Use this live chart to monitor the current Canadian dollar to British pound rate. Whether you’re planning a transfer, managing cross-border costs, or timing the market, this real-time view shows how the pair is moving right now.
Here’s how the CAD to GBP rate has moved over the last 12 months:
CAD to GBP is a cross-market pair, influenced by both commodity trends in Canada and monetary policy or economic outlooks in the UK. Here's what typically drives it:
As a resource-rich economy, Canada’s dollar tends to rise when global oil and commodity prices climb, and weaken when energy markets cool. Since the UK imports much of its energy, these dynamics can have an outsized effect on this pair.
Shifts in rate expectations often drive this pair. A surprise BoE hike or firmer tone from policymakers can push GBP higher. If the BoC moves first, or UK data softens, momentum can flip quickly.
CAD often rises with oil and metals, while GBP tends to move on domestic confidence. Political headlines, UK inflation surprises, or market nerves around policy shifts can trigger sharp moves in sterling.
UK inflation, employment, and GDP numbers can cause sharp movements in GBP, particularly if they surprise markets. While CAD reacts to domestic figures too, UK data releases often create more short-term volatility in this pair.
Whether you're paying school fees, investing in UK property, or transferring funds for business, even small shifts in CAD to GBP can affect the final amount. Our service offers:
Yes. The rate moves during market hours, especially after economic data from the UK, Canada, or global oil markets.
Not exactly, that’s the benchmark. We apply a small, clear margin to it, typically much better than bank rates.
Absolutely. Use a forward contract to fix the exchange rate now for a future transfer, especially helpful for budgeting or large payments.
Oil exports are a major part of Canada’s economy. Rising oil prices usually boost CAD, while falling prices can weaken it, which affects the CAD to GBP rate, especially when GBP is stable.