About the Đô la Canada to Euro exchange rate
The CAD/EUR pair shows how many Euro (EUR) one Đô la Canada (CAD) buys. Eulerpool publishes the live mid-market rate together with a converter, a one-year chart and conversion tables so you can value cash, invoices and investments in both currencies.
CAD/EUR is quoted as EUR per one CAD. At 0,6238, 1 CAD equals 0,6238 EUR and 1 EUR equals 1,6031 CAD. The inverse pair is EUR/CAD.
The rate moves with interest-rate differentials, inflation, growth and capital flows between the Đô la Canada and Euro areas. Treasury teams, investors and travelers use CAD/EUR to convert prices, hedge FX risk and compare returns.
How CAD/EUR is quoted
In CAD/EUR, CAD is the base currency and EUR is the quote currency: the price is how many Euro buy one Đô la Canada. A rise in CAD/EUR means Đô la Canada strengthened against Euro; a fall means Đô la Canada weakened.
What drives the Đô la Canada to Euro rate
The CAD/EUR rate mainly reflects the policy-rate gap, relative inflation, current-account balances and risk appetite between the Đô la Canada and Euro economies. CPI, employment, GDP surprises and central-bank decisions typically cause the largest daily moves.