Use this live chart to monitor the current pound to Canadian dollar 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 GBP to CAD rate has moved over the last 12 months:
GBP to CAD is influenced by a mix of UK monetary policy, Canadian commodity performance, and broader global sentiment. Here’s what tends to move the needle:
This pair often reacts to expectations around interest rates. If the Bank of England signals further hikes, the pound can strengthen. On the other hand, if the Bank of Canada adopts a more hawkish tone, CAD can push higher, especially if energy markets are supportive.
Canada is a major exporter of oil and other commodities. When prices rise, CAD often gains. If global demand weakens or oil prices fall, the Canadian dollar typically softens, even if UK fundamentals stay steady.
The pound is particularly sensitive to confidence in the UK economy. Market reactions to inflation numbers, jobs data, or political developments can move GBP quickly, and shift this pair even without any changes on the Canadian side.
CAD tends to perform well in "risk-on" markets, when investors are confident and commodities are in demand. During uncertain periods, the pound often benefits from relative stability, but this can flip quickly depending on broader market tone.
Whether you’re buying property, funding family, or making a business payment, every fraction of a percent in the exchange rate matters. Our service offers:
Frequently. The rate reacts to UK and Canadian economic data, central bank announcements, and global commodity prices.
The live rate is the benchmark. We apply a small, transparent margin, typically more competitive than most banks.
Yes. With a forward contract, you can fix today’s rate and avoid uncertainty, which is useful for budgeting or larger transactions.
Canada is a major oil exporter. When oil prices rise, CAD usually strengthens. A downturn in energy markets often puts pressure on the Canadian dollar, which can push GBP to CAD higher.