Rate direction
British pound to Canadian dollar · GBP/CAD trend
Review the recent market direction, current mid-market rate and significant movement alerts.
90-day market context
GBP to CAD at 1.8807 is just 0.6% above its 3-month average of 1.869, having traded in a very stable 3.8% range from 1.8321 to 1.9021
Quick GBP/CAD forecast
Currency Forecasts related to GBP/CAD
GBP to CAD Exchange Rate Forecast & Outlook
Currently, GBP/CAD is trading near 1.8783, just above its 3-month average, and within a 3.8% range. The pair is supported by risk-off sentiment amid geopolitical tensions and UK political uncertainty.
GBP to CAD Conversion: What Is Your Money Worth?
View common conversion amounts at today’s mid-market rate
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 * :
*Converted at the current GBP-CAD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
What is the
best Send Money conversion rate for GBP to CAD?
The best GBP to CAD exchange rate is 1.8699 from Wise. This is -0.4% compared to the mid-market rate 1.8774.
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 1.8699, -0.4% from the latest mid-market rate 1.8774.
The next best is OFX at 1.868, -0.5% from the mid-rate.
Then XE at 1.8661, which is -0.6% from the mid-rate.
The Western Union rate is 1.8492 which is -1.5% from the mid-rate.
Among the banks the Lloyds Bank rate is 1.7706 at -5.7% the Royal Bank of Scotland rate is 1.7818 at -5.1% and the Barclays Bank rate is 1.7942 at -4.4% compared to the mid-rate 1.8774.
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.