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Converting Euro to Canadian

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    Official Currencies

    • The Euro is the official currency of the European Union. As of May 15, 2009, over one dozen European countries recognized the Euro as official currency, including Germany, France, Italy, and Spain. The Canadian dollar is the official currency of Canada.

    Currency Histories

    • The Euro was introduced to world financial markets on January 1, 1999, and as of November 2008 possessed a greater value of cash in circulation than any other currency. The Canadian dollar is significantly older than the Euro -- its official launch occurred on January 1, 1858.

    Conversion Resources

    • To convert from Euros to Canadian dollars, you must know the official exchange rate. Exchange rates change everyday, so it is important to get the latest, official rate. A great resource for official exchange rates is Oanda.com.

    How to Convert

    • On July 7, 2009, the exchange rate was 1 Canadian dollar = 0.61696 Euros, or 1 Euro = 1.62086 Canadian dollars. If you have x number of Canadian dollars, simply multiply by 0.61696 to find out the value in Euros. If you have x number of Euros, simply multiply by 1.62086 to find the value in Canadian dollars.

    Quick and Easy

    • The fastest, easiest way to convert between currencies is to use an online currency calculator. By going online, you ensure that you are using the latest, official exchange rates. There are any number of online currency calculators that will do the trick---Oanda.com has a particularly good one.

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