The comparison table above helps you see the total cost of your Wise 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’.
Compare Wise Exchange Rates & Fees - Save Time & Money
Our Wise GBP 10000 to CAD rate is 1.858. This is -0.41% below the mid-rate.
Wise - GBP Rate Margin Analysis
The average GBP rate margin offered by Wise is 0.63%.
This average is based on individual GBP 10K transfer rates in the currency pairs from Wise that we monitor.
Wise - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by Wise for British pound (GBP 10K)
transactions. Margins show the percentage difference from the mid-market rate.
GBP to CAD is at 60-day highs near 1.8686, just 0.8% above its 3-month average of 1.8528, having traded in a very stable 2.9% range from 1.8346 to 1.8882
Bias: Bearish-to-range-bound, USD/CAD sits below the 90-day average and in the lower half of its three-month range, suggesting limited upside unless new data shift the outlook.
Bias
GBP/CAD is range-bound; current level vs the 90-day average is unclear, and it sits in the upper half of the 3-month range.
Key drivers
- Rate gap: BoE remains relatively restrictive and signals slower cuts, while BoC has eased policy, widening the gap that tends to support GBP vs CAD, especially when risk appetite is modest.
- Risk/commodities: Oil prices sit near 30-day highs, supporting CAD given Canada’s oil exports, while oil volatility can keep CAD volatility elevated.
- Canada macro: Canada’s upcoming trade balance and employment data will influence CAD, with markets watching for signs oil demand and export momentum.
Range
GBP/CAD is likely to drift within the recent 3-month band, hovering near the upper half and near 60-day highs, avoiding a clean breakout unless a clear data surprise arrives.
What could change it
- Upside risk: stronger-than-expected UK inflation and a BoE signal that rates stay higher for longer than currently priced.
- Downside risk: a sustained drop in oil prices or a stronger-than-expected Canadian data run lifting CAD and pressuring GBP/CAD lower
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GBP to CAD Conversion: What Is Your Money Worth?
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
Wise Send Money conversion rate for GBP to CAD?
The Wise GBP to CAD exchange rate is 1.858. This is -0.41% compared to the latest GBP-CAD mid-market rate 1.8656.
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
Wise - Sterling to Loonie comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Wise and other foreign exchange providers against the latest GBP-CAD mid-rate and the possible savings of using various providers.
How do Wise GBP-CAD rates compare between providers?
Looking at the full
GBP to CAD - Send Money comparison table the provider with the best GBP to CAD exchange rate is Wise at 1.858, -0.41% from the latest mid-market rate 1.8656.
The next best is OFX at 1.8563, -0.5% from the mid-rate.
Then XE at 1.8544, which is -0.6% from the mid-rate.
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
like Wise or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency: