GBP → CAD · Real-time rate

Convert pounds sterling
into Canadian dollars (GBP → CAD)

Change your pounds sterling (GBP) into Canadian dollars (CAD) at the real interbank rate, in real time. Ideal for a property purchase, tuition fees or a transfer to a loved one in Canada, with a margin from 0.40% and no hidden fees.

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GBP → CADCurrency pair
Real timeMarket rate
0.40%Margin from
35'000+ clientsIndividuals & businesses
CHF 1 Billion+Exchanged since 2018
Up to 10× cheaperThan a traditional bank
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SO-FIT (SRO) affiliated*
GBP/CAD conversion at a glance

Convert pounds sterling into Canadian dollars, at the right rate

The essentials to change your GBP into CAD with no nasty surprises on the rate or the fees.

The real GBP/CAD rate

The interbank (mid-market) rate, with no inflated margin hidden in the displayed rate.

A margin from 0.40%

Transparent and sliding, up to 10× cheaper than a bank. No hidden fees.

Personal Swiss IBAN

Fund your account in pounds sterling and execute your transfers in Canadian dollars, automatically converted at the real rate.

A reliable Swiss partner

ibani SA, founded in Geneva in 2018, a financial intermediary affiliated with SO-FIT, recognised by FINMA.

What you really pay

GBP → CAD: ibani, bank or exchange office ?

On a 5'000 GBP exchange per month, the margin applied to the rate makes all the difference over the year.

CriterionibaniBankExchange office
Starting rateReal interbank"In-house" rate"In-house" rate
Exchange marginFrom 0.40%~1.5 to 2%Often > 2%
Transfer fees0 GBPVariable—
Estimated annual cost*~240 GBP~900 GBP> 1'000 GBP
100% digital trackingYesPartialNo

*Indicative orders of magnitude for a 5'000 GBP/month exchange over 1 year. See the details on our Rates page.

Rate movement

GBP / CAD exchange rate live

Follow the pair's trend to choose the right moment for your exchange.

Conversion tables

How much is 1 GBP worth in CAD (and vice versa) ?

Indicative amounts, ibani margin included, updated continuously.

Reference rate as of 21 September 2026; the rate applied is the one at the time of the order.

GBPCAD
GBP 11.87
GBP 59.33
GBP 1018.66
GBP 5093.31
GBP 100186.62
GBP 500933.11
GBP 1'0001'866.22
GBP 5'0009'331.11
GBP 10'00018'671.58
GBP 50'00093'404.76
CADGBP
CAD 10.53
CAD 52.65
CAD 105.31
CAD 5026.53
CAD 10053.05
CAD 500265.25
CAD 1'000530.50
CAD 5'0002'652.51
CAD 10'0005'305.02
CAD 50'00026'538.44
How to convert

Your GBP changed into CAD, in 3 steps

Create your ibani account for free

100% digital sign-up in 5 minutes, with no opening or account maintenance fees.

Get your personal Swiss IBAN

Fund your account in pounds sterling from your bank, in a few clicks.

Send your Canadian dollars at the real rate

ibani converts your GBP into CAD at the market rate and executes the transfer to the beneficiary, the same day.

Other pairs

Convert other currencies

From the pound sterling (GBP)
GBP CHF GBP EUR GBP USD GBP SGD
To the Canadian dollar (CAD)
CHF CAD EUR CAD USD CAD

All our converters →

Markets · updated 28 August 2026

GBP/CAD: what has moved in recent months

Two central banks standing still, one and a half points apart: the Bank of England at 3.75% since 30 July, the Bank of Canada at 2.25% since 15 July. That yield differential structurally supports the pound, while the loonie benefits from still-elevated energy prices.

GBP

The Bank of England holds at 3.75%

On 30 July 2026 the Bank of England kept Bank Rate at 3.75% by six votes to three, the three dissenters arguing for a rise to 4.00%. UK inflation edged back up to 2.9% in July. In late August the pound hit a six-month high against the dollar before slipping back below 1.36: the fall in Brent eased inflation expectations and pushed the next expected hike out to 2027. The next decision is on 17 September 2026.

CAD

Six holds in a row in Ottawa

The Bank of Canada left its policy rate at 2.25% on 15 July 2026, its sixth consecutive hold. Canadian inflation had climbed back to 3.2% in May on gasoline prices linked to the Middle East conflict; the Bank expects it to ease towards 2.5% in the second half of 2026 and back to the 2% target in early 2027. It projects growth of 0.7% in 2026, then 1.8% in both 2027 and 2028.

