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CAD pair

EUR/CAD

EUR/CAD prices the euro in Canadian dollars. It lets Canadians express a view on Europe versus Canada without the U.S. dollar in the middle.

Reference rate

1.6084

Bank of Canada-derived · 2026-09-29

Pip value (10,000 units)

C$1.00

Pip size 0.0001

Most active (ET)

3 a.m.–noon ET.

EUR/CAD — last 120 Bank of Canada observations

2026-09-29 → 2026-04-09 · +0.52%

Latest
1.6168
High
1.6253
Low
1.5925

What moves EUR/CAD

  • ECB vs Bank of Canada policy
  • Oil prices (via CAD)
  • Eurozone growth and energy
  • Canada–EU trade

The Canadian angle

Useful for Canadians with euro expenses — travel, European property or tuition — who want to understand the rate they'll pay.

Related: what moves the loonie · pip calculator · market hours

Registered brokers to trade EUR/CAD

  1. #1

    Interactive Brokers Canada

    CIRO-registered

    Best for: Experienced, cost-sensitive traders who want forex, futures, options and global stocks in one account

    Platforms
    TradingView
    FX pairs
    100+
    Min. deposit
    $0
    CIPF
    Yes
  2. #2

    Questrade

    CIRO-registered

    Best for: Canadians who want TFSA/RRSP investing and forex/CFD trading with one Canadian firm

    Platforms
    Proprietary
    FX pairs
    100+
    Min. deposit
    $0
    CIPF
    Yes
  3. #3

    CMC Markets Canada

    CIRO-registered

    Best for: Traders who want the widest CFD and currency-pair range from a Canadian dealer

    Platforms
    MT4, TradingView
    FX pairs
    150+
    Min. deposit
    $0
    CIPF
    Yes

    ⚠ Alberta residents generally must qualify as accredited investors to trade CFDs.

Questions

What is one pip worth on EUR/CAD in Canadian dollars?

A pip on EUR/CAD is 0.0001. On 10,000 units that's 1 CAD.

When is EUR/CAD most active?

3 a.m.–noon ET.

Where can Canadians trade EUR/CAD?

Through CIRO-registered dealers that offer forex, such as Interactive Brokers Canada, Questrade, CMC Markets Canada. Leverage on this pair is capped by CIRO margin rates.

Rates are Bank of Canada daily averages (cross rates derived via CAD) for information only — not trading prices or advice. Source: Bank of Canada.