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Best Exchange Rates

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Compare CAD to AUD foreign transfers

Use our comparison table to find the best exchange rates for Australian 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:

   
$CAD
$AUD

Compare Deals
Foreign Transfer Providers
Ratings & Reviews
Receive AUD($)Exchange RateFee CADTotal CostTransfer ServicesTransfer SpeedDeal Links
 
WorldFirst logo
10,536 AUD
Best Overall
1.053600.99%Bank Transfers - Online & Phone1-2 days
 
OFX logo
10,541 AUD
5 AUD more
1.05410^0.94%Bank Transfers - Online & Phone1-2 days
HSBC logo
10,319 AUD
217 AUD less
1.0335$153.03%Online, Branch, Bank Transfers2-3 days
Coast Capital Savings logo
10,243 AUD
293 AUD less
1.0346$1003.74%Online, Branch, Bank Transfers2-3 days
Scotiabank logo
10,232 AUD
304 AUD less
1.0335$1003.84%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Coast Capital Savings logo Scotiabank logo Royal Bank of Canada logo HSBC logo TD Canada Trust logo
10,211 AUD
325 AUD less
1.0297154.04%Online, Branch, Bank Transfers2-3 days
TD Canada Trust logo
10,135 AUD
401 AUD less
1.0237$1004.76%Online, Branch, Bank Transfers2-3 days
 
Royal Bank of Canada logo
10,128 AUD
408 AUD less
1.023$1004.82%Online, Branch, Bank Transfers2-3 days
WorldFirst: Foreign Transfer CAD→AUD
CAD amount:$10,000 CAD
Fee:
Exchange Rate:1.0536 (0.99% from mid-rate)
AUD amount:10,536 AUD
Total Cost:0.99%
Time:12:13 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.6/5.0
Reviews:
 
OFX: Foreign Transfer CAD→AUD
CAD amount:$10,000 CAD
Fee:0^ - No fees for BestExchangeRates users (normally $15 for smaller transfers)
Exchange Rate:1.0541 (0.94% from mid-rate)
AUD amount:10,541 AUD
Total Cost:0.94%
Difference:
5 AUD more than using WorldFirst
Time:
Rate Fetched: Fri Feb 22 2019 10:04:45 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.8/5.0
Reviews:
HSBC: Foreign Transfer CAD→AUD
CAD amount:$10,000 CAD
Fee:$15 CAD (.15%)
Exchange Rate:1.0335 (2.88% from mid-rate)
AUD amount:10,319 AUD
Total Cost:3.03%
Difference:
217 AUD less than using WorldFirst
Time:12:13 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Coast Capital Savings: Foreign Transfer CAD→AUD
CAD amount:$10,000 CAD
Fee:$100 CAD (1%)
Exchange Rate:1.0346 (2.77% from mid-rate)
AUD amount:10,243 AUD
Total Cost:3.74%
Difference:
293 AUD less than using WorldFirst
Time:12:13 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Scotiabank: Foreign Transfer CAD→AUD
CAD amount:$10,000 CAD
Fee:$100 CAD (1%)
Exchange Rate:1.0335 (2.88% from mid-rate)
AUD amount:10,232 AUD
Total Cost:3.84%
Difference:
304 AUD less than using WorldFirst
Time:12:13 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
Coast Capital Savings logo Scotiabank logo Royal Bank of Canada logo HSBC logo TD Canada Trust logo

Foreign Transfer CAD→AUD
CAD amount:$10,000 CAD
Fee:15
Exchange Rate:1.0109 (5% from mid-rate)
AUD amount:10,211 AUD
Total Cost:4.04%
Difference:
325 AUD less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
TD Canada Trust: Foreign Transfer CAD→AUD
CAD amount:$10,000 CAD
Fee:$100 CAD (1%)
Exchange Rate:1.0237 (3.8% from mid-rate)
AUD amount:10,135 AUD
Total Cost:4.76%
Difference:
401 AUD less than using WorldFirst
Time:12:13 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Royal Bank of Canada: Foreign Transfer CAD→AUD
CAD amount:$10,000 CAD
Fee:$100 CAD (1%)
Exchange Rate:1.0230 (3.86% from mid-rate)
AUD amount:10,128 AUD
Total Cost:4.82%
Difference:
408 AUD less than using WorldFirst
Time:12:13 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated in Canada with FINTRAC. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/22/2019

1 CAD = 1.0618 AUD

This is the current CAD-AUD mid-market exchange rate. 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 CAD-AUD exchange rate.

3 Month Chart
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Currency news and forecasts for Canadian Dollar and Australian 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 CAD vs AUD, you should pay attention to both Canadian Dollar and Australian Dollar news and forecasts.

Canadian Dollar (CAD) - Market news and forecasts

7-February-19: January was a fantastic month for the Canadian dollar. A gain of 4 percent relative to the US dollar took USD/CAD away from 19-month highs near C$1.365 into the low C$1.31s.

A recovery in the oil market has played a big part in the loonie’s 2019 recovery. By the time of this report, oil had gained nearly $12 per barrel, or 23 percent, on 2018 lows. The price of oil remains vital to Canada’s economy; it had fallen by as much as 40 percent in the October-December period.

Going forward, risks to the Canadian dollar include, of course, oil, and the return of global trade tensions.

Towards the end of 2018, Goldman Sachs predicted a strong energy market rebound in 2019 — more so than has already been realised — and this would underpin Canada’s currency.

In February, Westpac reaffirmed its view that the Canadian dollar would be an outperformer in 2019. Canada’s growth picture is more secure than those of the eurozone, UK or Australia, Westpac believes, and as a result, the Bank of Canada will be more hawkish this year relative to other G10 central banks, driving CAD appreciation.

Australian Dollar (AUD) - Market news and forecasts

19-February-19: Since a flash crash in early January which saw the Australian dollar briefly trade at a 10-year low, the Aussie has recovered and then stabilized in the US71-72¢ region, near the average rate of the past 6 months.

Of late, the outlook for the Australian economy, and therefore for the Australian dollar, has taken a turn for the worse: the RBA has slashed growth and inflation forecasts and markets have moved to price in a near-100 percent chance of an interest rate cut before the year is out.

In February, HSBC cut its AUD/USD forecast to just US66¢, nearly 20 percent below 2018’s high of US81.36¢. AUD rates in the mid-60s haven’t been seen since the great financial crisis a decade ago.

In January, a senior researcher at BNP Paribas said that the Australian dollar would “get absolutely crucified and could suffer a 25-30 percent [long-term] fall.”

Also in January, Capital Economics cuts its AUD/USD year-end forecast to just US60¢.

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