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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

    15 Aug 2026 • 00:33 GMT

    CAD/AUD 1.0181

    Forecast snapshot

    Quick CAD/AUD forecast

    Near-term bias⚪ Range-bound
    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 1.0181, holding near its 3-month average within a range. The dominant driver remains central bank policies, with the pair supported by divergence in monetary outlooks. Over the next few sessions, exchange conditions may stay supported by this range-bound market, though no strong directional move is expected yet.

    💸 Transfer implications

    • Expats: sending money to Australia may find current levels more favourable than recent lows.
    • Travellers: exchanging currency might experience limited movement, with the pair consolidating within its recent range.
    • Businesses: paying AUD invoices in CAD could see exchange costs holding stable, with no immediate advantage in timing.

    🧭 Key drivers

    • Rate gap: Divergence in monetary policy between the RBA and BoC supports range-bound trading.
    • Risk/commodities: Risk-neutral conditions keep risk-sensitive currencies like CAD and AUD broadly supported, despite commodity fluctuations.
    • Global factors: No major shifts in global risk sentiment or macro factors presently impacting the pair.

    ⚠️ What could change it

    • Upside risk: A clearer signal of monetary tightening from the RBA could push the pair higher.
    • Downside risk: A sudden shift in risk appetite or commodity prices might weaken the pair.

    BER suggests comparing FX providers as finding 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.

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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 =
    1.0180We compare provider deals to this wholesale mid-market rate. Read more
    AUD
    1D+0.1%
    CAD to AUD is at 14-day highs near 1.0181, just above 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
    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.

     
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