AUD CAD is the Australian Dollar/Canadian Dollar currency pair that shows the value of 1 AUD (the official currency of Australia) in CAD (the official currency of Canada).
AUD CAD currency pair value for Australia
For Australia, the AUD CAD currency pair is one of the most important in the Forex currency market, where any fiat (fiduciary) money is converted, even very exotic pairs
- AUD XCD (Australian dollar to East Caribbean dollar exchange rate),
- AUD HTG (Australian dollar to Haitian gourde exchange rate),
- AUD HNL (Australian dollar to Honduran lempira exchange rate),
- AUD MVR (Australian dollar to Maldivian rufiyaa exchange rate),
- AUD BTN (Australian dollar to Bhutan ngultrum exchange rate),
- AUD AFN (Australian dollar to Afghan Afghani exchange rate),
- AUD WST (Australian dollar to Samoan tala exchange rate),
- AUD VUV (Australian dollar to Vanuatu vat exchange rate).
According to ISO 4217 and IMF currency codes, most world currencies are partially convertible. These are the Peruvian sol, the Turkish lira, the Vietnamese dong, the Azerbaijani manat, the Brazilian real, the Chilean peso, the Kuwaiti dinar, the Indonesian rupiah and many others.
A total of 18 currencies are classified as freely convertible (FC). The Australian and Canadian dollars are among them.
How the Central Bank of Australia forms the exchange rate of the Australian dollar (AUD) to the Canadian dollar (CAD)
The AUD CAD cross rate is formed according to the Jamaican currency system:
- The Central Bank of Australia uses current quotes of the Canadian dollar and Australian dollar to the US dollar from prime brokers to calculate the AUD CAD rate.
- Example
- exchange rate USD CAD (1 USD =? CAD) = 1.28;
- exchange rate USD AUD (1 USD =? AUD) = 1.30;
- exchange rate AUD CAD (1 AUD =? CAD) = 1.28 divided by 1.30 = 0.9846.
This way we will find out: what is the AUD CAD exchange rate today - how many Canadian dollars is worth one Australian dollar.
If we are interested in how many Australian dollars one Canadian dollar is worth (1 CAD =? AUD), divide 1.30 by 1.28. Accordingly, the CAD AUD exchange rate under the given conditions is 1.0156.
If the exchange rate of the Canadian dollar or Australian dollar to the US dollar changes, the AUD CAD cross rate immediately changes.
Additional material on currency systems:
- Genoese currency system,
- Bretton Woods currency system,
- Parisian currency system.
Long-term Canadian dollar exchange rate forecast for 2021, 2021, 2022, 2023, 2024 and 2025.
| Month | Open | Min-Max | Closing rate (forecast) | Months,% | Total,% |
| 2021 | |||||
| May | 60.92 | 59.71 — 62.13 | ▲ 62.13 1.95% | 1.95% | 3.90% |
| June | 62.13 | 59.73 — 64.53 | ▼ 59.73 -1.99% | -1.99% | 7.44% |
| July | 59.73 | 58.54 — 60.92 | ▼ 60.92 0.00% | 0.00% | 3.91% |
| August | 60.92 | 60.64 — 61.20 | ▲ 61.20 0.46% | 0.46% | 0.92% |
| September | 61.20 | 60.78 — 61.62 | ▼ 60.78 -0.23% | -0.23% | 1.36% |
