The Canadian dollar is hovering slightly above its six-month average against the euro, but the gap between current rates and the 50-day moving average suggests momentum hasn’t fully committed in either direction yet — leaving travelers and businesses with a narrow window to lock in favorable conversions before the next move. As of April 26, 2026, the loonie trades at roughly 0.6240 EUR per CAD, with analysts split on whether gains lie ahead or a pullback is coming.

1 CAD to EUR: 0.62 · 1 EUR to CAD: 1.60 · CAD to USD equivalent: ~0.72 · 30-day EUR/CAD high: 1.6242 · 30-day EUR/CAD low: 1.5957

Quick snapshot

1Confirmed facts
2What’s unclear
  • Whether the loonie can sustain gains through 2026 amid mixed forecasts from financial platforms
  • Exact impact of Bank of Canada policy shifts on near-term volatility
3What’s next
4What to watch
  • Diverging analyst outlooks: CoinCodex bullish long-term, Traders Union calling for pullback to 0.6061 in four weeks (Traders Union forex analysis)
  • CAD/EUR 50-day simple moving average at €0.6259 — rate currently trading just below this key level (Traders Union forex analysis)

The data below reflects current mid-market rates aggregated from multiple financial platforms, with sources spanning authoritative central bank records to real-time trading data.

Metric Value Source
1 CAD to EUR 0.6240 mid-market CoinCodex financial forecasts
1 EUR to CAD 1.6018 TradingView market data
30-day EUR/CAD peak 1.6242 Wise historical converter
30-day EUR/CAD trough 1.5957 Wise historical converter
CAD/EUR 6-month average 0.6195 Wise historical converter
CAD/EUR 50-day SMA €0.6259 CoinCodex financial forecasts

What is the current value of the Canadian dollar?

The Canadian dollar is trading at roughly 0.6240 EUR per CAD as of April 26, 2026, according to aggregated data from multiple financial platforms. This puts the loonie slightly above its six-month average of 0.6195, though it’s hovering just below the 50-day simple moving average of €0.6259 — a technical level that traders watch for trend signals.

Live rates from Xe, Wise, and Revolut

Different platforms quote slightly different rates due to fees and margins. Wise shows CAD/EUR at 0.624228, a negligible 0.001% change from the previous day. Revolut displays a cleaner 1 CAD = 0.62 EUR for quick reference, while XE’s charts show USD/CAD at 1.36746 — useful when you need the CAD-to-USD bridge for cross-currency calculations.

TradingView reports the EUR/CAD pair at approximately 1.60189, representing a 0.10% uptick over the past 24 hours. These variations are normal and reflect the difference between mid-market rates and what you’ll actually receive when converting funds.

CAD versus major currencies

When measured against the euro, the Canadian dollar has traded in a range from 0.6085 to 0.6383 over the past year. The low came on October 17, 2025, while the high hit €0.6383 on March 14, 2026. The ECB’s official EUR/CAD reference rates tell the same story from the other side: a minimum of 1.5531 on May 12, 2025 (meaning CAD/EUR peaked near 0.6439) and a maximum of 1.6393 on October 17, 2025.

The sentiment in the CAD/EUR market is estimated as bullish, with CoinCodex noting 53.33% green days in the last 30 days and volatility of just 0.51% — a relatively calm stretch compared to some other currency pairs.

The upshot

The loonie is sitting modestly above its recent average, but the gap between current rates and the 50-day moving average suggests momentum hasn’t fully committed in either direction yet.

Will the Canadian dollar increase?

Analysts are split on the loonie’s near-term trajectory. CoinCodex projects the CAD/EUR pair reaching €0.6466 by the end of 2026 — a 3.63% gain from current levels — while longer-term models point to €0.6577 by 2027 (+5.41%) and €0.6349 by 2030 (+1.74%). The platform’s last data update was May 26, 2026, and CoinCodex’s forecast model characterizes the outlook as bullish.

Short-term trends

PoundSterlingLive’s three-month EUR/CAD forecast sits at 1.6011, implying CAD/EUR around 0.6246 — virtually flat with today’s rate, suggesting sideways movement in the near term. CoinCodex’s own short-term projections back this up: tomorrow’s rate expected at €0.6253 (+0.22%), with end-of-week targets at €0.6278 (+0.62%).

Today: up or down?

