Pound to Canadian Dollar Converter: GBP/CAD Rate

Convert GBP to CAD

GBP/CAD priced from the latest European Central Bank reference rates. Put a sterling figure in and the Canadian dollar total resolves instantly, with no calculate button and nothing to dismiss.

Both legs display together, so the pound to Canadian dollar rate and its inverse are always on screen at the same time. The table underneath spreads that rate across common amounts.

GBP to CAD Exchange Rate Today

1 GBP = 1.8724 CAD and 1 CAD = 0.5341 GBP at the European Central Bank reference rate published on 26 October 2026. That means 100 pounds converts to 187.24 Canadian dollars, and 100 Canadian dollars converts to 53.41 pounds.

Sterling is trading in the lower part of its recent range against the Canadian dollar. The pair sits below its 30 day average of 1.8813 and the 6 October high of 1.8918.

These figures reflect the latest ECB reference rate, which the European Central Bank publishes once each working day at around 16:00 Central European Time. This page checks for a new fixing every hour, and the converter above uses the same rate.

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British Pound to Canadian Dollar Conversion Table

Sterling priced into Canadian dollars at today’s rate of 1 GBP = 1.8724 CAD.

Canadian Dollar to British Pound Conversion Table

The reverse view, for anyone converting CAD to GBP at 1 CAD = 0.5341 GBP.

GBP/CAD Historical Exchange Rate

GBP/CAD has spent the past 30 days inside a 1.12 percent corridor. The pair traded between 1.8709 on 23 October 2026 and 1.8918 on 6 October 2026, and now sits 8 percent of the way up that band at 1.8725. The 30 day average is 1.8813.

Across 2026 the pair has ranged from 1.8121 to 1.9032, so the current rate sits in the upper half of the year’s range.

GBP/CAD 24-Hour Change

The pound firmed 0.09 percent against the Canadian dollar in the latest session, moving from 1.8709 to 1.8725. The pair averages 0.24 percent a day over the month, which is the bar for calling a session busy.

GBP/CAD 7-Day Change

Over seven days GBP/CAD fell, down 0.19 percent from 1.8761 on 19 October. On a cross this steady a week spread evenly across the sessions is the usual shape, and the daily average of 0.24 percent says how much of the week any single session could plausibly account for.

GBP/CAD 30-Day Change

Over 30 days GBP/CAD fell, down 0.10 percent from 1.8743 on 25 September 2026. The pair trades below its 30 day average of 1.8813. The Canadian dollar holds the month’s gain, and whether that edge is widening or fading shows in the weekly figure above.

What Affects the GBP to CAD Exchange Rate?

GBP/CAD moves on the policy gap between the Bank of England and the Bank of Canada, and on the price of oil. The Canadian dollar is a commodity currency tied closely to crude, and it also tracks the US dollar more than any other major currency because of Canada’s trade dependence on the United States.

• Bank of Canada policy. BoC rate decisions and guidance move the Canadian dollar directly. A widening UK to Canada rate gap lifts GBP/CAD.
• Bank of England policy. Rate decisions, MPC vote splits, and forward guidance move sterling on the other side of the pair.
• Oil prices. Canada is a major crude exporter. When oil rises, the Canadian dollar tends to strengthen and GBP/CAD falls.
• The US economy. Roughly three quarters of Canadian exports go to the United States. US growth data and Federal Reserve policy move the Canadian dollar almost as much as Canadian data does.
• Global risk sentiment. The Canadian dollar is a moderately risk-sensitive currency. It softens when markets turn defensive, which pushes GBP/CAD up.
• UK macro data. Inflation, wage growth and GDP shape Bank of England expectations. Worth remembering that on this pair, US data lands on the Canadian side of the equation and can outweigh the UK release entirely.

If you want the underlying mechanics, our guide to forex pairs and how they work explains quoting conventions and pip values.

GBP/CAD Market Context for Traders

GBP/CAD is a cross rate that pairs a news-driven currency with a commodity currency that behaves partly like the US dollar. That last point is what catches people out. Traders who read this pair purely as a UK versus Canada story miss that a large part of the Canadian dollar’s direction is set in Washington and in the oil market.

Current GBP/CAD Trend

Loonie-positive on the month by 0.10 percent, with sterling softer on the week. GBP/CAD trades below its 30 day average of 1.8813, 1.03 percent short of the monthly high at 1.8918 and 0.09 percent above the monthly low at 1.8709. A month’s move is one thing; the week says whether the momentum behind it is intact.

GBP/CAD Volatility Snapshot

Average daily movement over the past 30 days was 0.24 percent, with the largest single session move at 0.65 percent, set on 19 October. Among the eight sterling crosses covered here GBP/CAD ranks fifth for daily movement, counting from the busiest.

Low average volatility does not mean low risk. Even inside a 1.12 percent month, the single session of 19 October covered 0.65 percent on its own. Volatility rises around Bank of Canada and Bank of England announcements, UK inflation releases, US non-farm payrolls, and crude oil inventory data. Our position size calculator and forex pip calculator help you size trades against a fixed risk amount.

