Best Canadian Dollars to Pounds Exchange Rate to UK Today

CAD $53.30 Avg. Saving vs. Banks ?

Top 3 Money Transfer Providers for Canada to UK

Provider Amount Received Fee Exchange Rate Speed
Currency Solutions Currency Solutions GBP £6,069.54 £0.00 0.607 1-3 days more...
TorFX TorFX GBP £6,076.28 £0.00 0.6076 1-3 days more...
OFX (prev. CanadianForex) OFX (prev. CanadianForex) GBP £6,029.11 No Fee 0.6029 1-4 days more...
FXcompared Country Guides
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CANADA
Canada has no foreign exchange controls, making overseas money transfers to Canada or sending money from Canada simple Read More
UK
There are no exchange controls in the UK for the pound sterling (GBP), and transferring money to the UK and sending money from the UK is very easy Read More
See all guides here
 

Below are the best exchange rates for canadian dollars to pounds offered on FXcompared from our chosen money transfer companies, to help you make the best decision for your money transfer. CAD to GBP Exchange Rates.

Top 11 Money Transfer Providers

Exchange Rates as of 2019-07-19T21:02:00+00:00

Currency Solutions

Currency exchange specialists ranking No.1 on Trustpilot for the past two years
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Currency exchange specialists ranking No.1 on Trustpilot for the past two years
Amount Received
GBP £6,069.54
CAD $81.81
saved vs. banks
Bank Beating Rates

TorFX

?
Est. 2004

Bank-beating FX rates | Safe and secure | Free transfers for FXcompared customers

More Info Less Info

Bank-beating FX rates | Safe and secure | Free transfers for FXcompared customers

Amount Received
GBP £6,076.28
CAD $92.81
saved vs. banks

OFX (prev. CanadianForex)

OFX provides secure and speedy international money transfers to over 300,000 people in 55 currencies at better-than-bank rates.

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OFX provides secure and speedy international money transfers to over 300,000 people in 55 currencies at better-than-bank rates.

Amount Received
GBP £6,029.11
CAD $15.81
saved vs. banks

Moneycorp

?
Est. 1979

One-off payments | Regular payments | Great rates | Safeguarded customer funds

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One-off payments | Regular payments | Great rates | Safeguarded customer funds

Amount Received
GBP £6,064.02
CAD $72.81
saved vs. banks

WorldFirst

?
Est. 2004

Transparency and security | Great customer feedback rating from Feefo

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Transparency and security | Great customer feedback rating from Feefo

Amount Received
GBP £6,032.79
CAD $21.81
saved vs. banks
Bank Beating Rates

Currencies Direct

Call us0203 018 1318

Bank-beating FX rates | Safe and secure | Free transfers for FXcompared customers

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Bank-beating FX rates | Safe and secure | Free transfers for FXcompared customers

Amount Received
GBP £6,057.90
CAD $62.81
saved vs. banks

Smart Currency Exchange

Smart is focused on helping clients to effectively and efficiently send and receive payments internationally
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Smart is focused on helping clients to effectively and efficiently send and receive payments internationally
Amount Received
GBP £6,064.02
CAD $72.81
saved vs. banks

RationalFX

?
Est. 2005
Established in 2005, RationalFX helps individuals and businesses achieve significant savings on international payments
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Established in 2005, RationalFX helps individuals and businesses achieve significant savings on international payments
Amount Received
GBP £6,070.15
CAD $82.81
saved vs. banks

Global Reach (formerly FC Exchange)

Great rates | One-off payments | Regular transfers | E-Money Institution | No fees for FXcompared customers

More Info Less Info

Great rates | One-off payments | Regular transfers | E-Money Institution | No fees for FXcompared customers

Amount Received
GBP £6,070.15
CAD $82.81
saved vs. banks

WorldRemit

?
Est. 2010

WorldRemit is an online service that lets people send money to friends and family living abroad, using a computer, smartphone or tablet.

More Info Less Info

WorldRemit is an online service that lets people send money to friends and family living abroad, using a computer, smartphone or tablet.

