Loading...

AUD to CAD - Rate Guide

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.

 

AUD/CAD update & alerts

1 AUD = 0.8981 CAD

Sell AUD - Buy CAD  Invert

AUD to CAD - Trading Range (90 Day)
no alerts
AUD/CAD at 0.8986 is trading 0.4% below the 90-day average 0.9023 with a range 0.8909 to 0.9136. There are no current rate alerts.
17-Jan-2020 16:NY 21:LON 08:SYD+1d

More Charts

AUD/CAD Exchange Rates and Providers Compared

This guide to the Australian Dollar to Canadian Dollar exchange rate with 90-day chart & alerts, historic rates, forecasts and AUD to CAD comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. If you want to calculate equivalent amounts in foreign currencies or rate margins then use our AUD/CAD Quick Calculator.

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.

 
  

AUD to CAD International Money Transfers

  

Foreign Transfer ProvidersReceive CAD(C$)Exchange RateFee AUDTotal CostDeal Links
OFX (OzForex) logo
C$8,909
Best Overall
0.89090^0.8%
WorldFirst logo
C$8,936
C$27 more
0.893600.5%
TorFX logo
C$8,785
C$124 less
0.878502.18%
ANZ Bank logo
C$8,703.31
C$206 less
0.8719183.09%
BankSA International Money Transfers
BankSA logo
C$8,649.66
C$259 less
0.866720.013.69%
Bank of Melbourne International Money Transfers
Bank of Melbourne logo
C$8,648.8
C$260 less
0.8667213.7%
Banks - Average Rate
Westpac logo National Australia Bank (nab) logo ANZ Bank logo Commonwealth Bank (CBA) logo St George Bank logo Bank of Melbourne logo BankSA logo
C$8,593
C$316 less
0.8608154.33%
National Australia Bank (nab) logo
C$8,591.06
C$318 less
0.861224.34%
Commonwealth Bank (CBA) logo
C$8,536.87
C$372 less
0.85426 4.95%
St George Bank logo
C$8,515.93
C$393 less
0.8533205.18%
Westpac logo
C$8,501.96
C$407 less
0.8519205.33%
 
OFX (OzForex) logo
OFX (OzForex): Foreign Transfer AUD→CAD
From Amount (AUD)A$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $15 for transfers over $10K)
Exchange Rate:0.8909 (0.8% from mid-rate)
To Amount (CAD) C$8,909
Total Cost:0.8%
Time:
Rate Fetched: 12:00 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
WorldFirst logo
WorldFirst: Foreign Transfer AUD→CAD
From Amount (AUD)A$10,000
Fee:
Exchange Rate:0.8936 (0.5% from mid-rate)
To Amount (CAD) C$8,936
Total Cost:0.5%
Difference:
C$27 CAD more than using OFX (OzForex)
Time:12:00 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 
TorFX logo
TorFX: Foreign Transfer AUD→CAD
From Amount (AUD)A$10,000
Fee:0
Exchange Rate:0.8785 (2.18% from mid-rate)
To Amount (CAD) C$8,785
Total Cost:2.18%
Difference:
C$124 CAD less than using OFX (OzForex)
Time:12:00 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 
ANZ Bank logo
ANZ Bank: Foreign Transfer AUD→CAD
From Amount (AUD)A$10,000
Fee:18
Exchange Rate:0.8719 (2.92% from mid-rate)
To Amount (CAD) C$8,703.31
Total Cost:3.09%
Difference:
C$206 CAD less than using OFX (OzForex)
Time:
Rate Fetched: website - Sat Jan 18 2020 11:03:04 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
 
