Prices for EURCAD Euro Canadian Dollar including live quotes, historical charts and news. EURCAD Euro Canadian Dollar was last updated by Trading Economics this December 2 of 2025.

Canada Foreign Exchange Rate: Daily Average: European Euro data was reported at 1.625 EUR/CAD in Nov 2025. This records a decrease from the previous number of 1.629 EUR/CAD for Oct 2025. Canada Foreign Exchange Rate: Daily Average: European Euro data is updated monthly, averaging 1.472 EUR/CAD from Jan 2017 (Median) to Nov 2025, with 107 observations. The data reached an all-time high of 1.629 EUR/CAD in Oct 2025 and a record low of 1.308 EUR/CAD in Aug 2022. Canada Foreign Exchange Rate: Daily Average: European Euro data remains active status in CEIC and is reported by Bank of Canada. The data is categorized under Global Database’s Canada – Table CA.M: Foreign Exchange Rate.

This table contains 45 series, with data for years 1950 - 2015 (not all combinations necessarily have data for all years), and was last released on 2016-01-05. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Type of currency (45 items: United States dollar; noon spot rate; average; Danish krone; noon spot rate; average; French franc; noon spot rate; average; Belgian franc; noon spot rate; average ...).

Daily EUR to CAD open, high, low, close and mid rates for the calendar year 2023.

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Foreign Exchange Market Size 2025-2029

The foreign exchange market size is valued to increase by USD 582 billion, at a CAGR of 10.6% from 2024 to 2029. Growing urbanization and digitalization will drive the foreign exchange market.

Major Market Trends & Insights

Europe dominated the market and accounted for a 47% growth during the forecast period.
By Type - Reporting dealers segment was valued at USD 278.60 billion in 2023
By Trade Finance Instruments - Currency swaps segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 118.14 billion
Market Future Opportunities: USD 582.00 billion
CAGR from 2024 to 2029 : 10.6%

Market Summary

The market, a dynamic and intricate web of financial transactions, plays a pivotal role in facilitating global trade and economic interactions. Its primary function is to enable the conversion of one currency into another, thereby mitigating the risk of currency fluctuations for businesses and investors. Key drivers of this market include growing urbanization and digitalization, which have expanded trading opportunities to a 24x7 global economy. However, the uncertainty of future exchange rates poses a significant challenge, necessitating effective risk management strategies. The market's evolution reflects the increasing interconnectedness of the global economy. Transactions occur in a decentralized, over-the-counter system, with major trading centers in London, New York, and Tokyo.
Participants include commercial banks, investment banks, hedge funds, and individual investors, all seeking to capitalize on price differences between currencies. Trends shaping the market include the increasing use of automation and artificial intelligence to analyze market data and execute trades. Regulatory changes, such as the introduction of stricter capital requirements, also impact the market's functioning. Looking ahead, the market is expected to remain a vital component of the global financial landscape, with continued growth driven by increased trade and economic interdependence. However, challenges, such as regulatory changes and geopolitical risks, will necessitate adaptability and innovation from market participants.

What will be the Size of the Foreign Exchange Market during the forecast period?

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How is the Foreign Exchange Market Segmented ?

The foreign exchange industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Reporting dealers
  Financial institutions
  Non-financial customers


Trade Finance Instruments

  Currency swaps
  Outright forward and FX swaps
  FX options


Trading Platforms

  Electronic Trading
  Over-the-Counter (OTC)
  Mobile Trading


Geography

  North America

    US
    Canada


  Europe

    Germany
    Switzerland
    UK


  Middle East and Africa

    UAE


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Type Insights

The reporting dealers segment is estimated to witness significant growth during the forecast period.

The market, a dynamic and ever-evolving financial landscape, is characterized by constant activity and intricate patterns. Participants engage in various trading strategies, employing advanced tools such as stop-loss and take-profit orders on forex trading platforms. Real-time data feeds and order book dynamics facilitate trade execution speed, while market microstructure and slippage minimization techniques ensure efficient transactions. Currency correlation analysis and transaction cost analysis are integral to informed decision-making, with backtesting methodologies providing valuable insights. Currency forwards contracts, position sizing techniques, and forex derivatives pricing are essential components of risk management systems. Carry trade strategies, hedging strategies, and interest rate parity are popular tactics employed by market participants.

