Canadian Dollar

Canadian Dollar

The Canadian dollar (symbol: $; code: CAD; French: dollar canadien) is the currency of Canada. It is abbreviated with the dollar sign $, or sometimes Can$ or C$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents (¢). Owing to the image of a loon on the one-dollar coin, the currency is sometimes referred to as the loonie by foreign exchange traders and analysts, as it is by Canadians in general, or huard in French. Accounting for approximately 2% of all global reserves, the Canadian dollar is the fifth most held reserve currency in the world, behind the U.S. dollar, the euro, the yen and the pound sterling. The Canadian dollar is popular with central banks because of Canada's relative economic soundness, the Canadian government's strong sovereign position, and the stability of the country's legal and political systems.

British Pound

British Pound

The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence (singular: penny, abbreviated: p). A number of nations that do not use sterling also have currencies called the pound. At various times, the pound sterling was commodity money or bank notes backed by silver or gold, but it is currently fiat money, backed only by the economy in the areas where it is accepted. The pound sterling is the world's oldest currency still in use and which has been in continuous use since its inception.Sterling is the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the Chinese yuan it forms the basket of currencies which calculate the value of IMF special drawing rights. Sterling is also the third most-held reserve currency in global reserves (about 4%).The British Crown dependencies of Guernsey, Jersey and the Isle of Man produce their own local issues of sterling (the Guernsey pound, the Jersey pound and the Manx pound) which are considered fully equivalent to UK sterling in their respective regions. The pound sterling is also used in Gibraltar (alongside the Gibraltar pound), the Falkland Islands (alongside the Falkland Islands pound), Saint Helena and Ascension Island in Saint Helena, Ascension and Tristan da Cunha (alongside the Saint Helena pound). The Bank of England is the central bank for the pound sterling, issuing its own coins and banknotes, and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Banknotes issued by other jurisdictions are not regulated by the Bank of England; local governments use Bank of England notes as backing for local issuance by allowing them to be exchanged 1:1 at face value.

1 Canadian Dollar to British Pound exchange rates chart

1 CAD to GBP exchange rates graph
1 CAD to GBP Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1 CAD to GBP exchange rates table

Exchange CAD to GBP
1 Canadian Dollar = 0.581 British Pound
2 Canadian Dollar = 1.162 British Pound
5 Canadian Dollar = 2.905 British Pound
10 Canadian Dollar = 5.810 British Pound
Exchange Canadian Dollar to British Pound
1 Canadian Dollar to British Pound Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best CAD/GBP rate at T Currency Exchange in Toronto

1 CAD to GBP exchange rates at T Currency Exchange in Toronto
1 Canadian Dollar = 0.582 British Pound
T Currency Exchange
T Currency Exchange

A Canadian currency exchange owned, operated and serving Toronto for more than 25 years with reliable currency exchange service. TCE was primarily founded to provide a higher grade of foreign currency exchange services and focused on money transfers globally. After a couple of years of successful and greatly appreciated operations we diversified into provision of various yet relevant services. Now we have a portfolio of services which are provided reliably according to the laws and...

Best CAD/GBP rate at Interchange Financial in Toronto

1 CAD to GBP exchange rates at Interchange Financial in Toronto
1 Canadian Dollar = 0.578 British Pound
Interchange Financial
Interchange Financial

We are one of Canada’s premier independent currency exchange specialists. We are staffed with traders experienced at some of the largest financial institutions in the world. We do hundreds of millions of dollars worth of currency exchange transactions each year and save our customers millions of dollars. We are able to deliver these savings because our expertise in currency markets and our volumes allow us to access the international markets and bring the benefits of better pricing directly...

Best CAD/GBP rate at Ultimate Currency Exchange in Toronto

1 CAD to GBP exchange rates at Ultimate Currency Exchange in Toronto
1 Canadian Dollar = 0.581 British Pound
Ultimate Currency Exchange
Ultimate Currency Exchange

Ultimate Currency Exchange is a Canadian registered company that provides foreign exchange services with three branches; two in Ottawa and one in Toronto and also accepts online orders to ship foreign currency to any part of Canada. UCE buys and sells more than ninety foreign currencies with no commission fees. UCE's exchange rates are always better than Canadian banks and compete with the other exchange bureaus. Ultimate Currency Exchange is a "Money Service Business" registered with FINTRAC...

