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AUD/CAD - Convert Compare Save

Australian Dollar to Canadian Dollar exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

This resource page for the Australian Dollar to Canadian Dollar exchange rate, has news, forecasts and AUD to CAD comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

AUD/CAD Exchange Rates - How to Compare & Save

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for AUD/CAD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
Foreign Transfer ProvidersReceive CAD(C$)Exchange RateFee AUDTotal CostDeal Links
OFX (OzForex) logo
9,121 CAD
Best Overall
0.91210^0.8%
ANZ Bank logo
8,931.89 CAD
189 CAD
0.8948182.86%
BankSA International Money Transfers
BankSA logo
8,855.25 CAD
266 CAD
0.887320.013.69%
Bank of Melbourne International Money Transfers
Bank of Melbourne logo
8,854.37 CAD
267 CAD
0.8873213.7%
Westpac logo
8,844.28 CAD
277 CAD
0.8862203.81%
National Australia Bank (nab) logo
8,813.57 CAD
307 CAD
0.8833224.15%
Banks - Average Rate
National Australia Bank (nab) logo Westpac logo ANZ Bank logo Commonwealth Bank (CBA) logo St George Bank logo Bank of Melbourne logo BankSA logo
8,797 CAD
324 CAD
0.8813154.33%
Commonwealth Bank (CBA) logo
8,650.81 CAD
470 CAD
0.86566 5.92%
St George Bank logo
8,629.71 CAD
491 CAD
0.8647206.15%
OFX (OzForex): Foreign Transfer AUD→CAD
AUD amount:$10,000 AUD
Fee:0^ - No fees for BestExchangeRates users (normally $15 for transfers over $10K)
Exchange Rate:0.9121 (0.8% from mid-rate)
CAD amount:9,121 CAD
Total Cost:0.8%
Time:
Rate Fetched: 4:00 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
ANZ Bank: Foreign Transfer AUD→CAD
AUD amount:$10,000 AUD
Fee:18
Exchange Rate:0.8948 (2.69% from mid-rate)
CAD amount:8,931.89 CAD
Total Cost:2.86%
Difference:
189 CAD less than using OFX (OzForex)
Time:
Rate Fetched: website - Sat Jul 20 2019 01:03:05 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
BankSA: Foreign Transfer AUD→CAD
AUD amount:$10,000 AUD
Fee:20.01
Exchange Rate:0.8873 (3.5% from mid-rate)
CAD amount:8,855.25 CAD
Total Cost:3.69%
Difference:
266 CAD less than using OFX (OzForex)
Time:
Rate Fetched: website - 4:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Bank of Melbourne: Foreign Transfer AUD→CAD
AUD amount:$10,000 AUD
Fee:21
Exchange Rate:0.8873 (3.5% from mid-rate)
CAD amount:8,854.37 CAD
Total Cost:3.7%
Difference:
267 CAD less than using OFX (OzForex)
Time:
Rate Fetched: website - 4:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Westpac: Foreign Transfer AUD→CAD
AUD amount:$10,000 AUD
Fee:20
Exchange Rate:0.8862 (3.62% from mid-rate)
CAD amount:8,844.28 CAD
Total Cost:3.81%
Difference:
277 CAD less than using OFX (OzForex)
Time:
Rate Fetched: website - Mon Apr 15 2019 01:04:04 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
National Australia Bank (nab): Foreign Transfer AUD→CAD
AUD amount:$10,000 AUD
Fee:22
Exchange Rate:0.8833 (3.94% from mid-rate)
CAD amount:8,813.57 CAD
Total Cost:4.15%
Difference:
307 CAD less than using OFX (OzForex)
Time:
Rate Fetched: website - Sat Jul 20 2019 01:05:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2.1/5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer AUD→CAD
AUD amount:$10,000 AUD
Fee:15
Exchange Rate:0.8929 (2.89% from mid-rate)
CAD amount:8,797 CAD
Total Cost:4.33%
Difference:
324 CAD less than using OFX (OzForex)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Commonwealth Bank (CBA): Foreign Transfer AUD→CAD
AUD amount:$10,000 AUD
Fee:6
Exchange Rate:0.8656 (5.86% from mid-rate)
CAD amount:8,650.81 CAD
Total Cost:5.92%
Difference:
470 CAD less than using OFX (OzForex)
Time:
Rate Fetched: website - Sat Jul 20 2019 01:02:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1.2/5.0
Reviews:
St George Bank: Foreign Transfer AUD→CAD
AUD amount:$10,000 AUD
Fee:20
Exchange Rate:0.8647 (5.96% from mid-rate)
CAD amount:8,629.71 CAD
Total Cost:6.15%
Difference:
491 CAD less than using OFX (OzForex)
Time:
Rate Fetched: website - 4:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 07/20/2019 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money ProvidersAmount CAD(C$)Exchange RateFee AUDTotal CostDeal Links
ANZ Bank logo
885.85 CAD
Compare
0.8948A$103.66%
Westpac logo
877.34 CAD
8.51 CAD
0.8862A$104.59%
Bank of Melbourne Foreign Currency
Bank of Melbourne logo
873.99 CAD
12 CAD
0.8873A$154.95%
BankSA Foreign Currency
BankSA logo
873.99 CAD
12 CAD
0.8873A$154.95%
Banks - Average Rate
Westpac logo ANZ Bank logo Commonwealth Bank (CBA) logo St George Bank logo National Australia Bank (nab) logo Bank of Melbourne logo BankSA logo
868.67 CAD
17 CAD
0.8793105.53%
Travel Money Oz logo
866.60 CAD
19 CAD
0.8666$0 BPay, Credit Card 1%5.75%
National Australia Bank (nab) logo
861.80 CAD
24 CAD
0.8705106.28%
Commonwealth Bank (CBA) logo
856.45 CAD
29 CAD
0.8651A$106.86%
Travelex Online AU logo
851.70 CAD
34 CAD
0.8517$0 BPay, Card 0.72%-1%7.37%
St George Bank logo
851.24 CAD
35 CAD
0.8642A$157.42%
ANZ Bank: Travel Money AUD→CAD
AUD amount:$1,000 AUD
Fee:A$10 AUD (1%)
Exchange Rate:0.8948 (2.69% from mid-rate)
CAD amount:885.85 CAD
Total Cost:3.66%
Time:
Rate Fetched: website - Sat Jul 20 2019 01:03:05 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 3/5.0
Reviews:
Westpac: Travel Money AUD→CAD
AUD amount:$1,000 AUD
Fee:A$10 AUD (1%)
Exchange Rate:0.8862 (3.62% from mid-rate)
CAD amount:877.34 CAD
Total Cost:4.59%
Time:
Rate Fetched: website - Mon Apr 15 2019 01:04:04 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
Bank of Melbourne: Travel Money AUD→CAD
AUD amount:$1,000 AUD
Fee:A$15 AUD (Minimum fee)
Exchange Rate:0.8873 (3.5% from mid-rate)
CAD amount:873.99 CAD
Total Cost:4.95%
Time:
Rate Fetched: website - 4:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
BankSA: Travel Money AUD→CAD
AUD amount:$1,000 AUD
Fee:A$15 AUD (Minimum fee)
Exchange Rate:0.8873 (3.5% from mid-rate)
CAD amount:873.99 CAD
Total Cost:4.95%
Time:
Rate Fetched: website - 4:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money AUD→CAD
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:0.8740 (4.95% from mid-rate)
CAD amount:868.67 CAD
Total Cost:5.53%
Currency Services:Branch
Delivery/Collect:-
Travel Money Oz: Travel Money AUD→CAD
AUD amount:$1,000 AUD
Fee:$0 BPay, Credit Card 1%
Exchange Rate:0.8666 (5.75% from mid-rate)
CAD amount:866.60 CAD
Total Cost:5.75%
Time:
Rate Fetched: Sat Jul 20 2019 02:00:06 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup
Delivery/Collect:3-5 days
Rating:
 
