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Compare AUD to CAD foreign transfers

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

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? Request a Multi-Vendor Quote ▾
Foreign Transfer Providers
Ratings & Reviews
Receive CAD($)Exchange RateFee AUDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
TorFX logo
9,426 CAD
Best Overall
0.942601.09%Bank Transfers - Online & Phone1-2 days
 
OFX (OzForex) logo
9,436 CAD
10 CAD
0.94360^0.99%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
 
ANZ Bank logo
9,183.44 CAD
243 CAD
0.92183.64%Online, Branch, Bank Transfers2-3 days
BankSA International Money Transfers
BankSA logo
9,177.6 CAD
248 CAD
0.919620.013.7%Online, Branch, Bank Transfers2-3 days
Bank of Melbourne International Money Transfers
Bank of Melbourne logo
9,176.69 CAD
249 CAD
0.9196213.71%Online, Branch, Bank Transfers2-3 days
 
National Australia Bank (nab) logo
9,088.96 CAD
337 CAD
0.9109224.63%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
9,067 CAD
359 CAD
0.9083154.86%Online, Branch, Bank Transfers2-3 days
 
Commonwealth Bank (CBA) logo
9,009.59 CAD
416 CAD
0.90156 5.46%Online, Branch, Bank Transfers2-3 days
 
St George Bank logo
8,987.99 CAD
438 CAD
0.9006205.69%Online, Branch, Bank Transfers2-3 days
 
Westpac logo
8,844.28 CAD
582 CAD
0.8862207.2%Online, Branch, Bank Transfers2-3 days
TorFX: Foreign Transfer AUD→CAD
AUD amount:$10,000 AUD
Fee:0
Exchange Rate:0.9426 (1.09% from mid-rate)
CAD amount:9,426 CAD
Total Cost:1.09%
Time:0:00 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:0.9436 (0.99% from mid-rate)
CAD amount:9,436 CAD
Total Cost:0.99%
Difference:
10 CAD more than using TorFX
Time:
Rate Fetched: Tue Apr 23 2019 22:00:13 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:0.9200 (3.46% from mid-rate)
CAD amount:9,183.44 CAD
Total Cost:3.64%
Difference:
243 CAD less than using TorFX
Time:
Rate Fetched: website - Tue Apr 23 2019 21:03:05 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:0.9196 (3.5% from mid-rate)
CAD amount:9,177.6 CAD
Total Cost:3.7%
Difference:
248 CAD less than using TorFX
Time:
Rate Fetched: website - 0:00 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:0.9196 (3.5% from mid-rate)
CAD amount:9,176.69 CAD
Total Cost:3.71%
Difference:
249 CAD less than using TorFX
Time:
Rate Fetched: website - 0:00 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:0.9109 (4.42% from mid-rate)
CAD amount:9,088.96 CAD
Total Cost:4.63%
Difference:
337 CAD less than using TorFX
Time:
Rate Fetched: website - Tue Apr 23 2019 21:05:02 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:0.9356 (1.83% from mid-rate)
CAD amount:9,067 CAD
Total Cost:4.86%
Difference:
359 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:0.9015 (5.4% from mid-rate)
CAD amount:9,009.59 CAD
Total Cost:5.46%
Difference:
416 CAD less than using TorFX
Time:
Rate Fetched: website - Tue Apr 23 2019 21:02:02 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:0.9006 (5.5% from mid-rate)
CAD amount:8,987.99 CAD
Total Cost:5.69%
Difference:
438 CAD less than using TorFX
Time:
Rate Fetched: website - 0:00 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 (7.01% from mid-rate)
CAD amount:8,844.28 CAD
Total Cost:7.2%
Difference:
582 CAD less than using TorFX
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:
 
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

Improved risk appetite, thriving commodities markets and better data from China helped lift the Australian dollar through March and into the second half of April. Against the US dollar, the Aussie was quoted at US$0.715 on April-22.

In March, both Westpac and JP Morgan predicted an Aussie slide to US$0.68 in the second half of the year. Those banks were at least more optimistic than HSBC, which argued in April for US$0.66 based on housing market weakness, high debt-to-GDP levels and continued strength in the US dollar.

Bearishness wasn’t unanimous, though, with NAB forecasting Aussie appreciation at least until mid-year; it predicted US$0.74 by the end of June.

The RBA will be happy with a weaker currency, HSBC said. The central bank has recently shifted to a dovish bias (what should be an across-the-board negative for AUD), saying lower Australian interest rates will “likely be appropriate” if inflation doesn’t pick up.

Canadian Dollar (CAD) - Market news and forecasts

In the March-April period (to April-20), the Canadian dollar traded mostly sideways relative to USD, between C$1.33 and C$1.34; it was stable against EUR, at C$1.50, but against AUD it neared 15-week lows, at C$0.957.

Unlike other oil-sensitive currencies, the Canadian dollar has failed to take advantage of a thriving oil market, with the market’s attention instead turned towards the global economic slowdown and the Canadian housing market, which, according to the IMF, is now as risky as it was during the 2007-08 financial crisis.

Forecasters at RBC expect further sideways price action until mid-year, after which the loonie probably weakens modestly towards C$1.36 to the USD by year-end. 

CIBC is also predicting C$1.36 per USD in December, and sees further weakness to C$1.40 sometime in 2020 C$1.40 is an exchange rate last seen in February 2016.