Algorithmic trading strategies, driven by options pricing models and trading algorithms' efficiency, significantly influence price discovery mechanisms. High-frequency trading and volatility modeling contribute to the market's liquidity risk management, while foreign exchange swaps and currency option valuation help manage risk. The market's complexities necessitate sophisticated risk management systems and intricate order routing optimization. Global payments systems facilitate the smooth transfer of funds, and liquidity risk management remains a critical concern for market participants. According to recent studies, The market is estimated to account for approximately USD6 trillion in daily trading volume, und

This dataset offers a comprehensive view of daily currency exchange rates, from 2008 to 2023. Currency rates can be affected by various factors, including interest rates, inflation, political instability, economic performance, and global market developments. Understanding these rates over time can provide valuable insights into economic trends, market behaviors, and the impacts of global events on currency values.

The currency pairs included in this dataset are: USD to INR (INR=X) USD to JPY (JPY=X) USD to EUR (EUR=X) USD to GBP (GBP=X) USD to AUD (AUD=X) USD to CAD (CAD=X) USD to CHF (CHF=X) USD to CNY (CNY=X) USD to HKD (HKD=X) USD to SGD (SGD=X)

Each row in the dataset represents a single day and includes the following columns:

Ticker: The currency pair being represented. Date: The date in YYYY-MM-DD format. Open: The opening exchange rate of the day. High: The highest exchange rate of the day. Low: The lowest exchange rate of the day. Close: The closing exchange rate of the day. Adj Close: The adjusted closing exchange rate of the day. Volume: The volume of the currency traded on that day.

Usage: This dataset could be useful for a variety of purposes, including but not limited to:

Economic research: Analyze currency trends over time to understand economic behaviors. Financial modeling: Use historical data to forecast future currency rates. Machine learning: Develop predictive models for currency exchange rates. Teaching: An excellent resource for educators in finance and economics.

A graphic that displays the dollar performance against other currencies reveals that economic developments had mixed results on currency exchanges. The third quarter of 2023 marked a period of disinflation in the euro area, while China's projected growth was projected to go up. The United States economy was said to have a relatively strong performance in Q3 2023, although growing capital market interest rate and the resumption of student loan repayments might dampen this growth at the end of 2023. A relatively weak Japanese yen Q3 2023 saw pressure from investors towards Japanese authorities on how they would respond to the situation surrounding the Japanese yen. The USD/JPY rate was close to ***, whereas analysts suspected it should be around ** given the country's purchase power parity. The main reason for this disparity is said to be the differences in central bank interest rates between the United States, the euro area, and Japan. Any future aggressive changes from, especially the U.S. Fed might lower those differences. Financial markets responded somewhat disappoint when Japan did not announce major plans to tackle the situation. Potential rent decreases in 2024 Central bank rates peak in 2023, although it is expected that some of these will decline in early 2024. That said, analysts expect overall policies will remain restrictive. For example, the Bank of England's interest rate remained unchanged at **** percent in Q3 2023. It is believed the United Kingdom's central bank will ease its interest rate in 2024 but less than either the U.S. Fed or the European Central Bank. This should be a positive development for the pound compared to either the euro or the dollar.

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Expense Management Software Market Size 2025-2029

The expense management software market size is valued to increase USD 7.5 billion, at a CAGR of 16.2% from 2024 to 2029. Increasing adoption of cloud-based solutions will drive the expense management software market.

Major Market Trends & Insights

North America dominated the market and accounted for a 44% growth during the forecast period.
By Component - Solution segment was valued at USD 3.74 billion in 2023
By Application - Large enterprises segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 214.85 million
Market Future Opportunities: USD 7499.20 million
CAGR from 2024 to 2029 : 16.2%

Market Summary

In the dynamic business landscape, the market has experienced significant growth, reaching a value of USD 7.5 billion in 2021. This expansion is driven by the increasing adoption of cloud-based solutions, enabling real-time data access and streamlined workflows for businesses. Furthermore, the integration of artificial intelligence (AI) and machine learning (ML) technologies enhances expense tracking, categorization, and approval processes. However, this market's growth is not without challenges.
Security and privacy concerns remain a priority, as companies seek to protect sensitive financial data. Despite these hurdles, the future of expense management software lies in continuous innovation, delivering advanced functionality and user-friendly interfaces to meet the evolving needs of businesses.

What will be the Size of the Expense Management Software Market during the forecast period?

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How is the Expense Management Software Market Segmented ?

The expense management software industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Component

  Solution
  Service


Application

  Large enterprises
  SMEs


Deployment

  Cloud-based
  On-premises


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    Spain
    UK


  APAC

    China
    India
    Japan


  Rest of World (ROW)

By Component Insights

The solution segment is estimated to witness significant growth during the forecast period.

The market is experiencing robust growth as businesses seek to streamline their financial operations. This market encompasses a diverse range of solutions, collectively referred to as expense management software-as-a-service, which can be broadly categorized into cloud-based and on-premises systems. Cloud-based solutions, which run on external servers and offer features like mobile expense submission, real-time expense visibility, and automated reconciliation, are increasingly popular due to their flexibility and ease of use. Meanwhile, on-premises solutions, installed locally, provide organizations with greater control over their data and offer advanced features such as customizable expense reports, accounting software integration, and compliance reporting tools.

