Currency.Wiki

1 Canadian Dollar to British Pound Sterling

Updated 5 minutes ago
Convert 1 CAD:GBP
 CAD =
    GBP
 Canadian Dollar =  British Pounds Sterling
Trending: CA$ exchange rates for the last 24 hours
  • CAD/USD 0.725715 -0.01852733
  • CAD/EUR 0.682347 0.00236107
  • CAD/JPY 111.070682 2.56272454
  • CAD/GBP 0.583138 -0.00216083
  • CAD/CHF 0.661915 0.02482370
  • CAD/MXN 12.101265 -0.47628597
  • CAD/INR 60.677707 -0.98997013
  • CAD/BRL 3.716808 0.09703534
  • CAD/CNY 5.212232 -0.07732322

CAD/GBP exchange rate analysis over the past 90 days

Canadian Dollar to British Pound Sterling exchange rate: Over the last 90 days, the Canadian Dollar weakened by -0.37% against the British Pound Sterling, declining from £0.5853 to £0.5831 per Canadian Dollar. This trend reflects the evolving economic dynamics between the Canada and the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Canada and United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Canada and United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Canada or United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Canada relative to the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

cad/gbp Historical Chart

CA$
Canadian Dollar Currency

Country: Canada

Symbol: CA$

ISO Code: CAD

Bank: Bank of Canada

Interesting fact about Canadian Dollar

The Canadian Dollar (CAD), Canada's official currency, is administered by the Bank of Canada. Established in 1858, the CAD supplanted numerous colonial currencies. Renowned for its stability and reliability, it is a cornerstone of Canada's economic framework, facilitating international trade and investments.

£
British Pound Sterling Currency

Country: United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, Guernsey

Symbol: £

ISO Code: GBP

Bank: Bank of England

Interesting fact about British Pound Sterling

The British Pound Sterling (GBP) is the currency of the United Kingdom, British Indian Ocean Territory, the Isle of Man, Jersey, and Guernsey. With a long history dating back to the 8th century, it has played a significant role in global trade and the UK's economy. As one of the world's major currencies, the GBP remains an important symbol of economic strength and stability in these regions.

Quick Conversion Guide

Frequently Asked Questions

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The Canadian Dollar to British Pound Sterling exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 CAD to GBP is £0.58.
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Yes, our site provides historical charts that show the trends and fluctuations in the Canadian Dollar to British Pound Sterling exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.