Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 90.5% of Canada to Australia searches, and was the top rated company out of 18 that support CAD to AUD.
So for a great mix of cost, speed & features, make your Canada to Australia transfer using Wise.
How to compare companies offering money transfers from Canada to Australia
Important things to consider before sending money from Canada to Australia
Don't settle for the first option. Always compare ways to send money from Canada to Australia to find out about fees, speed, and reliability.
Our analysis included 18 providers that operate between Canada and Australia.
Through this, you get a comprehensive view of all the options you have in Canada when you need to send money to Australia.
Cheapest way to send money to Australia from Canada: Key Currency
Data collected over the past six months shows that Key Currency is 0.1% cheaper than the second-best option.
The $0 transfer cost represents the most common fee for CAD to AUD international transfers, based on data from the past six months.
If you want to secure the best rates on a CAD to Australia transfer, make sure you pick Key Currency to send your money online.
*The most common fee applied to CAD-AUD by Key Currency, based on data from the past six months.
Fastest way to transfer money to Australia from Canada: Paysend.
Through our data, we found Paysend to be the fastest option for sending money from Canada into Australian Dollar in 52.4% of occasions. For fast CAD to AUD money transfers, Paysend comes highly recommended.
Canada to Australia transfers with Paysend have an average fee of 0 CAD.
To test that Paysend was the 'fastest' option we compared 18 providers. With this, we compared overall speed of sending money from Canada to Australia made up of depositing Canadian Dollars, to a money transfer account and transfer times to Australia.
When sending at speed is a priority, Paysend is our recommended choice for sending into Australia from Canada.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send CAD from Canada to Australia, it’s the provider that will keep you safe and relaxed while your money moves into AUD.
Understanding the cost of transferring money to Australia from {countryFromName}}
Fees and exchange rates make up the total cost of sending money from Australia to Australia. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current CAD-AUD mid-market rate is 1.097 AUD per Canadian Dollar. You will get more Australian Dollar for your Canadian Dollars if you find a provider close to this number.
For context, over the last three months the CAD-AUD mid-market rate has had a high of 1.1076, a low of 1.0835 and averaged 1.0992 AUD per Canadian Dollar.
Across the 18 companies compared, the best exchange rate is with Wise.
Unless fees are unusually high, the exchange rate you receive on converting CAD to AUD will be the biggest determining factor when working out the cost of transferring Canadian Dollars to Australia.
Fees: Transfer fees are charged as part of the transfer. Key Currency at an average of 0 CAD per transfer over the last 6 months, offers the lowest fees overall. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Australian Dollar eventually received in Australia. You can assume that a lower cost of sending from Canada will result in more money received in Australia.
How to find the best exchange rate for Canada to Australia
Timing is essential for sending money between CAD and AUD. The exchange rate you secure impacts how much AUD you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to AUD has seen some fluctuation. On average, it stood at 1.0992.
During this period, the highest value recorded was 1.1076, while the lowest was 1.0835.
Wise, which is our recommended service to send money online from Canada to Australia offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best CAD-Australian Dollar exchange rates?
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Paying for your Canada to Australia transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Australia and Canada.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Canada to Australia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to AUD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.