CAD to AUD 2026 Forecasts & Latest Rates

CAD to AUD Forecast & Outlook

14 Aug 2026 • 00:26 GMT

Forecast snapshot

Quick CAD/AUD forecast

Near-term bias🔴 Mild downside

Expected range1.0070 – 1.0250

Dominant driver🏦 Central bank policy divergence

3-month trend🟢 Uptrend

Currently, CAD/AUD is trading close to 14-day highs near 1.0170, holding near its three-month average. The pair’s recent stability is driven by divergent monetary policies, with the Bank of Canada remaining neutral while the RBA's stance is more hawkish. Over the next few sessions, this combination suggests the pair could face pressure if risk-off sentiment prevails, keeping the currency pair consolidating within its recent range.

💸 Transfer implications

Expats: sending money to Australia may find current levels less favourable than recent highs.
Travellers: exchanging currency might see limited short-term gains but should monitor for potential support near current levels.
Businesses: paying Australian invoices may experience slightly less advantageous exchange conditions if the pair declines further.

🧭 Key drivers

Rate gap: Divergent policies between the Bank of Canada and RBA continue to support a stable rate gap, with CAD holding near its 90-day average.
Risk/commodities: Risk-off conditions are influencing safe havens, pressuring risk-sensitive FX like CAD and AUD.
Global factors: Volatility in energy prices and global risk sentiment are shaping market behavior and pair stability.

⚠️ What could change it

Upside risk: A shift towards risk appetite or hawkish signals from the RBA could boost the pair.
Downside risk: A more pronounced risk-off environment or softer commodity prices could further weaken the pair.

Finding providers with lower margins can 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.

Compare before you exchange

Compare CAD to AUD rates

Check today’s provider offers alongside the market outlook before you make a transfer.

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+0.1%▲

CAD to AUD is at 14-day highs near 1.0170, near its 3-month average, having traded in a stable 1.8% range from 1.0063 to 1.0249

13-AUG 8PM-NY 14-AUG 1AM-LON 8AM-HK 10AM-SYD

Tracker

Manage Tracker

1 AUD = 0.9825 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
31 Jul 2026	1.0161	0.1% ▲	2 Week
16 May 2026	1.0166	0.1% ▲	3 Month
14 Aug 2025	1.1141	8.7% ▼	1 Year
15 Aug 2021	1.0846	6.2% ▼	5 Year
16 Aug 2016	1.0088	0.8% ▲	10 Year
19 Aug 2006	1.1729	13.3% ▼	20 Year

CAD/AUD historic rates & change to 14-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.

Track Rate

Manage Tracker