Convert Euro to Canadian Dollar

(Live EUR to CAD rate)

EUR to CAD FAQs

• Which is the cheapest way to transfer Euro to CAD?

  An independent money transfer service is commonly the cheapest way to convert and transfer Euros to Canadian Dollars. 

  Independent services will charge customers lower fees and exchange rate margins than popular banks, sometimes up to 2-5% less. 

  We do not add transfer fees on international transactions between Euro and CAD at Key Currency.

• How do you get the best Euro to CAD rate?

  Researching various money transfer providers is vital to finding the best Euro to CAD exchange rate. 

  It’s essential to get customer rate quotes from each provider and compare them to see who has the best at that time.

  The rates above and online are mid-market rates used between banks to trade.

  To save later confusion, request a Euro to CAD quote to be sent directly to you.

• Where to exchange Euro for CAD?

  Three standard services are available for exchanging Euros into Canadian Dollars: your bank, a currency broker or an online transfer service. 

  Each has its own pros and cons. 

  Banks will be convenient and familiar, but people should know the higher charges they apply to international transactions. 

  Currency Brokers are usually the most cost-effective option for international money transfers, with companies sometimes not charging transfer fees and having lower margins on the Euro to CAD exchange rate. 

  New customers must register and verify identification before a transfer can happen.  

  Online transfer apps will provide transfer methods that provide the quickest transfer times; these are great for smaller amounts being transferred but not so much larger quantities, where security and expert support are required for the best value.