Key GBP/CAD Levels to Watch

Zones observed across 30 days of ECB data, plus the wider 2026 range for context. Descriptive, not predictive.

Trading Signals for GBP/CAD

Converter data tells you where the rate is. It does not tell you what to do with it, and a range this tight eventually resolves in one direction or the other. Read how our free forex signals work, or join the group below.

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The Forex Complex Team Insights

The GBP/CAD rate gives a useful snapshot of the current exchange value, but traders should also review volatility, market sentiment, and upcoming economic events before making decisions. This pair is a good example of why an average is not a forecast. Thirty days of 0.24 percent daily moves say nothing about a session like 19 October, which covered 0.65 percent on its own. The Forex Complex team recommends using this converter together with live forex signals, technical analysis, and proper risk management.

How to Convert British Pounds to Canadian Dollars

1. Enter your sterling figure in the first field.
2. Set CAD as the target, or press swap to invert the pair.
3. Read the live rate beneath the converter.
4. Check the recent movement sections above. As the last session on this pair showed, a month of quiet says nothing about today.
5. For trading purposes, set the rate against current sentiment and live signals.

From the Canadian side, type into the second field instead and sterling recalculates as you go.

Related British Pound Currency Pairs

The pound against the other majors, priced from the same ECB reference data.

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GBP to CAD FAQs

How much is 1 GBP in CAD today?

One pound buys 1.8724 Canadian dollars at the European Central Bank reference rate published on 26 October 2026. The figure in the converter refreshes every hour.

How much is 100 pounds to Canadian dollars?

100 pounds converts to 187.24 Canadian dollars at the current reference rate of 1 GBP = 1.8724 CAD. Banks, bureaux de change, and transfer providers apply their own margin, so the amount you actually receive will be lower than this mid-market figure.

Is GBP getting stronger against CAD?

Not over the past month: GBP/CAD is down 0.10 percent. It trades below its 30 day average of 1.8813 and sits 1.6 percent under the 2026 high of 1.9032. The Canadian dollar has had the better of it.

Why is CAD so weak?

Against sterling the Canadian dollar has firmed over the past month, so for the recent period the premise does not hold: GBP/CAD is down 0.10 percent over 30 days. The usual drivers are the oil price, since Canada is a major crude exporter, the Bank of Canada holding rates below the Bank of England, and the Canadian dollar’s tendency to follow the US dollar given that around three quarters of Canadian exports go to the United States. Over the longer run the picture is the reverse: GBP/CAD fell to 1.4575 in September 2022, its lowest in ECB records, when the Canadian dollar was at its strongest against the pound.

What is the highest the CAD has ever been against the pound?

The Canadian dollar’s strongest recorded level against sterling was 28 September 2022, when GBP/CAD fell to 1.4575. That is the lowest reading in European Central Bank records going back to 1999. The other extreme was 13 January 1999, when GBP/CAD reached 2.5583 and the Canadian dollar was at its weakest.

Why does the GBP to CAD exchange rate change?

GBP/CAD changes constantly because both currencies trade in an open global market. The main drivers are the interest rate gap between the Bank of England and the Bank of Canada, crude oil prices, and the health of the US economy. Because Canada exports so heavily to the United States, this pair often moves on American data rather than Canadian data.

Is the pound stronger than the Canadian dollar?

Yes. At 1.8724, one pound buys nearly two Canadian dollars, so sterling has the higher nominal value. This does not mean the UK economy is stronger than Canada’s. Nominal exchange rates reflect historical convention and current market pricing, not relative economic strength.

Can I use this GBP/CAD rate for forex trading?

Benchmark, not quote. The ECB sets one mid-market rate per working day. Brokers quote a bid and an ask around it, and GBP/CAD spreads sit wider than the dollar majors. Given how sharply this pair moved in the last session, checking the live quote before entering is not optional.

How often is the GBP to CAD rate updated?

Hourly refresh from ECB data, and the ECB publishes once per working day at around 16:00 Central European Time. Canadian markets run several hours behind Europe, so a late move in Toronto or New York will not appear until the following day’s fixing. Nothing is published at weekends or on ECB holidays.

How We Calculate This Exchange Rate

The rate shown comes from European Central Bank reference data via the Frankfurter API, cached for one hour. Reference rates are mid-market, the midpoint between wholesale bid and offer, and no retail customer is offered them. Banks, brokers, bureaux and transfer specialists each apply a margin. That is the point of publishing the midpoint: it gives you something to measure their quote against. Informational, not financial advice. The ECB frames them as averages for information, not rates you can transact at.

Last updated: 26 October 2026

Important Risk Note

Forex trading involves risk and may not be suitable for every trader. Exchange rates can move quickly during periods of high volatility, economic news, and central bank announcements. As the 19 October session on this pair showed, a quiet month is no guarantee of a quiet day. Always use proper risk management before entering any trade.

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