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The Solution segment was valued at USD 3.74 billion in 2019 and showed a gradual increase during the forecast period.

The market includes a rich array of applications, including invoice processing software, travel expense management, purchase order management, contract management systems, and more. The expansion is driven by factors such as the need for fraud detection algorithms, approval workflow automation, and data encryption methods, as well as the increasing adoption of automated receipt capture technology and multi-currency support. Additionally, the integration of corporate card systems, payment processing, and data analytics dashboards further enhances the value proposition of these solutions.

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Regional Analysis

North America is estimated to contribute 44% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in North America is experiencing significant growth due to the increasing adoption of this technology by enterprises in various sectors, including banking, financial services, and insurance (BFSI). These businesses implement expense management software to streamline the reimbursement process and ensure efficient auditing, leading to cost savings. In the US, for instance, banks use this software to minimize expenses related to hard copies of expense statements. Furthermore, the prevalence of mobile apps in expense management solutions and the pre

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Currency Counting Machine Market Size 2025-2029

The currency counting machine market size is forecast to increase by USD 961.6 million at a CAGR of 16.6% between 2024 and 2029.

The market is experiencing significant growth due to the increasing prevalence of counterfeit currency and the growing need for weight-based currency counting machines. With the rise in cashless transactions, the number of card transactions has increased, leading businesses to prioritize the efficient handling of cash. This trend is particularly prominent in regions with high cash usage and a significant presence of bank notes. Key drivers for the market include the need for increased security against counterfeit currency, the growing preference for automated currency handling solutions, and the increasing demand for high-speed and high-capacity currency counting machines.
However, challenges such as the high initial investment cost and the need for regular maintenance and calibration persist. To capitalize on market opportunities, companies in the market should focus on developing innovative solutions that address the challenges of counterfeit currency and offer advanced features such as high-speed counting, weight-based sorting, and integration with cash recycling systems. Additionally, partnerships and collaborations with financial institutions, retailers, and government organizations can provide significant growth opportunities. The market is poised for growth due to the increasing need for security against counterfeit currency and the growing preference for automated currency handling solutions.
Companies seeking to capitalize on market opportunities should focus on developing innovative solutions that address market challenges and offer advanced features. Effective operational planning and strategic partnerships will be crucial for navigating the competitive landscape and maintaining a strong market position.

What will be the Size of the Currency Counting Machine Market during the forecast period?

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The market encompasses automated systems designed for the efficient processing of various forms of currency, including banknotes and coins. This market experiences significant growth due to the increasing prevalence of digital payments and the ongoing exchange of cash in financial transactions. Counterfeit notes pose a persistent challenge, necessitating advanced counterfeit currency detection technologies such as optical inspection and image processing. Financial inclusion and the expansion of small finance banks and commercial banks contribute to the market's expansion. These institutions rely on currency counting machines to streamline cash handling and banking operations, ensuring counting accuracy and operational efficiency.

How is this Currency Counting Machine Industry segmented?

The currency counting machine industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  BFSI
  Retail
  Commercial


Type

  Basic note counter
  Hi-speed heavy duty cash counting
  Intelligent counting cum counterfeit detection machines


Capacity

  Low capacity
  Medium capacity
  High capacity


Geography

  APAC

    China
    India
    Japan
    South Korea


  Europe

    France
    Germany
    Italy
    UK


  North America

    US
    Canada


  South America



  Middle East and Africa

By End-user Insights

The BFSI segment is estimated to witness significant growth during the forecast period. The market plays a significant role in the banking, financial services, and insurance (BFSI) sector by automating cash handling processes, ensuring accuracy, and enhancing security. Cummins Allison Corporation is a leading provider of currency counting machines, offering advanced features such as high-speed counting, counterfeit detection, and multi-currency capability for BFSI institutions. Driving factors for the adoption of currency counting machines in this sector include the need for increased efficiency in cash handling processes, the rising volume of cash transactions, and stringent security measures to combat counterfeiting and fraud. Retail stores, commercial organizations, and financial institutions, including small finance banks and commercial banks, benefit from the automated system's accuracy and security.

Despite the benefits, security concerns, such as loose notes, bundle notes, and weight-based machines, remain a challenge for the market. Governmental regulations and the increasing production of polymer-based banknotes also impact the market's growth. Currency counting machines remain a crucial tool for the BFSI sector, offering increased efficiency, accuracy, and security in cash handling processes.

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