Understanding the Table:
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’.
British pound (GBP) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.
GBP/CAD Outlook: The outlook for GBP/CAD is slightly positive, but likely to move sideways as it remains comfortably above its recent average and near the high end of its range.
GBP/USD Outlook: Likely to increase, as the rate is at recent highs and supported by UK economic conditions.
USD/CAD Outlook: Slightly weaker, but likely to move sideways, as the rate is below its recent average and near recent lows with little clear direction.
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.
The best GBP to CAD exchange rate is 1.8635 from OFX . This is -0.5% compared to the mid-market rate 1.8728.
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.
Looking at the full GBP to CAD - Send Money comparison table the provider with the best GBP to CAD exchange rate is OFX at 1.8635, -0.5% from the latest mid-market rate 1.8728.
The next best is Wise at 1.8619, -0.58% from the mid-rate.
Then XE at 1.8616, which is -0.6% from the mid-rate.
The Western Union rate is 1.8541 which is -1% from the mid-rate.
Among the banks the Lloyds Bank rate is 1.7707 at -5.5% the Royal Bank of Scotland rate is 1.782 at -4.8% and the Barclays Bank rate is 1.7944 at -4.2% compared to the mid-rate 1.8728.
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.
View a full list of exchange rates by selecting your Base (from) currency:
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