The Scotiabank CAD to AUD rate is 1.0893. This is -3.5% below the mid-rate. Compare Scotiabank currency conversion rates - Reduce FX costs.
The Scotiabank CAD to AUD exchange rate is 1.0893. This is -3.5% compared to the latest CAD-AUD mid-market rate 1.1292.
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 1.1236 from OFX, -0.5% from the mid-market rate 1.1292. The next best rate is 1.1225 from XE, -0.59% from the mid-rate. Then Wise with 1.1213 is -0.7% from the mid-rate.
The Western Union rate is 1.1179 which is -1% from the mid-rate.
Among the banks, the TD Bank rate is 1.0179 at -9.9%, the Scotiabank rate is 1.0893 at -3.5%, and the Royal Bank of Canada rate is 1.0987 at -2.7% compared to the mid-rate 1.1292.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Scotiabank 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 Scotiabank 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 | Scotiabank Send Money Rate | Cost% |
|---|---|---|---|
| CAD - AUD | 1.1292 | 1.0893 | -3.5% |
| CAD - BBD | 1.4399 | 1.3643 | -5.3% |
| CAD - BMD | 0.7200 | 0.6816 | -5.3% |
| CAD - BSD | 0.7200 | 0.6816 | -5.3% |
| CAD - CHF | 0.5861 | 0.5676 | -3.2% |
| CAD - DKK | 4.7249 | 4.5704 | -3.3% |
| CAD - EUR | 0.6331 | 0.6106 | -3.6% |
| CAD - GBP | 0.5429 | 0.5225 | -3.8% |
| CAD - GYD | 150.53 | 143.25 | -4.8% |
| CAD - HKD | 5.5884 | 5.3821 | -3.7% |
| CAD - INR | 61.63 | 59.61 | -3.3% |
| CAD - JMD | 114.01 | 107.99 | -5.3% |
| CAD - JPY | 102.54 | 98.73 | -3.7% |
| CAD - KYD | 0.5996 | 0.5594 | -6.7% |
| CAD - MXN | 14.38 | 13.92 | -3.2% |
| CAD - NOK | 7.6211 | 7.3855 | -3.1% |
| CAD - NZD | 1.2178 | 1.1754 | -3.5% |
| CAD - SAR | 2.7011 | 2.5954 | -3.9% |
| CAD - SEK | 7.0350 | 6.8306 | -2.9% |
| CAD - SGD | 0.9452 | 0.9150 | -3.2% |
| CAD - TTD | 4.8863 | 4.6275 | -5.3% |
| CAD - USD | 0.7200 | 0.6988 | -2.9% |
| CAD - ZAR | 13.56 | 13.11 | -3.3% |
The Scotiabank Loonie to Aussie comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Scotiabank and other foreign exchange providers against the latest CAD-AUD mid-rate (see Market Data below ) and the possible savings of using various providers.
Scotiabank is a Canadian multinational bank and a leading financial institution in North and South America. The bank offers a wide range of financial products and services to individuals, businesses, and institutions, including banking, investment, and insurance services.
One of the financial products offered by Scotiabank is wire transfers. Wire transfers are a secure and fast way to transfer funds between banks in different countries. With Scotiabank wire transfers, you can send money to over 100 countries in a variety of currencies.
When you get a quote for your Wire Transfer from Scotiabank on their website or in-app, you can also see the Scotiabank exchange rate, but it can be difficult to then calculate how much markup from the market rate you are being charged.
Our research shows that on average, Scotiabank profit margin for foreign exchange rates is somewhere between 3 - 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.
Canadian dollar (CAD) to Australian dollar (AUD) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | CAD/AUD | Change | Period |
|---|---|---|---|
02 Apr 2025 | 1.1220 | 0.8% ▲ | 2 Week |
16 Jan 2025 | 1.1187 | 1.1% ▲ | 3 Month |
16 Apr 2024 | 1.1283 | 0.2% ▲ | 1 Year |
17 Apr 2020 | 1.1218 | 0.8% ▲ | 5 Year |
19 Apr 2015 | 1.0479 | 7.9% ▲ | 10 Year |
21 Apr 2005 | 1.0404 | 8.7% ▲ | 20 Year |
Here are some popular conversion amounts for CAD to AUD (Canadian dollar to Australian dollar)*.
| CAD | AUD |
|---|---|
| C$ 1,000 | A$ 1,129 |
| C$ 5,000 | A$ 5,646 |
| C$ 20,000 | A$ 22,584 |
| C$ 100,000 | A$ 112,920 |
| CAD | AUD |
|---|---|
| C$ 885.60 | A$ 1,000 |
| C$ 4,428 | A$ 5,000 |
| C$ 17,712 | A$ 20,000 |
| C$ 88,560 | 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 presents a mixed outlook based on recent market developments and analyst forecasts. Currently, CAD is trading at seven-day lows around 1.1435, a level that is 2.5% above its three-month average of 1.1153. This performance comes amid significant volatility in the oil market, with OIL resolving at 64.76, which is 11.9% below its three-month average of 73.47. Analysts note that oil prices have been fluctuating within a range of 33.4%, from 61.58 to 82.16, reflecting a volatile energy market. Given Canada's position as a major oil exporter, the CAD is typically impacted when oil prices decline, which raises concerns about its future strength against the AUD.
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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