The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
CAD to EUR Market Data
Canadian dollar (CAD) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias
Range-bound; CAD/EUR sits around its 90-day average and in the upper portion of the 3-month range.
Key drivers
- Rate gap: BoC policy rate sits near the ECB's neutral stance, offering only a modest yield edge for CAD versus EUR, which keeps big moves in check.
- Risk/commodities: Oil remains above its long-run average with volatility; higher oil supports CAD via Canada's commodity-linked strength, while the euro is less tied to energy swings.
- Macro factor: US trade policy tensions persist, with tariffs on Canadian steel, aluminum and autos weighing on CAD by denting export momentum.
Range
CAD/EUR is likely to drift within the 3-month range, leaning toward the upper end as risk appetite improves, but not breaking established boundaries.
What could change it
- Upside risk: oil price gains extend and the CAD benefits from stronger global demand.
- Downside risk: renewed protectionism or weaker Canadian data undermine the rate gap and the CAD
@bestfxrates
CAD to EUR Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Canadian dollar are worth in Euro across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
What is the
best Send Money conversion rate for CAD to EUR?
The best CAD to EUR exchange rate is 0.6167 from OFX . This is -0.5% compared to the mid-market rate 0.6198.
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?
Looking at the full
CAD to EUR - Send Money comparison table the provider with the best CAD to EUR exchange rate is OFX at 0.6167, -0.5% from the latest mid-market rate 0.6198.
The next best is XE at 0.6161, -0.6% from the mid-rate.
Then Wise at 0.616, which is -0.61% from the mid-rate.
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.