The live Australian-dollar-to-Canadian-dollar rate, updated every minute. Book AUD→CAD with SummitFX on WhatsApp — same-day CAD settlement when you transact during the European afternoon.
Use the tabs to view the last week, month, year, or five years of daily closing rates. The shaded band shows the high-low range for the period — a quick visual read on volatility.
Type in either box — enter a AUD amount to see what you'd get in CAD, or enter a target CAD amount to see how many Australian dollars you'd need. Calculated at the live mid-market rate shown above.
Note: The rate shown is the live mid-market rate. Your actual executable rate includes a small spread — typically 0.5–0.9% at SummitFX vs 2–4% at a UK high street bank. We'll always show the full breakdown before you book.
AUD/CAD is the cross between two commodity-linked currencies — Australia and Canada are both major raw materials exporters with similar economic profiles. The pair is relatively stable because both currencies tend to move together on global commodity sentiment and risk appetite. Where they diverge is in their commodity baskets and trade partners: AUD responds to Chinese demand for iron ore, coal, gas, and lithium; CAD responds to US demand and oil prices. AUD/CAD movements typically reflect relative China-versus-US economic momentum more than any other single factor.
Reserve Bank of Australia policy: The RBA sets Australian interest rates and meets monthly except January. The cash rate is the dominant AUD driver. The RBA-BoC policy gap moves AUD/CAD when divergence opens up — though both central banks tend to track Fed policy direction, with Australian rates often slightly higher.
China commodity demand: China is Australia's largest trading partner, taking around 30% of Australian exports — particularly iron ore, coal, gas, and lithium. Chinese PMI, industrial production, and stimulus announcements often move AUD more than Australian domestic data. Strong Chinese demand pushes AUD/CAD higher.
Iron ore prices: Iron ore is Australia's single largest export by value, with China as the dominant buyer. Iron ore price moves can drive AUD significantly, especially when Chinese steel mill activity surges or contracts. Lithium has become similarly important given electric vehicle demand.
Australian labour and inflation: Monthly employment prints and quarterly CPI are key. Tight Australian labour market readings combined with sticky inflation tend to support the AUD by raising rate-hike expectations relative to Canada.
Risk sentiment: AUD is the textbook risk-on currency. In bullish global markets AUD typically outperforms CAD; in stress episodes AUD typically weakens more than CAD because Australian export demand is more concentrated in China than Canadian export demand is in any single market.
Bank of Canada policy: The BoC sets Canadian interest rates and meets eight times a year. The post-meeting Monetary Policy Report and Tiff Macklem's press conference are the biggest scheduled CAD events. The BoC's policy path tends to track the Fed closely given US-Canada economic integration.
Oil prices: Canada is the fifth-largest oil producer globally. Rising oil prices typically support CAD; falling oil weighs on it. WTI is the relevant benchmark. Oil moves are the key driver that distinguishes CAD from AUD — when oil rallies, CAD outperforms AUD even if base-metal commodities are weak.
US data dependency: Around 75% of Canadian exports go to the US, so Canadian growth is intimately linked to US demand. US non-farm payrolls and CPI prints often move CAD as much as Canadian-specific data. Strong US data tends to support CAD against AUD.
Canadian housing: The Canadian housing market is a major macro variable — both as a wealth effect on consumer spending and as a financial stability concern for the BoC. Housing-sector data and BoC commentary on financial stability can move the loonie.
Risk sentiment: CAD is moderately risk-on but less so than AUD. In bullish global markets both currencies strengthen, but AUD tends to outperform; in stress episodes CAD tends to hold up better than AUD because Canadian export demand is more diversified.
Australia and Canada share strong commercial and migration ties as two Anglosphere commodity exporters with similar economic structures. Bilateral trade is worth around A$5 billion annually — relatively modest given geographic distance and similar export profiles (both compete in iron ore, coal, lumber markets rather than complementing each other). The corridor's depth comes from migration and the mining sector. Australia and Canada have a Working Holiday Maker programme that sends thousands of young Australians and Canadians between the two countries each year. Mining sector overlap is significant — many Australian mining companies (BHP, Rio Tinto, Fortescue) have Canadian operations or partnerships, and Canadian mining majors (Teck, Barrick, Cameco) have Australian subsidiaries. Australian super funds also hold meaningful Canadian fixed income and infrastructure positions.
AUD→CAD settles via SWIFT through our Canadian correspondent banking network. Time-zone alignment is asymmetric — Sydney is 9-11 hours ahead of London and 14-16 hours ahead of Toronto. AUD wires from Australia in the morning reach the UK overnight and Canada in the early Canadian morning, making same-day Canadian settlement routine when bookings happen during the Australian morning.
Three things most commonly cause AUD→CAD transfers to slip past same-day:
Late AUD funding. Our cutoff is 15:00 UK time for same-day CAD release. AUD wires from Australia typically arrive in the UK during our morning, but late Australian-day bookings can miss the cutoff. SWIFT AUD wires generally take a few hours for international settlement.
Smaller Canadian bank processing. Some smaller Canadian regional banks and credit unions only post incoming SWIFT wires once or twice a day. A wire released from London at 15:30 UK (10:30 Toronto) usually arrives mid-Toronto-morning — but a smaller institution might only credit it later that day or the following morning.
