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EUR to CAD - Exchange Rates Guide

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

 
 

EUR/CAD exchange rate (wholesale):

1 EUR = 1.5320 CAD

Sell EUR / Buy CAD 

 
EUR to CAD chart and trends
1-DAY0.6% (1d) 14-DAY-LO (7d)
EUR/CAD at 1.5318 was trading near AVG:1.528 with LO:1.5093 and HI:1.5659 (90 days). There are no current rate alerts.

Euro to Canadian Dollar - Quick Conversions

EUR CAD
€ 1 C$ 1.5320
€ 5 C$ 7.6600
€ 10 C$ 15.32
€ 20 C$ 30.64
€ 50 C$ 76.60
€ 100 C$ 153.20
€ 250 C$ 383.00
€ 500 C$ 766.00
€ 1,000 C$ 1,532
€ 2,000 C$ 3,064
€ 5,000 C$ 7,660
€ 10,000 C$ 15,320
€ 50,000 C$ 76,600
€ 100,000 C$ 153,200
More amounts
EUR CAD
0.6527 C$ 1
3.2635 C$ 5
6.5270 C$ 10
13.05 C$ 20
32.64 C$ 50
65.27 C$ 100
163.18 C$ 250
326.35 C$ 500
652.70 C$ 1,000
1,305 C$ 2,000
3,264 C$ 5,000
6,527 C$ 10,000
32,635 C$ 50,000
65,270 C$ 100,000
More amounts

To calculate other EUR/CAD amounts try our home-page Convert EUR to CAD quick converter.


Comparing Retail Exchange Rates

The total cost for 'Retail' exchange rates you receive from your bank or foreign exchange provider consists of the 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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Canadian Dollar (CAD) Country Guides

CanadaCanada (CAD)

EURCAD blended flags

Euro and Canadian Dollar Forecasts

When determining the best time to make a foreign exchange transaction, in this case the EUR vs CAD, you should pay attention to the recent market trends for both currencies.

Euro (EUR)

EUR will fall to 0.80 against the British pound according to Standard Bank. The coronavirus pandemic has replaced Brexit in the headlines and means that the deadline for a trade deal with the Eurozone this year could either be pushed back, delaying a risk for the currency, or see more favorable terms given to the U.K.

Rabobank told Bloomberg TV in early April that they see the Euro holding its value in an otherwise difficult virus affected year for most currencies.

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 up towards the average rate for the year of US1.12, perhaps due to the less uncertainty around Brexit.

Read more in the article EUR Forecasts.

 

Canadian Dollar (CAD)

Growing fears of the coronavirus outbreak has moved the market into safer currencies such as the USD and away from AUD, NZD and CAD.

The threat of proxy war between the US and Iran in Iraq also pared back some of the gains the Loonie had made coming into the New Year.

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.

The USMCA was signed by the United States, Mexico and Canadian on November 30 at the G20 Summit in Buenos Aires. Any delay to Canadian ratification of the USMCA trade deal would have likely depressed sentiment on Canada’s currency.

Read more in the article CAD Forecasts.

How to get Best EUR to CAD 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.

 

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 rateChangePeriod
01 Jul 2020 : 1.52940.1% ▲1 Week
08 Jun 2020 : 1.51151.3% ▲30 Days
09 Apr 2020 : 1.52820.2% ▲90 Days
09 Jul 2019 : 1.47094.1% ▲1 Year
10 Jul 2015 : 1.41378.3% ▲5 Years
11 Jul 2010 : 1.306517.2% ▲10 Years
EUR/CAD 10 year historic rates & changes to 08-Jul-2020 : 1.5310
 

When is the best time to exchange EUR to CAD?

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