Access comprehensive historical exchange rates for Eur To Cad, detailing daily, monthly, and yearly fluctuations over the past two decades.
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Understanding the historical exchange rates between the Euro (EUR) and the Canadian Dollar (CAD) is crucial for businesses, travelers, and anyone involved in international transactions. Monitoring these trends can provide valuable insights for financial planning, investment strategies, and managing currency risks. Below, you can explore a snapshot of recent EUR to CAD exchange rates and delve into the factors that influence these fluctuations.
EUR to CAD Historical Rates
| Date | 1 EUR= |
|---|---|
| Average | 1.49469 |
| October 31, 2024 | 1.499178 |
| November 30, 2024 | 1.484028 |
| December 31, 2024 | 1.493522 |
| January 31, 2025 | 1.491341 |
| February 28, 2025 | 1.489444 |
| March 5, 2025 | 1.510625 |
This table presents a recent history of the EUR to CAD exchange rate, showing the value of 1 Euro in Canadian Dollars over specific dates. Analyzing this data, alongside longer-term historical trends, can help identify patterns and inform decisions related to currency exchange.
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EUR Currency Snapshot
- Currency Name: Euro
- Currency Code: EUR
- Currency Symbol: €
- Central Bank: European Central Bank (ECB)
- Central Bank Website: https://www.ecb.europa.eu/careers/vacancies/html/index.en.html
- Reserve Currency Status: Euro is recognized as a reserve currency.
- Safe Haven Status: Euro is not typically considered a safe haven currency.
- Countries of Use: Predominantly used across 19 member states of the European Union, including Germany, France, Italy, and Spain, among others.
- Major Unit: Euro
- Minor Unit: Cent
- Cents per Euro: 100
- Note Denominations: €5, €10, €20, €50, €100, €200, €500 (though €500 note issuance is being phased out)
- Coin Denominations: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2
The euro, symbolized as € and with the currency code EUR, is a major global currency. As the official currency for a significant portion of the European Union, it plays a vital role in international trade and finance.
CAD Currency Snapshot
- Currency Name: Canadian dollar
- Currency Code: CAD
- Currency Symbol: $, C$, Can$, CA$ or CAD
- Central Bank: Bank of Canada
- Central Bank Website: https://www.bankofcanada.ca/
- Reserve Currency Status: Canadian dollar is not considered a reserve currency.
- Safe Haven Status: Canadian dollar is not considered a safe haven currency.
- Countries of Use: Primarily Canada
- Major Unit: Canadian dollar
- Minor Unit: Cent
- Cents per Canadian dollar: 100
- Note Denominations: $5, $10, $20, $50, $100
- Coin Denominations: 5¢, 10¢, 25¢, $1, $2
The Canadian dollar, often represented by the symbol $ or CAD, is the official currency of Canada. It is closely linked to the U.S. dollar and is influenced by commodity prices, particularly oil, due to Canada’s significant natural resources.
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