Exchange Rate Euro to CAD: Live Rates & Trends

If you’ve ever tried to send euros to Canada or track how the Canadian dollar moves against the euro, you know the frustration of unclear rates and hidden fees. One provider quotes one number; your bank shows another; the app you downloaded yesterday already looks outdated. The good news is that the tools to cut through the noise are freely available — you just need to know where to look and what the numbers actually mean.

Current 1 EUR to CAD: 1.59 · 1 EUR in CAD (Xe.com): 1.5927 · 10 EUR in CAD (Revolut): 15.94 · Historical Data Available: 20+ years (OFX)

How much is $100 Euros in Canadian dollars?

Converting €100 means multiplying by the current mid-market rate — a figure that changes throughout the trading day. As of late data, 1 EUR exchanges for roughly 1.59 CAD across major platforms, though the exact number your money earns depends on which provider you use.

Current conversion rate

The European Central Bank set its reference rate at 1.5994 CAD per euro on April 30, 2026 (European Central Bank). Meanwhile, Xe recorded a mid-market rate of 1.59843593 CAD per euro at recent UTC timestamps (Xe Currency Converter). Wise independently shows 1.599 with a slight 0.24% dip in the last 24 hours (Wise Currency Converter).

Using a rate of 1.59, €100 converts to approximately 159 CAD. If you use Xe.com’s slightly higher rate of 1.5927, that same €100 nets about 159.27 CAD — a small difference that compounds with larger amounts.

Rate across providers

Not every provider offers the interbank (mid-market) rate. Traditional banks often add markups that can meaningfully reduce what the recipient receives. Xe compares Attica Bank’s rate at 1.566700 CAD per euro with a €0 transfer fee, meaning a €100 transfer through that bank channel yields $156.67 CAD (Xe). That gap represents the bank’s markup, embedded silently in the exchange.

What is $100.00 Canadian in Euros?

If you’re working in the opposite direction — converting CAD to EUR — the math flips using the inverse rate. Rather than dividing, you multiply the CAD amount by the reciprocal of the EUR/CAD rate.

CAD to EUR rate

Revolut’s conversion table shows the inverse relationship directly: 1 CAD equals approximately 0.61 EUR (Revolut). This means $100 CAD converts to roughly €61 at current rates.

Inverse calculation

Working backward from the ECB’s 1.5994 reference rate: $100 CAD ÷ 1.5994 = €62.52. The slight variation depends on which provider’s rate you use, and whether the provider applies any fees to the conversion.

What is a good exchange rate for Euro and CAD?

A “good” rate is relative. The meaningful benchmark is the mid-market rate — the one banks and transfer services theoretically use before applying their margins. Any rate you receive that closely matches the mid-market rate is favorable.

Mid-market vs bank rates

The ECB’s reference rate of 1.5994 CAD per euro on April 30, 2026 represents the official mid-market benchmark (European Central Bank). Xe and Wise both publish rates hovering just below or around this figure, reflecting their low-margin model.

Banks like Attica Bank show 1.566700 — a meaningful gap below the mid-market benchmark (Xe). That gap represents the bank’s markup, embedded silently in the exchange.

Fee considerations

Provider fees for EUR/CAD transfers depend heavily on the transfer amount, with larger transfers generally attracting lower fees and better rates (Xe). MTFX claims its specialist model delivers up to 4% better CAD rates than banks while keeping fees low (MTFX Group), though this claim carries tier3 confidence and should be weighed against verified provider comparisons.

Is CAD getting stronger against the Euro?

Tracking the six-month trend reveals a pattern: the Canadian dollar strengthened notably in early 2026 before softening again by month-end.

