Compare EUR to CAD Exchange Rates
When sending or spending money abroad you should always check the total cost of the exchange rate and fees offered by your bank or FX provider. Exchange rates for foreign transfers and currency exchange always contain a margin from the wholesale EUR/CAD rate (see above) plus additional fixed or percentage fees, but these costs can be hard to calculate.
The below comparison table makes it easy to calculate how much you are being charged for Transfers and Currency Exchange and the possible savings of using another FX provider.
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Euro to Canadian dollar - Recent Trend
EUR - CAD - Forecasts & News
The CAD/EUR rate has steadily increased (up around 7) since it’s lows around 0.63 in August last year. CAD-EUR Forecasts
In 2021 the Canadian dollar has risen as a global economic recovery takes hold, with larger gains if the Bank of Canada is seen to be preparing to reduce monetary stimulus, economists say. CAD Forecasts
The topside of the EUR/USD is now limited to 1.2000 and the risk is for a move to the next support at 1.1700. EUR Forecasts
Country Guides - Canadian dollar
 Canada (CAD) |
How to get Good EUR to CAD Exchange Rates
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
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.
EUR to CAD - Quick Amounts
More euro Rates & Trends
EUR to USD
EUR to USD at 1.1927 is 0.9% below its 90-day average, range 1.1718-1.2250. EUR/USD Rates
EUR to AUD
EUR to AUD at 1.5809 has risen 1.1% above its 90-day average, range 1.5415-1.5866. EUR/AUD Rates
EUR to GBP
EUR to GBP at 0.8555 is 0.7% below its 90-day average, range 0.8493-0.8717. EUR/GBP Rates
EUR to INR
EUR to INR at 88.68 is near its 90-day average, range 85.45-90.81. EUR/INR Rates
What is a good EUR to CAD exchange rate?
This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the euro vs Canadian dollar current value is to look the EUR/CAD historic rate and change over a range of periods.
The following table looks at the change in the EUR to CAD exchange rate over periods from the previous week back to the last 10 years.
| EUR/CAD | Change | Period |
|---|---|---|
| 15 Jun 2021 → 1.4776 | 0.5% ▼ | 1 Week |
| 23 May 2021 → 1.4703 | 0.1% ▼ | 30 Days |
| 24 Mar 2021 → 1.4860 | 1.1% ▼ | 90 Days |
| 22 Jun 2020 → 1.5230 | 3.5% ▼ | 1 Year |
| 23 Jun 2016 → 1.4544 | 1% ▲ | 5 Years |
| 25 Jun 2011 → 1.3994 | 5% ▲ | 10 Years |
EUR/CAD rate change to 22-Jun-2021 → 1.4695
Will the Euro rise against the Canadian dollar?
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 EUR/CAD to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.
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.
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