| October | 60.78 | 60.57 — 60.99 | ▲ 60.99 0.11% | 0.11% | 0.69% |
| november | 60.99 | 60.53 — 61.45 | ▲ 61.45 0.86% | 0.86% | 1.50% |
| December | 61.45 | 61.27 — 61.63 | ▲ 61.63 1.15% | 1.15% | 0.58% |
| 2022 | |||||
| January | 61.63 | 60.07 — 63.19 | ▼ 60.07 -1.41% | -1.41% | 4.94% |
| February | 60.07 | 59.50 — 60.64 | ▼ 60.64 -0.46% | -0.46% | 1.88% |
| March | 60.64 | 59.78 — 61.50 | ▲ 61.50 0.94% | 0.94% | 2.80% |
| April | 61.50 | 61.26 — 61.74 | ▲ 61.74 1.33% | 1.33% | 0.78% |
| May | 61.74 | 61.54 — 61.94 | ▲ 61.94 1.65% | 1.65% | 0.65% |
| June | 61.94 | 60.60 — 63.28 | ▼ 60.60 -0.53% | -0.53% | 4.24% |
| July | 60.60 | 59.73 — 61.47 | ▼ 59.73 -1.99% | -1.99% | 2.83% |
| August | 59.73 | 58.88 — 60.58 | ▼ 60.58 -0.56% | -0.56% | 2.81% |
| September | 60.58 | 59.83 — 61.33 | ▼ 59.83 -1.82% | -1.82% | 2.45% |
| October | 59.83 | 58.61 — 61.05 | ▲ 61.05 0.21% | 0.21% | 4.00% |
| november | 61.05 | 60.90 — 61.20 | ▲ 61.20 0.46% | 0.46% | 0.49% |
| December | 61.20 | 60.42 — 61.98 | ▼ 60.42 -0.83% | -0.83% | 2.52% |
| 2023 | |||||
| January | 60.42 | 58.75 — 62.09 | ▲ 62.09 1.88% | 1.88% | 5.38% |
| February | 62.09 | 61.25 — 62.93 | ▲ 61.25 0.54% | 0.54% | 2.67% |
| March | 61.25 | 61.13 — 61.37 | ▲ 61.37 0.73% | 0.73% | 0.39% |
| April | 61.37 | 59.79 — 62.95 | ▼ 59.79 -1.89% | -1.89% | 5.02% |
| May | 59.79 | 58.27 — 61.31 | ▲ 61.31 0.64% | 0.64% | 4.96% |
| June | 61.31 | 61.17 — 61.45 | ▲ 61.17 0.41% | 0.41% | 0.46% |
| July | 61.17 | 60.20 — 62.14 | ▼ 60.20 -1.20% | -1.20% | 3.12% |
| August | 60.20 | 59.29 — 61.11 | ▲ 61.11 0.31% | 0.31% | 2.98% |
| September | 61.11 | 60.89 — 61.33 | ▲ 61.33 0.67% | 0.67% | 0.72% |
| October | 61.33 | 60.54 — 62.12 | ▲ 62.12 1.93% | 1.93% | 2.54% |
| november | 62.12 | 59.71 — 64.53 | ▼ 59.71 -2.03% | -2.03% | 7.47% |
| December | 59.71 | 57.29 — 62.13 | ▲ 62.13 1.95% | 1.95% | 7.79% |
| 2024 | |||||
| January | 62.13 | 60.53 — 63.73 | ▼ 60.53 -0.64% | -0.64% | 5.02% |
| February | 60.53 | 59.04 — 62.02 | ▲ 62.02 1.77% | 1.77% | 4.80% |
| March | 62.02 | 60.74 — 63.30 | ▼ 60.74 -0.30% | -0.30% | 4.04% |
| April | 60.74 | 59.83 — 61.65 | ▲ 61.65 1.18% | 1.18% | 2.95% |
| May | 61.65 | 59.93 — 63.37 | ▼ 59.93 -1.65% | -1.65% | 5.43% |
| June | 59.93 | 58.61 — 61.25 | ▲ 61.25 0.54% | 0.54% | 4.31% |
| July | 61.25 | 59.73 — 62.77 | ▼ 59.73 -1.99% | -1.99% | 4.84% |
| August | 59.73 | 59.49 — 59.97 | ▼ 59.97 -1.58% | -1.58% | 0.80% |
| September | 59.97 | 59.39 — 60.55 | ▼ 60.55 -0.61% | -0.61% | 1.92% |
| October | 60.55 | 59.77 — 61.33 | ▼ 59.77 -1.92% | -1.92% | 2.54% |
| november | 59.77 | 57.69 — 61.85 | ▲ 61.85 1.50% | 1.50% | 6.73% |
| December | 61.85 | 59.90 — 63.80 | ▼ 59.90 -1.70% | -1.70% | 6.11% |
| 2025 | |||||
| January | 59.90 | 58.56 — 61.24 | ▲ 61.24 0.52% | 0.52% | 4.38% |
| February | 61.24 | 60.51 — 61.97 | ▲ 61.97 1.69% | 1.69% | 2.36% |
