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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

04 Jul 2026 • 00:26 GMT

CAD/AUD 1.0162

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 1.0160 – 1.0410
  • Dominant driver: 🏦 Central bank policy divergence
  • 3-month trend: 🟢 Uptrend

Currently, CAD/AUD is trading near its 3-month range high, supported by risk-off flows and a divergence in monetary policy. The pair’s current position suggests it may face pressure and consolidate within its recent range. Near-term conditions point to a potential slight weakening of the Canadian dollar relative to Australian dollar, especially if risk sentiment remains cautious.

💸 Transfer implications

  • Expats: sending money to Australia may find more favourable rates if the pair declines further.
  • Travellers: exchanging currency might encounter less favourable conditions if the pair drops from current levels.
  • Businesses: paying overseas Australian dollar invoices could face slightly higher costs if the pair weakens.

🧭 Key drivers

  • Rate gap: The Bank of Canada's neutral stance contrasts with the hawkish RBA, supporting the AUD.
  • Risk/commodities: Elevated geopolitical tensions and volatile equity markets increase risk-off flows, pressuring risk-sensitive currencies.
  • Global factors: Global geopolitical tensions continue contributing to risk aversion and safe-haven flows.

⚠️ What could change it

  • Upside risk: A shift towards risk-on sentiment or easing in geopolitical tensions could support the CAD.
  • Downside risk: A further escalation of global tensions or a dovish shift by the RBA could weigh on the pair.

Finding providers with lower margins may help 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.
 

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 =
1.0145We compare provider deals to this wholesale mid-market rate. Read more
AUD
1d−0.2%▼
CAD to AUD at 1.0162 is near its 3-month average, having traded in a very stable 3.6% range from 1.0052 to 1.0414
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  1 AUD = 0.9857 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
19 Jun 2026
1.0073
1% ▲2 Week
04 Apr 2026
1.0400
2.2% ▼3 Month
03 Jul 2025
1.1201
9.2% ▼1 Year
04 Jul 2021
1.0787
5.7% ▼5 Year
05 Jul 2016
1.0343
1.6% ▼10 Year
08 Jul 2006
1.1983
15.1% ▼20 Year
CAD/AUD historic rates & change to 03-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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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