Best CAD/GBP rate at Taheri Exchange in Toronto

1 CAD to GBP exchange rates at Taheri Exchange in Toronto
1 Canadian Dollar = 0.582 British Pound
Taheri Exchange
Taheri Exchange

Taheri Exchange is a full service foreign currency exchange company located in Toronto, Canada. When the company was founded, our aspiration was to provide a higher grade of foreign exchange services. Our driving principles have been method the embodiment of integrity, attentiveness and diligence. While the company has grown, our corporate culture continues to embrace the same approach, and the same tone of caring is reflected throughout the organization. We provide services to corporations...

Best CAD/GBP rate at Thomas Exchange Global in London

1 CAD to GBP exchange rates at Thomas Exchange Global in London
1 Canadian Dollar = 0.581 British Pound
Thomas Exchange Global
Thomas Exchange Global

Thomas Exchange Global was established in 1993 and has grown to become one of the leading providers of wholesale, retail, travel and commercial foreign exchange services to businesses and individual private clients in the UK. As a dedicated foreign exchange specialist, we have the professional expertise, in depth market knowledge, technological infrastructure and commitment to provide you with an unprecedented level of service that sets the standard in the foreign exchange industry. We are...

1 CAD to GBP exchange rates news

USD/CAD - Canadian Dollar Grinds Sideways

The Canadian dollar is grinding sideways in a narrow trading range. Canadian dollar sellers because of plunging oil prices are finding plenty of buyers because of expectations for higher domestic interest rates in December. The opposing views have re-enforced ...

imperative negative
C$ notches one-week high as greenback broadly slides

Canadian dollar rises 0.2 percent against the greenback; Canadian manufacturing sales rise 0.2 percent in September; Canadian bond prices move higher.

conditional neutral
C$ climbs to one-week high as oil prices rise

* Canadian dollar rises 0.3 percent against the greenback; * Price of U.S. oil rises 2.3 percent; * Canadian manufacturing sales rise 0.2 percent in.

indicative positive
Canadian dollar notches one-week high as greenback broadly slides

The Canadian dollar strengthened to its highest in more than one week against its U.S. counterpart on Friday, extending this week's gain as the greenback broadly fell and domestic data showed that factory sales edged higher in September.

conditional neutral
USD/CAD - Canadian Dollar Tries to Rally

The Canadian dollar is making an effort to rally. It is proving to be a struggle because global risk sentiment continues to teeter between "risk-on" and "risk-off." A lack of domestic data is another issue for Canadian dollar traders. The domestic ...

imperative neutral
British Pound Weekly Technical Forecast: Sterling Seeks Further Brexit News

The Pound faced a tumultuous trading week with a breakdown in Brexit optimism as members of Parliament voiced outrage over a proposed Brexit deal text.

subjunctive neutral
Sterling scarred by Brexit turmoil; Asia shares cling to trade hopes

By Wayne ColeSYDNEY (Reuters) - The British...

conditional neutral
GBP/JPY Price Forecast - British pound bounces from the ¥145 level

The British pound bounced a bit from the ¥145 level during the trading session on Friday as perhaps a bit of short covering was going on. Quite frankly, this is a small reprieve and what has been extraordinarily volatile market.

conditional neutral
GBP/JPY Weekly Price Forecast - British pound rolls over for the week

The British pound initially tried to rally during the week but found enough resistance at the previous downtrend line to roll over again. It looks as if we are starting to trace out a descending channel, which of course is negative.

conditional neutral
NZ dollar rallies against British pound on Brexit turmoil - sharechat.co.nz

The New Zealand dollar climbed against the British pound amid intensifying political turmoil in the UK over the government's Brexit plans. The kiwi also strengthened against the US currency

conditional neutral

1 CAD to GBP currency converter