Compare & Save on Canadian dollar to Pound Sterling exchange rates. Latest CAD to pound analysis and forecasts.
In this CAD to pound rate guide:
Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
This exchange rate calculator makes it easy to compare the Total Cost you are being charged on CAD to pound currency rates and the possible savings of using various providers.
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In light of recent FX analyst forecasts and the 3-month price data, the CAD to GBP outlook remains uncertain, as several key drivers are expected to impact the currency pair throughout March. The unexpectedly strong US Jobs Report in February has caused the US dollar to surge against major currencies, while global GDP growth remains sluggish amid an inflationary climate. Additionally, China's improving economy post COVID-zero policy and the historic UBS-Credit Suisse deal are key factors to watch. These drivers will likely influence investor risk sentiment and the FX markets in the coming weeks.
The CAD to GBP exchange rate has been trading at 0.5957, which is 2.1% below its 3-month average of 0.6086, having fluctuated within a 4.8% range of 0.5925-0.6209. Factors such as the UK's post-Brexit economic performance and the Bank of Canada's policy decisions may contribute to further rate fluctuations. Economists expect the exchange rate to remain volatile as market participants assess the impact of these events on both currencies.
In summary, the CAD to GBP outlook remains somewhat uncertain, with numerous factors expected to affect the exchange rate in the coming weeks. Investors should closely monitor economic developments and central bank policy decisions to gauge the potential impact on the currency pair.
Canadian dollar to Pound Sterling FX market data and key indicators - Interbank rate, charts, forecasts & historic rates and trends.
| Date | CAD/GBP | Change | Period |
|---|---|---|---|
15 Mar 2023 | 0.6019 | 0.5% ▼ | 2 Week |
29 Dec 2022 | 0.6120 | 2.2% ▼ | 3 Month |
29 Mar 2022 | 0.6110 | 2% ▼ | 1 Year |
30 Mar 2018 | 0.5529 | 8.3% ▲ | 5 Year |
31 Mar 2013 | 0.6468 | 7.4% ▼ | 10 Year |
03 Apr 2003 | 0.4325 | 38.5% ▲ | 20 Year |
There are several ways to save on exchange rates when converting Canadian dollar to Pound Sterling:
Generally speaking, if you are buying Pound Sterling 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.
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 BER Smart Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP▲ DOWN▼ HIGH▲ LOW▼ alerts over a range of periods over the recent 90 days.
You can also read our practical guide to getting the Best Deals for your Foreign Transfers and Travel Money to the United Kingdom.
 United Kingdom (GBP) |  Canada (CAD) |  Guernsey (GBP) |
 Isle of Man (GBP) |  Jersey (GBP) |  South Georgia and South Sandwich Islands (GBP) |
Expat life in the UK can be a positive experience, as the country is known for its rich history, culture, and diverse society. It also offers a high standard of living and a strong economy. However, as with any move to a new country, there can be challenges to overcome.
One of the biggest challenges for expats in the UK is the weather, as it can be unpredictable and quite damp, especially in the winter. Additionally, the cost of living in the UK, particularly in the larger cities such as London, can be high.
Read more at our United Kingdom (GBP) country guide
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