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1 EUR = 1.6078 CAD
Indicative rate, updated 7 hours ago. Not a live dealing rate - confirm with your broker before trading.
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 is a cross pair - traded without the US Dollar as an intermediary - driven by European Central Bank policy and Eurozone economic data and Bank of Canada policy and oil prices, given Canada's status as a major oil exporter. Cross pairs can be more volatile than majors since two independent economies drive the price at once.
Rates shown here are indicative only. Confirm the exact rate and spread with your broker before trading.
Latest
1.6127
25 Sep 2026
Highest on record
1.8123
13 Jan 1999
Lowest on record
1.2139
16 Aug 2012
12-month average
1.6125
1.5680 – 1.6393
Over the past year EUR/CAD has fallen 1.12%, meaning the EUR has weakened against the CAD. In the last 30 days it has moved down 0.30%. Across the last 12 months it traded between 1.5680 and 1.6393. Its highest level in the available history (since 1999) was 1.8123 on 13 Jan 1999, and its lowest was 1.2139 on 16 Aug 2012.
Based on daily data from 4 Jan 1999 to 25 Sep 2026. Source: ECB reference rates (via Frankfurter). A rising rate means the EUR is strengthening against the CAD. Past performance does not predict future results.
A pair's price is one currency's value measured against another, so the economy behind each side matters.
Eurozone · European Central Bank (ECB) · Free float
The Euro is the shared currency of most EU member states and the world's second most-traded currency. Its value reflects the combined economies of the Eurozone, led by Germany and France.
Canada · Bank of Canada (BoC) · Free float
The "Loonie" is a commodity currency closely tied to oil prices and to the health of the US economy, which buys the large majority of Canadian exports.
The CAD is a commodity-linked currency, so EUR/CAD often reacts to moves in raw-material prices and in the global growth outlook that drives them.
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.
Higher yields relative to US Treasuries tend to support the Euro
Spikes usually weaken the Euro
USD/CAD usually moves inversely to oil
Reflects US demand for Canadian exports
1999 EUR
The Euro launched, initially trading well above the Dollar before sliding to lows in 2000–01.
2002 CAD
The Canadian Dollar hit an all-time low near 62 US cents.
2007 CAD
Boosted by a commodity boom, it briefly traded above parity with the US Dollar.
2008 EUR
It peaked around $1.60 in mid-2008 just before the global financial crisis.
2010–12 EUR
The sovereign debt crisis (Greece, Ireland, Portugal, Spain, Italy) put the Euro's survival in question.
2014–16 CAD
The oil price collapse pushed the Loonie back down towards 70 US cents.
2022 EUR
The energy shock following Russia's invasion of Ukraine drove the Euro below parity with the Dollar for the first time in about 20 years.
EUR/CAD is a cross pair, traded without the US Dollar. It is a useful way to practise analysing two economies at once, though spreads are usually wider than on the majors.
Compare brokers offering these pairs →Most active: London and early New York sessions • New York session
1 EUR is worth about 1.6078 CAD (indicative, updated 7 hours ago). Always confirm the exact rate with your bank or broker before you convert or trade.
In the data we track (since 4 Jan 1999), EUR/CAD peaked at 1.8123 on 13 Jan 1999 and bottomed at 1.2139 on 16 Aug 2012.
EUR/CAD is influenced by the relative strength of the Euro and the Canadian Dollar. Key factors include: ECB interest-rate policy, German and Eurozone economic data, Oil prices, Bank of Canada policy. See the sections above for the full list.
Activity and liquidity are typically highest during: London and early New York sessions • New York session. Spreads are usually tighter when the relevant markets are open.
EUR/CAD can be more volatile or carry wider spreads than the major pairs, so it usually suits experienced traders better. If you are new, start with a demo account and a major pair. Trading forex carries a high risk of loss.
This page is educational and is not investment advice. Rates, statistics and commentary are indicative and may contain errors or be out of date. Forex and CFD trading carries a high risk of loss.