On the day, Investing.com recorded CAD/EUR’s previous close at 0.6248 with a trading range of 0.6234 to 0.6253. The pair has shown a slight positive bias recently, though the moves are measured — volatility of 0.51% means the loonie hasn’t been swinging dramatically.

Why this matters

Traders Union offers a more bearish counterpoint, forecasting CAD/EUR dropping to 0.6202 in one week and further to 0.6061 in four weeks. That contrast — bullish long-term models versus bearish short-term calls — is exactly the kind of disagreement that makes currency positioning tricky without a clear thesis.

How much is 100 CAD in USD?

With USD/CAD currently at 1.36746, dividing 100 by that rate gives you approximately $73.12 USD. The calculation works in reverse too: $100 USD would cost you roughly 136.75 CAD at the current mid-market rate.

Conversion tools and real-world rates

XE and Wise both offer mid-market rates, but when you actually convert funds, your bank or provider will typically add a margin of 0.5% to 2%. Revolut and Wise generally offer rates closer to mid-market for everyday conversions, while traditional banks often apply wider spreads.

For quick mental math: at roughly $1.37 CAD per USD, each Canadian dollar buys about 73 U.S. cents — a relationship that matters most when you’re moving larger amounts across the border.

How much is 100 CAD in euros?

At the current CAD/EUR rate of 0.6240, 100 CAD converts to approximately €62.40. If you’re converting €100 back to CAD, the current EUR/CAD rate of 1.60189 means you’d receive roughly 160.19 CAD.

100 CAD to EUR conversion

Revolut rounds this to a convenient 1 CAD = 0.62 EUR, so 100 CAD equals €62. The slight difference between platforms — Wise showing 0.624228 versus Revolut’s cleaner 0.62 — amounts to less than a euro for most personal conversions, but it adds up when moving thousands.

1000 CAD to EUR

Scale that up to 1,000 CAD, and you’re looking at roughly €624 at current mid-market rates. At the March 14, 2026 high of 0.6383, that same 1,000 CAD would have bought €638.30 — a difference of over €14 just from timing.

The implication for anyone timing larger transfers: a single percentage point swing in the CAD/EUR rate translates to roughly €6.20 per $1,000 CAD converted, making it worthwhile to monitor the 50-day moving average as a potential signal for when the market momentum might shift.

Bottom line: Canadian businesses converting €100,000 of European revenue will receive roughly 160,180 CAD at today’s rate — but if CoinCodex’s year-end forecast of 0.6466 materializes, that same amount would buy 160,900 CAD, adding about 720 CAD to their revenue. Travelers converting smaller amounts see minimal platform variation under €10,000, but larger transfers benefit most from mid-market rate providers like Wise or Revolut.

What is 1 EUR in CAD?

The reverse calculation shows 1 EUR buys approximately 1.6018 CAD at current rates. TradingView confirms the EUR/CAD pair at 1.60189 as of late April 2026, down 0.16% over the past 24 hours — suggesting the euro has edged slightly weaker against the loonie in the short run.

EUR to CAD historical context

Looking back, the euro has stretched further against the Canadian dollar at certain points: the ECB recorded EUR/CAD reaching 1.6393 on October 17, 2025 (meaning 1 EUR bought more CAD then than now). Conversely, May 12, 2025 saw the pair dip to 1.5531 — the cheapest the euro has been relative to the loonie in the past year.

What to watch

If you’re sending euros to Canada or pricing goods in both currencies, the 1.5531 to 1.6393 range over the past year represents roughly a 5.5% swing in purchasing power — significant for anyone moving regular amounts across the Atlantic.

CAD Exchange Rates: A Multi-Currency Comparison

Four sources, two directions, and a year of data — the table below organizes what the major platforms are showing.

Currency Pair Current Rate 30-Day Range Primary Source
CAD/EUR 0.6240 0.6085–0.6383 CoinCodex financial forecasts
EUR/CAD 1.60189 1.5957–1.6242 TradingView market data
USD/CAD 1.36746 N/A XE live currency charts
CAD/EUR (6-mo avg) 0.6195 N/A Wise historical converter

The pattern is consistent: multiple independent platforms cluster around the same mid-market rates, with the main variation coming from timing and fee structures rather than fundamental disagreements on where the pair trades.

What Analysts Are Saying

Two contrasting perspectives illustrate the current divide in CAD/EUR forecasting.

