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CAD to GBP - Exchange Rates Guide

Canadian Dollar to Pound Sterling exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
 

CAD/GBP exchange rate (wholesale):

1 CAD = 0.5849 GBP

Sell CAD / Buy GBP 

 
CAD to GBP chart and trends
1-DAY0.5% 14-DAY-LO (1d)
CAD/GBP at 0.5851 was trading 0.5% above AVG:0.5823 with LO:0.5659 and HI:0.5953 (90 days). There are no current rate alerts.

Canadian Dollar to Pound Sterling - Quick Conversions

CAD GBP
C$ 1 £ 0.5849
C$ 5 £ 2.9245
C$ 10 £ 5.8490
C$ 20 £ 11.70
C$ 50 £ 29.25
C$ 100 £ 58.49
C$ 250 £ 146.23
C$ 500 £ 292.45
C$ 1,000 £ 584.90
C$ 2,000 £ 1,170
C$ 5,000 £ 2,925
C$ 10,000 £ 5,849
C$ 50,000 £ 29,245
C$ 100,000 £ 58,490
More amounts
CAD GBP
C$ 1.7096 £ 1
C$ 8.5480 £ 5
C$ 17.10 £ 10
C$ 34.19 £ 20
C$ 85.48 £ 50
C$ 170.96 £ 100
C$ 427.40 £ 250
C$ 854.80 £ 500
C$ 1,710 £ 1,000
C$ 3,419 £ 2,000
C$ 8,548 £ 5,000
C$ 17,096 £ 10,000
C$ 85,480 £ 50,000
C$ 170,960 £ 100,000
More amounts

To calculate other CAD/GBP amounts try our home-page Convert CAD to GBP quick converter.


Comparing Retail Exchange Rates

The total cost for 'Retail' exchange rates you receive from your bank or foreign exchange provider consists of the margin from the 'Wholesale' rate (interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the exchange rate margin will also vary depending on the currency pair and total amount.

 
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Pound Sterling (GBP) Country Guides

United KingdomUnited Kingdom (GBP)GuernseyGuernsey (GBP)Isle of ManIsle of Man (GBP)
JerseyJersey (GBP)South Georgia and South Sandwich IslandsSouth Georgia and South Sandwich Islands (GBP)

Canadian Dollar and Pound Sterling Forecasts

When determining the best time to make a foreign exchange transaction, in this case the CAD vs GBP, you should pay attention to the recent market trends for both currencies.

Canadian Dollar (CAD)

Growing fears of the coronavirus outbreak has moved the market into safer currencies such as the USD and away from AUD, NZD and CAD.

The threat of proxy war between the US and Iran in Iraq also pared back some of the gains the Loonie had made coming into the New Year.

The Canadian dollar was range bound during the second half of 2019 oscillating between US75c and US76.5c. Mid-year the loonie stormed ahead in June and July, rising to what turned out to be the 2019 high against the US dollar of US76.7cents and to 8-month highs against the euro, pound, Australian and New Zealand dollars. Against the Aussie, a minimal additional increase would take CAD to a 9-year high.

Supporting the loonie was a 10 percent rise in the oil price (oil is among Canada’s most exported products but is volatile and can’t be relied upon), a large and welcome jump in inflation, and dovishness at major central banks of the world, including the Federal Reserve, ECB and RBA.

The USMCA was signed by the United States, Mexico and Canadian on November 30 at the G20 Summit in Buenos Aires. Any delay to Canadian ratification of the USMCA trade deal would have likely depressed sentiment on Canada’s currency.

Read more in the article CAD Forecasts.

 

Pound Sterling (GBP)

GBP will rise to 1.25 against the euro according to Standard Bank. The coronavirus pandemic has replaced Brexit in the headlines and means that the deadline for a trade deal with the Eurozone this year could either be pushed back, delaying a risk for the currency, or see more favorable terms given to the U.K.

This is a remarkable change of fortunes for GBP which was sold-off after the Brexit vote and again after the virus forced a lockdown in London, the world’s largest foreign-exchange centre. Against the dollar, sterling touched the lowest level in 35 years in March as traders sought the safety of the USD.

Read more in the article GBP Forecasts.

How to get Best CAD to GBP Exchange Rates

All foreign exchange providers charge a fee for providing their service and this fee 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.

 

What is a good CAD to GBP exchange rate?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Canadian Dollar vs Pound Sterling 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.

CAD/GBP rateChangePeriod
07 Jul 2020 : 0.58610.2% ▼1 Week
14 Jun 2020 : 0.58620.2% ▼30 Days
15 Apr 2020 : 0.56573.4% ▲90 Days
15 Jul 2019 : 0.61234.5% ▼1 Year
16 Jul 2015 : 0.495518% ▲5 Years
17 Jul 2010 : 0.62155.9% ▼10 Years
CAD/GBP 10 year historic rates & changes to 14-Jul-2020 : 0.5848
 

When is the best time to exchange CAD to GBP?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup BER.me FX Alerts