Understanding the Table:
The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Canadian dollar (CAD) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
CAD/EUR Outlook: Slightly positive, but likely to move sideways as the rate hovers around its 90-day average and is impacted by mixed drivers.
CAD/USD Outlook: Likely to increase, supported by CAD trading above its recent average and near recent highs.
USD/EUR Outlook: Bearish, as the rate is below its recent average and near recent lows, driven by ongoing USD weakness and uncertainty.
To help you understand the real-world value of the current exchange rate, the table below shows how much Canadian dollar are worth in Euro across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
*Converted at the current CAD-EUR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best CAD to EUR exchange rate is 0.6149 from OFX . This is -0.49% compared to the mid-market rate 0.6179.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Canadian dollar (CAD) to Euro (EUR) rates from different sources before making a conversion.
The above Loonie to Euro comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest CAD-EUR mid-rate and the possible savings of using various providers.
Looking at the full CAD to EUR - Send Money comparison table the provider with the best CAD to EUR exchange rate is OFX at 0.6149, -0.49% from the latest mid-market rate 0.6179.
The next best is XE at 0.6142, -0.6% from the mid-rate.
Then Wise at 0.614, which is -0.63% from the mid-rate.
The Western Union rate is 0.6118 which is -0.99% from the mid-rate.
Among the banks the TD Bank rate is 0.5781 at -6.4% the Scotiabank rate is 0.5993 at -3% and the Royal Bank of Canada rate is 0.6006 at -2.8% compared to the mid-rate 0.6179.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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