Convert Canadian Dollar to Euro
Please provide values below to convert Canadian Dollar [CAD] to Euro [EUR], or Convert Euro to Canadian Dollar.
How to Convert Canadian Dollar to Euro
1 CAD = 1.59786560337751 EUR
Example: convert 15 CAD to EUR:
15 CAD = 15 × 1.59786560337751 EUR = 23.9679840506626 EUR
Canadian Dollar to Euro Conversion Table
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.