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EUR/CAD - Live Chart & Exchange Rate

1 EUR = 1.6124 CAD

Indicative rate, updated 22 hours ago. Not a live dealing rate - confirm with your broker before trading.

EUR/CAD Sentiment Gauge

A live technical-analysis reading for EUR/CAD, from Strong Sell to Strong Buy, updated automatically by TradingView. Forex has no reliable, freely-published Fear & Greed Index the way stocks or crypto do, so this momentum-based gauge is shown instead.

EUR/CAD tracks the Euro against the Canadian Dollar without the US Dollar in between. It moves on the relative outlook for the two economies, especially ECB and BoC interest-rate policy.

Rates shown here are indicative only, sourced periodically rather than streamed live. Confirm the exact rate with your bank or broker before converting funds or opening a trade.

EUR/CAD Key Statistics

Latest

1.6124

1 Oct 2026

Highest since Mar 2024

1.6346

1 Oct 2025

Lowest since Mar 2024

1.4613

3 Apr 2024

12-month average

1.6127

1.5769 – 1.6346

30 days: -0.21% 90 days: -0.56% 1 year: -1.36%

Over the past year EUR/CAD has fallen 1.36%, meaning the EUR has weakened against the CAD. In the last 30 days it has moved down 0.21%. Across the last 12 months it traded between 1.5769 and 1.6346. Its highest level in the data window (since March 2024) was 1.6346 on 1 Oct 2025, and its lowest was 1.4613 on 3 Apr 2024.

Based on weekly data from 6 Mar 2024 to 1 Oct 2026. Source: weekly rate snapshots (currency-api). A rising rate means the EUR is strengthening against the CAD. Past performance does not predict future results.

What Moves EUR/CAD

A pair's price is one currency's value measured against another, so the economy behind each side matters.

Euro (EUR)

Eurozone (20 EU countries) · European Central Bank (ECB) · Free float

The Euro is the world's second most traded and held reserve currency, shared by twenty European Union countries with a single monetary policy.

Major contributors to the economy

  • Advanced manufacturing and cars (Germany)
  • Services and finance
  • Tourism
  • Chemicals and pharmaceuticals
  • Agriculture and food

Key factors

  • ECB interest-rate policy. ECB decisions and guidance on rates and bond buying are the main driver of the Euro.
  • Eurozone inflation and growth. Flash inflation figures and business surveys (PMIs) shift rate expectations.
  • Energy prices. Europe imports most of its energy, so high gas and oil prices weigh on the Euro.
  • Political and debt risk. Elections and bond-spread stress in members such as Italy can hurt the currency.

Canadian Dollar (CAD)

Canada · Bank of Canada (BoC) · Free float

The Canadian Dollar (the "loonie") is a commodity currency closely linked to oil prices and to the US economy, Canada's largest trading partner.

Major contributors to the economy

  • Oil and gas
  • Mining
  • Manufacturing and cars
  • Agriculture
  • Financial services

Key factors

  • Oil prices. Canada is a major oil exporter, so rising crude prices usually support the loonie.
  • Bank of Canada policy. Rate decisions relative to the Fed drive USD/CAD.
  • US trade relations. Most Canadian exports go to the US, so tariffs and trade deals matter.

How EUR and CAD Interact

The Canadian Dollar is a commodity currency, so swings in the prices of its main exports often show up in this pair.

Central-bank policy matters on both sides: the European Central Bank (ECB) and the Bank of Canada (BoC). When one of them is expected to keep interest rates higher than the other, that currency usually attracts capital and strengthens; a narrowing gap tends to reverse the move.

Markets to Watch

  • German 10-year Bund yield EUR

    Higher yields tend to support the Euro

  • European natural gas prices EUR

    Spikes usually weigh on the Euro

  • WTI crude oil CAD

    Usually rises with the Canadian Dollar

Events & Data to Follow

  • EUR ECB monetary policy meetings
  • EUR Eurozone flash CPI
  • EUR German Ifo and ZEW surveys
  • EUR Eurozone PMIs
  • CAD Bank of Canada rate decisions
  • CAD Canadian jobs report
  • CAD Canadian CPI

Historical Milestones

  1. 1999 EUR

    The Euro launched as an accounting currency, with notes and coins following in 2002.

  2. 2007 CAD

    The loonie rose above parity with the US Dollar for the first time in over 30 years during the commodity boom.

  3. 2010-12 EUR

    The Eurozone debt crisis pushed the Euro lower until the ECB pledged to do "whatever it takes".

  4. 2014-16 CAD

    The oil price collapse pushed the Canadian Dollar sharply lower.

  5. 2022 EUR

    The energy shock after Russia's invasion of Ukraine pushed EUR/USD below parity for the first time in 20 years.

Why EUR/CAD Matters to Tanzanian Traders

EUR/CAD lets traders in Tanzania trade a view on two economies without the US Dollar in between. Spreads are a little wider than on the majors, so it suits traders who already know how the two currencies behave.

Compare brokers offering these pairs →

Risks & Trading Hours

  • Energy supply shocks. (EUR)
  • Political tensions between member states. (EUR)
  • Oil price swings. (CAD)
  • US trade policy changes. (CAD)

Most active: London and Frankfurt session • New York and Toronto session

EUR/CAD FAQ

What is the current EUR/CAD exchange rate?

1 EUR is worth about 1.6124 CAD (indicative, updated 22 hours ago). Always confirm the exact rate with your bank or broker before you convert or trade.

What is the all-time high and low of EUR/CAD?

In the data we track (since 6 Mar 2024), EUR/CAD peaked at 1.6346 on 1 Oct 2025 and bottomed at 1.4613 on 3 Apr 2024.

What moves the EUR/CAD exchange rate?

EUR/CAD is influenced by the relative strength of the Euro and the Canadian Dollar. Key factors include: ECB interest-rate policy, Eurozone inflation and growth, Oil prices, Bank of Canada policy. See the sections above for the full list.

When is the best time to trade EUR/CAD?

Activity and liquidity are typically highest during: London and Frankfurt session • New York and Toronto session. Spreads are usually tighter when the relevant markets are open.

Is EUR/CAD good for beginners?

EUR/CAD is one of the more liquid pairs, with tight spreads at most brokers, which makes it a reasonable choice for beginners. Practise on a free demo account first.

This page is educational. Rates, statistics and commentary are indicative and may contain errors or be out of date.

Other Currency Pairs

EUR/GBP EUR/JPY GBP/JPY EUR/CHF AUD/JPY EUR/AUD All pairs →

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