Best CAD to EUR Exchange Rates - Compare Scotiabank & Save

In this Canadian dollar to Euro guide:

1 CAD = EUR

CAD to EUR at 0.7322 is just 0.6% above its 90-day average 0.7278 with range 0.6978-0.7457.

27-MAY 6PM-NY 11PM-LON 28-MAY 6AM-HK 8AM-SYD

Sell CAD → Buy EUR

Track Rate

1 EUR = 1.3657 CAD

1-DAY▲+0.5%2d

30-DAY▼LOW3d

Into March CAD/EUR has trading above the 0.71 level (1 EUR = 1.4 CAD), this a few percent from where the rate ended 2021. The effect of Ukraine crisis on energy prices hurts the euro and helps the gas and oil exporting Canadian dollar.

CAD-EUR Forecasts

Date	CAD/EUR	Change	Period
13 May 2022	0.7441	1.5% ▼	2 Week
26 Feb 2022	0.6978	5% ▲	3 Month
27 May 2021	0.6794	7.8% ▲	1 Year
28 May 2017	0.6651	10.1% ▲	5 Year
29 May 2012	0.7813	6.2% ▼	10 Year
01 Jun 2002	0.6990	4.8% ▲	20 Year

CAD/EUR change over periods to 27-May-2022

Scotiabank - CAD to EUR - Compare & Save

The below comparison table makes it easy to calculate the Total Cost you are being charged and the possible savings of using different FX providers.

Compare Scotiabank Rates : Send C$10,000 CAD → Receive EUR

Provider	Receive EUR	CAD/EUR Rate	Cost
Scotiabank Scotiabank's profit margin is generally 4 - 8% depending on currencies and amounts. See details	10,000 CAD = 7,073 EUR 3.46% See details	0.7074	3.46%	Compared
TD Bank TD's profit margin is generally 4 - 8% depending on currencies and amounts. See details	10,000 CAD = 7,065 EUR Get €8 less 3.56% See details	0.7081	3.56%	Compare Rate
Royal Bank of Canada RBC's profit margin is generally 4 - 8% depending on currencies and amounts. See details	10,000 CAD = 7,085 EUR 3.28% See details	0.7096	3.28%	Compare Rate
OFX Online & Phone, Helpful Dealers & Support. Lock in exchange rates with Spot & Forward Deals. See details	10,000 CAD = 7,289 EUR 0.51% See details	0.7289	0.51%	Visit OFXCompare Rate BER 0.5% Special Rate
Citibank See details	10,000 CAD = 6,942 EUR Get €347 less 5.25% See details	0.695	5.25%	Compare Rate
Paypal The cost of sending money with PayPal is a fixed percentage (between 4 to 7 percent) of the amount being sent. See details	10,000 CAD = 7,018 EUR Get €271 less 4.2% See details	0.7018	4.2%	Compare Rate
HSBC See details	10,000 CAD = 7,129 EUR Get €160 less 2.69% See details	0.7143	2.69%	Compare Rate
Coast Capital Savings See details	10,000 CAD = 6,952 EUR Get €337 less 5.11% See details	0.7022	5.11%	Compare Rate
Xoom Xoom offers a fast way to send money, reload phones, and pay bills around the world. Xoom is owned by PayPal. See details	10,000 CAD = 7,101 EUR Get €188 less 3.07% See details	0.7101	3.07%	Compare Rate
Desjardins Desjardins's profit margin is generally 4 - 8% depending on currencies and amounts. See details	10,000 CAD = 7,004 EUR Get €285 less 4.39% See details	0.7015	4.39%	Compare Rate
CIBC CIBC's profit margin is generally 4 - 8% depending on currencies and amounts. See details	10,000 CAD = 6,914 EUR Get €375 less 5.62% See details	0.6914	5.62%	Compare Rate
Bank of Montreal BMO's profit margin is around 4 - 8% depending on amounts and currencies. See details	10,000 CAD = 7,018 EUR Get €271 less 4.2% See details	0.7029	4.2%	Compare Rate
SHOW ALL	10,000 CAD = 7,020 EUR Get €269 less 4.17%	0.7036	4.17%	Average Bank Rate

Cost % is Provider Rate Margin vs Mid-rate + Fees

CAD/EUR=0.7326

1-DAY▲+0.5%1d

30-DAY▼LOW2d

My Rates

Scotiabank: Transfers - Canada to Eurozone

Scotiabank: CAD to EUR - Travel & Spend

CAD/EUR Mid-rate Calculator

* This table compares FX rates & fees of selected FX specialists and banks for CAD to EUR International Money Transfers. Providers must be well established, reputable and regulated in Canada with FINTRAC. We DO NOT compare every provider in the market. We may receive referral fees if you choose one of these providers however this will not affect the savings, exchange rates or fees you are charged by the provider.

