.

An upside risk could emerge from stronger economic data in the Eurozone, potentially boosting the euro, while a downside risk could arise if Canadian retail sales show lower growth, hurting the CAD. Additionally, ongoing volatility in oil prices could further influence the CAD's strength against the euro.

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 =
1.6111We compare provider deals to this wholesale mid-market rate. Read more
CAD
1d+0.1%▲
 
EUR to CAD is at 7-day highs near 1.6121, just 0.6% below its 3-month average of 1.6223, having traded in a very stable 2.1% range from 1.6084 to 1.6427
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  1 CAD = 0.6207 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
19 Dec 2025
1.6158
0.2% ▼2 Week
04 Oct 2025
1.6393
1.6% ▼3 Month
02 Jan 2025
1.4791
9% ▲1 Year
03 Jan 2021
1.5587
3.5% ▲5 Year
05 Jan 2016
1.5022
7.3% ▲10 Year
07 Jan 2006
1.4162
13.9% ▲20 Year
EUR/CAD 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 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