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Best GBP to CAD exchange rates today
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 | Mon, Oct 14, 01:59PM GMT
Buy Canadian dollar with British pound
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.
|Oct 07||Oct 08||Oct 09||Oct 10||Oct 11||Oct 12||Oct 13|
|1 GBP =||1.6348 Inverse: 0.6117||1.6279 Inverse: 0.6143||1.6286 Inverse: 0.6140||1.6519 Inverse: 0.6054||1.6692 Inverse: 0.5991||1.6698 Inverse: 0.5989||1.6657 Inverse: 0.6003|
Average exchange rate over the past 6 months.
|May 15||Jun 09||Jul 04||Jul 29||Aug 23||Sep 17|
|1 GBP =||1.7270 Inverse: 0.5791||1.6882 Inverse: 0.5924||1.6419 Inverse: 0.6090||1.6084 Inverse: 0.6218||1.6348 Inverse: 0.6117||1.6555 Inverse: 0.6041|
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.
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