CAD to EUR Exchange Rates & Currency Deals

   

CAD to EUR hits new lows at 0.6168, down 1.3% from its 3-month avg due to rising Canadian unemployment & falling oil prices, a key factor for the CAD. Meanwhile, the EUR faces challenges with a 2.9% drop in German factory orders. Analysts warn of volatility ahead

@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 XE at 0.6128, -0.6% from the mid-rate.

Then Wise at 0.6128, which is -0.6% from the mid-rate.

The Western Union rate is 0.6103 which is -1% from the mid-rate.

Among the banks the TD Bank rate is 0.6642 at 7.7% the Scotiabank rate is 0.5917 at -4% and the Royal Bank of Canada rate is 0.5985 at -2.9% compared to the mid-rate 0.6165.

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