Loading...
Best Exchange Rates

Home pages - full list (A-Z)

Compare AUD to CAD foreign transfers

Use our comparison table to find the best exchange rates for Canadian Dollar foreign transfers versus the Banks.

When you are thinking about sending money abroad, an international money transfer provider is a great option. They can help you with the whole process, provide useful online tools and most importantly bank-beating exchange rates and low or zero fees.

 
 

Compare Best Exchange Rates for:

   
$AUD
$CAD

Compare Deals
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Foreign Transfer Providers
Ratings & Reviews
Receive CAD($)Exchange RateFee AUDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
TorFX logo
9,362 CAD
Best Overall
0.936201.51%Bank Transfers - Online & Phone1-2 days
 
OFX (OzForex) logo
9,371 CAD
9 CAD
0.93710^1.42%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
 
ANZ Bank logo
9,155.49 CAD
207 CAD
0.9172183.69%Online, Branch, Bank Transfers2-3 days
BankSA International Money Transfers
BankSA logo
9,154.64 CAD
207 CAD
0.917320.013.7%Online, Branch, Bank Transfers2-3 days
Bank of Melbourne International Money Transfers
Bank of Melbourne logo
9,153.74 CAD
208 CAD
0.9173213.71%Online, Branch, Bank Transfers2-3 days
 
National Australia Bank (nab) logo
9,084.97 CAD
277 CAD
0.9105224.43%Online, Branch, Bank Transfers2-3 days
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
9,046 CAD
316 CAD
0.9062154.84%Online, Branch, Bank Transfers2-3 days
 
Commonwealth Bank (CBA) logo
8,973.61 CAD
388 CAD
0.89796 5.6%Online, Branch, Bank Transfers2-3 days
 
St George Bank logo
8,952.06 CAD
410 CAD
0.897205.83%Online, Branch, Bank Transfers2-3 days
 
Westpac logo
8,844.28 CAD
518 CAD
0.8862206.96%Online, Branch, Bank Transfers2-3 days
TorFX: Foreign Transfer AUD→CAD
AUD amount:$10,000 AUD
Fee:0
Exchange Rate:0.9362 (1.51% from mid-rate)
CAD amount:9,362 CAD
Total Cost:1.51%
Time:6:05 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
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:0.9371 (1.42% from mid-rate)
CAD amount:9,371 CAD
Total Cost:1.42%
Difference:
9 CAD more than using TorFX
Time:
Rate Fetched: Sat Mar 23 2019 06:00:14 GMT+0000 (UTC)
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:0.9172 (3.51% from mid-rate)
CAD amount:9,155.49 CAD
Total Cost:3.69%
Difference:
207 CAD less than using TorFX
Time:
Rate Fetched: website - Sat Mar 23 2019 05:03:05 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:0.9173 (3.5% from mid-rate)
CAD amount:9,154.64 CAD
Total Cost:3.7%
Difference:
207 CAD less than using TorFX
Time:
Rate Fetched: website - 6:05 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:0.9173 (3.5% from mid-rate)
CAD amount:9,153.74 CAD
Total Cost:3.71%
Difference:
208 CAD less than using TorFX
Time:
Rate Fetched: website - 6:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
National Australia Bank (nab): Foreign Transfer AUD→CAD
AUD amount:$10,000 AUD
Fee:22
Exchange Rate:0.9105 (4.22% from mid-rate)
CAD amount:9,084.97 CAD
Total Cost:4.43%
Difference:
277 CAD less than using TorFX
Time:
Rate Fetched: website - Sat Mar 23 2019 05:05:02 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:0.9291 (2.26% from mid-rate)
CAD amount:9,046 CAD
Total Cost:4.84%
Difference:
316 CAD less than using TorFX
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:0.8979 (5.54% from mid-rate)
CAD amount:8,973.61 CAD
Total Cost:5.6%
Difference:
388 CAD less than using TorFX
Time:
Rate Fetched: website - Sat Mar 23 2019 05:02:02 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:0.8970 (5.64% from mid-rate)
CAD amount:8,952.06 CAD
Total Cost:5.83%
Difference:
410 CAD less than using TorFX
Time:
Rate Fetched: website - 6:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
Westpac: Foreign Transfer AUD→CAD
AUD amount:$10,000 AUD
Fee:20
Exchange Rate:0.8862 (6.77% from mid-rate)
CAD amount:8,844.28 CAD
Total Cost:6.96%
Difference:
518 CAD less than using TorFX
Time:
Rate Fetched: website - Sat Mar 23 2019 05:04:05 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 
3 Month Chart
Loading AUDUSD rates

This is a chart showing the change in the AUD-CAD mid-market exchange rate over the last week. The Total Cost of each foreign transfer in the above table is calculated as the sum of all fees and the exchange rate margin, which is the difference between the provider's exchange rate and the mid-market AUD-CAD exchange rate.

Currency news and forecasts for Australian Dollar and Canadian Dollar

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency must always be quoted in comparison to a second currency.

So it follows that if you are determining the best time to transact, in this case the AUD vs CAD, you should pay attention to both Australian Dollar and Canadian Dollar news and forecasts.

Australian Dollar (AUD) - Market news and forecasts

Following a flash crash in early January, which saw the Australian dollar briefly trade at a 10-year low of $0.674, the Aussie recovered to $0.73, but then, as it had done before the flash crash, it commenced with a slow and steady decline, and it was back at $0.705 in mid-March and was predicted to fall further.

In February, HSBC predicted a year-end AUD/USD rate of $0.66. In March, Westpac and JP Morgan were slightly more upbeat and argued for $0.68.

Fuelling lower exchange rate forecasts is the Australian economic story, for which major themes include a housing market slump, Chinese growth and the US-China trade spat. The RBA slashed growth forecasts in February and markets are now pricing in 1-2 interest rate cuts this year.

Another Aussie exchange rate worth mentioning is AUD/GBP, which sank in mid-March to its lowest level in nearly 3 years, at just £0.53. The Australian dollar has been unable to compete with the pound of late, since the latter benefits every time the British government fails to make a decision on how to deliver Brexit (every time Brexit appears less likely or to be delayed).

Canadian Dollar (CAD) - Market news and forecasts

A fantastic January that took the Canadian dollar away from long-term lows against the US dollar was followed by a steady February and then a weak first-half of March.

In the first week of March, traders reacted badly to news of Canada’s economy growing at a dismal quarterly rate of just 0.1 percent (the slowest rate of quarterly growth in 2 ½ years), and they sold the loonie to account for a lower probability of future interest rate hikes by Canada’s central bank.

Against the US dollar, the loonie recovered slightly in the second week of March and stabilised at levels near C$1.333 per USD, although another notable exchange rate at the time of writing, GBP/CAD, rose to an 8-month high (CAD low) of C$1.78.

Per researchers at CIBC and TD Securities, fair value in USD/CAD is currently C$1.4, indicating potential CAD depreciation worth 5 percent. A move to C$1.4 would take the loonie to its lowest level against its US cousin since early 2016.