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    Best EUR to CAD Exchange Rates Compared Live

    The best EUR to CAD exchange rate is 1.4602. We compare conversion costs to this mid-market rate and other FX providers, find better rates & deals.

    Euro to Canadian dollar (EURCAD) rate guide contents:

    Compare 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.

    This 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 and the possible savings of using another provider.


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    @bestfxrates : ๐Ÿ“ˆEUR to CAD rate volatile as ECB holds rates & #BoC rate cut bets rise amid cooling inflation. A stable 3.1% range for now, but oil price swings could influence CAD ahead. Key factors: EU economic data, ECB & BoC decisions. Stay alert on market shifts for savvy currency moves. #ForexUpdate #EURCAD #CurrencyTrading

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    EUR to CAD Market Data

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

    1 EUR =
    1.4602We compare provider deals to this wholesale mid-market rate. Read more
    EUR to CAD is at 14-day highs near 1.4618, near its 3-month average, having traded in a very stable 3.1% range from 1.4491 to 1.4937
    Sell EUR   โ†’   Buy CAD
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    07 Feb 2024
    0.8% โ–ฒ2 Week
    23 Nov 2023
    2.1% โ–ผ3 Month
    21 Feb 2023
    1.4% โ–ฒ1 Year
    22 Feb 2019
    1.9% โ–ผ5 Year
    23 Feb 2014
    4.2% โ–ผ10 Year
    26 Feb 2004
    12.4% โ–ผ20 Year
    EUR/CAD historic rates & change to 21-Feb-2024

    Forecasts for EUR to CAD


    The EUR to CAD exchange rate has seen some fluctuations recently, with the Euro being supported by fading expectations of ECB rate cuts while the Canadian Dollar has been impacted by cooling inflation data and potential rate cut bets from the Bank of Canada. FX analysts are closely monitoring the Eurozone's economic concerns and the European Central Bank's policy decisions, which could influence the Euro's performance against the Canadian Dollar. Despite the recent stability in the EUR to CAD pair trading within a 3.1% range, the outlook for both currencies remains uncertain as various factors like economic data releases, central bank decisions, and global oil prices continue to impact their exchange rates.

    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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