CAD/EUR
MinorCanadian DollarEuro
0.62158
-11.4 pips-0.18%
Bid
0.62158Ask
0.62158spread
0.0 pips24h Δ-0.18%
Price chart
Daily volatility
0.43%
0.00%2.00%
Low volatility0.43%
52-week range
0.62
0.610.64
0.607320.621580.64205
30-day return
-0.42%
ConsolidatingKey correlation
Coming soon
24h volume
Global OTC (decentralized market)
About CAD/EUR
The CAD/EUR pair represents the exchange rate between Canadian Dollar and Euro. This shows how many Euros are needed to buy one Canadian Dollar.
Currency converter
You send
You receive
1 CAD = 0.62158 EUR
Mid-market rate
Key statistics
24h volume
Global OTCAvg. spread
0.5-1.5 pipsPip value
$10 por lote estándarMargin req.
3.33%52-week range
High
0.642050
Low
0.607320
52-week range
0.6215800.6073200.642050
Low
0.607320
High
0.642050
Currency converter
You send
You receive
1 CAD = 0.62158 EUR
Mid-market rate
Key statistics
24h volume
Global OTCAvg. spread
0.5-1.5 pipsPip value
$10 por lote estándarMargin req.
3.33%52-week range
High
0.642050
Low
0.607320
52-week range
0.6215800.6073200.642050
Low
0.607320
High
0.642050
Frequently Asked Questions
The current CAD/EUR exchange rate is 0.6216, meaning 1 CAD equals 0.6216 EUR. The rate has decreased by -0.18% in the past 24 hours.
CAD/EUR has dropped by -0.50% over the last week. The monthly change is a -0.42% drop.
The current spread for CAD/EUR is 0.0000, with a bid price of 0.6216 and an ask price of 0.6216. The spread represents the transaction cost for trading this currency pair.
CAD/EUR highest rate in the last year was 0.6421, and its lowest rate was 0.6073.
The CAD/EUR exchange rate is influenced by several macroeconomic factors including interest rate differentials between the central banks of Canadian Dollar and Euro, inflation rates, GDP growth, trade balances, and geopolitical events. Monetary policy decisions by each country's central bank are typically the most significant driver of currency movements.
Investors in Latin America can access the forex market through international brokerage platforms and regulated forex brokers. Many platforms accept local payment methods and only require a valid government ID or passport to get started. Make sure to choose a regulated broker with transparent fee structures.
CAD/EUR can be traded during 24/5 (Sun 22:00 - Fri 22:00 GMT). The forex market operates nearly 24 hours a day during the business week, with the highest liquidity typically during the London and New York session overlap.
Many investors in Latin America hold hard currencies like CAD (Canadian Dollar) as a hedge against local currency devaluation. If your local currency loses value relative to CAD, your holdings in CAD preserve their purchasing power. This is one reason why forex diversification is a common strategy for investors in regions with higher inflation.