Interbank mid-market rate We compare bank & FX provider rates to this wholesale mid-market rate. Read more
Comparing CAD/AUD Exchange Rates
You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale CAD/AUD rate ( interbank mid-rate) plus fixed or percentage fees.
These margins and fees can vary significantly for CAD to AUD International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Note the total cost will also vary on the currencies and total amount being exchanged.
Calculate other CAD/AUD amounts (from or to) at mid-market with our CAD to AUD Calculator .
Canadian dollar and Australian dollar News
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)
Canadian Dollar exchange rates have gained amid Canada’s economic outlook and recovering oil prices. Early success in controlling COVID-19 has helped the Canadian economy to rebound as massive government aid boosted consumer spending and low interest rates fueled a surge in the housing market. CAD Markets
Australian dollar (AUD)
The Australian dollar enjoyed a sharp uptick mid-April, advancing above US77c through resistance amid a heightened demand for risk and lower US Treasury yields. AUD Markets
Country Guides - Australian dollar
 Australia (AUD) |  Christmas Island (AUD) |  Cocos Keeling Islands (AUD) |
 Heard and McDonald Islands (AUD) |  Kiribati (AUD) |  Nauru (AUD) |
 Norfolk Island (AUD) |  Tuvalu (AUD) |
How to get Good CAD to AUD Exchange Rates
There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.
Reduce Excessive costs and fees
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).
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.
What is a good CAD to AUD exchange rate?
This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Canadian dollar vs Australian dollar current value is to look the CAD/AUD historic rate and change over a range of periods.
The following table looks at the change in the CAD to AUD exchange rate over periods from the previous week back to the last 10 years.
| CAD/AUD | Change | Period |
|---|---|---|
| 1.0469 09 Apr 2021 | 1.3% ▼ | 1 Week |
| 1.0329 17 Mar 2021 | 0% ▲ | 30 Days |
| 1.0192 16 Jan 2021 | 1.4% ▲ | 90 Days |
| 1.1201 16 Apr 2020 | 7.8% ▼ | 1 Year |
| 1.0088 17 Apr 2016 | 2.4% ▲ | 5 Years |
| 0.9944 19 Apr 2011 | 3.9% ▲ | 10 Years |
CAD/AUD 10 year historic rates & change to 16-Apr-2021 : 1.0330
Will the Canadian dollar rise against the Australian dollar?
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add CAD/AUD to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.
Rather than requiring you to set a target rate, our FX Alerts work differently.
Once you add a currency pair for tracking in your watchlist we will automatically check the exchange rate for any UP▲ or DOWN▼ move over a range of periods over the recent 90 days.