Understanding the Table:
The comparison table above helps you see the total cost of your Scotiabank 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’.
Euro (EUR) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias: The outlook for EUR/CAD is range-bound, as the pair is currently just below the 90-day average and within a stable 1.
Bias: The outlook for EUR/USD is range-bound, as the pair is currently below the 90-day average and in the lower half of the 3-month range.
Bias: The USD/CAD pair is bullish-to-range-bound, currently above the 90-day average and in the upper half of the 3-month range.
To help you understand the real-world value of the current exchange rate, the table below shows how much Euro are worth in Canadian dollar across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
*Converted at the current EUR-CAD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Scotiabank EUR to CAD exchange rate is 1.5138. This is -6.3% compared to the latest EUR-CAD mid-market rate 1.6160.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Euro (EUR) to Canadian dollar (CAD) rates from different sources before making a conversion.
The above Scotiabank - Euro to Loonie comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Scotiabank and other foreign exchange providers against the latest EUR-CAD mid-rate and the possible savings of using various providers.
Looking at the full EUR to CAD - Send Money comparison table the provider with the best EUR to CAD exchange rate is OFX at 1.6112, -0.3% from the latest mid-market rate 1.6160.
The next best is XE at 1.6063, -0.6% from the mid-rate.
Then Wise at 1.6054, which is -0.66% from the mid-rate.
The Western Union rate is 1.5998 which is -1% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Scotiabank 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:
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