Individuals and businesses are sending money from CAD to AUD with CurrencyTransfer. Our platform will provide you access to multiple exchange rates to get you the best quotes within the CurrencyTransfer Network.
With CurrencyTransfer, converting CAD to Australian Dollar is simple.
From small to large transfers of Canadian Dollar to Australian Dollar, CurrencyTransfer connects you with FCA-regulated specialists who can help you secure competitive exchange rates - often better than high-street banks.
Our team of relationship managers will evaluate your international money transfer needs and match you with the best pre-approved and FCA-regulated currency supplier for transferring and exchanging Canadian Dollar to Australian Dollar.
For Canadians relocating to Australia or supporting family down under - property, education, or family support. Get a free quote today.
Rates and information last updated:
The right approach depends on how much you're sending:
Under C$9,000 - specialist providers compete aggressively on price at this level. Our platform shows total cost including exchange rate margins, so you see exactly what your recipient gets.
C$175,000+ - call a dealing desk. At this level, forward contracts, staged transfers, and dedicated relationship managers make a real difference. See our guide for C$175,000 CAD transfers →
About CAD to AUD Transfers
Currency status: Neither CAD nor AUD maintains any peg arrangement, with both floating based on market supply and demand. The Bank of Canada and Reserve Bank of Australia conduct independent monetary policy, though both respond to global commodity cycles. CAD tracks oil prices while AUD follows iron ore and coal, creating interesting dynamics when energy and mining diverge.
Typical volatility: Medium volatility characterises CAD/AUD, with potential for larger moves when oil and mining commodity prices diverge significantly. Over a typical 60-90 day Australian property transaction timeline, rate movements of 4-7% have occurred historically. On C$75,000, a 5% adverse movement represents C$3,750 in lost value, making forward contracts relevant for transactions with fixed deadlines.
Timing: Transfers initiated during Canadian banking hours benefit from Australian settlement processing the following business day. The 13-17 hour time zone gap means morning transfers from Toronto process during Sydney evening and settle next Australian business day. For Australian property settlements with fixed dates, factor in this effective day delay when planning final payments.
May suit existing Australian banking relationships
Forward contract
Rate locked now, settles on future date
Requires deposit, ideal for property transactions
Typical timing (not guaranteed). Actual delivery times may vary based on banking hours, holidays, and compliance checks.
Common Reasons to Transfer CAD to AUD
Deposit payments for Australian investment properties or emigration homes
Full academic year tuition and living expenses for children studying in Australia
Emigration funding for permanent relocation under skilled worker visa programmes
Investment funding for Australian business ventures or startup equity stakes
Tips for CAD to AUD Transfers
The following are general considerations - your situation may differ.
Fees: request flat fees rather than accepting percentage-based charges at this transfer size. A 0.5% fee on C$70,000 costs C$350, compared to flat fees of C$25-50 from competitive currency specialists. Building a relationship with a single provider often unlocks preferential pricing. Many providers waive fees entirely for transfers above C$40,000.
Exchange rate: Contact the dealing desk directly rather than accepting automated online rates. Dealers maintain margin flexibility for medium-sized transfers and typically improve rates by 0.15-0.35% when asked, representing C$105-245 additional value on C$70,000. Regular transferring customers often receive preferred rates without needing to secure each time.
Timing: Track Bank of Canada and RBA meeting schedules. Oil price movements via WTI benchmarks affect CAD, while iron ore prices move AUD. Consider executing transfers either before major announcements to avoid uncertainty, or waiting several hours afterward for markets to stabilise. Forward contracts eliminate timing risk entirely for planned future payments.
Transfer times for CAD to AUD typically range from 1-2 business days, depending on the provider and payment method. Priority SWIFT transfers can arrive same-day if submitted before 14:00 GMT. Typical timing (not guaranteed). Actual delivery depends on provider, verification requirements, and banking hours in both countries.
For CAD to AUD transfers, comparing exchange rates is essential as rate differences can significantly impact how much AUD you receive. CurrencyTransfer connects you with FCA-regulated specialists who can help you secure competitive rates, often better than high-street banks, especially for larger transfers.
Yes. CurrencyTransfer coordinates transfers through FCA-regulated payment partners. Your funds are held in segregated client accounts throughout the transfer process. We've facilitated over £5 billion in transfers since 2014, with dedicated relationship managers for high-value transfers.
No hidden fees. You'll see all fees and the exact exchange rate upfront before you confirm your transfer. Once you book, that rate is locked in, so there'll be no surprises later.
International transfers may require identity verification and source of funds documentation. Reporting requirements vary by jurisdiction and transfer amount. For specific regulatory obligations, check with relevant authorities in your country. CurrencyTransfer connects you with FCA-regulated partners who maintain compliance with applicable anti-money laundering regulations.
