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GBP/CAD - Rate Guide

British Pound Sterling to Canadian Dollar 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.

 

GBP/CAD Exchange Rates and Providers Compared

This guide to the British Pound Sterling to Canadian Dollar exchange rate with 90-day chart & alerts, historic rates, forecasts and GBP to CAD comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. Calculate amounts and rate margins with the GBP/CAD Calculator.

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GBP/CAD - 90 Day Rate Alerts

1 GBP = 1.6491 CAD

NO ALERTS for GBP/CAD
GBP/CAD over the last 90 days

View GBP/CAD - Interactive Chart

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 GBP/CAD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
Foreign Transfer ProvidersReceive CAD(C$)Exchange RateFee GBPTotal CostDeal Links
TorFX logo
8,111.5 CAD
Best Overall
1.622301.62%
OFX logo
8,179 CAD
68 CAD
1.6358£0^0.8%
WorldFirst logo
8,204 CAD
93 CAD
1.640800.5%
HSBC logo
7,949.06 CAD
162 CAD
1.5922£7.53.59%
Natwest Bank logo
7,904.71 CAD
207 CAD
1.5857154.13%
Citibank International Money Transfers
Citibank logo
7,869.07 CAD
242 CAD
1.5776124.56%
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo HSBC logo
7,868 CAD
243 CAD
1.5782154.58%
Santander International Money Transfers
Santander logo
7,824.08 CAD
287 CAD
1.5711205.11%
Lloyds TSB logo
7,791.71 CAD
320 CAD
1.5646205.5%
 

TorFX logo

TorFX: Foreign Transfer GBP→CAD
From Amount:5,000 GBP
Fee:
Exchange Rate:1.6223 (1.62% from mid-rate)
To Amount:8,111.5 CAD
Total Cost:1.62%
Time:20:20 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 

OFX logo

OFX: Foreign Transfer GBP→CAD
From Amount:5,000 GBP
Fee:£0^ - No fees for BestExchangeRates users (normally 7GBP for smaller transfers)
Exchange Rate:1.6358 (0.8% from mid-rate)
To Amount:8,179 CAD
Total Cost:0.8%
Difference:
68 CAD more than using TorFX
Time:
Rate Fetched: 20:20 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

WorldFirst logo

WorldFirst: Foreign Transfer GBP→CAD
From Amount:5,000 GBP
Fee:
Exchange Rate:1.6408 (0.5% from mid-rate)
To Amount:8,204 CAD
Total Cost:0.5%
Difference:
93 CAD more than using TorFX
Time:20:20 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 

HSBC logo

HSBC: Foreign Transfer GBP→CAD
From Amount:5,000 GBP
Fee:£7.5 GBP (.15%)
Exchange Rate:1.5922 (3.44% from mid-rate)
To Amount:7,949.06 CAD
Total Cost:3.59%
Difference:
162 CAD less than using TorFX
Time:20:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Natwest Bank logo

Natwest Bank: Foreign Transfer GBP→CAD
From Amount:5,000 GBP
Fee:15
Exchange Rate:1.5857 (3.84% from mid-rate)
To Amount:7,904.71 CAD
Total Cost:4.13%
Difference:
207 CAD less than using TorFX
Time:20:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 

Citibank logo

Citibank: Foreign Transfer GBP→CAD
From Amount:5,000 GBP
Fee:12
Exchange Rate:1.5776 (4.33% from mid-rate)
To Amount:7,869.07 CAD
Total Cost:4.56%
Difference:
242 CAD less than using TorFX
Time:20:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer GBP→CAD
From Amount:5,000 GBP
Fee:15
Exchange Rate:1.5662 (5.02% from mid-rate)
To Amount:7,868 CAD
Total Cost:4.58%
Difference:
243 CAD less than using TorFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Santander logo

Santander: Foreign Transfer GBP→CAD
From Amount:5,000 GBP
Fee:20
Exchange Rate:1.5711 (4.72% from mid-rate)
To Amount:7,824.08 CAD
Total Cost:5.11%
Difference:
287 CAD less than using TorFX
Time:20:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 

Lloyds TSB logo

Lloyds TSB: Foreign Transfer GBP→CAD
From Amount:5,000 GBP
Fee:20
Exchange Rate:1.5646 (5.12% from mid-rate)
To Amount:7,791.71 CAD
Total Cost:5.5%
Difference:
320 CAD less than using TorFX
Time:20:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 09/23/2019 - 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 CAD(C$)Exchange RateFee GBPTotal CostDeal Links
Travelex Online UK logo
1,590.8 CAD
Best Overall
1.5908£0^3.53%
Post Office Money Foreign Currency
Post Office Money logo
1,580.1 CAD
11 CAD
1.580104.18%
Citibank Foreign Currency
Citibank logo
1,551.73 CAD
39 CAD
1.5674£105.9%
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo
1,538 CAD
53 CAD
1.5555£106.73%
Lloyds TSB logo
1,535.99 CAD
55 CAD
1.5515£106.85%
Santander Foreign Currency
Santander logo
1,535.99 CAD
55 CAD
1.5515£106.85%
Natwest Bank logo
1,528.23 CAD
63 CAD
1.5515£157.32%
 