Australian or Canadian holidays. Australia has state-level holidays plus federal ones (Australia Day on 26 January, Anzac Day on 25 April, Queen's Birthday in June). Canada has its own federal holidays (Canada Day on 1 July, Thanksgiving in October, Family Day in February, Victoria Day in May) plus provincial ones. The two calendars overlap on some holidays (Christmas, New Year) but differ on most others — plan around both.
For tight CAD deadlines — property completions, supplier invoices, payroll runs — book the day before so the wire is on its way at the start of the Canadian business day. Forward contracts work well for ongoing Australia-Canada mining sector flows and migration-related transfers where the move date is fixed.
AUD/CAD is the corridor for Australian residents and businesses with meaningful Canadian-dollar obligations, plus anyone with Canadian property, family, or mining sector exposure. Common use cases:
Australia and Canada have a reciprocal Working Holiday Maker programme that sends thousands of young Australians and Canadians between the two countries each year on extended visa stays. This generates ongoing AUD-CAD flow for living expenses, accommodation deposits, vehicle purchases, and family-support transfers — a steady, predictable corridor.
Australian mining majors (BHP, Rio Tinto, Fortescue, IGO) and mid-cap miners have Canadian operations or joint ventures, particularly in lithium, copper, and gold. Treasury teams use forwards to hedge predictable AUD-CAD exposure on operating costs and capex commitments.
Australian buyers — particularly former working-holiday participants who fell in love with Canada — purchasing Canadian property in Vancouver, Calgary, Toronto, and the Maritimes. Forward contracts protect deal economics from currency moves during the typical 4-8 week conveyancing window.
Australian super funds (AustralianSuper, Aware, Cbus, UniSuper, Australian Retirement Trust) holding Canadian government bonds, infrastructure, and commercial real estate. Topping up institutional positions or rebalancing portfolios generates regular AUD-CAD flow.
Australians migrating to Canada under skilled-worker programmes or family reunification — a smaller flow than the working-holiday corridor but meaningful. Large one-off transfers for savings, property sale proceeds, and relocation costs benefit from broker spreads.
Australians and Canadians returning home after working-holiday stays converting accumulated savings back to home currency. While individual amounts are typically modest, the volume of these transfers makes broker access valuable — even small percentage savings add up across thousands of returnees per year.
You can convert Australian dollars to Canadian dollars through your bank, through a transfer app, or through a broker. AUD/CAD is a cross between two commodity currencies with moderate liquidity, but bank markups remain wide for retail customers — making broker access valuable for migration, mining sector, and property flows.
Everything clients typically ask about sending Australian dollars to Canadian dollars. Still have questions? Message us on WhatsApp — a real dealer, not a bot, will reply.
We never forecast — but the chart above puts today's rate in context. AUD/CAD is relatively stable because both currencies are commodity-linked and tend to move together on global commodity sentiment. Where they diverge is in commodity baskets and trade partners — AUD responds to China demand and base metals, CAD responds to US demand and oil. Rate alerts let you set a target and wait passively.
Australian and Canadian banks typically mark up AUD/CAD by 2–4% for retail customers. SummitFX spreads are 0.5–0.9% depending on size. On an A$500,000 corporate or property transfer that's a saving of A$10,000–A$22,500 in your favour.
Book and fund by 15:00 UK time on a business day and CAD typically lands in your beneficiary's Canadian account the same Canadian business day — usually within a few hours of release. Send your AUD wire in the Australian morning to give the best chance of same-day Canadian settlement.
Yes. Canadian property purchases typically involve 4–8 weeks between firm offer and closing — plenty of time for AUD/CAD to move 2–4% against you. A forward contract fixes today's rate for delivery on completion day. You pay a deposit (typically 5–10% of the trade) upfront and settle the balance at completion.
No hard minimum — we handle trades from A$500 to A$5m+. Below around A$5,000 the spread widens slightly to cover fixed execution costs. For working-holiday participants and recurring smaller payments, market orders or standing arrangements work better than ad-hoc bookings.
The rate shown on Google, XE, or the chart above is the mid-market rate — the midpoint of interbank buy and sell quotes. Nobody gets exactly that rate; providers add a margin. Banks typically 2–4%, Wise 0.6–0.9%, SummitFX 0.5–0.9% — with our clients also getting a named dealer and WhatsApp access.
The Australia-Canada Working Holiday Maker programme is one of the most reciprocal bilateral working-visa schemes globally, sending thousands of young Australians and Canadians between the two countries each year on extended stays. This generates ongoing, predictable AUD-CAD flow for living expenses, accommodation deposits, and family support. Returnees in both directions also generate large repatriation flows. While individual transfers are typically modest, the aggregate volume makes this a meaningful retail corridor.
Your rate is locked the moment you reply CONFIRM on a quote. Even if a commodity sell-off, China data surprise, or oil price move sends AUD/CAD in either direction before your wire reaches us, the rate you receive stays exactly as booked. Locking matters most for property completions and large mining-sector transfers where rate certainty is more important than chasing the absolute best rate.
Message us on WhatsApp and we'll have a live executable rate back in seconds.