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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 | Sat, Oct 19, 11:50AM 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.
|Oct 12||Oct 13||Oct 14||Oct 15||Oct 16||Oct 17||Oct 18|
|1 CAD =||0.6862 Inverse: 1.4572||0.6868 Inverse: 1.4560||0.6857 Inverse: 1.4584||0.6863 Inverse: 1.4570||0.6839 Inverse: 1.4622||0.6843 Inverse: 1.4614||0.6820 Inverse: 1.4662|
Average exchange rate over the past 6 months.
|May 20||Jun 14||Jul 09||Aug 03||Aug 28||Sep 22|
|1 CAD =||0.6669 Inverse: 1.4995||0.6631 Inverse: 1.5081||0.6799 Inverse: 1.4709||0.6800 Inverse: 1.4705||0.6779 Inverse: 1.4752||0.6840 Inverse: 1.4620|
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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