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Best EUR to CAD Exchange Rates Compared Live

The best EUR to CAD exchange rate is 1.4726. Compare foreign transfer and currency exchange rates, find better rates & deals.

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Comparing EUR-CAD exchange rates

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

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

Euro to Canadian dollar (EURCAD) rate guide contents:

 
@bestfxrates : Mixed outlook for EURCAD as Euro faces pressure from dovish ECB and mixed PMI data. German Ifo may offer support but Eurozone concerns loom. CAD affected by Fed rates, weak data & oil prices. Despite CIBC's USD/CAD view, CAD optimism remains for 2025. Watch for volatility amid key economic developments. #EURCAD #ForexUpdate #CurrencyTrading

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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.

 
 

EUR to CAD Market Data

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

 
1 EUR =
1.4726We compare provider deals to this wholesale mid-market rate. Read more
CAD
-0.0%
๐Ÿ“ˆ1M
EUR to CAD is at 30-day highs near 1.4711, just 0.6% above its 3-month average of 1.4617, having traded in a stable 1.7% range from 1.4491 to 1.4736
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Sell EUR   โ†’   Buy CAD
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DateEUR/CADChangePeriod
16 Feb 2024
1.4537
1.1% โ–ฒ2 Week
02 Dec 2023
1.4697
0% โ–ผ3 Month
02 Mar 2023
1.4412
2% โ–ฒ1 Year
03 Mar 2019
1.5113
2.8% โ–ผ5 Year
04 Mar 2014
1.5238
3.6% โ–ผ10 Year
06 Mar 2004
1.6316
9.9% โ–ผ20 Year
EUR/CAD historic rates & change to 01-Mar-2024
 

What are equivalent amounts of EUR and CAD?

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

EUR CAD
€ 1 C$ 1.4726
€ 5 C$ 7.3630
€ 10 C$ 14.73
€ 20 C$ 29.45
€ 50 C$ 73.63
€ 100 C$ 147.26
€ 250 C$ 368.15
€ 500 C$ 736.30
€ 1,000 C$ 1,473
€ 2,000 C$ 2,945
€ 5,000 C$ 7,363
€ 10,000 C$ 14,726
€ 20,000 C$ 29,452
€ 50,000 C$ 73,630
€ 100,000 C$ 147,260
EUR CAD
0.6791 C$ 1
3.3955 C$ 5
6.7910 C$ 10
13.58 C$ 20
33.96 C$ 50
67.91 C$ 100
169.78 C$ 250
339.55 C$ 500
679.10 C$ 1,000
1,358 C$ 2,000
3,396 C$ 5,000
6,791 C$ 10,000
13,582 C$ 20,000
33,955 C$ 50,000
67,910 C$ 100,000

More amounts

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

 
 

Forecasts for EUR to CAD

 

Recent forecasts and market updates suggest a mixed outlook for the EUR to CAD exchange rate. The Euro (EUR) has been under pressure due to mixed PMI data and dovish signals from the European Central Bank, potentially leading to interest rate cuts. Despite expectations for an improvement in the German Ifo business climate index, concerns over Eurozone economic performance and potential recession may continue to weigh on the EUR. The currency may face challenges ahead, with some analysts cautioning that the recent rally in the EUR may revert lower in the coming months.

Read our full review of recent EUR to CAD forecasts.

 

How to get a good EUR to CAD exchange rate

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

  1. Shop around for the best EUR/CAD 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 EUR/CAD 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 EUR and CAD 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 Canadian dollar with Euro, then it's better for the EUR/CAD 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 Euro rise against the Canadian dollar?

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 EUR/CAD 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; Up๐Ÿ“ˆ or Down๐Ÿ“‰ 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 Canada - a practical currency and money guide to travel, living and doing business in Canada with the Canadian dollar.

 
 
 

Country Currency Guides

EurozoneEurozone (EUR)CanadaCanada (CAD)
 

Here are a few things to consider when sending money to Canada:

  1. Fees: Different banks and money transfer services charge different fees for international money transfers. Shop around to find the best deal and compare the fees charged by different providers.

  2. Exchange rate: The exchange rate is the rate at which one currency is converted into another. Keep an eye on the exchange rate when sending money to Canada, as it can fluctuate and impact the amount of money you receive.

  3. Transfer speed: Some money transfer providers offer faster transfer speeds than others. If you need the money to arrive in Canada quickly, consider a provider that offers expedited transfer speeds for an additional fee.

    Read more at our Canada (CAD) 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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