GBP/CAD

British pound sterling (GBP) to Canadian dollar (CAD) exchange rate.

 SELL Open a SELL trade on  SELL Open a SELL trade on Of current open trades, % are BUY and % are SELL BUY  Open a BUY trade on BUY  Open a BUY trade on   The daily price change of

Product Type: CurrenciesMarket: Global
Trading Hours:  24 hours, Mon-Fri.
Full trading conditions >> 

Description:

British pound sterling against Canadian dollar (GBP/CAD) is a cross-pair of GBP, the 4th most commonly-held currency with the CAD, the world's 6th most commonly-held currency. GBP (generally referred to simply as the pound) and CAD (nicknamed loonie) are official currencies of two top ranking national economies. The exchange rate for the GBP/CAD indicates how much of the loonie is needed to buy one pound.   

Interesting Facts:

  • Britain's pound is the 4th most actively-traded currency in the foreign exchange market, after the US dollar, the euro, and the Japanese yen. It is also one of the world’s major reserve currencies.
  • Canada's loonie is one of the 6 most traded currencies in the world. It’s especially popular among top liquidity banks that choose it because of the country's economic soundness, strong governmental system, and political and legal stability.
  • The country above America has the 9th largest economy. based on gross domestic product (GDP); is considered the 5th largest energy producer, the 7th largest crude oil extractor and producer. and is overall, one of the richest countries in the world.
  • London, the national capital of England and the United Kingdom, is the largest financial centre in the world, being home to nearly 30% of all daily foreign exchange transactions.