78% of retail investor accounts experience cash losses as a result of trading CFDs with this CFD provider.
CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
0.883 CAD
+0 (+0.02%)
1H
4H
1D
1W
1MN

AUDCAD Key Statistics

Open price
0.88273
High today
0.88723
Low today
0.87973
52 Week high
0.93764
52 Week low
0.84398
Trading hours
-12:00
-11:00
-10:00
-09:00
-08:00
-07:00
-06:00
-05:00
-04:00
-03:00
-02:00
-01:00
UTC 00:00
+01:00
+02:00
+03:00
+03:30
+04:00
+04:30
+05:00
+05:30
+05:45
+06:00
+07:00
+08:00
+09:00
+09:30
+10:00
+11:00
+12:00
+12:45
+13:00
+14:00
UTC 00:00
Symbol trading specification
Similar instruments
AUDCAD
0.883 
+0.00 (+0.02%)  
AUDCHF
0.526 
-0.00 (-0.01%)  
AUDJPY
91.182 
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AUDNZD
1.078 
+0.00 (+0.16%)  
AUDUSD
0.639 
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CADCHF
0.595 
-0.00 (-0.02%)  
CADJPY
103.262 
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CHFJPY
173.394 
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CHFPLN
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EURAUD
1.776 
-0.01 (-0.41%)  
EURCAD
1.568 
-0.01 (-0.42%)  
EURCHF
0.934 
-0.00 (-0.44%)  
EURCZK
24.934 
+0.04 (+0.15%)  
EURDKK
7.463 
0.00 (0.00%)  
EURGBP
0.851 
+0.00 (+0.16%)  
EURHKD
8.805 
-0.03 (-0.32%)  
EURHUF
404.347 
+0.31 (+0.08%)  
EURJPY
161.874 
-0.15 (-0.09%)  
EURMXN
22.277 
+0.02 (+0.09%)  
EURNOK
11.807 
-0.01 (-0.09%)  
EURNZD
1.914 
-0.01 (-0.28%)  
EURPLN
4.285 
+0.02 (+0.40%)  
EURRUB
92.556 
-0.55 (-0.59%)  
EURSEK
10.957 
-0.02 (-0.20%)  
EURSGD
1.482 
-0.01 (-0.46%)  
EURTRY
43.805 
-0.07 (-0.15%)  
EURUSD
1.135 
-0.00 (-0.24%)  
EURZAR
21.124 
-0.01 (-0.03%)  
GBPAUD
2.088 
-0.01 (-0.59%)  
GBPCAD
1.843 
-0.01 (-0.55%)  
GBPCHF
1.097 
-0.01 (-0.59%)  
GBPHKD
10.35 
-0.05 (-0.46%)  
GBPJPY
190.365 
-0.52 (-0.27%)  
GBPNZD
2.251 
-0.01 (-0.42%)  
GBPUSD
1.335 
-0.01 (-0.44%)  
NZDCAD
0.819 
-0.00 (-0.13%)  
NZDCHF
0.488 
-0.00 (-0.17%)  
NZDJPY
84.572 
+0.14 (+0.16%)  
NZDUSD
0.593 
+0.00 (+0.01%)  
USDCAD
1.381 
-0.00 (-0.14%)  
USDCHF
0.822 
-0.00 (-0.17%)  
USDCNH
7.269 
+0.00 (+0.02%)  
USDCZK
21.953 
+0.09 (+0.41%)  
USDDKK
6.573 
+0.02 (+0.24%)  
USDHKD
7.755 
-0.00 (-0.04%)  
USDHUF
356.209 
+1.22 (+0.34%)  
USDILS
3.639 
+0.01 (+0.38%)  
USDJPY
142.615 
+0.26 (+0.19%)  
USDKRW
1 420.45 
-7.37 (-0.52%)  
USDMXN
19.62 
+0.07 (+0.37%)  
USDNOK
10.397 
+0.02 (+0.16%)  
USDPLN
3.774 
+0.02 (+0.64%)  
USDRUB
81.365 
-0.47 (-0.58%)  
USDSEK
9.649 
+0.00 (+0.05%)  
USDSGD
1.306 
-0.00 (-0.19%)  
USDTRY
38.471 
+0.00 (+0.01%)  
USDZAR
18.605 
+0.05 (+0.27%)  

About AUDCAD

The AUDCAD is a relatively stable currency pair that tells about the number of Canadian dollars (CAD) you need to buy an Australian dollar (AUD). Moreover, both countries' currency value is strongly related to the commodities it exports. For instance, the value of AUD is directly affected by the fluctuations in the gold price, which is its leading export. Likewise, Canada is the most significant crude oil exporter, which means price changes in oil impact CAD too.

What is AUDCAD?

The AUD is the base currency, and CAD is the counter currency in this pair. As the economies of both countries are related to the exports of natural resources, the price of the commodities affects the currency pair. This correlation is essential for every investor eager to know how to trade AUDCAD. Moreover, both countries' trading partners also impact the AUDCAD pair. For instance, Canada's largest trading partner is the US. As the US economy grows, it imports more products from Canada, which ultimately boosts Canada's economy and the value of the Canadian dollar. On the other hand, Australia's largest trading partner is China. It means that the rapidly growing Asian market is directly related to Australia's economy and its dollar value.

The AUDCAD pair is also important to investors for several reasons, including diversification possibilities and exposure to commodity markets.

How does AUDCAD work?

AUDCAD is a forex currency pair, a trading instrument that compares the value of the AUD against CAD on the foreign exchange market. These currency pairs are traded for 24 hours and five days a week. However, geopolitical events, central bank policies, and global trade markets significantly affect it.

Furthermore, investors can buy or sell the AUDCAD currency pair through trading platforms like SimpleFX. However, it's essential to realize that trading on the forex market is volatile and involves risks. So, before risking real money in the markets, investors can start with a demo account and learn how to invest in AUDCAD.

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