Recent trends

OFX’s six-month average from November 2025 to April 2026 stands at 1.611579, suggesting the euro held a modest premium over that period (OFX). The monthly data tells a more granular story:

• November 2025: 1.625352
• December 2025: 1.614896
• January 2026: 1.616482
• February 2026: 1.614392
• March 2026: 1.587664 (period low)
• April 2026: 1.610686

The March 2026 dip to 1.587664 marked the weakest euro reading in that span — a time when CAD briefly bought more euros per dollar (OFX). The recovery to 1.610686 by April 30 shows volatility, not a sustained trend in either direction.

Historical chart insights

Investing.com provides EUR/CAD historical data at daily, weekly, and monthly intervals, enabling longer-term perspective beyond the six-month window (Investing.com). OFX independently confirms access to 20+ years of EUR/CAD history covering multiple economic cycles (OFX).

How much does it cost to buy €1000 in Canadian dollars?

For anyone converting a larger amount like €1,000, the provider choice and rate become significantly more consequential. Scale the mid-market rate, then layer on provider fees.

1000 EUR conversion

At a mid-market rate of approximately 1.59, €1,000 converts to roughly 1,590 CAD. Revolut’s conversion table shows 1,000 EUR equaling 1,623.74 CAD (Revolut), though this reflects Revolut’s specific rate at a particular timestamp rather than the interbank rate.

At Xe.com’s recent rate of 1.5927, €1,000 converts to approximately 1,592.70 CAD — a figure that still excludes transfer fees if applicable.

Provider comparisons

Specialist providers like Wise and OFX typically offer rates closer to the mid-market benchmark than traditional banks. Wise’s platform emphasizes transparency with no hidden fees in its currency conversion model (Wise Currency Converter). Airwallex similarly claims market-leading rates with no hidden fees for business EUR to CAD transactions (Airwallex), though this tier3 claim should be verified against current pricing.

Here is how the main providers stack up against the mid-market benchmark:

The implication: for a €1,000 transfer, choosing a specialist over a bank could mean an extra 30–60 CAD depending on the specific rate differential. Xe notes that larger EUR to CAD transfers usually carry lower fees and better rates (Xe), making volume a negotiating tool even with digital providers.

EUR/CAD Historical Timeline

Understanding where the rate stands now matters more when you can see the path that led here. OFX provides monthly data points stretching back over two decades, with the most recent six months showing notable intra-period swings.

What this means: the EUR/CAD rate fluctuated within roughly a 0.04 CAD band over six months, with March 2026 representing the strongest CAD reading in that window before the euro regained some ground. For anyone timing a transfer, this volatility suggests there is no single “best” moment — only better rates relative to when you checked.

What We Know and What We Don’t

Being precise about confidence levels helps you make better decisions rather than false precision.

What Experts and Providers Say

MTFX Group (Exchange Provider)

Banks often add wide spreads and extra fees, while MTFX delivers the best CAD exchange rate with lower costs. With MTFX, you get up to 4% better CAD rate than the bank plus low fees.

Xe (Currency Service)

Usually, larger transfers come with lower fees and better exchange rates. Xe offers potential savings by comparing bank rates like Attica Bank’s 1.566700 against mid-market benchmarks.

Wise (Currency Platform)

Wise emphasizes free from hidden fees — the platform publishes historical EUR/CAD rates and makes its margin structure transparent for currency conversions.

Bottom line

The EUR/CAD rate sits near 1.5994 CAD per euro as of late April 2026 — a figure that tracks closely across ECB, Xe, and Wise benchmarks. The spread between the best specialist rates and a typical bank rate can reach 0.03 CAD per euro or more, which translates to hundreds of dollars on large transfers. For anyone converting euros to Canadian dollars, the smart move is checking a live mid-market reference, comparing two or three specialist providers, and avoiding bank branches unless you’ve verified their exact quote. Historical data from OFX and Investing.com shows the rate fluctuates meaningfully month-to-month but without a sustained trend in either direction over the recent six-month window.

For Canadians receiving euros or Europeans sending money to Canada, the choice of provider is the single most controllable variable — more so than trying to predict whether CAD strengthens or weakens next quarter.