AUD to CAD Forecast & Outlook
15 Aug 2026 • 00:32 GMT
Quick AUD/CAD forecast
Currently, AUD/CAD is trading close to its 14-day lows near 0.9822, holding just below its 3-month average. The pair’s decline is supported by a widening rate differential, with Australian interest rates remaining lower than those in Canada. Risk-off sentiment and weaker commodity prices, especially oil, further pressure the AUD. Near-term conditions suggest the pair may face modest downside pressure if risk appetite remains subdued, but current levels could be supported if global risk conditions improve.
💸 Transfer implications
- Expats: sending money to Canada using AUD may find conditions slightly less favourable than recent levels.
- Travellers: exchanging AUD for CAD might see exchange rates supported by ongoing risk-off flows.
- Businesses: paying CAD invoices in AUD could face some pressure on exchange rates if risk conditions persist.
🧭 Key drivers
- Rate gap: Australian yields are lower than Canadian rates, supporting a weaker AUD.
- Risk/commodities: Risk-off flows and lower oil prices continue to weigh on the Australian currency.
- Global factors: Global risk-off mood driven by geopolitical or economic concerns remains influential.
⚠️ What could change it
- Upside risk: A sudden improvement in global risk appetite or commodity prices could support the AUD.
- Downside risk: A sharper deterioration in risk conditions or further oil price declines could deepen the pair’s weakness.
BER suggests shopping around for the lowest margin provider may help reduce overall transfer costs. Comparing FX providers can help offset less favourable exchange conditions. Finding providers with lower margins can also reduce total transfer costs.