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’.
GBP to CAD Market Data
British pound (GBP) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.
GBP/CAD rates are currently range-bound, reflecting recent stability. Analysts note that a narrowing interest rate differential due to potential cuts from the BoE and recent rate reductions by the BoC is influencing the currencies. Watch for oil prices and Canadian job data, as these could shift the balance in either direction
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GBP to CAD 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 British pound are worth in Canadian dollar across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
What is the
best Send Money conversion rate for GBP to CAD?
The best GBP to CAD exchange rate is 1.8577 from Wise. This is -0.4% compared to the mid-market rate 1.8652.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (GBP) to Canadian dollar (CAD) rates from different sources before making a conversion.
The above
Sterling to Loonie 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 GBP-CAD mid-rate and the possible savings of using various providers.
How do GBP-CAD rates compare between providers?
Looking at the full
GBP to CAD - Send Money comparison table the provider with the best GBP to CAD exchange rate is Wise at 1.8577, -0.4% from the latest mid-market rate 1.8652.
The next best is OFX at 1.8558, -0.5% from the mid-rate.
Then XE at 1.854, which is -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.