Travelex Online UK logo

Travelex Online UK: Travel Money GBP→CAD
From Amount:1,000 GBP
Fee:£0 - No fees for Debit & Credit Cards
Exchange Rate:1.5908 (3.53% from mid-rate)
To Amount:1,590.8 CAD
Total Cost:3.53%
Time:
Rate Fetched: Mon Sep 23 2019 20:15:03 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

Post Office Money logo

Post Office Money: Travel Money GBP→CAD
From Amount:1,000 GBP
Fee:0
Exchange Rate:1.5801 (4.18% from mid-rate)
To Amount:1,580.1 CAD
Total Cost:4.18%
Time:20:20 Local
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
: /5.0
Reviews:
 

Citibank logo

Citibank: Travel Money GBP→CAD
From Amount:1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:1.5674 (4.95% from mid-rate)
To Amount:1,551.73 CAD
Total Cost:5.9%
Time:20:20 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money GBP→CAD
From Amount:1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:1.5515 (5.91% from mid-rate)
To Amount:1,538 CAD
Total Cost:6.73%
Currency Services:Branch
Delivery/Collect:-
 

Lloyds TSB logo

Lloyds TSB: Travel Money GBP→CAD
From Amount:1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:1.5515 (5.91% from mid-rate)
To Amount:1,535.99 CAD
Total Cost:6.85%
Time:20:20 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 

Santander logo

Santander: Travel Money GBP→CAD
From Amount:1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:1.5515 (5.91% from mid-rate)
To Amount:1,535.99 CAD
Total Cost:6.85%
Time:20:20 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
 

Natwest Bank logo

Natwest Bank: Travel Money GBP→CAD
From Amount:1,000 GBP
Fee:£15 GBP (Minimum fee)
Exchange Rate:1.5515 (5.91% from mid-rate)
To Amount:1,528.23 CAD
Total Cost:7.32%
Time:20:20 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 09/23/2019 - See full table

GBP / CAD converter & margin calculator

£GBP
C$CAD
mid-rates

Compare how much you can save on GBP/CAD exchange rates for:

Foreign Transfers Travel Money

Foreign Transfers Travel Money

British Pound Sterling

Canadian Dollar

1 GBP 1.6491 CAD
5 GBP 8.2455 CAD
10 GBP 16.49 CAD
20 GBP 32.98 CAD
50 GBP 82.46 CAD
100 GBP 164.91 CAD
250 GBP 412.28 CAD
500 GBP 824.55 CAD
1,000 GBP 1,649.10 CAD
2,000 GBP 3,298.20 CAD
5,000 GBP 8,245.50 CAD
10,000 GBP 16,491.00 CAD
50,000 GBP 82,455.00 CAD
100,000 GBP 164,910.00 CAD
See more

British Pound Sterling

Canadian Dollar

0.6064 GBP 1 CAD
3.0320 GBP 5 CAD
6.0640 GBP 10 CAD
12.13 GBP 20 CAD
30.32 GBP 50 CAD
60.64 GBP 100 CAD
151.60 GBP 250 CAD
303.20 GBP 500 CAD
606.40 GBP 1,000 CAD
1,212.80 GBP 2,000 CAD
3,032.00 GBP 5,000 CAD
6,064.00 GBP 10,000 CAD
30,320.00 GBP 50,000 CAD
60,640.00 GBP 100,000 CAD
See more
Country Guides (GBP & CAD)
United KingdomUnited Kingdom (GBP)CanadaCanada (CAD)GuernseyGuernsey (GBP)
Isle of ManIsle of Man (GBP)JerseyJersey (GBP)South Georgia And South Sandwich IslandsSouth Georgia And South Sandwich Islands (GBP)

GBP/CAD - Historical Trends

This table shows historic rates and trends of British Pound Sterling to Canadian Dollar over periods upto 10 years.

PeriodChange*GBP/CADDate
1 Day-0.4%1.660519 Sep 2019
7 Day-0.5%1.662013 Sep 2019
30 Day+2.6%1.611921 Aug 2019
3 Month-1.9%1.685922 Jun 2019
1 Year-3.4%1.713220 Sep 2018
5 Year-7.4%1.786321 Sep 2014
10 Year-5.3%1.747622 Sep 2009

*For period to 20-Sep 21UTC when GBP/CAD was 1.6543

You can use our GBP interactive charts to check GBPCAD historic trends.

Get a Better FX Deal when you Send and Spend Abroad.

 

GBP and CAD in the Markets

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

 

British Pound Sterling (GBP)

Pound valuations will continue to fluctuate based on Brexit 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.

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.

Read more in the article GBP Forecasts.

 

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.

Why can't I just get the GBP/CAD 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 GBP / CAD 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 GBP Exchange Rates