GBP → CAD

What it means for you

The late-August fall in Brent pushed the next UK hike out to 2027 — the same fall that weighs on the Canadian dollar. Both currencies react to the same factor, in opposite directions: the pair tends to amplify oil moves.

Benchmark on 28 August 2026: 1 GBP ≈ 1.8820 CAD. The converter at the top of this page shows the live rate.

Sources: Bank of England, monetary policy summary of 30 July 2026 · Office for National Statistics, July 2026 consumer price index · Bank of Canada, statement and Monetary Policy Report of 15 July 2026.

The economics of the pair

GBP/CAD: the Bank of England versus the Bank of Canada

The rate between the pound sterling (GBP) and the Canadian dollar (CAD) is a major cross pair on the foreign exchange market. Its dynamic is dictated by the relationship between two central banks : the Bank of England (BoE) and the Bank of Canada (BoC).

The pound sterling above all reflects the health of the UK economy and the BoE's policy. Since Brexit, it has been particularly sensitive to UK inflation, growth and employment data, as well as to the Bank of England's schedule of monetary tightening or easing.

The Canadian dollar, for its part, is a commodity-linked currency. As Canada is a major exporter of oil, the "loonie" (the CAD's nickname) often appreciates when the price of crude rises, and it remains closely correlated to the North American economic situation. The Bank of Canada adjusts its key rates according to inflation and the strength of domestic demand.

The result : the GBP/CAD rate moves with the monetary policy gap between London and Ottawa, the price of commodities and investors' risk appetite. A rising barrel of oil tends to support the CAD (and therefore push GBP/CAD lower), while a BoE more restrictive than the BoC supports the pound.

On the same topic, discover how to change your currency online and calculate an exchange rate.

Written by Brice Delhome.

Frequently asked questions

Frequently asked questions about GBP/CAD exchange

There is no universally ideal day. The GBP/CAD rate depends on market movements and on the decisions of the Bank of England (BoE) and the Bank of Canada (BoC). The Canadian dollar, a commodity-linked currency, often strengthens when the oil price rises, while the pound reacts to BoE announcements on UK inflation. Monitor the real rate continuously and trigger your exchange at the moment that suits you.

The GBP/CAD rate is a cross pair that reflects two distinct dynamics: on one side the monetary policy of the Bank of England and the health of the UK economy, on the other the price of commodities (oil first and foremost) and the decisions of the Bank of Canada. The interest-rate gap between the two central banks and the markets' risk appetite play a decisive role.

With ibani, you get a personal Swiss (CH) IBAN. You fund your account in pounds sterling, ibani converts your GBP into Canadian dollars at the real market rate and executes the transfer in CAD to the beneficiary of your choice, with no hidden fees. It's ideal for a property purchase, tuition fees or a payment to a loved one settled in Canada.

ibani applies a transparent margin from 0.40% on the real interbank rate, decreasing with amounts. There are no opening or account maintenance fees. It's up to 10× cheaper than a traditional bank. Transfers in currencies other than CHF and EUR may be subject to correspondent bank fees. See the details on the Rates page.

Change your pounds sterling
into Canadian dollars at the right rate.

Get a personal Swiss IBAN, convert your GBP into CAD at the real rate and pay your beneficiaries with no hidden fees. Free account opening, 100% digital, in 5 minutes.
OPEN A FREE ACCOUNT ibani for individuals

✓ Real interbank rate  ·  ✓ Margin from 0.40%  ·  ✓ Affiliated with SO-FIT (SRO)

* Transfers in currencies other than EUR and CHF may be subject to correspondent bank fees.

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Swiss financial intermediary subject to the AMLA regulatory framework

Your money is handled with the utmost regulatory rigour.

ibani SA is a FinTech company established since 2018 in the heart of Geneva, Switzerland. We are a financial intermediary audited for our activity, with thousands of clients and exchange operations to our name.

ibani SA is affiliated with SO-FIT as a financial intermediary within the meaning of Article 2 para. 3 of the Anti-Money Laundering Act (AMLA). SO-FIT is a self-regulatory organisation recognised by the Swiss Financial Market Supervisory Authority (FINMA).