CAD to AUD 2026 Forecasts & Latest Rates

CAD to AUD Forecast & Outlook

29 Jul 2026 • 00:26 GMT

Forecast snapshot

Quick CAD/AUD forecast

Near-term bias⚪ Range-bound

Expected rangeN/A

Dominant driver🏦 Central bank policy divergence

3-month trend🟢 Uptrend

Currently, CAD/AUD is trading close to its 90-day average, supported by divergent monetary policy stances between the RBA and BoC. The pair remains within its recent mid-range, with the dominant driver being central bank policy differences. Near-term conditions suggest the pair may continue consolidating within this range until monetary outlooks clarify further.

💸 Transfer implications

Expats: sending money to Australia could find conversion rates more favourable than recent levels.
Travellers: exchanging AUD cash may see steady or slightly supportive conditions for AUD purchases.
Businesses: paying AUD invoices might experience stable exchange rates, with limited immediate cost changes.

🧭 Key drivers

Rate gap: The RBA's hawkish stance contrasts with the BoC's neutral, influencing valuation differentials.
Risk/commodities: Commodity prices, especially for resources, impact AUD as a risk-sensitive currency.
Global factors: Risk sentiment remains neutral, with geopolitical risks and US interest rate policy balancing each other.

⚠️ What could change it

Upside risk: A clearer signal of sustained RBA hawkishness could support AUD gains.
Downside risk: A sharp decline in global risk appetite or commodity prices might weaken AUD.

BER suggests comparing FX providers to help offset less favourable conditions and reduce total transfer costs.

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.

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CAD/AUD exchange-rate comparison Compare rates and typical FX costs

Rate direction

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 = AUD

1D+0.4%▲

CAD to AUD at 1.0166 is near its 3-month average, having traded in a very stable 2.2% range from 1.0052 to 1.0269

28-JUL 8PM-NY 29-JUL 1AM-LON 8AM-HK 10AM-SYD

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1 AUD = 0.9771 CAD

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.

Date	CAD/AUD	Change	Period
15 Jul 2026	1.0165	0.5% ▲	2 Week
30 Apr 2026	1.0227	0.1% ▼	3 Month
29 Jul 2025	1.1146	8.4% ▼	1 Year
30 Jul 2021	1.0917	6.4% ▼	5 Year
31 Jul 2016	1.0088	1.3% ▲	10 Year
03 Aug 2006	1.1675	12.5% ▼	20 Year

CAD/AUD historic rates & change to 29-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 CAD/AUD to your personalised Rate Tracker to track and benefit from currency movements.

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