The CIBC CAD to AUD rate is 1.0427. This is -6.2% below the mid-rate. Compare CIBC currency conversion rates - Reduce FX costs.
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The CIBC CAD to AUD exchange rate is 1.0427. This is -6.2% compared to the latest CAD-AUD mid-market rate 1.1116.
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 CIBC Loonie to Aussie comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by CIBC and other foreign exchange providers against the latest CAD-AUD mid-rate (see Market Data below ) and the possible savings of using various providers.
One of Canada’s so-called “Big Five”, the Canadian Imperial Bank of Commerce was formed by the merger in 1961 of the Canadian Bank of Commerce and the Imperial Bank of Canada and is seen as a trusted banking institution.
The CIBC Global Money Transfer service aims to allow customers to move money across borders just as easily as making a domestic wire transfer.
When you get a quote for your Global Money Transfer from CIBC on their website or in-app, you can also see the CIBC exchange rate, but it can be difficult to then calculate how much you are being charged.
CIBC does not publish their exchange rates publicly which is frustrating. Our BER International Money Transfer partners tend to offer guaranteed transparency on all conversions.
Our research shows that on average, CIBC profit margin for foreign exchange rates is somewhere between 4 - 8%, depending on the amount you're sending, where you're sending it to and which currency will be received.
While all banks in Canada charge this markup, the extra amount being charged is much higher than it would be with a global money transfer specialist.
Note the limit with CIBC Global Money Transfer in a 24-hour period is C$30,000, if paying via credit-card C$15,000.
Canadian dollar (CAD) to Australian dollar (AUD) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | CAD/AUD | Change | Period |
|---|---|---|---|
01 May 2025 | 1.1308 | 1.8% ▼ | 2 Week |
14 Feb 2025 | 1.1105 | 0% ▲ | 3 Month |
15 May 2024 | 1.0976 | 1.2% ▲ | 1 Year |
16 May 2020 | 1.1050 | 0.5% ▲ | 5 Year |
18 May 2015 | 1.0320 | 7.6% ▲ | 10 Year |
20 May 2005 | 1.0469 | 6.1% ▲ | 20 Year |
Here are some popular conversion amounts for CAD to AUD (Canadian dollar to Australian dollar)*.
| CAD | AUD |
|---|---|
| C$ 1,000 | A$ 1,112 |
| C$ 5,000 | A$ 5,558 |
| C$ 20,000 | A$ 22,232 |
| C$ 100,000 | A$ 111,160 |
| CAD | AUD |
|---|---|
| C$ 899.60 | A$ 1,000 |
| C$ 4,498 | A$ 5,000 |
| C$ 17,992 | A$ 20,000 |
| C$ 89,960 | A$ 100,000 |
More amounts
*Converted at the current CADAUD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Canadian dollar (CAD) has shown recent weakness, particularly influenced by the decline in oil prices. Analysts note that the CAD, often referred to as the “loonie,” is heavily tied to oil prices given Canada's status as a major oil exporter. With oil trading at 66.09 USD—4.3% below its three-month average of 69.06 USD—forecasts indicate further potential depreciation for the loonie if crude prices continue to fall. Traders expect that fluctuations in oil prices will continue to significantly impact CAD exchange rates.
Read our full review of recent CAD to AUD forecasts.
There are several ways to save on exchange rates when converting Canadian dollar to Australian dollar:
Generally speaking, if you are buying Australian dollar with Canadian dollar, then it's better for the CAD/AUD exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.
Read our Currency guide to Australia — a practical currency and money guide to travel in Australia plus living and doing business with the Australian dollar.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
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 personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| Australia (AUD) | Canada (CAD) |  Christmas Island (AUD) |
 Cocos Keeling Islands (AUD) |  Heard and McDonald Islands (AUD) |  Kiribati (AUD) |
 Nauru (AUD) |  Norfolk Island (AUD) |  Tuvalu (AUD) |
There are no limits on the amount of money that can be sent to or from Australia. However, there may be fees and exchange rates that apply when sending money internationally, and these costs can vary depending on the method of transfer and the country where the money is being sent.
If you are sending a large amount of money to or from Australia, it is a good idea to compare the fees and exchange rates offered by different money transfer providers to find the most cost-effective option.
It is also important to note that there are some reporting requirements in Australia for international money transfers. If you are sending or receiving an amount of AUD 10,000 or more, you are required to report the transaction to the Australian Transaction Reports and Analysis Centre (AUSTRAC). This requirement applies to both individuals and businesses.
Additionally, if you are sending money to or from a country that is considered to be a "high risk" for money laundering or terrorism financing, you may be required to provide additional documentation or information to comply with Australian anti-money laundering and counter-terrorism financing laws.
Read more at our Australia (AUD) country guide
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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