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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

    13 Aug 2026 • 00:26 GMT

    CAD/AUD 1.0154

    Forecast snapshot

    Quick CAD/AUD forecast

    Near-term bias🔴 Mild downside
    Expected range1.0070 – 1.0250
    Dominant driver🌍 Global risk sentiment
    3-month trend⚪ Range-bound

    Currently, CAD/AUD is trading near its 3-month average at 1.0154 within a stable range. The pair’s recent move is influenced by global risk sentiment and trade uncertainties, with risk-off conditions supporting safe-haven currencies. Over the next few sessions, the pair may face pressure if risk-off conditions persist, maintaining a downside bias within its recent range.

    💸 Transfer implications

    • Expatriates sending money to Australia may find conditions slightly less favourable than recent levels.
    • Travellers: exchanging currency could encounter marginally weaker Australian Dollar rates.
    • Businesses: paying overseas invoices in AUD might see less advantageous conversions compared to recent periods.

    🧭 Key drivers

    • Rate gap: The Canadian dollar’s policy stance remains unclear, but a neutral or slightly easing bias pressures the pair.
    • Risk/commodities: Risk-off sentiment supports the Canadian dollar while AUD remains sensitive to US interest rate expectations and geopolitical risks.
    • Global factors: Oil prices, a key driver of the Canadian dollar, continue to influence the pair’s direction amid trade uncertainty.

    ⚠️ What could change it

    • Upside risk: A potential easing in risk-off sentiment or a shift in global trade conditions.
    • Downside risk: Increased geopolitical tensions or a sharp decline in oil prices could weaken the Canadian dollar further.

    BER suggests comparing FX providers to help offset less favourable exchange conditions and potentially 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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    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 =
    1.0167We compare provider deals to this wholesale mid-market rate. Read more
    AUD
    1D−0.2%
    CAD to AUD at 1.0154 is near its 3-month average, having traded in a stable 1.8% range from 1.0063 to 1.0249
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    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
    30 Jul 2026
    1.0158
    0.1% 2 Week
    15 May 2026
    1.0168
    0% 3 Month
    13 Aug 2025
    1.1099
    8.4% 1 Year
    14 Aug 2021
    1.0845
    6.2% 5 Year
    15 Aug 2016
    1.0071
    1% 10 Year
    18 Aug 2006
    1.1733
    13.3% 20 Year
    CAD/AUD historic rates & change to 13-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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