| March | 61.97 | 60.02 — 63.92 | ▼ 60.02 -1.50% | -1.50% | 6.10% |
| April | 60.02 | 58.98 — 61.06 | ▲ 61.06 0.23% | 0.23% | 3.41% |
| May | 61.06 | 60.29 — 61.83 | ▲ 61.83 1.47% | 1.47% | 2.49% |
| June | 61.83 | 61.73 — 61.93 | ▲ 61.73 1.31% | 1.31% | 0.32% |
| July | 61.73 | 59.95 — 63.51 | ▼ 59.95 -1.62% | -1.62% | 5.61% |
| August | 59.95 | 59.73 — 60.17 | ▼ 59.73 -1.99% | -1.99% | 0.73% |
| September | 59.73 | 57.68 — 61.78 | ▲ 61.78 1.39% | 1.39% | 6.64% |
| October | 61.78 | 60.88 — 62.68 | ▼ 60.88 -0.07% | -0.07% | 2.87% |
| november | 60.88 | 60.15 — 61.61 | ▲ 61.61 1.12% | 1.12% | 2.37% |
| December | 61.61 | 61.12 — 62.10 | ▲ 61.12 0.33% | 0.33% | 1.58% |
| 2026 | |||||
| January | 61.12 | 60.16 — 62.08 | ▲ 62.08 1.87% | 1.87% | 3.09% |
| February | 62.08 | 61.45 — 62.71 | ▲ 61.45 0.86% | 0.86% | 2.01% |
| March | 61.45 | 60.86 — 62.04 | ▲ 62.04 1.81% | 1.81% | 1.90% |
| April | 62.04 | 61.03 — 63.05 | ▲ 61.03 0.18% | 0.18% | 3.20% |
| May | 61.03 | 59.93 — 62.13 | ▼ 59.93 -1.65% | -1.65% | 3.54% |
| June | 59.93 | 59.90 — 59.96 | ▼ 59.96 -1.60% | -1.60% | 0.10% |
| July | 59.96 | 59.18 — 60.74 | ▼ 60.74 -0.30% | -0.30% | 2.57% |
| August | 60.74 | 60.45 — 61.03 | ▲ 61.03 0.18% | 0.18% | 0.95% |
| September | 61.03 | 59.83 — 62.23 | ▼ 59.83 -1.82% | -1.82% | 3.86% |
| October | 59.83 | 58.92 — 60.74 | ▼ 60.74 -0.30% | -0.30% | 3.00% |
| november | 60.74 | 60.48 — 61.00 | ▼ 60.48 -0.73% | -0.73% | 0.85% |
| December | 60.48 | 59.14 — 61.82 | ▲ 61.82 1.46% | 1.46% | 4.34% |
Wiki Masterforex-V: Canadian economy and its impact on the AUD CAD rate
Canada is a country in the northern part of North America. It is second only in area. It has rich mineral deposits. It is among the top ten countries in terms of GDP (nominal), a member of the Big Seven (G7).
When forecasting the exchange rate (world price) of AUD CAD, analysts resort to methods of technical and fundamental analysis, comparing various economic indicators of Australia and Canada. This is government debt, credit ratings from Fitch Ratings, Moody's and Standard & Poor's, foreign exchange reserves, state budget, GDP, economic growth rates, inflation, places in economic ratings, foreign trade balance, etc.
Wiki Masterforex-V about finance and economy of Canada:
- Canadian economy - agriculture, what makes the Canadian economy successful, Canadian tourism, Canadian oil, Canadian minerals, budget deficit, Canada's leading export-import partners;
- Canada's exports - zinc, asbestos, potatoes, live cattle, rail cars, road transport, oil, gold, air transport, gas oil, steel, corn, lumber, copper, gadgets and other electronics, snowmobiles, wheat, electricity, apples, cheese, fuel oil, ginseng root, frozen bacon, iron, titanium, wine, natural gas, diesel, biodiesel, equipment, rapeseed oil, uranium, pork carcasses, butter, eggs, fish and seafood, oats, barley, sunflower, nickel, tobacco, etc. .
