Understanding the exchange rate between the Euro (EUR) and the Canadian Dollar (CAD) is crucial for various financial activities, from international business transactions to planning your next vacation. This page provides you with a quick and easy way to convert EUR to CAD using today’s exchange rates. Our currency converter utilizes cross rates to ensure accuracy, allowing you to calculate the precise value of Euros in Canadian Dollars, and vice versa, against a multitude of other currencies.
| 1 CAD | = | 0.6569 EUR |
|---|---|---|
| Canadian dollar | ↔ | Euro |
| 1 CAD = 0.6569 EUR | 1 EUR = 1.5224 CAD | |
| ECB Exchange rates: 2025-03-04 14:57:22 |
When dealing with international money transfers, it’s essential to be aware of hidden costs. Traditional banks often incorporate fees into unfavorable exchange rates, making international transactions more expensive than they need to be. For a cost-effective solution for sending money internationally, consider Wise (formerly TransferWise). Often, services like Wise offer significantly lower fees and transparent exchange rates compared to conventional banking institutions. For instance, transferring 1000 EUR to USD could cost as little as 4 EUR with Wise, whereas a bank might charge around 28 EUR for the same transaction.
Decoding Cross Currency Rates
Cross currency rates are exchange rates between two currencies, neither of which is the base currency of the quoting market. In essence, for the US market, any currency pairing that doesn’t involve the U.S. Dollar is considered a cross rate. Understanding cross rates is key to navigating global currency exchange effectively.
| EUR | USD | GBP | CHF | CAD | AUD | JPY |
|---|---|---|---|---|---|---|
| EUR | 1 | 1.0557 | 0.8279 | 0.9371 | 1.5224 | 1.6919 |
| USD | 0.9472 | 1 | 0.7842 | 0.8877 | 1.4421 | 1.6026 |
| GBP | 1.2079 | 1.2752 | 1 | 1.1319 | 1.8389 | 2.0437 |
| CHF | 1.0671 | 1.1266 | 0.8834 | 1 | 1.6246 | 1.8055 |
| CAD | 0.6569 | 0.6934 | 0.5438 | 0.6155 | 1 | 1.1113 |
| AUD | 0.5911 | 0.6240 | 0.4893 | 0.5539 | 0.8998 | 1 |
| JPY | 0.0064 | 0.0067 | 0.0053 | 0.0060 | 0.0097 | 0.0108 |
Our Currency Converter updates its rates daily, drawing from central bank data which is refreshed between 2:15 p.m. and 3:00 p.m. CET. For those requiring automated currency conversion, explore our currency converter API which supports over 150 currencies and offers live updates for seamless integration into your systems.
* Data sourced from central bank information, updated daily between 2.15 p.m. and 3.00 p.m. CET.
