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CAD to AUD Forecasts – Canadian dollar to Australian dollar

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

 

CAD to AUD Forecast & Outlook

29 May 2026 • 00:26 GMT

CAD/AUD 1.0129

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 0.9880 – 1.0130
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, CAD/AUD is trading close to recent lows within its 4.7% range, holding near 1.013. The pair is supported by the risk-off environment, and risk sentiment remains a dominant influence. Over the next few sessions, the pair may face pressure if risk conditions persist, pushing the rate lower within its recent range.

💸 Transfer implications

  • Expats: sending money to Australia might find their CAD buys fewer AUD if the pair continues to weaken.
  • Travellers: exchanging CAD for AUD may encounter less favourable rates if declines persist.
  • Businesses: paying Australian invoices could see their costs increase if the pair trends further down.

🧭 Key drivers

  • Rate gap: The rate gap favors the CAD, with the pair trading below its 3-month average, reflecting a neutral to slightly negative yield differential.
  • Risk/commodities: A risk-off stance supports the CAD while pressuring AUD amid geopolitical tensions and slowing global growth.
  • Global factors: Market sentiment remains risk-averse, with safe-haven currencies like the USD and JPY finding support.

⚠️ What could change it

  • Upside risk: Increased risk appetite or easing geopolitical tensions could improve the pair, fostering a stronger AUD.
  • Downside risk: Continued risk-off conditions or commodity price drops might deepen the pair’s decline.

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

CAD-AUD Rate Calculator

 
 
   
   
   
   
   
 
 

CAD to AUD Market Data

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

 
Sell CAD   →   Buy AUD
1 CAD =
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AUD
1d+0.1%▲
CAD to AUD at 1.0129 is 1.4% below its 3-month average of 1.0268, having traded in a quite stable 4.7% range from 1.0052 to 1.0527
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  1 AUD = 0.9912 CAD

Compare & Save - Canadian dollar to Australian dollar

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

Use our CAD to AUD 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 Loonie to Aussie currency rates and the possible savings of using various providers.

 
 

Will the Canadian dollar rise against the Australian dollar?

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

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

DateCAD/AUDChangePeriod
15 May 2026
1.0168
0.3% ▼2 Week
28 Feb 2026
1.0296
1.6% ▼3 Month
29 May 2025
1.1239
9.8% ▼1 Year
30 May 2021
1.0741
5.6% ▼5 Year
31 May 2016
1.0568
4.1% ▼10 Year
03 Jun 2006
1.2108
16.3% ▼20 Year
CAD/AUD historic rates & change to 29-May-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 CAD/AUD 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