The Canadian Dollar rates below were last updated 1 minute ago
If you're travelling to Canada soon you'll want to get the best deal on your Canadian Dollars. Our free comparison service compares the best Canadian Dollar rates from the biggest currency suppliers in the UK so you can see at a glance who is offering the top deals. We are currently comparing 25 suppliers selling Canadian Dollars in the UK with exchange rates ranging from 1.9412 to 2.0143.
But wait, it gets better! Many of the top suppliers listed above offer us exclusive exchange rates that are better than any other website which means if you order through us you could save even more money. We are so confident that you won't find better Canadian Dollar exchange rates on any other UK website that we challenge you to let us know if you find a better deal!
The Canadian Dollar is the official unit of currency in Canada, and the unofficial currency of Saint Pierre and Miquelon – a small group of French islands in the North Atlantic Ocean. It carries the International Standard Currency Code: CAD, and is represented by the dollar sign ($) or C$ to distinguish it from other dollar currencies. The Canadian Dollar currently ranks 6th in the list of most-traded currencies in the world, up from 7th last year.
Canadian monetary policy is managed by the Bank of Canada based in Ottawa, Ontario. They are responsible for maintaining the value of the Canadian Dollar, managing the flow of money, and promoting a sound financial system within Canada. Banknotes are printed under contract by the Canadian Bank Note Company (also based in Ottawa), and coins are minted by the Royal Canadian Mint in Winnipeg, Manitoba.
In recent times, the Canadian Dollar has begun to appreciate in value against other currencies, partly due to the rising price of oil which is a major export commodity for Canada. It’s stabilisation along with a strong Canadian economy has earned the Canadian Dollar the status of a benchmark currency which means it is kept in reserves by governments around the world along with US Dollars, Euros, and British Pounds.
As a tourist destination Canada is very safe but you should still take some simple precautions. The Foreign and Commonwealth Office (FCO) issue travel advice specifically for British tourists visiting Canada under their “Know Before You Go” campaign and we recommend you check the latest advice here before you travel.
The average British traveller takes about £920 (1520CAD based upon data from 1st August to 31st October 2013) with them when visting Canada.
You can enter Canada as a British Citizen for short periods of time without a Visa. However, if you are looking to stay for a longer period or you hold a different type of British nationality you will need to check the entry requirements with the Canadian High Commission before travelling to Canada.
If you are travelling with children and only one parent is present you are advised to carry with you a letter of consent from the non present parent. In exceptional circumstances immigration officers have the right to question the children to ensure that they have not been abducted.
Over the past week the Canadian Dollar has dropped by 0.58% from last Friday's rate of 2.0260 to today's rate of 2.0143 which means £750 will buy you $8.77 less now than it would have a week ago. During this period the best rate we recorded was 2.0533 on Tuesday and the worst rate is 2.0143 recorded today.
The 90 day outlook has seen the Canadian Dollar rate increase by 7.60% from 1.8720 on 31st May 2015 to 2.0143 today. Based on these figures, £750 will buy you $106.73 more today than it would have three months ago. We recorded a high rate of 2.0533 on 25th August 2015 and a low rate of 1.8595 on 9th June 2015.
Compare Holiday Money are partners of the Foreign & Commonwealth Office Know Before You Go campaign which provides official government advice for British travellers heading abroad.
The FCO release travel alerts containing important information for travellers to any countries where the safety or security of British citizens is at risk.
Skiing Season equals Currency Sales Season (November 24, 2014)
We have already seen currency sales by Travelex and the Post Office on their top selling currencies such as the Euro and US Dollar and we are due to see more in the coming month. As you can imagine the... read more
AMEX Flash Sale (June 30, 2014)
American Express have just announced their first Summer Flash Sale. Running from 10am Monday 30th June through to 4pm Friday 4th July; you can get enhanced rates on Euros, US Dollars, Egyptian Pound, Croatian Kuna, Canadian Dollar and Swiss Francs read more
Flight Delay Compensation (November 1, 2013)
Regardless of whether a flight was last week, back in 2005, EU rules mean if you are delayed over three hours or your flight is cancelled, you’re often entitled to £200-£500 per person in compensation. The reason I mention this... read more
Posted by Peter Rudin-Burgess on 25th August 2015
The web is constantly changing and sites like ours need to evolve. You will probably have heard about sites that ‘lose’ their users data such as mumsnet and Ashley Madison. We have never collected p read more
Posted by AdamSilveston on 24th August 2015
If you are travelling to Italy for your holiday then you will need the Euro Currency. In order to work out how much euro spending money for Italy you will need will entirely depend on your holiday booking circu read more