Analysis of recent loonie → sterling forecasts for 2025. We collate forecasts from respected FX analysts together with the latest Canadian dollar to British pound performance and trends.
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The best CAD to GBP exchange rate is our partner deal rate of 0.5348 from OFX . This is -0.5% compared to the mid-market rate 0.5375.
The standard OFX CAD-GBP rate is 0.5262, -2.1% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Canadian dollar (CAD) to British pound (GBP) rates from different sources before making a conversion.
The Loonie to Sterling comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest CAD-GBP mid-rate (see Market Data below ) and the possible savings of using various providers.
Canadian dollar (CAD) to British pound (GBP) market data - latest interbank exchange rate, trend, chart & historic rates.
Date | CAD/GBP | Change | Period |
---|---|---|---|
09 May 2025 | 0.5391 | 0.3% ▼ | 2 Week |
22 Feb 2025 | 0.5561 | 3.3% ▼ | 3 Month |
23 May 2024 | 0.5737 | 6.3% ▼ | 1 Year |
24 May 2020 | 0.5867 | 8.4% ▼ | 5 Year |
26 May 2015 | 0.5239 | 2.6% ▲ | 10 Year |
28 May 2005 | 0.4356 | 23.4% ▲ | 20 Year |
Here are some popular conversion amounts for CAD to GBP (Canadian dollar to British pound)*.
*Converted at the current CADGBP interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Canadian dollar (CAD) has recently shown signs of weakness, trading at 0.5375 against the British pound (GBP), which is 0.9% below its three-month average of 0.5425. The CAD is closely linked to oil prices, and despite a recent uptick in oil, it softened on Wednesday due to expectations of decreasing Canadian producer prices, which could spur bets on interest rate cuts by the Bank of Canada (BoC). With oil prices currently at $64.78, they are 4.8% below their three-month average, fluctuating within a 24.7% range from $60.14 to $75.02. This volatility tends to impact the CAD's performance, especially as Canada is one of the largest oil exporters globally.
Read our full review of recent CAD to GBP forecasts.
There are several ways to save on exchange rates when converting Canadian dollar to British pound:
Generally speaking, if you are buying British pound with Canadian dollar, then it's better for the CAD/GBP exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).
The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
Read our Currency guide to the United Kingdom — a practical currency and money guide to travel in the United Kingdom plus living and doing business with the British pound.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
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.
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
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The United Kingdom (UK) offers a rich blend of historical charm, modern infrastructure, and diverse opportunities, making it an attractive destination for expatriates and business professionals alike. Here's a comprehensive guide to help you settle in and thrive in the UK.
Read more at our United Kingdom (GBP) country guide
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
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