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CAD to EUR - Compare Rates

Canadian Dollar to Euro exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
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CAD EUR live spot rate

1 CAD = 0.6422 EUR

Sell CAD / Buy EUR 


Canadian Dollar to Euro - Trend & Alerts

CADEUR at 0.6422 is near its 90-DAY average, range 0.6288-0.648.
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1-DAY0.5% (1d)14-DAY-LOW
 
 

Comparing CAD EUR Exchange Rates

You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the 'Wholesale' rate (interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the exchange rate margin will also vary depending on the currency pair and total amount.

 
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CADEUR blended flags

Canadian Dollar to Euro - Quick Conversions

CAD EUR
C$ 1 0.6422
C$ 5 3.2110
C$ 10 6.4220
C$ 20 12.84
C$ 50 32.11
C$ 100 64.22
C$ 250 160.55
C$ 500 321.10
C$ 1,000 642.20
C$ 2,000 1,284
C$ 5,000 3,211
C$ 10,000 6,422
C$ 50,000 32,110
C$ 100,000 64,220
More amounts
CAD EUR
C$ 1.5570 € 1
C$ 7.7850 € 5
C$ 15.57 € 10
C$ 31.14 € 20
C$ 77.85 € 50
C$ 155.70 € 100
C$ 389.25 € 250
C$ 778.50 € 500
C$ 1,557 € 1,000
C$ 3,114 € 2,000
C$ 7,785 € 5,000
C$ 15,570 € 10,000
C$ 77,850 € 50,000
C$ 155,700 € 100,000
More amounts

To calculate other CAD/EUR FROM or TO amounts at wholesale rate use our home-page quick & easy Calculate CAD to EUR .

Country Guides - Euro

 
EurozoneEurozone (EUR)Aaland IslandsAaland Islands (EUR)AndorraAndorra (EUR)
AustriaAustria (EUR)BelgiumBelgium (EUR)CyprusCyprus (EUR)
EstoniaEstonia (EUR)FinlandFinland (EUR)FranceFrance (EUR)
French GuineaFrench Guinea (EUR)French Southern TerritoriesFrench Southern Territories (EUR)GermanyGermany (EUR)
GreeceGreece (EUR)GuadeloupeGuadeloupe (EUR)Vatican CityVatican City (EUR)
IrelandIreland (EUR)ItalyItaly (EUR)LuxembourgLuxembourg (EUR)
MaltaMalta (EUR)MartiniqueMartinique (EUR)MayotteMayotte (EUR)
MonacoMonaco (EUR)MontenegroMontenegro (EUR)NetherlandsNetherlands (EUR)
PortugalPortugal (EUR)ReunionReunion (EUR)Saint BarthélemySaint Barthélemy (EUR)
Saint MartinSaint Martin (EUR)Saint Pierre and MiquelonSaint Pierre and Miquelon (EUR)San MarinoSan Marino (EUR)
SlovakiaSlovakia (EUR)SloveniaSlovenia (EUR)SpainSpain (EUR)
   

Canadian Dollar - Euro Forecasting

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 combination of an eroded US interest yield advantage, a broadly positive riskon mood and renewed euro demand, could be a catalyst to push the Canadian dollar along. The combination of an eroded US interest yield advantage, a broadly positive riskon mood and renewed euro demand, could be a catalyst to push the Canadian dollar along.

The Canadian dollar was range bound during the second half of 2019 oscillating between US75c and US76.5c. Mid-year the loonie stormed ahead in June and July, rising to what turned out to be the 2019 high against the US dollar of US76.7cents 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.

Read more in the article CAD Forecasts.

 

Euro (EUR)

The euro is currently a more appealing investment than the US dollar as fiscal support and COVID-19 containment open the door to a faster paced recovery than what is likely in the US. With current USD weakness and strong long-term prospects for the European Union, there is speculation that the euro could be a contender as the world’s new reserve currency. In the short term the euro could be susceptible to swings, however in the longterm the euro has very good prospects. The currency is poised to move above 1.1850 and extend toward 1.20 in coming weeks.

In mid-July euro strengthened four-month highs (around 1.15 against the US dollar) as european leaders delivered a difficult agreement on a coronavirus rescue package to help member states manage the economic downturn.

The historic stimulus package will see the bloc issue 750 billion euros (US$860 billion) of joint debt and is seen by market commentators as positive for the euro.

The Euro spent 2019 on a downwards trajectory, starting the year with highs at US1.1550 but then slid all year until October where it bottomed out at US$1.09 on Oct 1, close to long-term lows. Since then it has climbed back over the 1 year average of US1.11 towards US1.20.

Read more in the article EUR Forecasts.

 

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How to get Best CAD to EUR Exchange Rates

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).

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.

 

Will CAD rise or fall against EUR?

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

The following table looks at the change in the CAD to EUR exchange rate over periods from the previous week back to the last 10 years.

CAD/EUR rateChangePeriod
16 Oct 2020 : 0.64700.7% ▼1 Week
23 Sep 2020 : 0.64080.2% ▲30 Days
25 Jul 2020 : 0.63950.4% ▲90 Days
24 Oct 2019 : 0.68906.8% ▼1 Year
25 Oct 2015 : 0.68936.8% ▼5 Years
26 Oct 2010 : 0.70468.9% ▼10 Years

CAD/EUR 10 year historic rates & change to 23-Oct-2020 : 0.6422

 

When is the best time to exchange CAD to EUR?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup BER.me FX Alerts