The comparison table above helps you see the total cost of your CIBC 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’.
Compare CIBC Exchange Rates & Fees - Save Time & Money
Our CIBC CAD 1000 to EUR rate is 0.5687. This is -8.3% below the mid-rate.
CAD to EUR Market Data
Canadian dollar (CAD) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
CAD/USD Outlook: The Canadian dollar is likely to increase, as it is trading significantly above its recent average and near recent highs, supported by rising oil prices.
USD/EUR Outlook: Bearish, as the USD is significantly below its recent average and near its recent lows, driven by ongoing uncertainties in US fiscal and monetary policies.
CAD/EUR update: Slightly positive but expected to move sideways, sitting above recent averages with mixed market signals. Key drivers include stable BoC rates vs steady ECB rates, and strong oil prices supporting CAD. Range likely to hold steady unless Eurozone GDP disappoints
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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
CIBC Send Money conversion rate for CAD to EUR?
The CIBC CAD to EUR exchange rate is 0.5687. This is -8.3% compared to the latest CAD-EUR mid-market rate 0.6203.
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
CIBC - Loonie to Euro comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
CIBC and other foreign exchange providers against the latest CAD-EUR mid-rate and the possible savings of using various providers.
How do CIBC 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 0.6172, -0.5% from the latest mid-market rate 0.6203.
The next best is XE at 0.6166, -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like CIBC 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.
View a full list of exchange rates by selecting your Base (from) currency: