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.
Bias
GBP/CAD sits above the 90-day avg and near the top of the 3-month range, with limited downside but room to move. BoE looks set to hold longer as BoC eases, oil stays firm and caps GBP upside while risk appetite returns.
Key drivers
- BoE likely to hold rates longer while BoC has already eased, widening the gap in favor of GBP and adding resilience to Sterling when global risk appetite improves.
- Oil remains near multi-week highs, lifting CAD and capping further upside for GBP/CAD, as energy demand supports the loonie even if UK data softens.
- Upcoming Canadian trade and employment data in January could shift the CAD outlook and influence BoC signaling for the near term.
Range
Quiet drift within the 3-month band, with a tilt toward the upper end if risk appetite improves and UK data surprises to the upside.
What could change it
- Upside risk: stronger-than-expected UK data reinforcing a longer, higher-rate path for the BoE.
- Downside risk: sustained oil-price strength keeps CAD bid and weighs on GBP/CAD
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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 1.8584 from Wise. This is -0.41% compared to the mid-market rate 1.8660.
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 1.8584, -0.41% from the latest mid-market rate 1.8660.
The next best is OFX at 1.8567, -0.5% from the mid-rate.
Then XE at 1.8548, 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.