EUR/CAD
MinorEuroCanadian Dollar
1.60790
+48.5 pips+0.30%
Bid
1.60790Ask
1.60790spread
0.0 pips24h Δ+0.30%
Price chart
Daily volatility
0.21%
0.00%2.00%
Low volatility0.21%
52-week range
1.61
1.561.65
1.555291.607901.64657
30-day return
0.00%
ConsolidatingKey correlation
Coming soon
24h volume
Global OTC (decentralized market)
About EUR/CAD
The EUR/CAD pair represents the exchange rate between Euro and Canadian Dollar. This shows how many Canadian Dollars are needed to buy one Euro.
Currency converter
You send
You receive
1 EUR = 1.60790 CAD
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
1.646570
Low
1.555290
52-week range
1.6079001.5552901.646570
Low
1.555290
High
1.646570
Currency converter
You send
You receive
1 EUR = 1.60790 CAD
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
1.646570
Low
1.555290
52-week range
1.6079001.5552901.646570
Low
1.555290
High
1.646570
Frequently Asked Questions
The current EUR/CAD exchange rate is 1.6079, meaning 1 EUR equals 1.6079 CAD. The rate has increased by +0.30% in the past 24 hours.
EUR/CAD has risen by +0.62% over the last week.
The current spread for EUR/CAD is 0.0000, with a bid price of 1.6079 and an ask price of 1.6079. The spread represents the transaction cost for trading this currency pair.
EUR/CAD highest rate in the last year was 1.6466, and its lowest rate was 1.5553.
The EUR/CAD exchange rate is influenced by several macroeconomic factors including interest rate differentials between the central banks of Euro and Canadian Dollar, 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.
EUR/CAD 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 EUR (Euro) as a hedge against local currency devaluation. If your local currency loses value relative to EUR, your holdings in EUR preserve their purchasing power. This is one reason why forex diversification is a common strategy for investors in regions with higher inflation.