- Canada Imports – Methanol, Peppermint Oil, Aluminum, Shoes, Lithium, Soybean Oil, Soybeans, Pepper, Palladium, Brass, Cotton, Cocoa, Castor Oil, Ethylene, Orange Juice, Rice, Polypropylene, Cardamom, Soybean Meal, Plastic, Coffee, clothing, sugar, tin, molybdenum, jute, palm oil, spare parts and components, cobalt, lead, etc.;
- Finance in the Canadian economy - Canadian banks;
- Canadian currency - Canadian money, CAD dossier, change coins, dollar banknotes;
- Financial regulators of the non-cash, cash and quasi-money market – Bank of Canada, IIROC;
- Exchange of Canada - Toronto Stock Exchange (TSX) and its stock indices - S&P/TSX Composite, S&P/TSX Completion, S&P/TSX 60. See stock exchanges in the author's rating of stock exchanges of the Masterforex-V Academy;
- Brokers in Canada – NordFX, Swissquote, Saxo Bank, FOREX.com, FIBO Group, FINAM FOREX, ForexStart, CapTrader, DF Markets, Pepperstone, 770capital, AMEGA, Xtreamforex, Dukascopy, Alpari, FxPro, XTrade, VTB Forex, Interactive Brokers, ForexChief , HQBroker, LBLV, SimpleFX, Tradershome, PSB-Forex, Weltrade, AvaTrade, Oanda, FXCM, BlackBull Markets, FP Markets, FTM Brokers, IC Markets, IronFX, AxiTrader, IFC Markets, StreamForex, Gerchik & Co, MTrading, EasyMarkets and etc.;
- Payment systems for converting Canadian dollars (CAD): Google Pay, Mastercard, Transferwise, Money Online, Western Union, Yandex. Money, American Express, Cloudpayments, Skrill, Alfa Click, JCB, Pay pro, UnionPay, Paxum, Eleksnet, Samsung Pay, Privat 24, Payeer, Apple Pay, Prostir, Maxipey, Single Cashier, Visa, Momentom, Robokassa, Paymaster, Sberbank Online, Golden Crown, Paysend, Multicard, AliPay, Altyn Asyr, PayPal, Wallet One, BEST, AdvCash, Perfect Money, Contact, etc.;
- Exchange rate of the Canadian dollar to other world currencies: CAD HUF (Canadian dollar to Hungarian forint),
- CAD RSD (Canadian dollar to Serbian dinar),
- CAD ALL (Canadian dollar to Albanian lek),
- NOK CAD (Norwegian krone to Canadian dollar),
- CAD MDL (Canadian dollar to Moldovan leu),
- CAD ISK (Canadian dollar to Icelandic krona),
- CAD CZK (Canadian dollar to Czech crown),
- CAD MKD (Canadian dollar to Macedonian dinar),
- DKK CAD (Danish krone to Canadian dollar),
- GBP CAD (pound to Canadian dollar),
- CAD JPY (Canadian dollar to yen),
- CAD PLN (Canadian dollar to Polish zloty),
- CAD BYN (Canadian dollar to Belarusian ruble),
- SEK CAD (Swedish krona to Canadian dollar),
- CAD BAM (Canadian dollar to convertible mark),
- CAD HRK (Canadian dollar to Croatian kuna),
- CAD UAH (Canadian dollar to Ukrainian hryvnia),
- CAD BGN (Canadian dollar to Bulgarian lev),
- CAD CNY (Canadian dollar to Chinese yuan),
- EUR CAD (euro to Canadian dollar),
- CAD CHF (Canadian dollar to Swiss franc),
- CAD RON (Canadian dollar to Romanian leu),
- CAD RUB (Canadian dollar to ruble).
NZDCAD forecast (online) for today
The NZD CAD forecast is based on technical analysis indicators. The strongest signal will be at the time when the forecast with the prefix ACTIVE is repeated on all timeframes.
Example of earnings on NZD/CAD
Almost every Forex broker offers the NZD CAD currency pair. We have been working with the Alpari broker for many years and will show an example of our transaction here.
Predicting a fall in quotes, we opened a SELL
:
Not much later, quotes continued to decline, as can be seen on the chart:
In order to lock in our profit, we decided to close the position:
The final data can be viewed in the Transactions
:
Our profit amounted to $48,38
. This is a good example that shows that you can make money even when the exchange rate falls.
