Exchange Rate Calculator

As of July 3, 2025, the EUR/CAD exchange rate stands at approximately 1.6104, indicating that one euro is equivalent to 1.6104 Canadian dollars. (poundsterlinglive.com) This reflects a notable appreciation of the euro against the Canadian dollar over the past several months.

Recent Exchange Rate Trends

Over the past year, the EUR/CAD exchange rate has experienced significant fluctuations. The lowest point was recorded on November 22, 2024, at 1.44898, while the highest was on July 2, 2025, at 1.61117. (poundsterlinglive.com) This peak represents a substantial increase of approximately 11.2% from the November low.

In the more recent three-month period, the exchange rate has shown a general upward trend. On April 3, 2025, the rate was at 1.53963, and by July 2, 2025, it had risen to 1.61117. (poundsterlinglive.com) This represents an increase of about 4.6% over three months.

Technical Analysis

Technical indicators as of June 25, 2025, suggest a strong buy signal for EUR/CAD. The Relative Strength Index (RSI) stood at 71.5589, indicating bullish momentum. Additionally, the Moving Average Convergence Divergence (MACD) was positive at 0.0046, further supporting a bullish outlook. All moving averages, including the 5-day, 10-day, 20-day, 50-day, 100-day, and 200-day, were signaling a buy. (tipranks.com)

Forecasts and Projections

Looking ahead, forecasts for the EUR/CAD exchange rate vary. One projection anticipates a gradual increase, with the rate reaching 1.6127 by December 2025 and 1.6328 by December 2026. (midforex.com) Conversely, another forecast predicts a more significant rise, with the rate reaching 1.650499 in six months and 1.746968 in one year. (coincodex.com)

Factors Influencing the Exchange Rate

Several factors have contributed to the recent appreciation of the euro against the Canadian dollar:

• Economic Performance: The Eurozone's economic recovery has outpaced expectations, leading to increased investor confidence in the euro.

• Monetary Policy: Divergent monetary policies between the European Central Bank and the Bank of Canada have influenced investor sentiment and capital flows.

• Commodity Prices: Fluctuations in global commodity prices, particularly oil, have impacted the Canadian dollar, given Canada's status as a major oil exporter.

• Geopolitical Events: Political developments and trade relations have also played a role in currency movements, affecting both the euro and the Canadian dollar.

Conclusion

The EUR/CAD exchange rate has demonstrated a notable upward trend over the past several months, influenced by various economic and geopolitical factors. Technical indicators currently suggest a bullish outlook, and forecasts indicate potential further appreciation of the euro against the Canadian dollar. However, currency markets are inherently volatile, and investors should remain vigilant to changing economic conditions and policy decisions that may impact exchange rates.