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Scotiabank CAD to EUR Exchange Rates Compared Live

The best CAD to EUR exchange rate is 0.6784. Compare Scotiabank foreign transfer and currency exchange rates, find better rates & deals.

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Scotiabank - Comparing CAD-EUR exchange rates

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Canadian dollar (CAD) to Euro (EUR) rates from different sources before making a conversion.

The above Scotiabank Loonie to Euro comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest CAD-EUR mid-rate (see below) and the possible savings of using another provider.

Scotiabank Canadian dollar to Euro (CADEUR) rate guide contents:

 

Scotiabank at a glance

Scotiabank is a Canadian multinational bank and a leading financial institution in North and South America. The bank offers a wide range of financial products and services to individuals, businesses, and institutions, including banking, investment, and insurance services.

One of the financial products offered by Scotiabank is wire transfers. Wire transfers are a secure and fast way to transfer funds between banks in different countries. With Scotiabank wire transfers, you can send money to over 100 countries in a variety of currencies.

When you get a quote for your Wire Transfer from Scotiabank on their website or in-app, you can also see the Scotiabank exchange rate, but it can be difficult to then calculate how much markup from the market rate you are being charged.

Our research shows that on average, Scotiabank profit margin for foreign exchange rates is somewhere between 3 - 8%, depending on the amount you're sending, where you're sending it to and which currency will be received.

While all banks in Canada charge this markup, the extra amount being charged is much higher than it would be with a global money transfer specialist.

 
 
@bestfxrates : CAD struggles against EUR, trading at 0.6815, below 3-mo avg, as weak retail sales and USD strength offset oil gains. Market view sees CAD range-bound between US$0.73-0.75. EUR's fate hinges on ECB policy amidst mixed eco data. Eyes on EC policies & oil for next CAD/EUR moves. #FXMarket #CADEUR2024

Multi-Vendor Quote

We can help you get an even better deal when sending a Large International Money Transfer.

Click below for the Request Quotes form and enter your transfer details (BER account required).

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Save time and money - fewer websites to visit and you get a much better exchange rate & service.

 
 

CAD to EUR Market Data

Canadian dollar (CAD) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.

 
1 CAD =
0.6784We compare provider deals to this wholesale mid-market rate. Read more
EUR
+0.0%
πŸ“‰1M
CAD to EUR is at 30-day lows near 0.6798, just 0.6% below its 3-month average of 0.6841, having traded in a stable 1.7% range from 0.6786 to 0.6901
|
Sell CAD   β†’   Buy EUR
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DateCAD/EURChangePeriod
16 Feb 2024
0.6879
1.1% β–Ό2 Week
02 Dec 2023
0.6804
0% β–²3 Month
02 Mar 2023
0.6939
1.9% β–Ό1 Year
03 Mar 2019
0.6617
2.8% β–²5 Year
04 Mar 2014
0.6563
3.7% β–²10 Year
06 Mar 2004
0.6129
11% β–²20 Year
CAD/EUR historic rates & change to 01-Mar-2024
 

What are equivalent amounts of CAD and EUR?

Here are some popular conversion amounts for CAD to EUR (Canadian dollar to Euro)*.

CAD EUR
C$ 1 0.6784
C$ 5 3.3920
C$ 10 6.7840
C$ 20 13.57
C$ 50 33.92
C$ 100 67.84
C$ 250 169.60
C$ 500 339.20
C$ 1,000 678.40
C$ 2,000 1,357
C$ 5,000 3,392
C$ 10,000 6,784
C$ 20,000 13,568
C$ 50,000 33,920
C$ 100,000 67,840
CAD EUR
C$ 1.4740 € 1
C$ 7.3700 € 5
C$ 14.74 € 10
C$ 29.48 € 20
C$ 73.70 € 50
C$ 147.40 € 100
C$ 368.50 € 250
C$ 737.00 € 500
C$ 1,474 € 1,000
C$ 2,948 € 2,000
C$ 7,370 € 5,000
C$ 14,740 € 10,000
C$ 29,480 € 20,000
C$ 73,700 € 50,000
C$ 147,400 € 100,000

More amounts

*Converted at the current CADEUR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for CAD to EUR

 

The Canadian Dollar (CAD) has been trading listlessly against the Euro (EUR) as retail sales fell short of forecasts, affecting the 'Loonie's performance. The CAD's movement has been heavily influenced by oil prices, with analysts pointing to a light data calendar and shifting Federal Reserve interest rate expectations impacting the currency's trajectory. Despite oil price gains, weak domestic data, and USD strength, the CAD struggled in January, relinquishing December's gains. Analysts suggest that the CAD may continue to be range-bound in the upcoming weeks, oscillating between US$0.73 and US$0.75, primarily driven by implied monetary policy expectations.

Read our full review of recent CAD to EUR forecasts.

 

How to get a good CAD to EUR exchange rate

There are several ways to save on exchange rates when converting Canadian dollar to Euro:

  1. Shop around for the best CAD/EUR exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
  2. Timing is important: Keep an eye on the CAD/EUR rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
  3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
  4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both CAD and EUR at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
  5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

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.

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.

Will the Canadian dollar rise against the Euro?

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.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Keep track of currency Trends; UpπŸ“ˆ or DownπŸ“‰ trends over periods from 1 week (1W) to 3 months (3M).

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


 

Read our Currency guide to the Eurozone - a practical currency and money guide to travel, living and doing business in the Eurozone with the Euro.

 
 
 

Country Currency Guides

EurozoneEurozone (EUR)Aaland IslandsAaland Islands (EUR)AndorraAndorra (EUR)
AustriaAustria (EUR)BelgiumBelgium (EUR)CanadaCanada (CAD)
CroatiaCroatia (EUR)CyprusCyprus (EUR)EstoniaEstonia (EUR)
FinlandFinland (EUR)FranceFrance (EUR)French GuineaFrench Guinea (EUR)
French Southern TerritoriesFrench Southern Territories (EUR)GermanyGermany (EUR)GreeceGreece (EUR)
GuadeloupeGuadeloupe (EUR)Vatican CityVatican City (EUR)IrelandIreland (EUR)
ItalyItaly (EUR)LuxembourgLuxembourg (EUR)MaltaMalta (EUR)
MartiniqueMartinique (EUR)MayotteMayotte (EUR)MonacoMonaco (EUR)
MontenegroMontenegro (EUR)NetherlandsNetherlands (EUR)PortugalPortugal (EUR)
ReunionReunion (EUR)Saint BarthelemySaint Barthelemy (EUR)Saint MartinSaint Martin (EUR)
Saint Pierre and MiquelonSaint Pierre and Miquelon (EUR)San MarinoSan Marino (EUR)SlovakiaSlovakia (EUR)
SloveniaSlovenia (EUR)SpainSpain (EUR)
 

Which Eurozone country has the cheapest cost of living?

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

   
 
 

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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