Please provide values below to convert CAD [Canadian Dollar] to GBP [British Pound Sterling], or vice versa.
CAD to GBP Conversion Table
| CAD [Canadian Dollar] | GBP [British Pound Sterling] |
|---|---|
| 0.01 Canadian Dollar | 0.0057370067 British Pound Sterling |
| 0.1 Canadian Dollar | 0.0573700673 British Pound Sterling |
| 1 Canadian Dollar | 0.5737006731 British Pound Sterling |
| 2 Canadian Dollar | 1.1474013461 British Pound Sterling |
| 3 Canadian Dollar | 1.7211020192 British Pound Sterling |
| 5 Canadian Dollar | 2.8685033653 British Pound Sterling |
| 10 Canadian Dollar | 5.7370067306 British Pound Sterling |
| 20 Canadian Dollar | 11.4740134613 British Pound Sterling |
| 50 Canadian Dollar | 28.6850336532 British Pound Sterling |
| 100 Canadian Dollar | 57.3700673064 British Pound Sterling |
| 1000 Canadian Dollar | 573.7006730637 British Pound Sterling |
Today, 1.00 (one) Canadian Dollar is worth 0.58 British Pound, ie, $1.00 = £0.58.That's because the current exchange rate, to GBP, is 0.58. So, to make Canadian Dollar to British Pound conversion, you just need to multiply the amount in CAD by 0.58. For example, you can instantly convert 3 CAD to GBP based on the rate offered by “Open Exchange Rates” to decide whether you better proceed to exchange or postpone currency conversion until better times. Current exchange rate BRITISH POUND (GBP) to CANADIAN DOLLAR (CAD) including currency converter, buying & selling rate and historical conversion chart. For example, you can instantly convert 5 CAD to GBP based on the rate offered by “Open Exchange Rates” to decide whether you better proceed to exchange or postpone currency conversion until better times. The page also shows the dynamics of the exchange rate for.
How to Convert CAD to GBP
1 Canadian Dollar = 0.5737006731 British Pound Sterling
1 British Pound Sterling = 1.7430692467 Canadian Dollar
Example: convert 15 Canadian Dollar to British Pound Sterling:
15 Canadian Dollar = 15 × 0.5737006731 British Pound Sterling = 8.605510096 British Pound Sterling
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Pound to Canadian Dollar Exchange Rate Edges Higher despite Poor UK Outlook
While the Pound Sterling to Canadian Dollar (GBP/CAD) exchange rate has been trending lower this week, it has been able to avoid the week’s worst levels. Investors are hesitant to buy the Pound (GBP) amid poor UK data, but the Canadian Dollar (CAD) is suffering from oil price news.
Since opening this week at the interbank level of 1.71, GBP/CAD has been trending with a downside bias. However, after a dip back to last week’s levels of 1.69, GBP/CAD rebounded slightly.
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Before markets closed for the week, GBP/CAD was trending in the interbank region of 1.70. It has been able to hold ground more easily due to weakness in the Canadian Dollar.
Slews of Canadian data due next week could influence Canada’s coronavirus outlook. This could help the Canadian Dollar to avoid more losses in relation to coronavirus fears.
Pound (GBP) Exchange Rates Struggle to Advance as UK Data Dampens Outlook
Even against a weakening Canadian Dollar (CAD), the Pound (GBP) fell over the past week.
Sterling’s outlook was already gloomy due to market uncertainty over the UK government’s handling of the coronavirus and Brexit crises. However, this week’s data only further damaged Britain’s outlook.
Earlier in the week, Britain’s May growth rate data showed that economic activity was worse than expected amid the coronavirus pandemic.
UK inflation and job market stats have done little to boost UK sentiment either. Amid concerning economic and political outlooks, investors have simply had little reason to buy the Pound, even in rises in market risk-sentiment.
Canadian Dollar (CAD) Exchange Rates Hit by News of Tapered Oil Production Cuts
The Canadian Dollar (CAD) is a currency that is often correlated to market sentiment. Things like risk and trade sentiment, as well as US economic sentiment, all often have an impact on the Canadian Dollar’s appeal.
For much of this week, higher market risk-sentiment drove the Canadian Dollar higher.
The Canadian Dollar also found some support in the latest Bank of Canada (BoC) policy decision, in which the bank indicated that it would not need to ramp up its stimulus scheme. This bolstered hopes for how Canada was weathering the coronavirus pandemic.
Pound Sterling To Can Dollar Exchange Rate - GBP To CAD ...
However, towards the end of the week the Canadian Dollar was hit by a fresh plunge in oil prices. As oil is Canada’s biggest export, the Canadian Dollar was impacted by news that oil producers were pulling back on production cuts.
It led to fresh fears that oil could see oversupply issues amid the coronavirus pandemic.
Pound to Canadian Dollar (GBP/CAD) Exchange Rate Awaits Key Canadian Data
The Pound (GBP) outlook remains dominated by uncertainties. These are likely to limit the Pound to Canadian Dollar (GBP/CAD) exchange rate’s potential for gains going forward.
In fact, the Pound is unlikely to advance much unless the Canadian Dollar (CAD) becomes much weaker.
This is why, unless there are surprising Brexit developments in the coming week, GBP/CAD may be driven more by upcoming Canadian data.
Next week will see the publication of some major Canadian ecostats. Retail sales are due on Tuesday, while inflation will follow on Wednesday.
If these stats come in above expectations, hopes for Canada’s coronavirus outlook could improve. This would make it more likely for GBP/CAD to fall. The pair would be more likely to advance if the data disappoints.
Pound to Canadian Dollar (GBP/CAD) exchange rate investors will also await potential Brexit developments and the global coronavirus outlook will of course remain influential.