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GBP to CAD Rates - 2026 Forecast

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

 

GBP/CAD Outlook:

GBP/CAD is slightly weaker but likely to move sideways, trading just below its 90-day average and within a stable range. Current political uncertainty in the UK could weigh on the pound, limiting any significant movement.

Key drivers:

• Rate gap: The Bank of England and the Bank of Canada have differing stances on interest rate policies, affecting the attractiveness of GBP versus CAD.

• Risk/commodities: Falling oil prices, currently at recent highs, may limit CAD strength as Canada’s economy is sensitive to these fluctuations.

• One macro factor: The upcoming results from the UK by-elections could significantly influence GBP depending on Labour's performance.

Range:

GBP/CAD is expected to drift within its recent range, showing stability amid existing pressures.

What could change it:

• Upside risk: A strong performance by Labour in the by-elections could boost GBP confidence.

• Downside risk: A negative GDP report for Canada could weaken the CAD further, expanding the gap with GBP.

GBP-CAD Rate Calculator

 
   
   
   
   
 
   
 
 

GBP to CAD Market Data

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

 
Sell GBP   →   Buy CAD
1 GBP =
1.8402We compare provider deals to this wholesale mid-market rate. Read more
CAD
1d−0.3%▼
 
GBP to CAD at 1.8401 is just 0.8% below its 3-month average of 1.8541, having traded in a very stable 2.2% range from 1.8384 to 1.8792
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  1 CAD = 0.5434 GBP

Compare & Save - British pound to Canadian dollar

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

Use our GBP to CAD 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 Sterling to Loonie currency rates and the possible savings of using various providers.

 
 

Will the British pound rise against the Canadian dollar?

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

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

DateGBP/CADChangePeriod
13 Feb 2026
1.8585
0.7% ▼2 Week
29 Nov 2025
1.8522
0.4% ▼3 Month
27 Feb 2025
1.8198
1.4% ▲1 Year
28 Feb 2021
1.7743
4% ▲5 Year
01 Mar 2016
1.8757
1.6% ▼10 Year
04 Mar 2006
1.9902
7.3% ▼20 Year
GBP/CAD historic rates & change to 27-Feb-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 GBP/CAD 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