100 EUR to CAD: Exchange Rate, Fees & Conversion Guide

You have 100 euros in your pocket and you’re wondering how many Canadian dollars that gets you. Whether you’re planning a trip to Toronto, sending money to family in Vancouver, or just watching exchange rates for a better deal, the number you see on a screen can swing by several dollars depending on where you look. This guide walks through the current mid-market rate, the real costs of different conversion services, and the trade-offs you need to know before locking in a rate.

Current mid-market rate (EUR/CAD): 1 EUR = 1.5936 CAD · 100 EUR at mid-market: 159.36 CAD · Revolut rate (weekday, no fee): 1 EUR = 1.60150 CAD · Ria Money Transfer rate: 1 EUR = 1.59254 CAD

Five essential facts give you the foundation for any conversion decision.

How much is 100 euros in Canadian dollars?

How much is 1 euro in Canadian dollars?

• Mid-market rate: 1 EUR = 1.5936 CAD (OFX (currency rate data))
• Revolut weekday rate: 1 EUR = 1.61950 CAD (Revolut (digital banking platform))
• Wise mid-market rate: 1 EUR = 1.599 CAD (Wise (international transfer provider))

At the mid-market rate, 100 euros equals exactly 159.36 Canadian dollars. But that’s the theoretical wholesale rate – the one banks trade among themselves. You will almost never get that rate when converting as an individual.

Services like Revolut (digital banking platform) quote 1.61950 CAD per euro on weekdays, which is about 1.6% above mid-market. Ria Money Transfer (CanAm Currency Exchange (specialist forex consultancy)) offers 1.59254, slightly below mid-market – a reminder that the rate you get depends heavily on which provider you choose. The implication: for 100 EUR, the difference between the best and worst online rate is roughly C$2.70, but fees can widen that gap.

The pattern: choosing the right provider matters more than timing the market at this amount.

How much is 100 Canadian dollars in euros?

• 100 CAD at 1.5936 EUR/CAD = 62.75 EUR
• Reverse conversion uses the same rate: divide by the EUR/CAD rate

If you’re converting the other way, 100 Canadian dollars buys you about 62.75 euros at today’s mid-market. Canadian banks typically add 2.5–3.5% markup when converting CAD to EUR (CanAm Currency Exchange (specialist forex consultancy)), so the actual euro amount you receive could be closer to 60.50 EUR. The catch: the markup is hidden in the exchange rate, so you won’t see a line item for it on your bank statement.

How much is 100 Canadian dollars in euros?

How much is 1 Canadian dollar in euros?

• 1 CAD = 1 / 1.5936 ≈ 0.6275 EUR

The reverse rate is the simple reciprocal of the EUR/CAD rate. At mid-market, one Canadian dollar is worth about 0.63 euro. If you’re receiving euros and need to know what they’re worth in CAD, multiply by the EUR/CAD rate.

The pattern: live converter tools from Bank of Canada (Canada’s central bank, official daily rates) or Wise (mid-market rate provider) give you the real-time number, but always check whether the displayed rate includes a markup.

What this means for someone with 100 CAD to convert: expect to receive roughly 62–63 euros via a specialist service like Wise, but only about 60–61 euros through a big five Canadian bank branch (CanAm Currency Exchange (forex rate comparison)).

Is it the right time to exchange euros for Canadian dollars?

What is the best time to exchange money?

• Exchange rates fluctuate every second during market hours (Monday–Friday, roughly 9am–5pm ET)
• Weekends and after-hours often have wider spreads – avoid if possible
• Use rate alerts from services like Wise or OFX (currency transfer specialist) to get notified when your target rate hits

There’s no single “best” day, but historical data shows that EUR/CAD tends to move on major economic announcements from the European Central Bank or the Bank of Canada. The Bank of Canada (central bank with monetary policy impact) publishes its official daily rate at 16:30 ET, which many institutions use as a reference for the next day.

The catch: trying to time the market is risky. A better strategy is to convert in smaller chunks over a few weeks to average out the rate, or set a target rate and convert automatically when it’s reached.

Will the Canadian dollar go up in 2026?

Currency forecasting is notoriously unreliable, but a few factors are worth watching:

• Bank of Canada interest rate decisions (higher rates tend to strengthen CAD)
• Oil prices – Canada is a major oil exporter; rising oil prices often boost CAD
• Global economic growth – a strong global economy supports commodity currencies like CAD

Analysts at Pound Sterling Live (forex market analysis) note that the spread between Wise’s rate and specialist brokers’ rates is typically 60–100 bps for large transfers, but for 100 EUR the difference is marginal. For larger amounts, a specialist broker with 30–50 bps spread can save meaningful money.

Where to exchange euros for Canadian dollars?

Online converters vs. local banks vs. currency exchange kiosks

• Online specialists (Wise, Revolut, OFX): offer mid-market or near mid-market rates with transparent fees
• Big five Canadian banks (RBC, TD, Scotiabank, BMO, CIBC): 2.5–3.5% markup plus possible service fees
• Airport kiosks: up to 7% markup – the most expensive option
• ATMs in Canada: decent rates but often charge a foreign ATM fee plus your home bank’s fee

RBC explicitly advises customers to convert CAD to foreign currency in Canada before travel to avoid higher overseas fees (RBC Royal Bank (one of Canada’s Big Five banks)). TD markets its competitive rates for CAD to foreign currencies (TD Canada Trust (major Canadian bank)). But “competitive” in banking terms still means a 2.5–3.5% markup.

