The TD Bank CAD to GBP rate is 0.5840. This is 7.3% below the mid-rate. Compare TD Bank currency conversion rates - Reduce FX costs.
The TD Bank CAD to GBP exchange rate is 0.5840. This is 7.3% compared to the latest CAD-GBP mid-market rate 0.5442.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Canadian dollar (CAD) to British pound (GBP) rates from different sources before making a conversion.
Looking at our comparison table the best CAD to GBP exchange rate is 0.5415 from OFX, -0.5% from the mid-market rate 0.5442. The next best rate is 0.5409 from XE, -0.61% from the mid-rate. Then Wise with 0.5404 is -0.7% from the mid-rate.
The Western Union rate is 0.5387 which is -1% from the mid-rate.
Among the banks, the TD Bank rate is 0.5840 at 7.3%, the Scotiabank rate is 0.5257 at -3.4%, and the Royal Bank of Canada rate is 0.5275 at -3.1% compared to the mid-rate 0.5442.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like TD Bank 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.
The TD Bank Loonie to Sterling comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by TD Bank and other foreign exchange providers against the latest CAD-GBP mid-rate (see Market Data below ) and the possible savings of using various providers.
TD Bank offer competitive exchange rates on over 50 foreign currencies for travel money and transfers via their online internet banking at their branches.
As usual non-cash rates for transfers are better than Travel Money (Cash) Rates. This reflects the costs and risks associated with shipping, handling and holding foreign currency in cash.
TD Bank publish their CAD and USD exchange rates here. These Non-Cash rates are available to TD bank clients only and apply to the conversion of paper and electronic instruments such as wire transfers, cheques, drafts, etc.
Canadian dollar (CAD) to British pound (GBP) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | CAD/GBP | Change | Period |
|---|---|---|---|
22 Apr 2025 | 0.5440 | 0% ▲ | 2 Week |
05 Feb 2025 | 0.5588 | 2.6% ▼ | 3 Month |
06 May 2024 | 0.5825 | 6.6% ▼ | 1 Year |
07 May 2020 | 0.5783 | 5.9% ▼ | 5 Year |
09 May 2015 | 0.5359 | 1.5% ▲ | 10 Year |
11 May 2005 | 0.4279 | 27.2% ▲ | 20 Year |
Here are some popular conversion amounts for CAD to GBP (Canadian dollar to British pound)*.
*Converted at the current CADGBP interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The exchange rate forecasts for the Canadian dollar (CAD) against the British pound (GBP) reflect several underlying factors influencing both currencies at this time. The CAD has faced downward pressure recently due to the continuing weakness in oil prices, which have dropped significantly below their three-month average. Current oil price data shows OIL to USD at 60.23, which is 14.0% beneath its average of 70.07, indicating a volatile environment with ranges fluctuating between 60.14 and 76.99. Given Canada’s status as a major oil exporter, the falling oil prices are likely to constrain the CAD, as the currency typically declines in value when commodity prices slump.
Read our full review of recent CAD to GBP forecasts.
There are several ways to save on exchange rates when converting Canadian dollar to British pound:
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.
Read our Currency guide to the United Kingdom — a practical currency and money guide to travel in the United Kingdom plus living and doing business with the British pound.
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.
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.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| United Kingdom (GBP) | Canada (CAD) |  Guernsey (GBP) |
 Isle of Man (GBP) |  Jersey (GBP) |  South Georgia and South Sandwich Islands (GBP) |
The United Kingdom (UK) offers a rich blend of historical charm, modern infrastructure, and diverse opportunities, making it an attractive destination for expatriates and business professionals alike. Here's a comprehensive guide to help you settle in and thrive in the UK.
Read more at our United Kingdom (GBP) country guide
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The Wise Account allows users to hold and convert funds in 40 different currencies and send and spend internationally, all at the “real” exchange rate and with exceptionally low service fees. Users can also receive major-currency payments free of charge.
News2025-03-27
Recent U.S. trade policies, including aggressive tariffs on auto imports, have introduced significant volatility in global currency markets, affecting major currencies such as the euro, British pound, and Japanese yen.
Further reading on the British pound (GBP) - Guides, Reviews & News from our research team.
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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