The Desjardins CAD to EUR rate is 0.6096. This is -4% below the mid-rate. Compare Desjardins currency conversion rates - Reduce FX costs.
The Desjardins CAD to EUR exchange rate is 0.6096. This is -4% compared to the latest CAD-EUR mid-market rate 0.6348.
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.
Looking at our comparison table the best CAD to EUR exchange rate is 0.6316 from OFX, -0.5% from the mid-market rate 0.6348. The next best rate is 0.631 from XE, -0.6% from the mid-rate. Then Wise with 0.6304 is -0.69% from the mid-rate.
The Western Union rate is 0.6285 which is -0.99% from the mid-rate.
Among the banks, the TD Bank rate is 0.6642 at 4.6%, the Scotiabank rate is 0.6133 at -3.4%, and the Royal Bank of Canada rate is 0.6155 at -3% compared to the mid-rate 0.6348.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Desjardins 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.
The Desjardins Loonie to Euro comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Desjardins and other foreign exchange providers against the latest CAD-EUR mid-rate (see Market Data below ) and the possible savings of using various providers.
Canadian dollar (CAD) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | CAD/EUR | Change | Period |
|---|---|---|---|
11 Apr 2025 | 0.6354 | 0.1% ▲ | 2 Week |
25 Jan 2025 | 0.6637 | 4.2% ▼ | 3 Month |
25 Apr 2024 | 0.6825 | 6.8% ▼ | 1 Year |
26 Apr 2020 | 0.6549 | 2.9% ▼ | 5 Year |
28 Apr 2015 | 0.7559 | 15.9% ▼ | 10 Year |
30 Apr 2005 | 0.6174 | 3% ▲ | 20 Year |
Here are some popular conversion amounts for CAD to EUR (Canadian dollar to Euro)*.
*Converted at the current CADEUR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The CAD to EUR exchange rate is currently at 0.6348, which is 2.7% below its three-month average of 0.6523. This depreciation of the Canadian dollar (CAD) is being largely influenced by declining oil prices, a crucial driver for one of the world's most traded currencies. Analysts have noted that the CAD has been under pressure, with oil prices recently trading at USD 66.55, approximately 7.4% below the three-month average of USD 71.87. The CAD typically moves in tandem with oil prices due to Canada's status as a major oil exporter; therefore, lower oil prices can lead to decreased demand for Canadian exports and, subsequently, a weaker CAD.
Read our full review of recent CAD to EUR forecasts.
There are several ways to save on exchange rates when converting Canadian dollar to Euro:
Generally speaking, if you are buying Euro with Canadian dollar, then it's better 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.
Read our Currency guide to the Eurozone — a practical currency and money guide to travel in the Eurozone plus living and doing business with the Euro.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
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 personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
The cost of living varies greatly within the Eurozone, and it depends on various factors such as housing, transportation, healthcare, and taxes. However, some of the countries in the Eurozone with relatively lower cost of living include:
Greece: Greece has a relatively low cost of living compared to other Eurozone countries.
Portugal: Portugal has a lower cost of housing than in other Eurozone countries.
Spain: Spain also has a relatively low cost of living, particularly in the southern regions such as Andalusia and Murcia.
Ireland: Ireland has a relatively low cost of living, particularly in the regions outside the main cities like Dublin.
Read more at our Eurozone (EUR) country guide
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Further reading on the Euro (EUR) - Guides, Reviews & News from our research team.
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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