🇨🇦 CAD vs 🇬🇧 GBP: Currency Strength Comparison
Data updated: November 6, 2026
On November 6, 2026, one British Pound bought 1.8828 CAD at the official reference rate, so per unit the British Pound is worth more. A higher unit value only reflects how each currency is denominated, not which one is gaining: over the past 12 months CAD weakened by 2% against GBP, so on momentum the British Pound (GBP) is the stronger of the two.
Adjusted for consumer-price inflation in both economies, CAD lost 1.5% in real terms against GBP over the same period.
CAD relative to GBP
Positive values mean CAD strengthened against GBP.
CAD vs GBP over the last three years
CAD against GBP, index 100 on November 6, 2023. A rising line means CAD gained on GBP. Dashed: the same, adjusted for consumer-price inflation in both economies. Green dot: 3-year high, red: 3-year low.
- 3-year high: 100.7 on January 2, 2024, when CAD was at its strongest against GBP in the period.
- 3-year low: 88.9 on July 7, 2026.
- Now: 89.9, 10.7% below the high and 1.1% above the low.
- Sharpest one-month move: CAD fell 4.9% against GBP between February 11, 2025 and March 10, 2025, around the time of “BoE cuts to 4.50%” (🇬🇧 February 6, 2025).
What moved CAD and GBP
- · 🇨🇦 US declines to extend CUSMA deal — The US-Canada-Mexico trade pact stays in force but shifts to annual reviews, not a 16-year extension
- · 🇬🇧 Reeves delivers Autumn Budget — Chancellor Rachel Reeves raises taxes and extends threshold freezes, easing gilt-market fears
- · 🇨🇦 Trump cancels all Canada trade talks — Trump terminates trade negotiations with Canada after a dispute over an anti-tariff ad
- · 🇬🇧 BoE starts cutting — Bank of England cuts rates for first time since 2020
- · 🇨🇦 BoC starts cutting — Bank of Canada begins easing cycle, cuts to 4.75%
Major central-bank decisions, elections and shocks for the two currencies since November 6, 2023. The interactive chart marks them on the line.
Performance against 15 major currencies
| Currency | 12-month change vs basket | Rank |
|---|---|---|
| 🇨🇦 Canadian Dollar (CAD) | +1.3% | #5 of 16 |
| 🇬🇧 British Pound (GBP) | +3.5% | #4 of 16 |
Open the interactive CAD/GBP chart →
How this comparison works
Each currency's strength index starts at 100 and accumulates its daily change against 15 other major currencies (a geometric mean of pairwise exchange-rate moves), using European Central Bank reference rates and other official sources. The relative figures above divide CAD's index by GBP's, so they reflect the two currencies' performance against each other while accounting for the whole basket. The real variant additionally adjusts each currency for its domestic CPI inflation.
Read the full methodology →Frequently asked questions
Is CAD stronger than GBP right now?
It depends on the question. Per unit, 1 GBP = 1.8828 CAD (reference rate, November 6, 2026), so the British Pound is worth more. As for which one is gaining, over the past 12 months CAD weakened by 2% against GBP, so on momentum the British Pound (GBP) is the stronger of the two.
How do CAD and GBP perform against other major currencies?
Against a basket of 15 major currencies over the past 12 months, CAD ranks #5 of 16 (+1.3%) while GBP ranks #4 (+3.5%).
What does the CAD vs GBP strength comparison show?
Rather than a single exchange rate, this page compares how each currency performed against a basket of 15 major currencies, then derives their relative strength. It filters out moves caused by the other currency alone and shows who is truly stronger.
How often is the data updated?
Every trading day (Monday to Friday), after the European Central Bank publishes its reference rates, usually around 16:00 CET.