EUR to CAD exchange rate
Mid-market EUR/CAD — the rate banks trade with each other, before anyone adds a margin. Use it as the benchmark for any quote you are given, including ours.
EUR to CAD at a glance
Converted at the mid-market rate above. A bank pricing the same amounts would typically build in 3–4%, which is the gap a specialist desk closes.
| Euro | Canadian Dollar |
|---|---|
| €100.00 | C$160.38 |
| €250.00 | C$400.96 |
| €500.00 | C$801.92 |
| €1,000.00 | C$1,603.83 |
| €2,500.00 | C$4,009.58 |
| €5,000.00 | C$8,019.15 |
| €10,000.00 | C$16,038.31 |
| €25,000.00 | C$40,095.76 |
| €50,000.00 | C$80,191.53 |
| €100,000.00 | C$160,383.06 |
What moves the EUR/CAD rate
The EUR leg
The euro takes its direction from ECB policy and the growth gap between the euro area's largest economies, with peripheral bond spreads as a stress signal.
The CAD leg
The Canadian dollar moves with crude oil and, more than any other major, with the US economy — USD/CAD is often the cleanest expression of that relationship.
Delivering CAD
CAD settles by EFT, with larger values routed over Lynx the same business day; FINTRAC reporting applies to international transfers.
EUR/CAD questions
What is the EUR/CAD exchange rate today?+
The mid-market EUR/CAD rate is 1.6038, meaning 1 EUR buys 1.6038 CAD. This is the rate banks quote each other, before any margin is added — it is the number to compare any quote against.
Why is the rate I am offered lower than the EUR/CAD mid-market rate?+
EUR/CAD is one of the most liquid pairs in the market, so the underlying spread a provider pays is tiny. Almost every provider still adds a margin to the mid-market rate instead of charging a visible fee, which means the exchange rate itself is the cost — and on a pair this liquid, a rate 3-4% off mid-market is a pricing decision rather than a cost of trading.
How long does a payment in CAD take to arrive?+
CAD settles by EFT, with larger values routed over Lynx the same business day; FINTRAC reporting applies to international transfers.
Can I fix a EUR/CAD rate for a future payment?+
Yes. A forward contract fixes today's rate for settlement up to 24 months ahead, which removes the risk of the rate moving between agreeing a price and paying it. That is common on property purchases and scheduled supplier payments.
Other EUR rates
More on each currency: Euro · Canadian Dollar · All live rates
Get a quote
Tell us what you're moving and a specialist will come back with a live rate and next steps — usually within one business hour.