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    Best GBP to CAD Exchange Rates Compared Live

    The best GBP to CAD exchange rate is 1.7115. Compare foreign transfer and currency exchange rates, find better rates & deals.

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    Comparing GBP-CAD exchange rates

    Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Pound Sterling (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 vs the latest GBP-CAD mid-rate (see below) and the possible savings of using another provider.

     
    @bestfxrates : 📉 GBP/CAD Update: FX analysts predict bearish trends for both GBP & CAD. HSBC sees GBP drop to $US1.20, RBC to $US1.15 later in '24 amid UK political woes. CAD may weaken on potential BoC dovish shifts. Track UK politics, BoC policy & oil prices around current 1.7156 range. #GBPCAD #Forex #CurrencyTrading

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    GBP to CAD Market Data

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

     
    1 GBP =
    1.7115We compare provider deals to this wholesale mid-market rate. Read more
    CAD
    +0.2%
    2W
    GBP to CAD at 1.7185 is just above its 3-month average, having traded in a very stable 2.5% range from 1.6966 to 1.7394
    |
    Sell GBP   →   Buy CAD
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    DateGBP/CADChangePeriod
    28 Mar 2024
    1.7088
    0.6% 2 Week
    12 Jan 2024
    1.7103
    0.5% 3 Month
    12 Apr 2023
    1.6790
    2.4% 1 Year
    13 Apr 2019
    1.7439
    1.5% 5 Year
    14 Apr 2014
    1.8345
    6.3% 10 Year
    16 Apr 2004
    2.4157
    28.9% 20 Year
    GBP/CAD historic rates & change to 11-Apr-2024
     

    What are equivalent amounts of GBP and CAD?

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

    GBP CAD
    £ 1 C$ 1.7115
    £ 5 C$ 8.5575
    £ 10 C$ 17.12
    £ 20 C$ 34.23
    £ 50 C$ 85.58
    £ 100 C$ 171.15
    £ 250 C$ 427.88
    £ 500 C$ 855.75
    £ 1,000 C$ 1,712
    £ 2,000 C$ 3,423
    £ 5,000 C$ 8,558
    £ 10,000 C$ 17,115
    £ 20,000 C$ 34,230
    £ 50,000 C$ 85,575
    £ 100,000 C$ 171,150
    GBP CAD
    £ 0.5843 C$ 1
    £ 2.9215 C$ 5
    £ 5.8430 C$ 10
    £ 11.69 C$ 20
    £ 29.22 C$ 50
    £ 58.43 C$ 100
    £ 146.08 C$ 250
    £ 292.15 C$ 500
    £ 584.30 C$ 1,000
    £ 1,169 C$ 2,000
    £ 2,922 C$ 5,000
    £ 5,843 C$ 10,000
    £ 11,686 C$ 20,000
    £ 29,215 C$ 50,000
    £ 58,430 C$ 100,000

    More amounts

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

     
     

    Forecasts for GBP to CAD

     

    Based on recent exchange rate forecasts and market updates, the outlook for the GBP to CAD exchange rate appears to be somewhat bearish for both currencies. FX analysts anticipate the British pound (GBP) to face pressure amid market volatility and continued uncertainties, possibly leading to a fall in value against the Canadian dollar (CAD). The potential for a Bank of England interest rate cut in June and political uncertainties in the UK may contribute to the pound's weakness. HSBC expects the pound to drop to $US1.20 later this year, while RBC sees sterling falling towards $US1.15 in the second half of the year.

    Read our full review of recent GBP to CAD forecasts.

     

    How to get a good GBP to CAD exchange rate

    There are several ways to save on exchange rates when converting Pound Sterling to Canadian dollar:

    1. Shop around for the best GBP/CAD 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 GBP/CAD 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 GBP and CAD 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 Canadian dollar with Pound Sterling, then it's better for the GBP/CAD 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.

    Will the Pound Sterling rise against the Canadian dollar?

    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 GBP/CAD 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).

    Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


     

    Read our Currency guide to Canada - a practical currency and money guide to travel, living and doing business in Canada with the Canadian dollar.

     
     
     

    Currency Country Guides

    United KingdomUnited Kingdom (GBP)CanadaCanada (CAD)
     

    Here are a few things to consider when sending money to Canada:

    1. Fees: Different banks and money transfer services charge different fees for international money transfers. Shop around to find the best deal and compare the fees charged by different providers.

    2. Exchange rate: The exchange rate is the rate at which one currency is converted into another. Keep an eye on the exchange rate when sending money to Canada, as it can fluctuate and impact the amount of money you receive.

    3. Transfer speed: Some money transfer providers offer faster transfer speeds than others. If you need the money to arrive in Canada quickly, consider a provider that offers expedited transfer speeds for an additional fee.

      Read more at our Canada (CAD) 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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