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.
Is the GBP to CAD Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the British pound against the Canadian dollar is to review how the GBP/CAD rate has changed over time.
The table below shows the percentage change in the GBP to CAD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
GBP/CAD
Change
Period
30 May 2025
1.8495
0.1% ▼
2 Week
15 Mar 2025
1.8624
0.8% ▼
3 Month
13 Jun 2024
1.7530
5.4% ▲
1 Year
14 Jun 2020
1.7059
8.3% ▲
5 Year
16 Jun 2015
1.9245
4% ▼
10 Year
18 Jun 2005
2.2554
18.1% ▼
20 Year
GBP/CAD historic rates & change to 13-Jun-2025
GBP/CAD holding at 1.8527 despite UK GDP contraction of 0.3% in Apr. Analysts expect indecisive trading w/ limited UK data ahead. CAD stable for now but could weaken if oil prices (currently $69.36) continue volatile trend. #forex #GBPCAD
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 1.8356 from Wise. This is -0.45% compared to the mid-market rate 1.8439.
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 comparison table
the best GBP to CAD exchange rate is 1.8356 from Wise, -0.45% from the mid-market rate 1.8439. The next best rate is 1.8347 from OFX, -0.5% from the mid-rate. Then XE with 1.8328 is -0.6% from the mid-rate.
The Western Union rate is 1.8255 which is -1% from the mid-rate.
Among the banks the Lloyds Bank rate is 1.746 at -5.3% the Royal Bank of Scotland rate is 1.7571 at -4.7% and the Barclays Bank rate is 1.7794 at -3.5% compared to the mid-rate 1.8439.
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.
The recent dynamics in the GBP to USD exchange rate have been influenced by a combination of economic indicators and political developments, contributing to a...