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Best CAD to EUR exchange rates today
Find the best rates for your Canadian dollar to euro exchange.
Get the full scope of how the Canadian dollar fares against the euro, today and in the past.
Today’s mid-market rate
Refreshing in: 60s | Tue, Jan 28, 03:25AM GMT
Buy Euro with Canadian dollar
When is the best time to buy the euro?
The price of the euro depends on sociopolitical atmosphere, interest and inflation rates, foreign trade, public debt and export to import price ratios.
How does the EUR trade against the CAD historically?
The Canadian dollar has historically traded lower than the euro — the world’s second most traded currency. Since the euro entered full circulation in 2002, 1 Canadian dollar has traded at an average of 0.6863 euro cents, with a low of 0.5800 and a high of 0.8200.
During 2014 and early 2015, Europe’s economic instability and Canada’s stable economy prompted the Canadian dollar to gain ground against the euro.
The success of the proposed Trans-Pacific Partnership trade deal, which has been successfully negotiated but is yet to be finalized, is expected to have important consequences for the Canadian economy moving forward.
CAD to EUR exchange rate history
The past can be a good indicator of the future. Below you can find the average exchange rate for the past week.
|Jan 21||Jan 22||Jan 23||Jan 24||Jan 25||Jan 26||Jan 27|
|1 CAD =||0.6900 Inverse: 1.4493||0.6857 Inverse: 1.4583||0.6890 Inverse: 1.4513||0.6899 Inverse: 1.4495||0.6899 Inverse: 1.4496||0.6892 Inverse: 1.4510||0.6881 Inverse: 1.4533|
Average exchange rate over the past 6 months.
|Aug 2019||Sep 2019||Oct 2019||Nov 2019||Dec 2019||Jan 2020|
|1 CAD =||0.6807 Inverse: 1.4691||0.6859 Inverse: 1.4580||0.6820 Inverse: 1.4662||0.6860 Inverse: 1.4576||0.6822 Inverse: 1.4659||0.6869 Inverse: 1.4558|
Average exchange rate over the past 10 years.
|1 CAD =||0.6350|
What affects CAD to EUR exchange rate?
Canada’s economy has been the driver of strong, consistent rates, though the euro has always valued higher. The US recession spread to Europe causing the European Central Bank to up the subprime rates to 1.5% — causing the EUR value to drop in comparison to the CAD. This led to the CAD’s highest ever value against the euro, peaking well above the 80-cent mark in mid 2012.
Look at the mid-market rate and the historical trends that affect the CAD to EUR exchange. Find a forex specialist that charges the least amount of fees to get the most of your exchange.
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