Euro to Canadian Dollar Exchange Rate Market Daily Analysis: ECB Euro Exchange Rates (2024)

FAQs

Euro to Canadian Dollar Exchange Rate Market Daily Analysis: ECB Euro Exchange Rates? ›

Euro to Canadian Dollar Exchange Rate is at a current level of 1.513, up from 1.511 the previous market day and up from 1.44 one year ago. This is a change of 0.17% from the previous market day and 5.10% from one year ago.

The exchange rate for Euro to Canadian dollars is currently 1.511 today, reflecting a 0.389% change since yesterday. Over the past week, the value of Euro has remained relatively stable, with a 0.743% increase compared to its value 7 days ago.

The short answer is that there is no best time to convert Canadian dollars to Euros. The global foreign exchange markets are incredibly efficient and they operate around the clock.

1 EUR = 1.512287 CAD Sep 17, 2024 02:02 UTC

Check the currency rates against all the world currencies here. The currency converter below is easy to use and the currency rates are updated frequently.

The current rate of EURCAD is 1.50474 CAD — it has increased by 0.06% in the past 24 hours.

Local banks and credit unions usually offer the best rates. Major banks, such as Chase or Bank of America, often offer the added benefit of having ATMs overseas. Online peer-to-peer foreign currency exchanges. Online bureaus or currency converters, such as Travelex, provide convenient foreign exchange services.

Is the Canadian Dollar stronger than the Euro? – No, the Euro is more valuable than the Canadian Dollar. Check this currency pair with MTFX's Daily Exchange Rate Lookup.

Falling interest rates driving weaker CAD demand

The decrease in Canadian interest rates, potentially widening the interest rate differential with the US to a full 1.00% by July, is diminishing demand for the Canadian dollar.

Is the Euro going up against the Canadian dollar? ›

Euro to Canadian Dollar Exchange Rate is at a current level of 1.506, up from 1.496 the previous market day and up from 1.450 one year ago. This is a change of 0.65% from the previous market day and 3.83% from one year ago.

The best time to convert Canadian to US dollars is when your desired exchange rate is met. This is the rate that saves you more money on overseas transfers. Fortunately, you can still capture a favourable rate without obsessively keeping track of market fluctuations.

Best Euro / Canadian Dollar Exchange Rate Today: 1.5125.

Euro to Canadian Dollar Exchange Rate (I:ECDER)

Euro to Canadian Dollar Exchange Rate is at a current level of 1.506, up from 1.496 the previous market day and up from 1.450 one year ago. This is a change of 0.65% from the previous market day and 3.83% from one year ago.

The exchange rate for Euro to US dollars is currently 1.102 today, reflecting a -0.168% change since yesterday.

It is always cheaper to buy any currency including Euro at the country that the currency originates from. This means if you travel to Europe, then avoid airports because all are a rip off, and once in a major town or city, look for the a major bank with decent looking ATMs.