The Royal Bank of Canada CAD to AUD rate is 1.0946. This is -2.6% below the mid-rate. Compare Royal Bank of Canada currency conversion rates - Reduce FX costs.
The Royal Bank of Canada CAD to AUD exchange rate is 1.0946. This is -2.6% compared to the latest CAD-AUD mid-market rate 1.1236.
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.
Looking at our comparison table the best CAD to AUD exchange rate is 1.118 from OFX, -0.5% from the mid-market rate 1.1236. The next best rate is 1.1169 from XE, -0.6% from the mid-rate. Then Wise with 1.1157 is -0.7% from the mid-rate.
The Western Union rate is 1.1124 which is -1% from the mid-rate.
Among the banks, the TD Bank rate is 1.0179 at -9.4%, the Scotiabank rate is 1.0870 at -3.3%, and the Royal Bank of Canada rate is 1.0946 at -2.6% compared to the mid-rate 1.1236.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Royal Bank of Canada 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.
The table below shows Royal Bank of Canada Canadian dollar (CAD) Send Money exchange rates with the percentage of margin being charged from the current market mid-rate :
| Currency route | Mid market rate | Royal Bank of Canada Send Money Rate | Cost% |
|---|---|---|---|
| CAD - AED | 2.6450 | 2.5773 | -2.6% |
| CAD - AUD | 1.1236 | 1.0946 | -2.6% |
| CAD - CHF | 0.5964 | 0.5814 | -2.5% |
| CAD - CZK | 15.83 | 15.36 | -3% |
| CAD - DKK | 4.7306 | 4.6104 | -2.5% |
| CAD - EUR | 0.6336 | 0.6153 | -2.9% |
| CAD - FJD | 1.6260 | 1.5763 | -3.1% |
| CAD - GBP | 0.5409 | 0.5248 | -3% |
| CAD - HKD | 5.5875 | 5.4466 | -2.5% |
| CAD - INR | 61.49 | 59.74 | -2.8% |
| CAD - JPY | 103.46 | 100.41 | -2.9% |
| CAD - MXN | 14.05 | 13.70 | -2.5% |
| CAD - NOK | 7.5162 | 7.2939 | -3% |
| CAD - NZD | 1.2070 | 1.1762 | -2.6% |
| CAD - PHP | 40.50 | 38.79 | -4.2% |
| CAD - SAR | 2.7011 | 2.6323 | -2.5% |
| CAD - SEK | 6.9738 | 6.7843 | -2.7% |
| CAD - SGD | 0.9463 | 0.9227 | -2.5% |
| CAD - USD | 0.7201 | 0.7058 | -2% |
The Royal Bank of Canada Loonie to Aussie comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Royal Bank of Canada and other foreign exchange providers against the latest CAD-AUD mid-rate (see Market Data below ) and the possible savings of using various providers.
RBC, also known as the Royal Bank of Canada, is one of the largest banks in Canada and a leading financial institution globally. The bank offers a wide range of financial products and services to individuals, businesses, and institutions, including personal and commercial banking, investment and wealth management, insurance, and capital markets services.
When you get a quote for your Wire Transfer from RBC on their website or in-app, you can also see the RBC exchange rate, but it can be difficult to then calculate how much markup you are being charged.
While RBC do publish their exchange rates here - Foreign Exchange Currency Converter, they do not reveal the markup on these rates.
Our research shows that on average, RBC markup for foreign exchange rates is somewhere between 3 - 7.5%, 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.
Canadian dollar (CAD) to Australian dollar (AUD) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | CAD/AUD | Change | Period |
|---|---|---|---|
11 Apr 2025 | 1.1469 | 1.9% ▼ | 2 Week |
25 Jan 2025 | 1.1036 | 1.9% ▲ | 3 Month |
25 Apr 2024 | 1.1223 | 0.2% ▲ | 1 Year |
26 Apr 2020 | 1.1078 | 1.5% ▲ | 5 Year |
28 Apr 2015 | 1.0345 | 8.7% ▲ | 10 Year |
30 Apr 2005 | 1.0198 | 10.3% ▲ | 20 Year |
Here are some popular conversion amounts for CAD to AUD (Canadian dollar to Australian dollar)*.
| CAD | AUD |
|---|---|
| C$ 1,000 | A$ 1,124 |
| C$ 5,000 | A$ 5,618 |
| C$ 20,000 | A$ 22,472 |
| C$ 100,000 | A$ 112,360 |
| CAD | AUD |
|---|---|
| C$ 890.00 | A$ 1,000 |
| C$ 4,450 | A$ 5,000 |
| C$ 17,800 | A$ 20,000 |
| C$ 89,000 | 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 CAD to AUD exchange rate has recently faced pressure, primarily due to falling oil prices impacting the Canadian dollar (CAD). Analysts note that the CAD is heavily dependent on oil price dynamics, as Canada is one of the world's largest oil exporters. Current trends show that oil prices have dropped significantly, with OIL/USD trading at $66.87, which is 6.8% below its three-month average of $71.74. This decline is likely contributing to the CAD's recent performance, as the currency is now at 14-day lows near 1.1236 and only slightly above its three-month average of 1.1165. The CAD is typically expected to weaken when oil prices fall, reflecting the country's reliance on energy exports.
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.
Read more at our Australia (AUD) country guide
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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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