🇪🇺 EUR to 🇨🇦 CAD — Convert Euro to Canadian Dollar
1 Euro = 1.6098 Canadian Dollar
EUR/CAD Exchange Rate History
🇪🇺 EUR to 🇨🇦 CAD Conversion Table
| Euro (EUR) | Canadian Dollar (CAD) |
|---|---|
| €1 | C$1.6098 |
| €5 | C$8.0488 |
| €10 | C$16.0976 |
| €25 | C$40.2440 |
| €50 | C$80.4881 |
| €100 | C$160.9762 |
| €500 | C$804.8809 |
| €1,000 | C$1,609.76 |
| €5,000 | C$8,048.81 |
| €10,000 | C$16,097.62 |
EUR/CAD 30-Day Market Statistics
Over the past 30 days, the Euro to Canadian Dollar exchange rate has risen by 0.5383%, moving from 1.5975 to 1.6061. It traded between a low of 1.5926 on May 4 and a high of 1.6122 on May 8, averaging 1.6021. With a high-to-low spread of 1.2234%, the pair has been very stable this month.
Frequently Asked Questions
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🇪🇺 About the Euro (EUR)
The Euro is the official currency of 20 of the 27 European Union member states, collectively known as the eurozone, and is used by over 340 million people. It is the second most held reserve currency after the US Dollar.
Issuing authority: European Central Bank (ECB), based in Frankfurt.
🇨🇦 About the Canadian Dollar (CAD)
The Canadian Dollar, nicknamed the 'loonie', is a commodity currency strongly linked to crude oil since Canada is one of the world's largest oil exporters. Its fortunes are closely tied to the neighbouring US economy.
Issuing authority: Bank of Canada.
What Moves the EUR/CAD Exchange Rate?
The EUR to CAD rate reflects the relative strength of two different economies, so it responds to developments on both sides of the pair.
Euro (EUR): ECB monetary policy, eurozone inflation and growth figures, the economic health of large members like Germany and France, and political stability across the bloc.
Canadian Dollar (CAD): Crude oil prices, Bank of Canada policy, trade with the United States, and broader commodity demand.
When demand for the Euro rises relative to the Canadian Dollar, the EUR/CAD rate increases, meaning each EUR buys more CAD. The opposite happens when the Canadian Dollar strengthens.
90-Day EUR/CAD Trend Analysis
Looking at a longer 90-day window, the Euro to Canadian Dollar rate has fallen by 0.4278%, ranging from a low of 1.5676 (Mar 8) to a high of 1.6243 (Apr 14), with an average of 1.5999. The current rate of 1.6098 sits above the 90-day average, which suggests recent strength in the Euro.
Comparing the 30-day spread of 1.2234% with the 90-day spread of 3.5440% gives a sense of whether the pair has become calmer or more turbulent recently. For larger conversions, tracking these ranges over a few weeks can help you choose a more favourable moment to exchange.
How to Convert EUR to CAD
- Enter the amount of EUR you want to convert in the converter above.
- The equivalent in CAD is calculated automatically using the latest rate.
- Use the swap button to reverse the conversion (CAD to EUR).
- Check the chart and 30-day statistics above before large conversions.
The rate shown here is the mid-market rate — the midpoint between buy and sell prices on global markets. It is the fairest benchmark for comparing what banks and transfer services actually charge.
Best Ways to Exchange EUR to CAD
Getting a rate close to the mid-market rate above can save you money, especially on larger Euro to Canadian Dollar amounts. Here are common options ranked by typical value:
| Method | Typical Fee | Speed | Best For |
|---|---|---|---|
| Wise | 0.3-0.6% | 1-2 days | International transfers |
| Revolut | 0-1% | Instant | Travel spending |
| Bank Transfer | 3-5% | 2-5 days | Large amounts |
| Airport Exchange | 7-12% | Instant | Last resort |
Tip: Always compare the rate you're offered against the mid-market rate shown above — the difference is the hidden markup. Banks often embed a 3-5% markup even in "commission-free" offers.
Rates are indicative mid-market rates for informational purposes only and do not constitute financial advice. See our Terms of Service.