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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 | Sun, Aug 25, 04:34AM GMT
Buy Euro with Canadian dollar
The exchange rates in the table are not locked in. Confirm your final rate on the provider’s site before completing any transaction.
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.
|Aug 18||Aug 19||Aug 20||Aug 21||Aug 22||Aug 23||Aug 24|
|1 CAD =||0.6795 Inverse: 1.4718||0.6770 Inverse: 1.4772||0.6766 Inverse: 1.4780||0.6785 Inverse: 1.4739||0.6786 Inverse: 1.4737||0.6690 Inverse: 1.4947||0.6684 Inverse: 1.4961|
Average exchange rate over the past 6 months.
|Mar 25||Apr 20||May 16||Jun 11||Jul 07||Aug 02|
|1 CAD =||0.6598 Inverse: 1.5156||0.6636 Inverse: 1.5068||0.6648 Inverse: 1.5043||0.6646 Inverse: 1.5047||0.6810 Inverse: 1.4684||0.6800 Inverse: 1.4705|
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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