Convert British Pound to Canadian Dollar
GBP to CAD Exchange Rate Calculator
1 British Pound (GBP) = 1.8642 Canadian Dollar (CAD) at the live mid-market rate. That means $100 GBP converts to roughly 186.42 CAD, and $1,000 GBP converts to about 1,864.20 CAD. The GBP/CAD rate refreshes every hour from Frankfurter, which sources data from the European Central Bank reference set. Enter any amount below to convert instantly — free, no sign-up.
90-day GBP/CAD context
Over the past 90 days, GBP/CAD has traded between 1.8121 and 1.8675. The current rate of 1.8642 sits roughly 94% through that range — near the upper end, meaning Canadian Dollar has been weaker than typical against British Pound recently. Versus the rate 90 days ago, British Pound has strengthened by 2.41% against Canadian Dollar.
GBP/CAD Price History
Interactive GBP/CAD exchange rate chart with 7-day, 30-day, and 90-day views.
About British Pound (GBP)
The British Pound Sterling (GBP) is the official currency of the United Kingdom and one of the oldest currencies in continuous use, dating back over 1,200 years. It is issued by the Bank of England and is the fourth-most-traded currency globally.
- •In continuous use since Anglo-Saxon England — older than any major fiat rival
- •Fourth-most-traded currency, ~13% of daily global forex turnover
- •Bank of England sets Bank Rate via its Monetary Policy Committee (MPC)
- •GBP/USD carries the traders' nickname "Cable" from the 19th-century transatlantic telegraph cable
- •The UK left the EU on 31 January 2020; Brexit still shapes GBP volatility around trade headlines
About Canadian Dollar (CAD)
The Canadian Dollar (CAD) is the official currency of Canada and the sixth-most-held reserve currency. Nicknamed the "Loonie" after the loon on the C$1 coin, it is a commodity currency driven primarily by crude oil prices and US cross-border trade, which accounts for roughly 75% of Canadian exports.
- •Canada is the world's fourth-largest crude oil producer
- •Roughly 75% of Canadian exports go to the United States
- •Bank of Canada (BoC) sets the overnight rate and targets 2% CPI inflation
- •USD/CAD is often called the "Loonie" among traders
- •Canada and the US are connected by the USMCA trade agreement (replaced NAFTA in 2020)
Frequently Asked Questions
How do commodity prices affect GBP/CAD?
CAD is a commodity-linked currency — its movements correlate closely with WTI crude oil prices. Rising commodity prices typically strengthen CAD and move GBP/CAD accordingly.
What is a typical daily range for GBP/CAD?
Daily ranges vary with volatility regimes. Majors like EUR/USD typically move 0.5–1.2% on quiet days and 2–3% on data-release days. Check the 30-day chart above for a sense of the current range.
What economic events move GBP/CAD the most?
The biggest scheduled catalysts are Bank of England MPC meetings, UK CPI, and UK jobs reports and BoC rate decisions, Canadian employment data, and WTI crude movements. Geopolitical headlines and global risk sentiment also produce meaningful moves, especially when one currency is a safe-haven and the other is risk-sensitive.
Is it cheaper to convert GBP to CAD at a bank or online?
Online money-transfer services (Wise, Revolut, Remitly, InstaRem) typically offer rates much closer to the mid-market GBP/CAD than traditional banks. Always compare the total delivered amount, not just the advertised "fee" — many providers embed their margin in the exchange rate itself.
Does the GBP/CAD rate change on weekends?
The interbank forex market closes from Friday 21:00 UTC until Sunday 21:00 UTC, so mid-market GBP/CAD rates don't update during that window. Retail broker spreads often widen at Sunday open as Asian desks reopen, so the first few hours of the new week can carry wider execution costs.
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Country money guides, key terms, rate history, and articles related to GBP/CAD.
Country guides
Glossary
- Pip (Forex)A pip ("percentage in point") is the smallest standard price increment for a currency pair…
- Spread (Forex)The spread is the difference between the buy (ask) price and the sell (bid) price of a cur…
- Safe-Haven CurrencyA safe-haven currency is one that investors buy during periods of global financial stress,…
Rate history
- GBP/USD historyGBP/USD ("Cable" in forex slang, named for the 19th-century transatlantic telegraph cable) has been one of the most politically-driven major pairs of the last decade
- USD/CAD historyUSD/CAD ("Loonie" in forex slang) is the world's second-most-traded commodity-currency pair after AUD/USD
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Exchange rates refresh hourly · Sourced from institutional-grade data providers