BankSA logo
BankSA: Foreign Transfer AUD→CAD
From Amount (AUD)A$10,000
Fee:20.01
Exchange Rate:0.8667 (3.5% from mid-rate)
To Amount (CAD) C$8,649.66
Total Cost:3.69%
Difference:
C$259 CAD less than using OFX (OzForex)
Time:
Rate Fetched: website - 12:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Bank of Melbourne logo
Bank of Melbourne: Foreign Transfer AUD→CAD
From Amount (AUD)A$10,000
Fee:21
Exchange Rate:0.8667 (3.5% from mid-rate)
To Amount (CAD) C$8,648.8
Total Cost:3.7%
Difference:
C$260 CAD less than using OFX (OzForex)
Time:
Rate Fetched: website - 12:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer AUD→CAD
From Amount (AUD)A$10,000
Fee:15
Exchange Rate:0.8719 (2.92% from mid-rate)
To Amount (CAD) C$8,593
Total Cost:4.33%
Difference:
C$316 CAD less than using OFX (OzForex)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
National Australia Bank (nab) logo
National Australia Bank (nab): Foreign Transfer AUD→CAD
From Amount (AUD)A$10,000
Fee:22
Exchange Rate:0.861 (4.13% from mid-rate)
To Amount (CAD) C$8,591.06
Total Cost:4.34%
Difference:
C$318 CAD less than using OFX (OzForex)
Time:
Rate Fetched: website - Sat Jan 18 2020 11:05:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2.1/5.0
Reviews:
 
Commonwealth Bank (CBA) logo
Commonwealth Bank (CBA): Foreign Transfer AUD→CAD
From Amount (AUD)A$10,000
Fee:6
Exchange Rate:0.8542 (4.89% from mid-rate)
To Amount (CAD) C$8,536.87
Total Cost:4.95%
Difference:
C$372 CAD less than using OFX (OzForex)
Time:
Rate Fetched: website - Sat Jan 18 2020 11:02:01 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1.2/5.0
Reviews:
 
St George Bank logo
St George Bank: Foreign Transfer AUD→CAD
From Amount (AUD)A$10,000
Fee:20
Exchange Rate:0.8533 (4.99% from mid-rate)
To Amount (CAD) C$8,515.93
Total Cost:5.18%
Difference:
C$393 CAD less than using OFX (OzForex)
Time:
Rate Fetched: website - 12:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Westpac logo
Westpac: Foreign Transfer AUD→CAD
From Amount (AUD)A$10,000
Fee:20
Exchange Rate:0.8519 (5.14% from mid-rate)
To Amount (CAD) C$8,501.96
Total Cost:5.33%
Difference:
C$407 CAD less than using OFX (OzForex)
Time:
Rate Fetched: website - Fri Jan 17 2020 21:30:03 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 
Snapshot 01/18/2020 - 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
Foreign Xchange logo
C$873.00
Best Overall
0.873$10 Home Delivery & AusPost collect2.79%
ANZ Bank logo
C$863.18
C$9.82 less
0.8719A$103.89%
Bank of Melbourne Foreign Currency
Bank of Melbourne logo
C$853.70
C$19 less
0.8667A$154.94%
BankSA Foreign Currency
BankSA logo
C$853.70
C$19 less
0.8667A$154.94%
Commonwealth Bank (CBA) logo
C$845.26
C$28 less
0.8538A$105.88%
Westpac logo
C$843.38
C$30 less
0.8519A$106.09%
St George Bank logo
C$840.11
C$33 less
0.8529A$156.46%
 
Foreign Xchange logo
Foreign Xchange: Travel Money AUD→CAD
From Amount (AUD)A$1,000
Fee:$10 Home Delivery & AusPost collect, No other Fees
Exchange Rate:0.8730 (2.79% from mid-rate)
To Amount (CAD) C$873.00
Total Cost:2.79%
Time:12:00 Local
Currency Services:Order online. Home Delivery and Australia Post Collection for a flat $10 fee
Delivery/Collect:3 business days
Rating:
 
: 4/5.0
Reviews:
 
