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CAD/EUR - Convert Compare Save

Canadian Dollar to Euro exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

This resource page for the Canadian Dollar to Euro exchange rate, has news, forecasts and CAD to EUR comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

CAD/EUR Exchange Rates - How to Compare & Save

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for CAD/EUR International Money Transfers. Costs are calculated against the current interbank mid-rate.

 

CAD to EUR International Money Transfers

  

ProvidersReceive EUR(€)Exchange RateFee CADTotal CostDeal Links
OFX logo
6,624 EUR
Best Overall
0.66240^0.41%
HSBC logo
6,438.33 EUR
186 EUR
0.6448C$153.2%
Coast Capital Savings International Money Transfers
Coast Capital Savings logo
6,389.46 EUR
235 EUR
0.6454C$1003.93%
Scotiabank logo
6,383.52 EUR
240 EUR
0.6448C$1004.02%
Banks - Average Rate
Coast Capital Savings logo Scotiabank logo Royal Bank of Canada logo HSBC logo TD Canada Trust logo
6,373 EUR
251 EUR
0.6426154.18%
TD Canada Trust logo
6,334.02 EUR
290 EUR
0.6398C$1004.77%
Royal Bank of Canada logo
6,318.18 EUR
306 EUR
0.6382C$1005%
 
OFX: Foreign Transfer CAD→EUR
CAD amount:$10,000 CAD
Fee:0^ - No fees for BestExchangeRates users (normally $15 for smaller transfers)
Exchange Rate:0.6624 (-0.41% from mid-rate)
EUR amount:6,624 EUR
Total Cost:0.41%
Time:
Rate Fetched: 6:50 Local
Rating:
 
: 4.8/5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer CAD→EUR
CAD amount:$10,000 CAD
Fee:C$15 CAD (.15%)
Exchange Rate:0.6448 (-3.05% from mid-rate)
EUR amount:6,438.33 EUR
Total Cost:3.2%
Time:6:50 Local
Rating:
: /5.0
Reviews:
 

Coast Capital Savings logoCoast Capital Savings

Coast Capital Savings: Foreign Transfer CAD→EUR
CAD amount:$10,000 CAD
Fee:C$100 CAD (1%)
Exchange Rate:0.6454 (-2.96% from mid-rate)
EUR amount:6,389.46 EUR
Total Cost:3.93%
Time:6:50 Local
Rating:
: /5.0
Reviews:
 

Scotiabank logoScotiabank

Scotiabank: Foreign Transfer CAD→EUR
CAD amount:$10,000 CAD
Fee:C$100 CAD (1%)
Exchange Rate:0.6448 (-3.05% from mid-rate)
EUR amount:6,383.52 EUR
Total Cost:4.02%
Time:6:50 Local
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer CAD→EUR
CAD amount:$10,000 CAD
Fee:15
Exchange Rate:0.6318 (-5.01% from mid-rate)
EUR amount:6,373 EUR
Total Cost:4.18%
 

TD Canada Trust logoTD Canada Trust

TD Canada Trust: Foreign Transfer CAD→EUR
CAD amount:$10,000 CAD
Fee:C$100 CAD (1%)
Exchange Rate:0.6398 (-3.8% from mid-rate)
EUR amount:6,334.02 EUR
Total Cost:4.77%
Time:6:50 Local
Rating:
: /5.0
Reviews:
 

Royal Bank of Canada logoRoyal Bank of Canada

Royal Bank of Canada: Foreign Transfer CAD→EUR
CAD amount:$10,000 CAD
Fee:C$100 CAD (1%)
Exchange Rate:0.6382 (-4.04% from mid-rate)
EUR amount:6,318.18 EUR
Total Cost:5%
Time:6:50 Local
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 06/25/2019 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money ProvidersAmount EUR(€)Exchange RateFee CADTotal CostDeal Links
Travelex Online CA logo
641.80 EUR
Best Overall
0.6418$03.5%
Royal Bank of Canada logo
627.70 EUR
14 EUR
0.627705.62%
TD Canada Trust logo
621.30 EUR
20 EUR
0.621306.59%
Banks - Average Rate
Scotiabank logo Royal Bank of Canada logo TD Canada Trust logo
619.72 EUR
22 EUR
0.6239C$106.82%
Scotiabank logo
610.15 EUR
32 EUR
0.6226C$208.26%
Travelex Online CA: Travel Money CAD→EUR
CAD amount:$1,000 CAD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:0.6418 (3.5% from mid-rate)
EUR amount:641.80 EUR
Total Cost:3.5%
Time:
Rate Fetched: 6:51 Local
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

Royal Bank of Canada logoRoyal Bank of Canada

Royal Bank of Canada: Travel Money CAD→EUR
CAD amount:$1,000 CAD
Fee:
Exchange Rate:0.6277 (5.62% from mid-rate)
EUR amount:627.70 EUR
Total Cost:5.62%
Time:6:51 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 

TD Canada Trust logoTD Canada Trust

TD Canada Trust: Travel Money CAD→EUR
CAD amount:$1,000 CAD
Fee:
Exchange Rate:0.6213 (6.59% from mid-rate)
EUR amount:621.30 EUR
Total Cost:6.59%
Time:6:51 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money CAD→EUR
CAD amount:$1,000 CAD
Fee:C$10 CAD (1%)
Exchange Rate:0.5820 (12.49% from mid-rate)
EUR amount:619.72 EUR
Total Cost:6.82%
Currency Services:Branch
Delivery/Collect:-
 

Scotiabank logoScotiabank

Scotiabank: Travel Money CAD→EUR
CAD amount:$1,000 CAD
Fee:C$20 CAD (Minimum fee)
Exchange Rate:0.6226 (6.39% from mid-rate)
EUR amount:610.15 EUR
Total Cost:8.26%
Time:6:51 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 06/25/2019 - See full table

CAD to EUR interbank exchange rate = 0.6671

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on CAD/EUR exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

CADEUR blended flags

CAD and EUR in the Markets

When determining the best time to make a foreign exchange transaction, in this case the CAD vs EUR, you should pay attention to the recent market trends for both currencies.

 

Canadian Dollar (CAD)

The Canadian dollar stormed ahead in the second half of June, rising to a 16-week high against the US dollar and to 8-month highs against the euro, pound, Australian and New Zealand dollars. Against the Aussie, a minimal additional increase would take CAD to a 9-year high.

Supporting the loonie was a 10 percent rise in the oil price (oil is among Canada’s most exported products but is volatile and can’t be relied upon), a large and welcome jump in inflation, and dovishness at major central banks of the world, including the Federal Reserve, ECB and RBA.

Any delay to Canadian ratification of the USMCA trade deal (already accepted by Mexico) is likely to depress sentiment on Canada’s currency.

Read more in the article CAD Forecasts.

 

Euro (EUR)

Euro sentiment dipped in mid-June after the ECB, like other major central banks of the world, ramped up its dovish rhetoric. It said that there was “considerable room” for further quantitative easing and that it would consider negative interest rates. Ordinarily, this would spark an extended euro decline but since other major currencies are also wrestling with easier central bank policies, euro depreciation may be contained.

In spite of Brexit, a slowdown in economic growth, Italian risks and persistently weak inflation — an important measure of inflation expectations fell in June to a record low — the euro did fantastically well against the Australian dollar, New Zealand dollar and British pound between mid-April and mid-June. Due to a stronger US dollar, EUR/USD was down 2 percent on the year at $1.12, close to long-term lows.

Read more in the article EUR Forecasts.

Why can't I just get the CAD/EUR market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the CAD / EUR was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

CADEUR blended flags

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all CAD Exchange Rates