The live Canadian-dollar-to-pound rate, updated every minute. Book CAD→GBP with SummitFX on WhatsApp — we accept incoming CAD via SWIFT and settle GBP via UK Faster Payments.
Use the tabs to view the last week, month, year, or five years of daily closing rates. The shaded band shows the high-low range for the period — a quick visual read on volatility.
Type in either box — enter a CAD amount to see what you'd get in GBP, or enter a target GBP amount to see how many Canadian dollars you'd need. Calculated at the live mid-market rate shown above.
Note: The rate shown is the live mid-market rate. Your actual executable rate includes a small spread — typically 0.3–0.7% at SummitFX vs 2–4% at a UK high street bank. We'll always show the full breakdown before you book.
CAD/GBP is the mirror of GBP/CAD — read from the Canadian side. The pair moves on the relative paths of the Bank of Canada and the Bank of England, oil prices, US data (Canada's primary trade partner), UK domestic data, and global risk sentiment. Because Canada is so deeply integrated with the US economy, CAD/GBP often reflects US-driven moves more than UK-driven ones.
Bank of Canada policy: The BoC sets Canadian interest rates and meets eight times a year. Decisions, the post-meeting Monetary Policy Report, and Tiff Macklem's press conferences are the biggest scheduled CAD events. The BoC's policy path tends to track the Fed closely given US-Canada integration.
Oil prices: Canada is a major oil producer; oil exports are a meaningful share of national GDP. Rising oil prices typically support CAD; falling oil weighs on it. WTI is the relevant benchmark.
US data and Fed policy: Around 75% of Canadian exports go to the US, so Canadian growth is closely linked to US demand. US non-farm payrolls and CPI prints often move CAD as much as Canadian-specific data — sometimes more.
Canadian housing market: Canadian housing is a meaningful macro variable, affecting both consumer wealth and BoC's financial stability concerns. Major housing-sector developments can move the loonie.
Risk sentiment: CAD is moderately risk-on. In bullish global markets it strengthens; in stress episodes it weakens against safe havens. The CAD-oil correlation tends to amplify both directions.
Bank of England policy: The BoE's MPC sets UK interest rates (3.75% in early 2026). Higher UK rates relative to Canada attract capital into sterling, weighing on CAD/GBP. The MPC meets roughly every six weeks.
UK CPI: Hot UK CPI supports sterling by delaying BoE cuts. Wage growth data is especially important to the MPC. Both releases can move the pair meaningfully.
UK PMIs and GDP: Growth surveys and quarterly GDP prints are watched for evidence of UK economic momentum. Strong UK data tends to push CAD/GBP lower (sterling stronger).
UK fiscal events: The Autumn Budget, Spring Statement, and OBR forecasts can trigger sharp moves in gilts and sterling. Fiscal credibility is a recurring theme.
UK political risk: Leadership changes, confidence votes, and electoral uncertainty add a risk premium to sterling. Calmer politics historically corresponds to sterling strength against CAD.
Canada and the UK share deep historical, cultural, and economic ties. The corridor carries both significant trade and substantial people flow. Around 600,000 UK-born people live in Canada, and Canada is a major destination for UK retirees, students, and skilled migrants. Trade is worth around £20 billion annually across goods and services. The corridor generates real CAD→GBP demand from Canadian residents with UK property, pension entitlements, family ties, or business interests.
CAD→GBP settles in two legs: your CAD arrives via SWIFT, we convert, and we pay out GBP via UK Faster Payments. Time-zone alignment matters — Canadian banking days start during UK afternoon, which constrains same-day delivery options.
Three things most commonly cause CAD→GBP transfers to miss same-day settlement:
Late CAD arrival. Our cutoff is 14:00 UK time for same-day GBP settlement. CAD wires sent from Canada in the early Canadian morning typically arrive in the UK before our cutoff, but afternoon Toronto bookings often miss it. If you're sending from Canada, send in the Canadian morning to maximise same-day chances.
