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AUD to CAD Forecasts – Australian dollar to Canadian dollar

Latest AUD to CAD forecasts including bank predictions, key market drivers and recent trends for AUD/CAD. See where analysts expect the pair to move and the factors likely to influence it.

 

AUD to CAD Forecast & Outlook

03 Jul 2026 • 00:25 GMT

AUD/CAD 0.9814

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 0.9770 – 0.9950
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, AUD/CAD is trading near its 3-month average within a stable range, held down by risk-off sentiment. My analysis suggests a short-term bias towards a decrease as risk aversion and commodities remain under pressure. Near-term conditions may keep the pair supported by cautious risk conditions but could face downward pressure if global risk sentiment worsens further.

💸 Transfer implications

  • Expats: sending money to Canada may find conversions less favourable than recent levels.
  • Travellers: buying CAD cash might see limited improvement in exchange rates.
  • Businesses: paying CAD invoices with AUD could face increased costs if the pair declines.

🧭 Key drivers

  • Rate gap: The RBA remains neutral, while the Bank of Canada options are more weighted towards easing, widening the gap.
  • Risk/commodities: Risk-off flows are supported, and lower oil prices continue to exert downward pressure on CAD.
  • Global factors: US Fed policy expectations and risk sentiment are supporting safe havens, pressuring risk-sensitive currencies.

⚠️ What could change it

  • Upside risk: A shift to risk-on sentiment or commodities rally could push the pair higher.
  • Downside risk: A worsening of global risk conditions or further oil price declines could deepen the bias towards a weaker AUD.

BER suggests comparing FX providers to find lower margins, which can help offset less favourable exchange conditions.

 

AUDCAD Bank Forecasts to end of the year

The forecasts for AUDCAD through the end of the year show a range of views. UBS suggests a tactical opportunity to go long on AUDCAD with a target of 1.01, driven by divergent monetary policies with the RBA's hawkish stance contrasting the BoC's neutral position. However, Scotiabank and TD Securities provide projections that imply a gradual strengthening of the Canadian dollar against the US dollar, which could indirectly affect AUDCAD.

Big bank views

  • UBS recommends going long on AUDCAD, targeting 1.01, due to RBA's hawkish stance versus BoC's neutral position.
  • Scotiabank suggests USDCAD at 1.33 by year-end, which implies a stronger Canadian dollar.
  • TD Securities sees USDCAD drifting towards 1.34, indicating potential Canadian dollar strength.

What could change the outlook

  • A shift in the RBA or BoC's monetary policy stance could significantly influence the AUDCAD trajectory.
  • Volatility in global commodity prices, particularly oil, could impact the Canadian dollar and alter forecasts.
 

AUD-CAD Rate Calculator

 
 
   
   
   
   
   
 
 

AUD to CAD Market Data

Australian dollar (AUD) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell AUD   →   Buy CAD
1 AUD =
0.9840We compare provider deals to this wholesale mid-market rate. Read more
CAD
1d+0.1%▲
AUD to CAD at 0.9814 is near its 3-month average, having traded in a very stable 3.6% range from 0.9602 to 0.9948
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  1 CAD = 1.0163 AUD

Compare & Save - Australian dollar to Canadian dollar

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Australian dollar (AUD) to Canadian dollar (CAD) rates from different sources before making a conversion.

Use our AUD to CAD calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Aussie to Loonie currency rates and the possible savings of using various providers.

 
 

Will the Australian dollar rise against the Canadian dollar?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Australian dollar vs Canadian dollar current value is to look the AUD/CAD historic rate and change over a range of periods.

The following table looks at the change in the AUD to CAD exchange rate over periods from the previous week back to the last 10 years.

DateAUD/CADChangePeriod
19 Jun 2026
0.9928
1% ▼2 Week
04 Apr 2026
0.9615
2.2% ▲3 Month
03 Jul 2025
0.8928
10.1% ▲1 Year
04 Jul 2021
0.9271
6% ▲5 Year
05 Jul 2016
0.9668
1.7% ▲10 Year
08 Jul 2006
0.8345
17.8% ▲20 Year
AUD/CAD historic rates & change to 03-Jul-2026

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add AUD/CAD to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more