Amount Received
GBP £5,985.00
No saving vs. banks

Average Canadian Bank

Average of the top Canadian Banks costs as compiled by our own FXC Intelligence group

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Average of the top Canadian Banks costs as compiled by our own FXC Intelligence group

Amount Received
GBP £5,965.41
No saving vs. banks

How to Exchange Canadian Dollar to British Pound

Canadian Dollars to Pounds Exchange Rate History

The Canadian dollar (CAD, C$) is the official currency of Canada and one of the major reserve currencies in the world. Introduced into circulation in 1858, it replaced the Canadian pound, which had been in circulation since 1841. Great Britain’s pound sterling (GBP, £) is also one of the top global reserve currencies, and along with the US dollar (USD), Euro (EUR), and Japanese yen (JPY), makes up the basket of currencies which is used by the International Monetary Fund (IMF) to calculate its special drawing rights.


The Canadian dollar has historically had a lower value than the pound sterling. Since 2000, the CAD has traded in a range of £0.4009 and £0.6540; the dollar-to-pound exchange rate (CAD to GBP) during this period was C$1 to £0.5154.

Canadian Dollar Gains Ground from 2000

Since 2000, the Canadian dollar has been gaining value against the pound, though the climb has been slow and the gains have been small. This was partly due to a weakening pound sterling, in addition to strong demand for commodities and energy benefiting Canada’s economy. In October 2007, the CAD to GBP conversion rate crossed the £0.50 threshold for the first time since 2000, with an official rate of CAD to GBP £0.5010. The dollar’s value fluctuated slightly for the remainder of 2007, finally ending the year down slightly at £0.4946.


In early 2008 the CAD bounced back to above the £0.50 threshold and continued to gain against the pound into 2009. In early 2010 the dollar reached a CAD:GBP conversion rate of £0.6058. As the CAD was strengthening in comparison, the UK was experiencing hampered economic growth due to the 2008 recession, which had spread from the United States to the UK and the eurozone, affecting manufacturing and employment throughout Europe. The UK began a program of quantitative easing, which effectively reduced the value of the pound’s exchange rate against other currencies. The UK was also struggling under a heavy public sector debt load; the country suffered its first sovereign debt downgrade that year; Moody’s rating agency lowered its rating to AA1, citing a forecast for a reduction in tax revenues due to sluggish growth in the UK economy.


Throughout 2012 and into 2013, as the UK grappled with the ongoing recession, the CAD traded at an exchange rate between £0.60 and £0.65, the highest level seen in at least 20 years. By year-end 2013, however, the Canadian economy began to show signs of weakening due to a slight decrease in commodities and energy investments, in addition to persistent unemployment rates. The CAD once again slipped below the £0.60 mark and ended 2013 with a conversion rate against the pound of £0.5740.

Canadian Dollar in Familiar Territory in 2015

The 15-year average conversion rate for CAD to GBP is £0.5154, and in early 2015 the CAD was trading at a slight premium, at £0.5214. Both economies are predicted to be slightly soft over the next several years. The UK’s current account deficit is still considered one of the worst in the developed world, leading market analysts to believe it could eventually have a negative effect on its economy. In 2015, Britain’s current account deficit is estimated to equivalent to 5.2% of GDP, still too high in the estimation of many analysts. Still, experts have some optimism for the pound’s prospects in the near-term future.


Canada’s economy is still hampered by a slow recovery from the global recession, its aging workforce, and relatively high unemployment levels; most analysts predict that full employment will not return to Canada until 2016 at the earliest. Most forecasts point to a moderate near-term outlook for the Canadian economy. The one bright spot for Canada is the expected uptick in global demand for energy products and other commodities, which may help to offset its shrinking workforce.

FXcompared.com is an fx money comparison site for international money transfer and to compare rates from currency brokers for sending money abroad. The website and the information provided is for informational purposes only and does not constitute an offer, solicitation or advice on any financial service or transaction. None of the information presented is intended to form the basis for any investment decision, and no specific recommendations are intended.  FXC Group Ltd and FX Compared Ltd does not provide any guarantees of any data from third parties listed on this website. FX compared Ltd expressly disclaims any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from (i) any error, omission or inaccuracy in any such information or (ii) any action resulting therefrom.