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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

12 Jun 2026 • 00:26 GMT

AUD/CAD 0.9845

📊 Forecast snapshot

  • Near-term bias: ⚪ Range-bound
  • Expected range: 0.9630 – 0.9920
  • Dominant driver: ⚖️ Interest-rate differentials
  • 3-month trend: 🟢 Uptrend

Currently, AUD/CAD is trading close to its 90-day average and remains within a narrow range, supported by the rate differential. The pair is consolidating within recent levels, with the dominant driver being the policy gap between Australia’s relatively stable rates and Canada’s dovish stance. Over the next few sessions, the pair may remain supported by these policy settings and stable risk appetite, keeping the range-bound pattern intact.

💸 Transfer implications

  • Expats: sending money to Canada may find current conditions slightly more favourable than recent levels.
  • Travellers: buying CAD cash or loading currency cards might see no significant change in exchange rates.
  • Businesses: paying Canadian invoices in AUD could experience stable costs but should monitor potential shifts if policy or risk sentiment changes.

🧭 Key drivers

  • Rate gap: Australia’s interest rate policies remain stable, while Canada’s rates are held at 2.25%, keeping the rate differential broadly unchanged.
  • Risk/commodities: Commodity prices, notably oil, support the AUD, while risk sentiment remains neutral.
  • Global factors: Global economic growth remains steady, supported by commodity demand, with no major geopolitical shifts expected soon.

⚠️ What could change it

  • Upside risk: A hawkish shift by the Reserve Bank of Australia could pull the pair higher.
  • Downside risk: Any deterioration in global risk appetite or critical oil price declines could weaken the AUD relative to the CAD.

BER suggests shopping around for the lowest margin provider may help reduce overall transfer costs, and comparing FX providers can help offset less favourable exchange conditions.

 

AUDCAD Bank Forecasts to end of the year

The long-term outlook for AUDCAD is mixed as it approaches the end of 2026. The National Australia Bank (NAB) sees the pair rising to 0.94 by mid-2026, which suggests room for appreciation through the end of the year, supported by ongoing rate hikes from the Reserve Bank of Australia. However, Scotiabank's lack of a specific AUDCAD outlook implies that the Canadian dollar's weakness, driven by Canada's economic challenges, could complicate the forecast landscape.

Big bank views

  • NAB projects AUDCAD at 0.94 by mid-2026, suggesting an end-of-year increase.
  • Scotiabank does not provide a direct AUDCAD forecast but highlights CAD's downward pressure.
  • Overall forecasts for AUDCAD are mixed, reflecting diverging economic factors in Australia and Canada.

What could change the outlook

  • Any additional rate hikes by the Reserve Bank of Australia could further bolster the AUD.
  • Economic recovery signs in Canada could strengthen the CAD and alter current 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 =
0.9837We compare provider deals to this wholesale mid-market rate. Read more
CAD
1d+0.9%
AUD to CAD at 0.9845 is just 0.7% above its 3-month average of 0.9774, having traded in a quite stable 4.3% range from 0.9534 to 0.9948
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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
29 May 2026
0.9930
1% 2 Week
14 Mar 2026
0.9652
1.9% 3 Month
12 Jun 2025
0.8875
10.8% 1 Year
13 Jun 2021
0.9372
4.9% 5 Year
14 Jun 2016
0.9445
4.1% 10 Year
17 Jun 2006
0.8282
18.8% 20 Year
AUD/CAD historic rates & change to 12-Jun-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