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    CAD to EUR Exchange Rates

    Compare & Save on Canadian dollar to euro exchange rates. Latest CAD to euro analysis and review of forecasts.

       

    In this CAD to euro (CAD/EUR) rate guide:

    Rate Calculator - Canadian dollar to euro

    Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Canadian dollar (CAD) to euro (EUR) rates from different sources before making a conversion.

    This exchange rate calculator makes it easy to compare the Total Cost you are being charged on CAD to euro currency rates and the possible savings of using various providers.

     

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    We can help you get an even better deal when sending a Large International Money Transfer.

    Click below for the Request Quotes form and enter your transfer details (BER account required).

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    Save time and money - fewer websites to visit and you get a much better exchange rate & service.

     

    CAD to EUR Market Data

    Canadian dollar (CAD) to euro (EUR) market data - latest interbank mid-rate, trend, chart & historic rates.

     
    1 CAD =
    0.6844We compare provider deals to this wholesale mid-market rate. Read more
    EUR
    CAD to EUR at 0.6845 is just 0.9% above its 3-month average of 0.6787, having traded in a quite stable 5.8% range from 0.6580 to 0.6964
    |
    Sell CAD   →   Buy EUR
    Track Rate

    60-DAYHIGH4d
     
    DateCAD/EURChangePeriod
    12 May 2023
    0.6693
    2.3% 2 Week
    25 Feb 2023
    0.6936
    1.3% 3 Month
    26 May 2022
    0.7293
    6.1% 1 Year
    27 May 2018
    0.6593
    3.8% 5 Year
    28 May 2013
    0.7489
    8.6% 10 Year
    31 May 2003
    0.6188
    10.6% 20 Year
    CAD/EUR historic rates & change to 26-May-2023

    What are CAD to EUR forecasts?

    The Canadian Dollar (CAD) experienced some fluctuations in recent trading sessions, mainly attributed to weaker oil prices which were counterbalanced by a rise in the US Dollar (USD). CAD is positively correlated with USD, and further direction could be provided by the release of Canadian PPI data from April. FX analysts believe that if producer prices increase, this may fuel speculation about potential tightening of monetary policy by the Bank of Canada (BoC).

    Read our full analysis of CAD to EUR forecasts.

     
    CAD to EUR flags

    How to get a good CAD to EUR exchange rate

    There are several ways to save on exchange rates when converting Canadian dollar to euro:

    1. Shop around for the best CAD/EUR exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
    2. Timing is important: Keep an eye on the CAD/EUR rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
    3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both CAD and EUR at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

    The key is reducing excessive costs and fees

    Generally speaking, if you are buying euro with Canadian dollar, then it's better for the CAD/EUR exchange rate to be higher.

    However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.

    It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

    Will the Canadian dollar rise against the Euro?

    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 CAD/EUR to your personalised BER Smart Rate Tracker to track and benefit from currency movements.

     
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    Manage My Rates

     

    Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.

    Read our Currency guide to the Eurozone - a practical currency and money guide to travel, living and doing business in the Eurozone with the euro.

     
     
     

    Canadian dollar & Euro - Country Guides

    EurozoneEurozone (EUR)Aaland IslandsAaland Islands (EUR)AndorraAndorra (EUR)
    AustriaAustria (EUR)BelgiumBelgium (EUR)CanadaCanada (CAD)
    CroatiaCroatia (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 BarthelemySaint Barthelemy (EUR)Saint MartinSaint Martin (EUR)
    Saint Pierre and MiquelonSaint Pierre and Miquelon (EUR)San MarinoSan Marino (EUR)SlovakiaSlovakia (EUR)
    SloveniaSlovenia (EUR)SpainSpain (EUR)
     

    Which Eurozone country has the cheapest cost of living?

    The cost of living varies greatly within the Eurozone, and it depends on various factors such as housing, transportation, healthcare, and taxes. However, some of the countries in the Eurozone with relatively lower cost of living include:

    • Greece: Greece has a relatively low cost of living compared to other Eurozone countries.

    • Portugal: Portugal has a lower cost of housing than in other Eurozone countries.

    • Spain: Spain also has a relatively low cost of living, particularly in the southern regions such as Andalusia and Murcia.

    • Ireland: Ireland has a relatively low cost of living, particularly in the regions outside the main cities like Dublin.

      Read more at our Eurozone (EUR) country guide

       
     
     
     

    Related exchange rates

     

    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

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