Loading...

Home pages - full list (A-Z)

CAD/AUD - Convert Compare Save

Canadian Dollar to Australian 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 Canadian Dollar to Australian Dollar exchange rate, has news, forecasts and CAD to AUD 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.

CAD/AUD 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 CAD/AUD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
Foreign Transfer ProvidersReceive AUD($)Exchange RateFee CADTotal CostDeal Links
OFX logo
10,738 AUD
Best Overall
1.07380^0.92%
HSBC logo
10,512 AUD
226 AUD
1.0528$153.01%
Coast Capital Savings International Money Transfers
Coast Capital Savings logo
10,434 AUD
304 AUD
1.0539$1003.73%
Scotiabank logo
10,423 AUD
315 AUD
1.0528$1003.83%
Banks - Average Rate
Coast Capital Savings logo Scotiabank logo Royal Bank of Canada logo HSBC logo TD Canada Trust logo
10,402 AUD
336 AUD
1.0488154.03%
TD Canada Trust logo
10,322 AUD
416 AUD
1.0426$1004.76%
Royal Bank of Canada logo
10,317 AUD
421 AUD
1.0421$1004.81%
 
OFX: Foreign Transfer CAD→AUD
CAD amount:$10,000 CAD
Fee:0^ - No fees for BestExchangeRates users (normally $15 for smaller transfers)
Exchange Rate:1.0738 (0.92% from mid-rate)
AUD amount:10,738 AUD
Total Cost:0.92%
Time:
Rate Fetched: Mon Jun 17 2019 00:05:36 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer CAD→AUD
CAD amount:$10,000 CAD
Fee:$15 CAD (.15%)
Exchange Rate:1.0528 (2.86% from mid-rate)
AUD amount:10,512 AUD
Total Cost:3.01%
Difference:
226 AUD less than using OFX
Time:0:51 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Coast Capital Savings logoCoast Capital Savings

Coast Capital Savings: Foreign Transfer CAD→AUD
CAD amount:$10,000 CAD
Fee:$100 CAD (1%)
Exchange Rate:1.0539 (2.76% from mid-rate)
AUD amount:10,434 AUD
Total Cost:3.73%
Difference:
304 AUD less than using OFX
Time:0:51 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Scotiabank logoScotiabank

Scotiabank: Foreign Transfer CAD→AUD
CAD amount:$10,000 CAD
Fee:$100 CAD (1%)
Exchange Rate:1.0528 (2.86% from mid-rate)
AUD amount:10,423 AUD
Total Cost:3.83%
Difference:
315 AUD less than using OFX
Time:0:51 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer CAD→AUD
CAD amount:$10,000 CAD
Fee:15
Exchange Rate:1.0296 (5% from mid-rate)
AUD amount:10,402 AUD
Total Cost:4.03%
Difference:
336 AUD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

TD Canada Trust logoTD Canada Trust

TD Canada Trust: Foreign Transfer CAD→AUD
CAD amount:$10,000 CAD
Fee:$100 CAD (1%)
Exchange Rate:1.0426 (3.8% from mid-rate)
AUD amount:10,322 AUD
Total Cost:4.76%
Difference:
416 AUD less than using OFX
Time:0:51 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Royal Bank of Canada logoRoyal Bank of Canada

Royal Bank of Canada: Foreign Transfer CAD→AUD
CAD amount:$10,000 CAD
Fee:$100 CAD (1%)
Exchange Rate:1.0421 (3.85% from mid-rate)
AUD amount:10,317 AUD
Total Cost:4.81%
Difference:
421 AUD less than using OFX
Time:0:51 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
06/17/2019 - View 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 AUD($)Exchange RateFee CADTotal CostDeal Links
Travelex Online CA logo
1,045.9 AUD
Best Overall
1.0459$03.5%
Royal Bank of Canada logo
1,022.9 AUD
23 AUD
1.022905.62%
TD Canada Trust logo
1,012.4 AUD
34 AUD
1.012406.59%
Banks - Average Rate
Scotiabank logo Royal Bank of Canada logo TD Canada Trust logo
1,010 AUD
36 AUD
1.0166$106.82%
Scotiabank logo
994.21 AUD
52 AUD
1.0145$208.27%
Travelex Online CA: Travel Money CAD→AUD
CAD amount:$1,000 CAD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:1.0459 (3.5% from mid-rate)
AUD amount:1,045.9 AUD
Total Cost:3.5%
Time:
Rate Fetched: 0:51 Local
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

Royal Bank of Canada logoRoyal Bank of Canada

Royal Bank of Canada: Travel Money CAD→AUD
CAD amount:$1,000 CAD
Fee:
Exchange Rate:1.0229 (5.62% from mid-rate)
AUD amount:1,022.9 AUD
Total Cost:5.62%
Time:0:51 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 

TD Canada Trust logoTD Canada Trust

TD Canada Trust: Travel Money CAD→AUD
CAD amount:$1,000 CAD
Fee:
Exchange Rate:1.0124 (6.59% from mid-rate)
AUD amount:1,012.4 AUD
Total Cost:6.59%
Time:0:51 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money CAD→AUD
CAD amount:$1,000 CAD
Fee:$10 CAD (1%)
Exchange Rate:0.9483 (12.5% from mid-rate)
AUD amount:1,010 AUD
Total Cost:6.82%
Currency Services:Branch
Delivery/Collect:-
 

Scotiabank logoScotiabank

Scotiabank: Travel Money CAD→AUD
CAD amount:$1,000 CAD
Fee:$20 CAD (Minimum fee)
Exchange Rate:1.0145 (6.39% from mid-rate)
AUD amount:994.21 AUD
Total Cost:8.27%
Time:0:51 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
06/17/2019 - View full table

CAD to AUD interbank exchange rate = 1.0855

 
 

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 CAD/AUD exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

CAD and AUD in the Markets

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

 

Canadian Dollar (CAD)

It’s been a mixed bag of late for the Canadian dollar, with geopolitical risks, global interest rates and matters affecting global trade, rather than commodities or Canadian economic data, most influencing CAD rates.

In April and May, the loonie lost out slightly (by roughly 1 percent) against the US dollar and euro, but made small progress against the pound and Australian dollar.

For CAD, investors said in early June that they did not like the recent escalation in US-China trade tensions, which threatens the outlook for global trade and for commodities; nor did they like Washington’s announcement in late May of a 5 percent tariff on all Mexican goods — an illegal move under the new NAFTA 2.0 free-trade deal which some suspect might see the deal torn up.

Read more in the article CAD Forecasts.

 

Australian Dollar (AUD)

In late May the Australian dollar stabilized after a shocking mid-April to mid-May period, during which it suffered across-the-board losses, including losses worth 5 percent against the US dollar. May’s closing exchange rate of US69.3¢ keeps the Aussie near long-term lows, but it’s an improvement on May-17's rate of 68.7¢ — its lowest weekly closing rate since early 2016.

A stuttering domestic economy and elevated US-China trade tensions (which threaten commodities demand and risk appetite) have driven the Aussie lower.

In an effort to support economic growth and boost inflation, which remains well below target, Australia's central bank cut interest rates in early June, and is expected to do so at least once more this year, making the Australian dollar susceptible to yield-chasing capital outflows.

Read more in the article AUD Forecasts.

Why can't I just get the CAD/AUD 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 CAD / AUD 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 CAD Exchange Rates