ANZ Bank logo
ANZ Bank: Travel Money AUD→CAD
From Amount (AUD)A$1,000
Fee:A$10 AUD (1%)
Exchange Rate:0.8719 (2.92% from mid-rate)
To Amount (CAD) C$863.18
Total Cost:3.89%
Time:
Rate Fetched: website - Sat Jan 18 2020 11:03:04 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 3/5.0
Reviews:
 
Bank of Melbourne logo
Bank of Melbourne: Travel Money AUD→CAD
From Amount (AUD)A$1,000
Fee:A$15 AUD (Minimum fee)
Exchange Rate:0.8667 (3.5% from mid-rate)
To Amount (CAD) C$853.70
Total Cost:4.94%
Time:
Rate Fetched: website - 12:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
BankSA logo
BankSA: Travel Money AUD→CAD
From Amount (AUD)A$1,000
Fee:A$15 AUD (Minimum fee)
Exchange Rate:0.8667 (3.5% from mid-rate)
To Amount (CAD) C$853.70
Total Cost:4.94%
Time:
Rate Fetched: website - 12:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Commonwealth Bank (CBA) logo
Commonwealth Bank (CBA): Travel Money AUD→CAD
From Amount (AUD)A$1,000
Fee:A$10 AUD (1%)
Exchange Rate:0.8538 (4.93% from mid-rate)
To Amount (CAD) C$845.26
Total Cost:5.88%
Time:
Rate Fetched: website - Sat Jan 18 2020 11:02:01 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
 
Westpac logo
Westpac: Travel Money AUD→CAD
From Amount (AUD)A$1,000
Fee:A$10 AUD (1%)
Exchange Rate:0.8519 (5.14% from mid-rate)
To Amount (CAD) C$843.38
Total Cost:6.09%
Time:
Rate Fetched: website - Fri Jan 17 2020 21:30:03 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
 
St George Bank logo
St George Bank: Travel Money AUD→CAD
From Amount (AUD)A$1,000
Fee:A$15 AUD (Minimum fee)
Exchange Rate:0.8529 (5.03% from mid-rate)
To Amount (CAD) C$840.11
Total Cost:6.46%
Time:
Rate Fetched: website - 12:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 01/18/2020 - See full table

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)

The threat of proxy war between the US and Iran in Iraq has pared back some of the gains the Aussie had made coming into the New Year.

The Australian dollar had started the new decade strongly climbing to multi-month highs helped along by cooling trade tensions between the United States and China and optimism for global economic growth in the year ahead.

The Aussie broke back over US70 cents on the final day of 2019 — a level not seen since mid year. During December the Australian dollar reversed direction (again) and climbed steadily back up against the US dollar on the back of the strength of the housing market and a market perception that further interest rate cuts were less likely. In November it had been all downhill traffic for the Aussie dropping back from highs close to 70c at the beginning of the month to around 67c against the USD by month end.

At the end of October the AUD had surged to a three month high against the US dollar following the third rate cut in a year by the US Federal Reserve. The gains were mainly due to the fall in the US dollar after the market sensed that US rates are more likely to rise now than fall further.

The RBA also added to the positive sentiment with an optimistic assessment of easing risks from the US-China trade war and Brexit. Accordingly markets are pulling back from bets that the cash rate will drop to 0.5 per cent and the possible start of quantitative easing.

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.

For AUD forecasts and predictions read our Australian Dollar Forecasts report.

Read more in the article AUD Forecasts.

 

Canadian Dollar (CAD)

The threat of proxy war between the US and Iran in Iraq has pared back some of the gains the Loonie had made coming into the New Year.

The Canadian dollar was range bound during the second half of 2019 oscillating between US75c and US76.5c. Mid-year the loonie stormed ahead in June and July, rising to what turned out to be the 2019 high against the US dollar of US76.7cents 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.

The USMCA was signed by the United States, Mexico and Canadian on November 30 at the G20 Summit in Buenos Aires. Any delay to Canadian ratification of the USMCA trade deal would have likely depressed sentiment on Canada’s currency.

For more details read the full article Canadian dollar news and forecasts.

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