EURCAD

EURCAD • Forex

Current Price: 1.56462

About Euro - Canadian Dollar

The Euro vs. the Canadian Dollar. The Euro is the second most popular reserve currency in the world and is considered to be very stable. The Canadian dollar is the seventh most commonly traded currency in the world and is highly dependent on Canada’s exporting of its natural resources, especially oil.

How is EURCAD exchange rate calculated?
The value of the EURCAD pair is quoted as 1 EUR per x CAD. For example, if the pair is trading at 1.50, it means it takes 1.5 CAD to buy 1 EUR.

What is EURCAD volatility?
The term volatility describes the risk related to the changes in an asset's value. EURCAD has the volatility rating of 0.73%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.

What kind of pair EURCAD?
EURCAD is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.