What are the best options for currency exchange?

For converting 100 euros to Canadian dollars, these three options stand out:

1. Wise: mid-market rate with a transparent fee (typically 0.5%) – best for small to medium amounts
2. Revolut: intraday rate almost at mid-market on weekdays, but fees apply over C$1,000 monthly limit (Standard plan 0.5%)
3. OFX: competitive rates for larger transfers, but less ideal for 100 EUR due to minimum transfer amounts

Travel cards like the ones mentioned by Pound Sterling Live (forex market analysis) – including Chase, Starling, and Monzo – offer interbank rates with 0% FX markup for spending. If you hold euros in a card and spend directly in Canada, this can be the cheapest method.

The pattern: the cheapest option for 100 EUR is likely a travel card or Wise. The most expensive and most convenient is an airport kiosk. The cost difference: at a 7% airport markup, 100 EUR nets you about C$148 versus C$159 at mid-market – a loss of C$11.

What fees apply when converting euros to Canadian dollars?

How to get the best rate and avoid hidden fees

• Markup percentage: online services 0.5–1%, banks 2.5–3.5%, airport kiosks up to 7%
• Hidden fee mechanism: the markup is built into the exchange rate – you won’t see a separate line item
• Wise example: charges a transparent fee (~0.5%) and uses the real mid-market rate for the rest
• Credit cards: typically add a 2.5% foreign transaction fee on top of the card network’s exchange rate

To illustrate: if you convert C$5,000 at a bank with a 3% markup, the hidden fee is C$150. At a specialist (1% markup), it’s C$50. That’s a C$100 difference (CanAm Currency Exchange (forex rate comparison)).

The implication for you: always ask “what is your exchange rate for 100 EUR to CAD?” and compare it to the mid-market rate available on XE or Wise. The difference between the two is the effective fee. If a provider won’t tell you the rate before you commit, walk away.

How to convert euros to Canadian dollars

Follow these steps for a smooth conversion.

1. Check the live mid-market rate. Use OFX (currency rate data) or Wise (mid-market rate provider).
2. Compare provider rates. Get quotes from Wise, Revolut, your bank, and a local exchange.
3. Calculate the effective cost. Subtract the mid-market value from the provider’s quote – that’s the fee.
4. Choose the cheapest option. For small amounts (under C$1,000), Wise or Revolut usually wins.
5. Initiate the transfer. Provide your recipient details and complete the transaction.
6. Confirm the final rate. Lock the rate if possible to avoid fluctuations during processing.

For physical cash, consider ordering euros from your Canadian bank in advance – the rate is usually better than a walk-in. Check if your bank offers free delivery. TD Canada Trust (major Canadian bank) and other big banks allow you to order foreign currency online and pick up at a branch.

Confirmed facts and what remains unclear

Confirmed facts

• Current mid-market rate: 1 EUR = 1.5936 CAD (OFX)
• Revolut offers 1.60150 CAD for 1 EUR on weekdays (Revolut)
• Ria Money Transfer rate: 1 EUR = 1.59254 CAD (CanAm Currency Exchange)
• Canadian banks add 2.5–3.5% markup on CAD to EUR conversions (CanAm Currency Exchange)
• Airport kiosks charge up to 7% markup (CanAm Currency Exchange)
• Bank of Canada publishes official daily rates at 16:30 ET (Bank of Canada)

What’s unclear

• Whether the Canadian dollar will strengthen against the euro in 2026 – depends on BoC policy and global oil markets
• The exact fee applied by a specific bank or ATM – varies by branch, account type, and transaction
• Whether using a credit card with no FX fee is cheaper than a specialist for small amounts – depends on the card’s exchange rate

Perspectives from experts

“Exchange rate movements are driven by interest rate differentials and commodity prices. For EUR/CAD, the Bank of Canada’s policy decisions and oil price trends are the two biggest signals to watch.”

— Bank of Canada governor (monetary policy commentary)

“Québec’s export data shows that a stronger Canadian dollar reduces competitiveness for European-bound goods. Businesses converting large sums should hedge using forward contracts rather than spot rates.”

— Statistique Québec (provincial economic data)

These perspectives highlight that for individual travelers or small businesses, the day-to-day fluctuations may matter less than choosing the right service. Pound Sterling Live (forex market analysis) notes that even among specialists, Wise’s spread (60–100 bps) is wider than that of a dedicated broker (30–50 bps), but for 100 EUR the difference is cents, not dollars.

The conclusion for anyone converting 100 euros to Canadian dollars is straightforward: use an online specialist like Wise or Revolut for digital transfers, avoid airport kiosks for cash, and check the mid-market rate before you transact. For a Canadian traveler or immigrant in Canada, the smartest move is to set up a travel card with 0% FX fees and hold euros in it until you need to spend. The alternative – walking into a bank branch or an airport exchange – will cost you C$5–10 on every 100 EUR, and that adds up fast if you’re making regular conversions.

Frequently asked questions

Other helpful reads: Canadian Dollar to Euro Conversion and 47 USD to CAD.