Intermediary bank holds. SWIFT wires from Canada to the UK occasionally route through a US correspondent bank, which can add an hour or two. Standard delays are minor; longer holds are rare but can push settlement to T+1.
UK or Canadian bank holidays. If UK banks are closed, Faster Payments may post the following business day. If Canadian banks are closed, your CAD wire won't be initiated. Plan around both calendars when settlement timing is critical — Canada's federal and provincial holidays differ from the UK's.
For tight GBP deadlines — UK property completions, HMRC payments, supplier invoices — book the day before and let the conversion settle overnight. Forward contracts are well-suited to CAD→GBP given the typical lead time on Canada-to-UK financial moves.
CAD/GBP is the corridor for Canadian residents and businesses with meaningful sterling obligations, plus UK-bound flows from Canadian expats and investors. Common use cases:
Canadian buyers purchasing investment or residential property in London and other UK cities. UK conveyancing typically runs 8-12 weeks; forward contracts protect deal economics from currency moves during that window.
Brits who emigrated to Canada drawing UK pension income, or Canadian pensioners with UK pension entitlements. Regular conversions of GBP receipts to CAD for living costs is a common monthly rhythm.
Canadians who lived in the UK returning home, or Brits with Canadian residency moving back. Large one-off transfers where broker spreads vs bank spreads make a meaningful difference.
Canadian importers of UK goods — fashion, food, professional services, financial services. Tight spreads on regular high-volume payments protect margin.
Canadian residents supporting family or paying expenses in the UK, including students at UK universities. Predictable payment schedules make forwards or rate alerts an obvious fit.
Canadian residents holding UK-listed stocks, UK property, or UK pension entitlements. Topping up brokerage accounts or paying property expenses requires regular CAD-to-GBP conversion.
You can convert Canadian dollars to pounds through your bank, through a transfer app, or through a broker. CAD/GBP is a moderately liquid pair — and for trades of any meaningful size, the difference in pricing shows up immediately.
Everything clients typically ask about sending Canadian dollars to pounds. Still have questions? Message us on WhatsApp — a real dealer, not a bot, will reply.
We never forecast — but the chart above puts today's rate in context. If CAD/GBP is near its 30-day high, you're getting more pounds per loonie than the monthly average. The pair tracks oil prices and US data, so timing matters. Rate alerts let you set a target and wait passively.
Canadian and UK banks typically mark up CAD/GBP by 2–4% for retail customers. SummitFX spreads are 0.3–0.7% depending on size. On a C$300,000 UK property deposit that's a saving of C$6,000–C$9,000 — material on top of the deposit itself.
If your CAD arrives with us by 14:00 UK time on a UK business day, we settle the GBP the same day. UK Faster Payments post within minutes to most UK accounts. Send your CAD wire in the Canadian morning to give the best chance of same-day UK settlement.
Yes. UK conveyancing typically runs 8–12 weeks during which CAD/GBP can move 3–5% against you. A forward contract fixes today's rate for delivery on completion day. You pay a deposit (5–10% of the trade) upfront and settle the balance at completion.
No hard minimum — we handle trades from C$500 to C$5m+. Below around C$5,000 the spread widens slightly to cover fixed execution costs. For recurring smaller payments to UK family or suppliers, market orders or standing arrangements work better than ad-hoc bookings.
The rate shown on Google, XE, or the chart above is the mid-market rate — the midpoint of interbank buy and sell quotes. Nobody gets exactly that rate; providers add a margin. Banks typically 2–4%, Wise 0.4–0.7%, SummitFX 0.3–0.7% — with our clients also getting a named dealer and WhatsApp access.
Yes. This page streams the live rate continuously, and WhatsApp is always open — send 'quote' and we reply in seconds with a live rate and the full breakdown on your specified amount. No obligation to book.
Your rate is locked the moment you reply CONFIRM on a quote. Even if the pair swings 1% before your CAD wire reaches us, the rate you receive stays exactly as booked. This is the key reason to use a broker rather than a bank card or transfer app — those typically only lock the rate at the moment of final execution.
Message us on WhatsApp and we'll have a live executable rate back in seconds.