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Understanding the Table:
The comparison table above helps you see the total cost of your Wise 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’.
The average EUR rate margin offered by Wise is 0.95%.
This average is based on individual EUR 10K transfer rates in the currency pairs from Wise that we monitor.
The tables below show the best and worst exchange rate margins offered by Wise for Euro (EUR 10K) transactions. Margins show the percentage difference from the mid-market rate.
Euro (EUR) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias: The EUR/CAD exchange rate is currently bearish-to-range-bound, sitting below the 90-day average and within the lower half of its 3-month trading range.
Bias: Range-bound, as the euro is near its 90-day average and within the middle of the 3-month range.
Bias: The USD/CAD pair is currently range-bound, as it hovers near the 90-day average and remains within the middle of its 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 Wise EUR to CAD exchange rate is 1.6066. This is -0.56% compared to the latest EUR-CAD mid-market rate 1.6157.
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 Wise - Euro to Loonie comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Wise 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 1.6109, -0.3% from the latest mid-market rate 1.6157.
The next best is Wise at 1.6066, -0.56% from the mid-rate.
Then XE at 1.606, which is -0.6% from the mid-rate.
The Western Union rate is 1.5996 which is -1% 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 like Wise 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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