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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

    04 Aug 2026 • 00:26 GMT

    CAD/AUD 1.0174

    Forecast snapshot

    Quick CAD/AUD forecast

    Near-term bias🔴 Mild downside
    Expected rangeN/A
    Dominant driver🏦 Central bank policy divergence
    3-month trend🔴 Downtrend

    Currently, CAD/AUD is trading close to its 90-day average within a mid-range. The pair is supported by risk-off sentiment and safe-haven flows, which tend to pressure risk-sensitive currencies like the Australian dollar. Over the next few sessions, this risk-off backdrop suggests the pair may remain supported but could face downward pressure if global risk appetite recovers.

    💸 Transfer implications

    • Expats: sending money to Australia may find conversions less favourable if the pair weakens further.
    • Travellers: buying AUD cash or loading currency cards might see less advantageous rates if the pair shifts lower.
    • Businesses: paying overseas invoices in AUD could face less favourable exchange rates if the pair continues downtrend.

    🧭 Key drivers

    • Rate gap: The Canadian dollar's yield remains supported by recent policy stability, contrasting with the RBA's cautious stance.
    • Risk/commodities: Global risk-off conditions persist, supporting safe-haven currencies while pressuring the AUD.
    • Global factors: Geopolitical tensions and US-China relations continue to influence risk sentiment and FX flows.

    ⚠️ What could change it

    • Upside risk: Improvement in global risk appetite or a shift in the RBA's policy could support AUD.
    • Downside risk: Further escalation in geopolitical tensions or a worsening of risk-off sentiment might deepen Canadian dollar support.

    BER suggestions: Comparing FX providers may help offset less favourable exchange conditions during this range.

    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 =
    1.0168We compare provider deals to this wholesale mid-market rate. Read more
    AUD
    1D+0.5%▲
    CAD to AUD at 1.0174 is 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 = 0.9835 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
    20 Jul 2026
    1.0151
    		0.1% ▼2 Week
    05 May 2026
    1.0206
    		0.7% ▼3 Month
    03 Aug 2025
    1.1219
    		9.6% ▼1 Year
    04 Aug 2021
    1.0798
    		6.1% ▼5 Year
    05 Aug 2016
    0.9978
    		1.6% ▲10 Year
    08 Aug 2006
    1.1731
    		13.6% ▼20 Year
    CAD/AUD historic rates & change to 03-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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