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    Currency outlook CAD/AUD

    CAD to AUD Forecast & Outlook

    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

    11 Aug 2026 • 00:26 GMT

    CAD/AUD 1.0173

    Forecast snapshot

    Quick CAD/AUD forecast

    Near-term bias🔴 Mild downside
    Expected range1.0070 – 1.0250
    Dominant driver⚖️ Interest-rate differentials
    3-month trend🟢 Uptrend

    Currently, CAD/AUD is trading close to recent highs near 1.0173, just above its 3-month average. The dominant driver is the rate differential, with the Canadian dollar supported by narrow policy gaps. Risk-off conditions are also helping the CAD stabilize, while global risk aversion has limited risk-sensitive currencies like the AUD. Near-term, conditions suggest CAD/AUD may face pressure if risk sentiment continues to favor safe havens; the pair could fluctuate within its recent range.

    💸 Transfer implications

    • Expats: sending money to Australia may find transfers slightly less favourable than recent levels.
    • Travellers: exchanging cash or loading currency cards might see limited improvement in rates.
    • Businesses: paying Australian dollar invoices using CAD could experience less advantageous exchange rates.

    🧭 Key drivers

    • Rate gap: The Canadian dollar's policy stance remains neutral, while the RBA hints at a more hawkish bias, keeping the rate differential in focus.
    • Risk/commodities: Elevated risk aversion and stable oil prices support the CAD amid safe-haven flows.
    • Global factors: Broader risk-off sentiment and US dollar strength continue to support defensive currencies.

    ⚠️ What could change it

    • Upside risk: A further escalation of risk aversion could strengthen safe-havens, pressuring CAD/AUD lower.
    • Downside risk: A rally in oil prices or easing risk sentiment could bolster the Canadian dollar, reversing recent weakness.

    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.

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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 =
    1.0173We compare provider deals to this wholesale mid-market rate. Read more
    AUD
    1D+0.3%▲
    CAD to AUD is at 7-day highs near 1.0173, just above its 3-month average, having traded in a stable 2.0% range from 1.0052 to 1.0249
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      1 AUD = 0.9830 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.

    DateCAD/AUDChangePeriod
    28 Jul 2026
    1.0163
    		0.1% ▲2 Week
    13 May 2026
    1.0057
    		1.1% ▲3 Month
    11 Aug 2025
    1.1144
    		8.7% ▼1 Year
    12 Aug 2021
    1.0880
    		6.5% ▼5 Year
    13 Aug 2016
    1.0086
    		0.8% ▲10 Year
    16 Aug 2006
    1.1654
    		12.7% ▼20 Year
    CAD/AUD historic rates & change to 11-Aug-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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