The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
CAD to GBP Market Data
Canadian dollar (CAD) to British pound (GBP) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias: CAD/USD is bullish-to-range-bound, trading above its 90-day average and in the upper half of the 3-month range, with oil and data helping support this bias.
CAD/GBP under pressure, near the lower end of its 3-month range and below the 90-day avg. BoC-BoE rate gap weighs on the pair, oil up may lift CAD while UK data remains soft.
Bias
bearish-to-range-bound, CAD/GBP sits below its 90-day average and in the lower half of the three-month range.
Key drivers
- Rate gap: BoC policy rate remains below BoE, widening the gap and weighing on CAD vs GBP. A shift in BoC messaging that surprised markets could narrow the gap and limit the downside for CAD/GBP.
- Risk/commodities: Oil price trend higher supports CAD via its commodity link; persistent volatility keeps cross-rates tugging.
- Macro factor: UK GDP growth is projected to slow this year. A softer economy would keep pressure on the pound, with scope for limited CAD outperformers.
Range
CAD/GBP is likely to drift within its three-month range, with a tilt toward the lower end as markets await data.
What could change it
- Upside risk: Oil price rally persists, lifting CAD and pushing CAD/GBP higher. Geopolitical developments that boost risk appetite could also support the loonie.
- Downside risk: Strong UK data and a higher-for-longer BoE path lift the pound, pressuring CAD/GBP lower
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CAD to GBP Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Canadian dollar are worth in British pound across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
What is the
best Send Money conversion rate for CAD to GBP?
The best CAD to GBP exchange rate is 0.5334 from OFX . This is -0.49% compared to the mid-market rate 0.5360.
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 above
Loonie to Sterling comparison table
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 and the possible savings of using various providers.
How do CAD-GBP rates compare between providers?
Looking at the full
CAD to GBP - Send Money comparison table the provider with the best CAD to GBP exchange rate is OFX at 0.5334, -0.49% from the latest mid-market rate 0.5360.
The next best is XE at 0.5328, -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.