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CAD to GBP 2026 Forecasts

Analysis of recent loonie → sterling forecasts for 2026. We collate forecasts from respected FX analysts together with the latest Canadian dollar to British pound performance and trends.

 

The CAD is currently bearish against GBP.

Key drivers influencing this trend include:

  • The interest rate differential is narrowing, with the Bank of Canada maintaining rates at 2.25% while the Bank of England is expected to reduce rates to around 3.25% by mid-2026, impacting CAD negatively.
  • The recent drop in oil prices, now at $60.82, affects the CAD due to its reliance on oil exports, which puts pressure on the currency as it's well below its recent average.
  • On the macroeconomic front, Canada showed stronger employment numbers, which provided some confidence in the CAD, but overall growth signals remain weak.

In the near term, CAD is expected to remain within a stable range against GBP, fluctuating largely around current levels.

An upside risk includes a sudden recovery in oil prices, which could strengthen the CAD. Conversely, further monetary easing by the Bank of England could push the GBP higher against the CAD, adding downward pressure to the CAD/GBP rate.

CAD-GBP Rate Calculator

 
   
   
   
   
 
   
 
 

CAD to GBP Market Data

Canadian dollar (CAD) to British pound (GBP) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell CAD   →   Buy GBP
1 CAD =
0.5395We compare provider deals to this wholesale mid-market rate. Read more
GBP
1d+0.1%▲
14dLows◒
CAD to GBP at 0.5412 is just above its 3-month average, having traded in a very stable 2.9% range from 0.5296 to 0.5451
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  1 GBP = 1.8536 CAD

Compare & Save - Canadian dollar to British pound

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Canadian dollar (CAD) to British pound (GBP) rates from different sources before making a conversion.

Use our CAD to GBP calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Loonie to Sterling currency rates and the possible savings of using various providers.

 
 

Will the Canadian dollar rise against the British pound?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Canadian dollar vs British pound current value is to look the CAD/GBP historic rate and change over a range of periods.

The following table looks at the change in the CAD to GBP exchange rate over periods from the previous week back to the last 10 years.

DateCAD/GBPChangePeriod
22 Dec 2025
0.5400
0.3% ▲2 Week
07 Oct 2025
0.5340
1.4% ▲3 Month
05 Jan 2025
0.5574
2.9% ▼1 Year
06 Jan 2021
0.5795
6.6% ▼5 Year
08 Jan 2016
0.4865
11.3% ▲10 Year
10 Jan 2006
0.4862
11.4% ▲20 Year
CAD/GBP historic rates & change to 05-Jan-2026

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add CAD/GBP to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more