Understanding the Table:
The comparison table above helps you see the total cost of your Wise 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’.
The average CAD rate margin offered by Wise is 0.78%.
This average is based on individual CAD 10K transfer rates in the currency pairs from Wise that we monitor.
The tables below show the best and worst exchange rate margins offered by Wise for Canadian dollar (CAD 10K) transactions. Margins show the percentage difference from the mid-market rate.
Canadian dollar (CAD) to Australian dollar (AUD) market data - latest interbank exchange rate, trend, chart & historic rates.
CAD/AUD Outlook: The outlook for CAD/AUD is slightly weaker, likely to move sideways, as it is currently 2.
CAD/USD Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average, yet lacks a clear driver.
USD/AUD Outlook: Bearish, as the rate is below its recent average and near recent lows, primarily driven by fading USD strength.
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$ 1,054 |
| C$ 5,000 | A$ 5,268 |
| C$ 20,000 | A$ 21,070 |
| C$ 100,000 | A$ 105,350 |
| CAD | AUD |
|---|---|
| C$ 949.20 | A$ 1,000 |
| C$ 4,746 | A$ 5,000 |
| C$ 18,984 | A$ 20,000 |
| C$ 94,920 | 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 Wise CAD to AUD exchange rate is 1.047. This is -0.62% compared to the latest CAD-AUD mid-market rate 1.0535.
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 Wise - Loonie to Aussie comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Wise 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 1.0482, -0.5% from the latest mid-market rate 1.0535.
The next best is XE at 1.0472, -0.6% from the mid-rate.
Then Wise at 1.047, which is -0.62% from the mid-rate.
The Western Union rate is 1.043 which is -1% from the mid-rate.
Among the banks the TD Bank rate is 1.0093 at -4.2% the Scotiabank rate is 1.0182 at -3.4% and the Royal Bank of Canada rate is 1.0233 at -2.9% compared to the mid-rate 1.0535.
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 like Wise 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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