CAD to EUR Exchange Rates & Currency Deals

   

Recent forecasts say CAD to EUR at 0.6161 shows volatility, 1.2% below its 3-month avg. with rising oil prices offering support. However, job losses in Canada raise skepticism, while the ECB remains cautious on rate cuts. Watch oil prices & geopolitical events closely

@bestfxrates   

   

What is the best Send Money conversion rate for CAD to EUR?

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. 

How do CAD-EUR rates compare between providers?

The next best is Wise at 0.6126, -0.58% from the mid-rate.

Then XE at 0.6125, which is -0.6% from the mid-rate.

The Western Union rate is 0.61 which is -1% from the mid-rate.

Among the banks the TD Bank rate is 0.6642 at 7.8% the Scotiabank rate is 0.5911 at -4.1% and the Royal Bank of Canada rate is 0.5985 at -2.9% compared to the mid-rate 0.6162.

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.

 

Compare CAD to EUR Transfer Rates