Loading...

Home pages - full list (A-Z)

CAD/GBP - Convert Compare Save

Canadian Dollar to British Pound Sterling exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

This resource page for the Canadian Dollar to British Pound Sterling exchange rate, has news, forecasts and CAD to GBP comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

CAD/GBP Exchange Rates - How to Compare & Save

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for CAD/GBP International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
Foreign Transfer ProvidersReceive GBP(£)Exchange RateFee CADTotal CostDeal Links
OFX logo
6,069 GBP
Best Overall
0.60690^0.8%
XE logo
6,042 GBP
27 GBP
0.604201.24%
HSBC logo
5,875.17 GBP
194 GBP
0.5884C$153.97%
Coast Capital Savings International Money Transfers
Coast Capital Savings logo
5,831.1 GBP
238 GBP
0.589C$1004.69%
TD Canada Trust logo
5,827.14 GBP
242 GBP
0.5886C$1004.75%
Scotiabank logo
5,825.16 GBP
244 GBP
0.5884C$1004.79%
Banks - Average Rate
Coast Capital Savings logo Scotiabank logo Royal Bank of Canada logo HSBC logo TD Canada Trust logo
5,825 GBP
244 GBP
0.5874154.79%
Royal Bank of Canada logo
5,765.76 GBP
303 GBP
0.5824C$1005.76%
 
OFX: Foreign Transfer CAD→GBP
CAD amount:$10,000 CAD
Fee:0^ - No fees for BestExchangeRates users (normally $15 for smaller transfers)
Exchange Rate:0.6069 (0.8% from mid-rate)
GBP amount:6,069 GBP
Total Cost:0.8%
Time:
Rate Fetched: 6:02 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
XE: Foreign Transfer CAD→GBP
CAD amount:$10,000 CAD
Fee:
Exchange Rate:0.6042 (1.24% from mid-rate)
GBP amount:6,042 GBP
Total Cost:1.24%
Difference:
27 GBP less than using OFX
Time:6:02 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer CAD→GBP
CAD amount:$10,000 CAD
Fee:C$15 CAD (.15%)
Exchange Rate:0.5884 (3.82% from mid-rate)
GBP amount:5,875.17 GBP
Total Cost:3.97%
Difference:
194 GBP less than using OFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Coast Capital Savings logoCoast Capital Savings

Coast Capital Savings: Foreign Transfer CAD→GBP
CAD amount:$10,000 CAD
Fee:C$100 CAD (1%)
Exchange Rate:0.5890 (3.73% from mid-rate)
GBP amount:5,831.1 GBP
Total Cost:4.69%
Difference:
238 GBP less than using OFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

TD Canada Trust logoTD Canada Trust

TD Canada Trust: Foreign Transfer CAD→GBP
CAD amount:$10,000 CAD
Fee:C$100 CAD (1%)
Exchange Rate:0.5886 (3.79% from mid-rate)
GBP amount:5,827.14 GBP
Total Cost:4.75%
Difference:
242 GBP less than using OFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Scotiabank logoScotiabank

Scotiabank: Foreign Transfer CAD→GBP
CAD amount:$10,000 CAD
Fee:C$100 CAD (1%)
Exchange Rate:0.5884 (3.82% from mid-rate)
GBP amount:5,825.16 GBP
Total Cost:4.79%
Difference:
244 GBP less than using OFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer CAD→GBP
CAD amount:$10,000 CAD
Fee:15
Exchange Rate:0.5812 (5% from mid-rate)
GBP amount:5,825 GBP
Total Cost:4.79%
Difference:
244 GBP less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Royal Bank of Canada logoRoyal Bank of Canada

Royal Bank of Canada: Foreign Transfer CAD→GBP
CAD amount:$10,000 CAD
Fee:C$100 CAD (1%)
Exchange Rate:0.5824 (4.81% from mid-rate)
GBP amount:5,765.76 GBP
Total Cost:5.76%
Difference:
303 GBP less than using OFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 08/25/2019 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money ProvidersAmount GBP(£)Exchange RateFee CADTotal CostDeal Links
Travelex Online CA logo
590.40 GBP
Best Overall
0.5904$03.5%
Royal Bank of Canada logo
577.40 GBP
13 GBP
0.577405.62%
TD Canada Trust logo
571.50 GBP
19 GBP
0.571506.59%
Banks - Average Rate
Scotiabank logo Royal Bank of Canada logo TD Canada Trust logo
570.05 GBP
20 GBP
0.5739C$106.82%
Scotiabank logo
561.25 GBP
29 GBP
0.5727C$208.26%
Travelex Online CA: Travel Money CAD→GBP
CAD amount:$1,000 CAD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:0.5904 (3.5% from mid-rate)
GBP amount:590.40 GBP
Total Cost:3.5%
Time:
Rate Fetched: 6:02 Local
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

Royal Bank of Canada logoRoyal Bank of Canada

Royal Bank of Canada: Travel Money CAD→GBP
CAD amount:$1,000 CAD
Fee:
Exchange Rate:0.5774 (5.62% from mid-rate)
GBP amount:577.40 GBP
Total Cost:5.62%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 

TD Canada Trust logoTD Canada Trust

TD Canada Trust: Travel Money CAD→GBP
CAD amount:$1,000 CAD
Fee:
Exchange Rate:0.5715 (6.59% from mid-rate)
GBP amount:571.50 GBP
Total Cost:6.59%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money CAD→GBP
CAD amount:$1,000 CAD
Fee:C$10 CAD (1%)
Exchange Rate:0.5353 (12.5% from mid-rate)
GBP amount:570.05 GBP
Total Cost:6.82%
Currency Services:Branch
Delivery/Collect:-
 

Scotiabank logoScotiabank

Scotiabank: Travel Money CAD→GBP
CAD amount:$1,000 CAD
Fee:C$20 CAD (Minimum fee)
Exchange Rate:0.5727 (6.39% from mid-rate)
GBP amount:561.25 GBP
Total Cost:8.26%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 08/25/2019 - See full table

CAD to GBP interbank exchange rate = 0.6109

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on CAD/GBP exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

CAD and GBP in the Markets

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)

The Canadian dollar stormed ahead in the second half of June, rising to a 16-week high against the US dollar 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.

Any delay to Canadian ratification of the USMCA trade deal (already accepted by Mexico) is likely to depress sentiment on Canada’s currency.

Read more in the article CAD Forecasts.

 

British Pound Sterling (GBP)

By some margin, the pound was the worst-performing major currency in the second quarter. It slipped in late June to multi-month lows against a number of important currencies, including the Australian dollar, New Zealand dollar, euro, Canadian dollar and Swiss franc.

Pound valuations will continue to fluctuate based on No-deal, Deal and Remain probabilities. No-deal prospects may increase if, as is widely expected, ardent Brexiteer Boris Johnson becomes the UK’s next prime minister. However, some banks argue that Johnson’s appointment would make little difference to no-deal or remain probabilities.

The pound is unlikely to receive much in the way of meaningful respite until November, analysts say, when hopefully the UK-EU Brexit arrangement, or lack thereof, is known (Boris Johnson insists that the UK will not seek any further Article 50 extensions beyond the October-31 deadline).

The pound would be doing far worse if it weren't receiving some support from the Bank of England which, surprisingly, is the only major central bank still considering higher interest rates in 2019.

Read more in the article GBP Forecasts.

Why can't I just get the CAD/GBP market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the CAD / GBP was traded (bought or sold) in the international markets.

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). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

Getting a good market rate is mainly about timing however 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.

We help you Compare & Save Money on Exchange Rates.

 

View all CAD Exchange Rates