About the 加拿大元 to 欧元 exchange rate
The CAD/EUR pair shows how many 欧元 (EUR) one 加拿大元 (CAD) buys. Eulerpool publishes the live mid-market rate together with a converter, a one-year chart and conversion tables so you can value cash, invoices and investments in both currencies.
CAD/EUR is quoted as EUR per one CAD. At 0.6262, 1 CAD equals 0.6262 EUR and 1 EUR equals 1.5970 CAD. The inverse pair is EUR/CAD.
The rate moves with interest-rate differentials, inflation, growth and capital flows between the 加拿大元 and 欧元 areas. Treasury teams, investors and travelers use CAD/EUR to convert prices, hedge FX risk and compare returns.
How CAD/EUR is quoted
In CAD/EUR, CAD is the base currency and EUR is the quote currency: the price is how many 欧元 buy one 加拿大元. A rise in CAD/EUR means 加拿大元 strengthened against 欧元; a fall means 加拿大元 weakened.
What drives the 加拿大元 to 欧元 rate
The CAD/EUR rate mainly reflects the policy-rate gap, relative inflation, current-account balances and risk appetite between the 加拿大元 and 欧元 economies. CPI, employment, GDP surprises and central-bank decisions typically cause the largest daily moves.