EUR/CAD

About EUR/CAD

EUR (Euro)
Currency unit of Eurozone which includes 18 leading countries of Europe. The second world’s reserve currency after US dollar in order of importance.
Issued by: European Central Bank (ECB)
Price dynamics depends on the interest rates of ECB, inflation and growth rates of the region’s economy.

CAD (Canadian dollar)
Currency unit of Canada. It belongs to a group of commodity currencies
Issued by: Bank of Canada
Price dynamics mainly depends on the oil prices, interest rates of Bank of Canada, inflation and growth rates of Canadian economy.