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    Best CAD to GBP Exchange Rates Compared Live

    The best CAD to GBP exchange rate is 0.5547. Compare foreign transfer and currency exchange rates, find better rates & deals.

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    The CAD to GBP exchange rate has slipped to 0.5550, 1.1% below the 3-month average, as CAD struggles amid falling oil prices and muted response to positive employment data. Conversely, GBP gains from a rebound in UK GDP, raising concerns over potential volatility ahead. 15-Oct

     
     

    Comparing CAD-GBP exchange rates

    Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Canadian dollar (CAD) to British pound (GBP) rates from different sources before making a conversion.

    The above loonie to sterling comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and foreign exchange providers against the latest CAD-GBP mid-rate (see Market Data below ) and the possible savings of using a different provider. 

     
     
     

    CAD to GBP Market Data

    Canadian dollar (CAD) to British pound (GBP) market data - latest interbank exchange rate, trend, chart & historic rates.

     
    1 CAD =
    0.5547We compare provider deals to this wholesale mid-market rate. Read more
    GBP
    -0.1%
    1W
    CAD to GBP is at 7-day lows near 0.5550, 1.1% below its 3-month average of 0.5614, having traded in a very stable 3.6% range from 0.5528 to 0.5727
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    DateCAD/GBPChangePeriod
    30 Sep 2024
    0.5526
    0.4% 2 Week
    16 Jul 2024
    0.5636
    1.5% 3 Month
    15 Oct 2023
    0.6030
    8% 1 Year
    16 Oct 2019
    0.5908
    6.1% 5 Year
    17 Oct 2014
    0.5510
    0.7% 10 Year
    19 Oct 2004
    0.4413
    25.8% 20 Year
    CAD/GBP historic rates & change to 14-Oct-2024
     

    What are equivalent amounts of CAD and GBP?

    Here are some popular conversion amounts for CAD to GBP (Canadian dollar to British pound)*.

    CAD GBP
    C$ 1 £ 0.5547
    C$ 5 £ 2.7735
    C$ 10 £ 5.5470
    C$ 20 £ 11.09
    C$ 50 £ 27.74
    C$ 100 £ 55.47
    C$ 250 £ 138.68
    C$ 500 £ 277.35
    C$ 1,000 £ 554.70
    C$ 2,000 £ 1,109
    C$ 5,000 £ 2,774
    C$ 10,000 £ 5,547
    C$ 20,000 £ 11,094
    C$ 50,000 £ 27,735
    C$ 100,000 £ 55,470
    CAD GBP
    C$ 1.8027 £ 1
    C$ 9.0135 £ 5
    C$ 18.03 £ 10
    C$ 36.05 £ 20
    C$ 90.14 £ 50
    C$ 180.27 £ 100
    C$ 450.68 £ 250
    C$ 901.35 £ 500
    C$ 1,803 £ 1,000
    C$ 3,605 £ 2,000
    C$ 9,014 £ 5,000
    C$ 18,027 £ 10,000
    C$ 36,054 £ 20,000
    C$ 90,135 £ 50,000
    C$ 180,270 £ 100,000

    More amounts

    *Converted at the current CADGBP interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

     
     

    Forecasts for CAD to GBP

     

    The exchange rate for CAD to GBP has recently seen a decline, with current trading levels around 0.5550, which is 1.1% below the 3-month average of 0.5614 and at 7-day lows. FX analysts note that the Canadian dollar (CAD) appears muted despite positive employment data, suggesting a lack of robust support for the currency. This situation is compounded by the ongoing slide in global oil prices, with the price of oil currently at $75.26—2.7% below the average of the last three months. As oil is a crucial export for Canada, further declines in prices could hinder the CAD’s strength against the GBP in the coming days.

    Read our full review of recent CAD to GBP forecasts.

     
    CAD to GBP flags

    How to get a good CAD to GBP exchange rate

    There are several ways to save on exchange rates when converting Canadian dollar to British pound:

    1. Shop around for the best CAD/GBP exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
    2. Timing is important: Keep an eye on the CAD/GBP rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
    3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both CAD and GBP at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

    The key is reducing excessive costs and fees

    Generally speaking, if you are buying British pound with Canadian dollar, then it's better for the CAD/GBP exchange rate to be higher.

    However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

    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.

    It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

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    Will the Canadian dollar rise against the British pound?

    It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

    To help with this you can add CAD/GBP to your personalised Rate Tracker to track and benefit from currency movements.

     
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    Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

    Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

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    Read our Currency guide to the United Kingdom - a practical currency and money guide to travel, living and doing business in the United Kingdom with the British pound.

     
     
     

    Currency Country Guides

    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)
     

    How is the expat life in the UK?

    Expat life in the UK can be a positive experience, as the country is known for its rich history, culture, and diverse society. It also offers a high standard of living and a strong economy. However, as with any move to a new country, there can be challenges to overcome.

    One of the biggest challenges for expats in the UK is the weather, as it can be unpredictable and quite damp, especially in the winter. Additionally, the cost of living in the UK, particularly in the larger cities such as London, can be high.

    Read more at our United Kingdom (GBP) country guide

       
     
     

    Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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