EUR → CAD · Real-time rate

Convert euros
to Canadian dollars (EUR → CAD)

Change your euros (EUR) to Canadian dollars (CAD) at the real interbank rate, in real time. Ideal for funding an expatriation project, studies or a transfer to Canada, with a margin from 0.40% and no hidden fees.

Open my free account Conversion tables
EUR → CADCurrency pair
Real timeMarket rate
0.40%Margin from
35'000+ clientsIndividuals & businesses
CHF 1 Billion+Exchanged since 2018
Up to 10× cheaperThan a traditional bank
4.7/5 · ExcellentOn 2'000+ client reviews
SO-FIT logo
SO-FIT (SRO) affiliated*
EUR/CAD conversion in brief

Convert euros to Canadian dollars, at the right rate

The essentials to change your EUR to CAD with no nasty surprises on the rate or the fees.

The true EUR/CAD rate

The interbank (mid-market) rate, with no inflated margin hidden in the displayed rate.

A margin from 0.40%

Transparent and sliding, up to 10× cheaper than a bank. No hidden fees.

Transfers to Canada

Send your euros converted to Canadian dollars to the beneficiary account of your choice.

A reliable Swiss partner

ibani SA, founded in Geneva in 2018, a financial intermediary affiliated with SO-FIT, recognised by FINMA.

What you really pay

EUR → CAD: ibani, bank or exchange office ?

On an exchange of 5'000 EUR per month, the margin applied to the rate makes all the difference over the year.

CriterionibaniBankExchange office
Starting rateReal interbank"In-house" rate"In-house" rate
Exchange marginFrom 0.40%~1.5 to 2%Often > 2%
Transfer fees0 EURVariable—
Estimated annual cost*~240 EUR~900 EUR> 1'000 EUR
100% digital trackingYesPartialNo

*Indicative orders of magnitude for an exchange of 5'000 EUR/month over 1 year. See the details on our Rates page.

Rate movement

Live EUR / CAD exchange rate

Follow the trend of the pair to choose the right moment for your exchange.

Conversion tables

How much is 1 EUR in CAD (and the reverse) ?

Indicative amounts, ibani margin included, continuously updated.

EURCAD
EUR 1—
EUR 5—
EUR 10—
EUR 50—
EUR 100—
EUR 500—
EUR 1'000—
EUR 5'000—
EUR 10'000—
EUR 50'000—
CADEUR
CAD 1—
CAD 5—
CAD 10—
CAD 50—
CAD 100—
CAD 500—
CAD 1'000—
CAD 5'000—
CAD 10'000—
CAD 50'000—
How to convert

Your EUR changed to CAD, in 3 steps

Create your ibani account for free

100% digital sign-up in 5 minutes, with no opening or account maintenance fees.

Add your beneficiary in Canada

Enter the details of the destination account that will receive the Canadian dollars.

Send your Canadian dollars at the real rate

ibani converts your EUR to CAD at the market rate and sends the funds to the beneficiary account.

Other pairs

Convert other currencies

From the euro (EUR)
EUR CHF EUR USD EUR GBP EUR SGD
To the Canadian dollar (CAD)
CHF CAD USD CAD GBP CAD

All our converters →

The economics of the pair

EUR/CAD: the ECB against the Bank of Canada

The rate between the euro (EUR) and the Canadian dollar (CAD) reflects the relationship between two major economic zones : the euro area, steered by the European Central Bank (ECB), and Canada, whose monetary policy is conducted by the Bank of Canada (BoC).

The Canadian dollar is a so-called "commodity-linked" currency. Canada is among the world's leading exporters of oil : the CAD tends to strengthen when crude prices rise, and to weaken when they fall. Conversely, the euro depends on the overall economic situation of the euro area and on the ECB's stance on policy rates and inflation.

In practice, the EUR/CAD rate is watched most closely by those preparing an expatriation, studies or a property purchase in Canada, or who send money to loved ones settled across the Atlantic. The interest rate gap between the ECB and the Bank of Canada, the price of oil and the strength of the North American economy are the main drivers of the pair.

Read also: our guides on how to change your currency online and calculate an exchange rate.

Written by Brice Delhome.

Frequently asked questions

Frequently asked questions about EUR/CAD exchange

There is no universal ideal day. The EUR/CAD rate depends on market movements and on decisions by the ECB and the Bank of Canada. As the Canadian dollar is a commodity-linked currency, it often strengthens when the price of oil rises. Monitor the real rate continuously and trigger your exchange at the moment that suits you.

With ibani, you add the beneficiary account in Canada, then you transfer your euros. ibani converts your EUR into Canadian dollars at the real market rate and sends the funds to the destination account, with no hidden fees. Ideal for an expatriation project, studies or a transfer to a loved one settled in Canada.

The Canadian dollar is a commodity-linked currency, in particular to oil, of which Canada is a major exporter. The EUR/CAD rate therefore moves with the price of oil, the interest rate gap between the ECB and the Bank of Canada, as well as the health of the North American economy.

ibani applies a transparent margin from 0.40% on the real interbank rate, decreasing with amounts. There are no opening or account maintenance fees. It's up to 10× cheaper than a traditional bank. See the details on the Rates page.

Change your euros
to Canadian dollars at the right rate.

Convert your EUR to CAD at the real rate and send your funds to Canada with no hidden fees. Free account opening, 100% digital, in 5 minutes.
OPEN A FREE ACCOUNT ibani for individuals

✓ Real interbank rate  ·  ✓ Margin from 0.40%  ·  ✓ Affiliated with SO-FIT (SRO)

* Transfers in currencies other than EUR and CHF may be subject to correspondent bank fees.

SO-FIT logo

Swiss financial intermediary subject to the AMLA regulatory framework

Your money is handled with the utmost regulatory rigour.

ibani SA is a FinTech company established since 2018 in the heart of Geneva, Switzerland. We are a financial intermediary audited for our activity, with thousands of clients and exchange operations to our name.

ibani SA is affiliated with SO-FIT as a financial intermediary within the meaning of Article 2 para. 3 of the Anti-Money Laundering Act (AMLA). SO-FIT is a self-regulatory organisation recognised by the Swiss Financial Market Supervisory Authority (FINMA).