: 4.2/5.0
Reviews:
National Australia Bank (nab): Travel Money AUD→CAD
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:0.8705 (5.33% from mid-rate)
CAD amount:861.80 CAD
Total Cost:6.28%
Time:
Rate Fetched: website - 4:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2.1/5.0
Reviews:
Commonwealth Bank (CBA): Travel Money AUD→CAD
AUD amount:$1,000 AUD
Fee:A$10 AUD (1%)
Exchange Rate:0.8651 (5.92% from mid-rate)
CAD amount:856.45 CAD
Total Cost:6.86%
Time:
Rate Fetched: website - Sat Jul 20 2019 01:02:02 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
Travelex Online AU: Travel Money AUD→CAD
AUD amount:$1,000 AUD
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:0.8517 (7.37% from mid-rate)
CAD amount:851.70 CAD
Total Cost:7.37%
Time:
Rate Fetched: Sat Jul 20 2019 02:00:04 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
St George Bank: Travel Money AUD→CAD
AUD amount:$1,000 AUD
Fee:A$15 AUD (Minimum fee)
Exchange Rate:0.8642 (6.01% from mid-rate)
CAD amount:851.24 CAD
Total Cost:7.42%
Time:
Rate Fetched: website - 4:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 07/20/2019 - See full table

AUD to CAD interbank exchange rate = 0.9195

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on AUD/CAD exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

AUD and CAD in the Markets

When determining the best time to make a foreign exchange transaction, in this case the AUD vs CAD, you should pay attention to the recent market trends for both currencies.

 

Australian Dollar (AUD)

In late June and early July, the Australian dollar recovered from multi-month lows against a number of important currencies; however, these recoveries were minor relative to losses over the past 18 months. Against the US dollar, at a rate of 70¢ (July-2), the Aussie was 14 percent lower than its best rate from 2018.

Investors have sold AUD in recent months as they’ve bet on aggressive interest-rate cuts by the Reserve Bank of Australia. These bets paid off: the RBA cut its cash rate in both June and July to a record low of 1 percent.

Lower borrowing costs are necessary, investors believe, in light of persistently soft domestic data and the fallout from a US-China trade standoff that shows no sign of nearing an end.

AUD will continue to track changes in interest-rate expectations. Economists expect at least one further cut this year and many expect two by early 2020. After July's cut, the RBA hinted it would leave rates unchanged for several months.

Interestingly, AUD has decoupled from commodity prices in 2019. The price of iron ore (Australia’s largest export) nears multi-year highs while AUD languishes.

Further RBA interest rate cuts this year are now a certainty, and that doesn’t bode well for currency valuations. Westpac has predicted three cuts this year.

Read more in the article AUD Forecasts.

 

Canadian Dollar (CAD)

The Canadian dollar stormed ahead in the second half of June, rising to a 16-week high against the US dollar and to 8-month highs against the euro, pound, Australian and New Zealand dollars. Against the Aussie, a minimal additional increase would take CAD to a 9-year high.

Supporting the loonie was a 10 percent rise in the oil price (oil is among Canada’s most exported products but is volatile and can’t be relied upon), a large and welcome jump in inflation, and dovishness at major central banks of the world, including the Federal Reserve, ECB and RBA.

Any delay to Canadian ratification of the USMCA trade deal (already accepted by Mexico) is likely to depress sentiment on Canada’s currency.

Read more in the article CAD Forecasts.

Why can't I just get the AUD/CAD market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the AUD / CAD was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all AUD Exchange Rates