GBP to CAD exchange rate
Mid-market GBP/CAD — the rate banks trade with each other, before anyone adds a margin. Use it as the benchmark for any quote you are given, including ours.
GBP to CAD at a glance
Converted at the mid-market rate above. A bank pricing the same amounts would typically build in 3–4%, which is the gap a specialist desk closes.
| British Pound | Canadian Dollar |
|---|---|
| £100.00 | C$186.71 |
| £250.00 | C$466.78 |
| £500.00 | C$933.57 |
| £1,000.00 | C$1,867.14 |
| £2,500.00 | C$4,667.84 |
| £5,000.00 | C$9,335.68 |
| £10,000.00 | C$18,671.36 |
| £25,000.00 | C$46,678.39 |
| £50,000.00 | C$93,356.79 |
| £100,000.00 | C$186,713.57 |
What moves the GBP/CAD rate
Relocation, property and pension transfers make up most of this corridor. The Canadian dollar tracks crude oil closely, so GBP/CAD frequently moves on energy markets rather than on anything happening in either economy — worth knowing if you are watching UK news and wondering why the rate shifted.
The GBP leg
Sterling trades on Bank of England rate expectations, UK inflation prints and gilt yields, so it tends to move sharply around MPC meetings and CPI releases.
The CAD leg
The Canadian dollar moves with crude oil and, more than any other major, with the US economy — USD/CAD is often the cleanest expression of that relationship.
Delivering CAD
CAD settles by EFT, with larger values routed over Lynx the same business day; FINTRAC reporting applies to international transfers.
GBP/CAD questions
What is the GBP/CAD exchange rate today?+
The mid-market GBP/CAD rate is 1.8671, meaning 1 GBP buys 1.8671 CAD. This is the rate banks quote each other, before any margin is added — it is the number to compare any quote against.
Why is the rate I am offered lower than the GBP/CAD mid-market rate?+
GBP/CAD is one of the most liquid pairs in the market, so the underlying spread a provider pays is tiny. Almost every provider still adds a margin to the mid-market rate instead of charging a visible fee, which means the exchange rate itself is the cost — and on a pair this liquid, a rate 3-4% off mid-market is a pricing decision rather than a cost of trading.
How long does a payment in CAD take to arrive?+
CAD settles by EFT, with larger values routed over Lynx the same business day; FINTRAC reporting applies to international transfers.
Can I fix a GBP/CAD rate for a future payment?+
Yes. A forward contract fixes today's rate for settlement up to 24 months ahead, which removes the risk of the rate moving between agreeing a price and paying it. That is common on property purchases and scheduled supplier payments.
Other GBP rates
More on each currency: British Pound · Canadian Dollar · All live rates
Get a quote
Tell us what you're moving and a specialist will come back with a live rate and next steps — usually within one business hour.