Find the deal when converting your British pounds to Canadian dollars.
If you’re a forex investor or simply looking to trade British pounds for Canadian dollars, get the most for your money with a strong exchange rate.
Today’s mid-market rate
Refreshing in: 60s | Thu, 20 Jun 03:50pm GMT
Buy Canadian dollar with British pound
The exchange rates in the table are not locked in. Confirm your final rate on the provider’s site before completing any transaction.
How does the British pound trade against the Canadian dollar historically?
During the 20th century, the GBP to CAD exchange rate averaged at 2.03, and the last 10 years have brought the exchange rate to under 2.0.
The decline of the British pound accelerated after the Brexit vote in 2016 — Britain’s proposed exit from the EU. The GBP has fallen against the CAD, reaching 1.63 in January 2017 compared with 1.97 a year earlier. As Britain heads toward more tumultuous times, the pound will fall even further.
British pound to Canadian dollar exchange rate history
Using historical data to forecast the GBP to CAD exchange rate, we’ve put together the average exchange rate for the British pound against the Canadian dollar past week.
|Jun 13||Jun 14||Jun 15||Jun 16||Jun 17||Jun 18||Jun 19|
|1 GBP =||1.6899 Inverse: 0.5918||1.6910 Inverse: 0.5914||1.6907 Inverse: 0.5915||1.6888 Inverse: 0.5921||1.6818 Inverse: 0.5946||1.6805 Inverse: 0.5950||1.6794 Inverse: 0.5955|
Average exchange rate over the past 6 months.
|Jan 18||Feb 13||Mar 11||Apr 06||May 02||May 28|
|1 GBP =||1.7076 Inverse: 0.5856||1.7046 Inverse: 0.5867||1.7743 Inverse: 0.5636||1.7457 Inverse: 0.5728||1.7556 Inverse: 0.5696||1.7077 Inverse: 0.5856|
Average exchange rate over the past 10 years.
|1 GBP =||1.7666|
What affects GBP to CAD exchange rates?
Factors that affect how any currency trades against another are sociopolitical atmosphere, prices and inflation rates, foreign trade and monetary policy and export-to-import price ratios.
Less aggressive factors are consumer confidence about the economy and economic growth, the strength of other currencies, investor speculation and day-to-day news about natural disasters, elections and new government policies.
To exchange your GBP to CAD rates, consider the economy and how it measures up against other currencies. To avoid paying more than you have to, find a money transfer company that charges low fees and keeps its exchange rates as close to the mid-market rate as possible.