CoinCodex (Forecast Model)

The Canadian dollar is expected to rise by 3.63% against the Euro by the end of 2026, with sentiment in the CAD/EUR market estimated as bullish and 53.33% green trading days over the past month.

Traders Union (Short-Term Analysis)

CAD/EUR is forecast to reach 0.6202 in one week and 0.6061 in four weeks, suggesting a near-term pullback that contrasts with longer-term bullish projections from other platforms.

The implication here is straightforward: if you’re moving money on a specific timeline, the platform you trust matters as much as the rate itself. Long-term holders may find comfort in CoinCodex’s model; short-term traders may want to hedge against the Traders Union scenario.

For Travelers and Cross-Border Shoppers

Whether you’re planning a European trip or buying from a U.S. retailer, knowing where to convert makes a tangible difference. Mid-market rate platforms — Wise, Revolut, and similar services — pass on rates closest to what banks trade among themselves. Traditional currency exchange counters at airports and hotels typically apply margins of 3–5%, meaning €100 costs you more CAD than it should.

The rough guide: if your card charges zero foreign transaction fees and uses live exchange rates (like Wise or Revolut), use it abroad rather than exchanging cash upfront. For larger amounts — say, transferring €10,000 CAD to Europe — even a 0.5% difference in rate equals €50 saved by choosing the right provider.

For Canadian businesses invoicing in euros, the current rate of 0.6240 means each €100,000 of European revenue translates to roughly 160,180 CAD at today’s rate. If CoinCodex’s year-end forecast of 0.6466 materializes, that same €100,000 would buy 160,900 CAD — a meaningful swing of roughly 720 CAD just from timing.

Related reading: CAD to Sri Lankan Rupee: Live Converter & Rates Today · Indian Rupee to CAD – Live Rate and Trends

Tracking the Canadian dollar’s value reveals fluctuations best understood through resources like the USD to CAD exchange rate today, which deliver live quotes near 1.39 alongside key forecasts to 2026.

Frequently asked questions

What factors affect the Canadian dollar’s value?

The loonie responds to Bank of Canada interest rate decisions, commodity prices (particularly oil, since Canada is a major exporter), U.S. economic data, and overall risk sentiment. When oil prices rise, CAD typically strengthens; when the Fed signals policy shifts, USD/CAD moves accordingly.

How do I convert CAD to USD accurately?

Divide your CAD amount by the current USD/CAD rate (approximately 1.36746). Online calculators on XE or Wise give real-time mid-market rates, while your bank’s actual rate will include a margin. For $1,000 CAD, expect roughly $731 USD at mid-market — slightly less at a traditional bank.

Is CAD strengthening against the euro?

Currently sitting slightly above its six-month average of 0.6195, CAD/EUR has room to run before matching its April 2026 high of 0.6383. The 50-day moving average at 0.6259 acts as a near-term resistance level — breaking above it would signal stronger bullish momentum.

What’s the EUR/CAD 30-day average?

Using the CAD/EUR six-month average of 0.6195, the inverse EUR/CAD sits around 1.6144 over that period. The 30-day range has been tighter, with EUR/CAD fluctuating between 1.5957 and 1.6242, implying CAD/EUR between roughly 0.6156 and 0.6269.

Best tools for checking CAD forecasts?

CoinCodex offers detailed technical analysis and multi-year forecasts. PoundSterlingLive covers medium-term EUR/CAD projections. For historical context, the ECB’s official reference rate page and OFX’s historical data provide authoritative benchmarks going back months and years.

Has the Canadian dollar been stronger historically?

Yes — ECB records show EUR/CAD as low as 1.5531 on May 12, 2025, meaning CAD/EUR reached approximately 0.6439 at its strongest. The October 2025 low for CAD saw it drop to 0.6085, so the currency has cycled through meaningfully different levels over the past year.

What’s the outlook for CAD through 2026?

CoinCodex projects CAD/EUR at 0.6466 by year-end 2026 (+3.63%), while PoundSterlingLive sees the three-month rate holding near current levels. Traders Union offers a bearish counterpoint, calling for near-term weakness to 0.6061. The spread of forecasts reflects genuine uncertainty — the loonie’s direction will depend heavily on commodity trends and central bank policy in both Canada and Europe.

Key takeaway

Checking mid-market rates before converting ensures you’re not leaving unneeded savings on the table — especially for larger transfers where even small percentage differences add up to real money.