GBP CAD Exchange Rate
The British Pound (GBP, "Sterling", "Cable") is the 4th most traded currency in the world. The issuer is the Bank of England.
- Is characterized by a relatively high value against other major currencies
- Is often used as a reserve currency
The Canadian dollar (CAD, “Loonie”) is the 7th most traded currency in the world. The issuer is the Bank of Canada.
- Is affected by its neighbor country, USA economy.
- Refers to "commodity" currencies, as the economy of Canada depends on commodity export (particularly, energy, wood and oil
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