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Understanding the Table:
The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Sending money to Australia can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Australia bank accounts or pay a Australian dollar invoice.
Canadian dollar (CAD) to Australian dollar (AUD) market data - latest interbank exchange rate, trend, chart & historic rates.
CAD/AUD Outlook: Bearish, as the rate is currently below its recent average and near multi-month lows, pressured by trade uncertainties and Canadian economic factors.
CAD/USD Outlook: Likely to increase, supported by CAD trading above its recent average and near recent highs.
USD/AUD Outlook: Bearish, as the rate is below its recent average and near recent lows, pressured by ongoing USD weakness.
To help you understand the real-world value of the current exchange rate, the table below shows how much Canadian dollar are worth in Australian dollar across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
| CAD | AUD |
|---|---|
| C$ 1,000 | A$ 1,049 |
| C$ 5,000 | A$ 5,243 |
| C$ 20,000 | A$ 20,972 |
| C$ 100,000 | A$ 104,860 |
| CAD | AUD |
|---|---|
| C$ 953.70 | A$ 1,000 |
| C$ 4,769 | A$ 5,000 |
| C$ 19,074 | A$ 20,000 |
| C$ 95,370 | A$ 100,000 |
More amounts
*Converted at the current CAD-AUD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best CAD to AUD exchange rate is 1.0433 from OFX . This is -0.51% compared to the mid-market rate 1.0486.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Canadian dollar (CAD) to Australian dollar (AUD) rates from different sources before making a conversion.
The above Loonie to Aussie comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest CAD-AUD mid-rate and the possible savings of using various providers.
Looking at the full CAD to AUD - Send Money comparison table the provider with the best CAD to AUD exchange rate is OFX at 1.0433, -0.51% from the latest mid-market rate 1.0486.
The next best is XE at 1.0423, -0.6% from the mid-rate.
Then Wise at 1.0418, which is -0.65% from the mid-rate.
The Western Union rate is 1.0381 which is -1% from the mid-rate.
Among the banks the TD Bank rate is 1.0046 at -4.2% the Scotiabank rate is 1.018 at -2.9% and the Royal Bank of Canada rate is 1.0181 at -2.9% compared to the mid-rate 1.0486.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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