Factors influencing NZD CAD and what the rate depends on
Canada
– the largest exporter of oil, timber and wheat; New Zealand is a world-famous supplier of meat, milk, leather, as well as sheep wool and products made from it. The pair is characterized by volatility at an average level or slightly higher, which allows calm trading not only for professionals, but also for traders who do not yet have sufficient experience.
Despite its small size and not too long history of independence, New Zealand has become one of the most developed countries not only in the Pacific region, but also in the world. An analysis of the New Zealand economy by sector reveals the following picture:
- Approximately 71% of the country's GDP comes from the services sector and trade;
- The mining and manufacturing industry, which also occupies an important place, provides up to 24.3% of income;
- About 4.7% comes from agriculture, which is also very impressive compared to other highly developed countries.
New Zealand national currency exchange rate
depends not only on the economic indicators of the country itself, but also on those of its main partners, which are Australia, Japan, the USA, Malaysia, China, and this applies not only to the sphere of trade. Moreover, like many other countries, New Zealand is not interested in its currency being excessively expensive, as this would have a negative impact on the competitiveness of its goods.
As for Canada, unlike New Zealand, it is a fairly large country, located not in the southern but in the northern latitudes. Canada is part of the North American free trade area NAFTA
and is one of the main trading partners of the United States. The mutual connection between the USA and Canada can be compared with that between New Zealand and Australia.
If we look closely at the Canadian economy, the analysis reveals the following ratio of GDP by sector:
- Despite the sufficient development of the economy, services and trade occupy only 59.3%;
- Industry accounts for an impressive 40.4% of GDP;
- Agriculture contributes only 0.3% of GDP.
For both countries, international tourism is of great importance, and accordingly, any weather, climate and socio-political changes can have a significant impact. Of the other most significant factors affecting the NZD CAD exchange rate, which must be taken into account when making a forecast, the following should be noted first:
- World oil prices;
- Trade balances of both countries;
- Central Bank interest rates;
- Prices for agricultural products (timber, sheep wool, food);
- Economic indicators of both countries, USA and Australia;
- Level of business activity in both countries;
- Labor market situation (for both countries).
Also, any serious analytics must take into account not only fundamental and technical data, but also correlation with other instruments.
Compared to many Forex currency pairs, the daily chart of NZD/CAD is relatively weakly correlated with other financial instruments, today, the maximum correlation does not exceed 82.2%, which was achieved with NZD/USD. With NZD/CHF it is about 77%, and then with a sharp margin: Euro/Dollar – 66.7%, Pound/Dollar – 64.4%, Aussie/Dollar – 62.9%, Aussie/Canadian – 60.9 %, AUD/SGD – 58.3%, GBP/TRY – 57.4%, Gold – 52%, NZD/JPY – 50.4%.
The maximum inverse correlation does not exceed -75.1% (with USD/CHF), with other instruments it is even less: EUR/NZD – -74.8%, USD/NOK – -73.6%, Dollar Index – -70 .4%, Dollar/Yen – -68.7%, Dollar/Zloty – -68.2%, as well as USD/CZK – -66.4%, USD/SEK – -63.8%, SGD/JPY – -61.9% and the Pound against the New Zealander – -60.8%.
Best FOREX brokers
- FinmaxFX
- Alpari
- FxPro
Professional Forex broker FinmaxFX offers a huge number of currency pairs from 5 categories and the best conditions for trading on the Forex market. This is not only high leverage and an ECN account, but also narrow spreads, a modern trading platform MetaTrader 5, educational webinars during which you can earn money together with the presenter.
FinmaxFX provides very low commissions, lightning speed of order execution, all Forex market assets, leverage up to 1:200. Regulated by VFSC
, in Russia
TsROFR
.
The minimum deposit to open an account is $250
.
Website
: FinmaxFX
Alpari is the largest Forex broker in Russia, operating since 1998, regulated by FSA, TFC
.
Alpari has been operating for more than 20 years
, and the monthly trading turnover exceeds
$1,000,000,000
. Low spreads, leverage up to 1:3000, instant order execution, more than 30 ways to deposit/withdraw money.
With Alpari you can trade with investors' money through special PAMM accounts or a platform system. Many traders have more than $150 000
, and the most successful ones manage capital of more than a million dollars.