Wire Transfer Send/Receive Fees

Send money internationally as a direct deposit to your family or friends using your mobile app or online banking	$1.99^*/transfer on select accounts
Each automatic pre-arranged transfer of funds between your Scotiabank personal Canadian Dollar deposit account (debit transaction fee applies)	Free
Each manually processed pre-arranged transfer of funds between your Scotiabank personal deposit accounts (debit transaction fee applies where applicable)	$1.50
Each transfer by branch staff between your Scotiabank personal deposit account due to telephone/fax/mail request, or to cover cheques (debit transaction fee applies)	$4.50 (optional Advice $5.00)
Transferring a Scotiabank account balance to another financial institution	$20.00
Incoming Wire Transfer fees
Incoming Wire Transfer identified as a Pension Payment in the payment message	$1.50 per transfer^*
All other Incoming Wire Transfers	$15.00 CAD/USD per transfer^*

^* All fees are charged in the currency of the account.

Scotiabank FX Rates based on publicly available information available here.

Exchange rates available for foreign transfers and currency exchange always contain either a rate margin from the Latest CAD to EUR Exchange Rate (shown above) or a transaction fee and often both!

How to get a good CAD to EUR Exchange Rate

There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

Reduce Excessive costs and fees

Generally speaking, if you are buying euro with Canadian dollar, then it's good 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.

You can also read our practical guide to getting the Best Deals for your Foreign Transfers and Travel Money to the Eurozone.

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 BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

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.

Related exchange rates

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Provider	Scotiabank
FX Type	Foreign Transfer CAD→EUR
From Amount (CAD)	C$10,000
To Amount (EUR)	€7,073
Exchange Rate	1CAD = 0.7074 EUR (1EUR = 1.4136CAD)
Rate Margin	3.44%
Other Fees	C$1.99
Total Cost (Rate Margin + Fees)	3.46%
Transfer Speed	2-3 days
Rate Retrieved	2022-05-27T22:00:05+0000

Provider	TD Bank
FX Type	Foreign Transfer CAD→EUR
From Amount (CAD)	C$10,000
To Amount (EUR)	€7,065
Exchange Rate	1CAD = 0.7081 EUR (1EUR = 1.4122CAD)
Rate Margin	3.34%
Other Fees	C$22
Total Cost (Rate Margin + Fees)	3.56%
Difference	Get €8 EUR less than withScotiabank
Transfer Speed	2-3 days
Rate Retrieved	2022-05-27T22:00:05+0000

Provider	Royal Bank of Canada
FX Type	Foreign Transfer CAD→EUR
From Amount (CAD)	C$10,000
To Amount (EUR)	€7,085
Exchange Rate	1CAD = 0.7096 EUR (1EUR = 1.4092CAD)
Rate Margin	3.14%
Other Fees	C$15
Total Cost (Rate Margin + Fees)	3.28%
Transfer Speed	2-3 days
BER Rating	1/5.0
Rate Retrieved	2022-05-27T22:00:14+0000

Provider	OFX
FX Type	Foreign Transfer CAD→EUR
From Amount (CAD)	C$10,000
To Amount (EUR)	€7,289
Exchange Rate	1CAD = 0.7289 EUR (1EUR = 1.3719CAD)
Rate Margin	0.51%
Other Fees	C$0
Total Cost (Rate Margin + Fees)	0.51%
Transfer Speed	1-2 days
Rate Retrieved	22:33 Local - BER

Provider	Citibank
FX Type	Foreign Transfer CAD→EUR
From Amount (CAD)	C$10,000
To Amount (EUR)	€6,942
Exchange Rate	1CAD = 0.6950 EUR (1EUR = 1.4388CAD)
Rate Margin	5.13%
Other Fees	C$12
Total Cost (Rate Margin + Fees)	5.25%
Difference	Get €347 EUR less than withOFX
Transfer Speed	2-3 days
Rate Retrieved	22:33 Local - BER

Scotiabank CAD to EUR Exchange Rates