Minimum deposit to open ECN
accounts on MetaTrader 4 –
$300
, for the latest version of the MetaTrader 5 platform –
$500
.
Website
: Alpari
FxPro is one of the most famous brokers in Russia, successfully operating for more than 15 years, regulated by CySEC, MiFID, FSCA, FCA
. The broker offers the best conditions for trading on the Forex market. It is possible to trade cryptocurrencies, stocks, commodities and indices.
FxPro has more than 60 international awards and is the official sponsor of the McLaren Formula 1
and
Yacht Club de Monaco
.
Minimum deposit to open an account $500
.
Website
: FxPro
Features of the currency pair
The nature of the currency pair makes it an excellent choice not only for long-term positional trading, but also for intraday trading, since having chosen a direction, it usually moves smoothly along it over a very long period of several hours, days, and sometimes even weeks.
Despite the significant difference in interest rates (1.75% for New Zealand and 0.5% for Canada), carry trading for this pair is not profitable today, since the value of swaps in recent times has been no more than: from +0 .07 to -0.03 points for long positions and from -0.74 to -0.62 for short positions. Overall, the days of huge New Zealand bank refinance rates are long gone.
(
3
ratings, average:
4,33
). Please rate us, we tried very hard!
Recommended brokers for working in financial markets
For successful trading, choosing a brokerage company is very important. A broker is the connection between the trader and the markets. If it turns out to be unreliable, you can forget about making money.
In order not to make a mistake with your choice, pay attention to the rating of Forex brokers, in which companies are distributed into different leagues depending on the degree of their reliability.
The Major League of the rating is the 12 best brokerage companies.
| № | Broker name, year founded, website | Financial instruments and assets | Licenses from financial regulators | ||||
| Currencies | Goods | Stock market | Crypto currencies | PAMM | |||
| 1. | NordFX (2008) nordfx.com | + | + | + | + | + | CySEC, MiFID |
| 2. | Swissquote (1996) swissquote.com | + | + | + | + | — | FINMA, FCA, SFC, Dubai FSA |
| 3. | Dukascopy (1998) dukascopy.com | + | + | + | — | — | FINMA, FCMC |
| 4. | Alpari (1998) alpari.com | + | + | + | + | + | ARFIN |
| 5. | FxPro (2006) fxpro.com | + | + | + | — | — | FCA, CySEC, FSB, Dubai FSA, BaFin, ACPR, CNMV |
| 6. | Interactive Brokers (1977) interactivebrokers.com | + | + | + | — | — | NFA, CFTC, FCA, IIROC |
| 7. | Oanda (1996) oanda.com | + | + | + | — | — | NFA, CFTC, FCA, IIROC, MAS, ASIC |
| 8. | FXCM (1999) fxcm.com | + | + | + | + | — | FCA, BaFin, ACPR, AMF, Dubai FSA, SFC, ISA, ASIC, FSB |
| 9. | Saxo Bank (1992) home.saxo | + | + | + | — | — | Danish FSA, Consob, CNB, ASIC, MAS, FINMA, JFSA, SFC Hong Kong |
| 10. | FOREX.com (1999) forex.com | + | + | + | + | — | NFA, CFTC, FCA, ASIC, JSDA, MAS, SFC |
| 11. | FIBO Group (1998) fibogroup.com | + | + | + | + | + | CySEC |
| 12. | FINAM FOREX (1994) forex.finam.ru | + | — | — | — | — | Bank of Russia |
Sincerely, wiki Masterforex-V, free (school) and professional training courses Masterforex-V.
Conditions for purchasing Forex Strategy “AKA”
1) The price is above the moving average.
2) A candle with a black body is formed, whose lower tail is larger than the upper one.
3) The low of the candle is above the moving average.
4) If these conditions are met, then you should switch to an hourly interval.
5) On an hourly interval, at the minimum closing price of an hourly candle, which fixed the minimum closing price throughout the entire previous day, you should place a pending order to buy Buy Limit.
6) Stop loss is set at a distance of 27 points from the entry point.
7) After passing 50 points, the transaction is transferred to breakeven.
8) If at the close of the day the positive result is more than 35 points, then the transaction is also transferred to the bookkeeping account.
9) Take profit is 100 points.
