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AUD/GBP - Convert Compare Save

Australian Dollar to British Pound Sterling exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

This resource page for the Australian Dollar to British Pound Sterling exchange rate, has news, forecasts and AUD to GBP comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

AUD/GBP Exchange Rates - How to Compare & Save

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for AUD/GBP International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
Foreign Transfer ProvidersReceive GBP(£)Exchange RateFee AUDTotal CostDeal Links
OFX (OzForex) logo
5,478 GBP
Best Overall
0.54780^0.8%
ANZ Bank logo
5,386.29 GBP
92 GBP
0.5396182.46%
BankSA International Money Transfers
BankSA logo
5,318.34 GBP
160 GBP
0.532920.013.69%
Bank of Melbourne International Money Transfers
Bank of Melbourne logo
5,317.81 GBP
160 GBP
0.5329213.7%
Bank of Queensland logo
5,301.05 GBP
177 GBP
0.5317304%
National Australia Bank (nab) logo
5,281.36 GBP
197 GBP
0.5293224.36%
Banks - Average Rate
National Australia Bank (nab) logo Westpac logo ANZ Bank logo Commonwealth Bank (CBA) logo St George Bank logo Bank of Queensland logo Bank of Melbourne logo BankSA logo
5,277 GBP
201 GBP
0.5287154.44%
Commonwealth Bank (CBA) logo
5,224.86 GBP
253 GBP
0.52286 5.38%
St George Bank logo
5,212.55 GBP
265 GBP
0.5223205.6%
Westpac logo
5,171.64 GBP
306 GBP
0.5182206.34%
OFX (OzForex): Foreign Transfer AUD→GBP
AUD amount:$10,000 AUD
Fee:0^ - No fees for BestExchangeRates users (normally $15 for transfers over $10K)
Exchange Rate:0.5478 (0.8% from mid-rate)
GBP amount:5,478 GBP
Total Cost:0.8%
Time:
Rate Fetched: 16:00 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
ANZ Bank: Foreign Transfer AUD→GBP
AUD amount:$10,000 AUD
Fee:18
Exchange Rate:0.5396 (2.28% from mid-rate)
GBP amount:5,386.29 GBP
Total Cost:2.46%
Difference:
92 GBP less than using OFX (OzForex)
Time:
Rate Fetched: website - Thu Aug 22 2019 13:03:04 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
BankSA: Foreign Transfer AUD→GBP
AUD amount:$10,000 AUD
Fee:20.01
Exchange Rate:0.5329 (3.5% from mid-rate)
GBP amount:5,318.34 GBP
Total Cost:3.69%
Difference:
160 GBP less than using OFX (OzForex)
Time:
Rate Fetched: website - 16:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Bank of Melbourne: Foreign Transfer AUD→GBP
AUD amount:$10,000 AUD
Fee:21
Exchange Rate:0.5329 (3.5% from mid-rate)
GBP amount:5,317.81 GBP
Total Cost:3.7%
Difference:
160 GBP less than using OFX (OzForex)
Time:
Rate Fetched: website - 16:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Bank of Queensland: Foreign Transfer AUD→GBP
AUD amount:$10,000 AUD
Fee:30
Exchange Rate:0.5317 (3.71% from mid-rate)
GBP amount:5,301.05 GBP
Total Cost:4%
Difference:
177 GBP less than using OFX (OzForex)
Time:
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
National Australia Bank (nab): Foreign Transfer AUD→GBP
AUD amount:$10,000 AUD
Fee:22
Exchange Rate:0.5293 (4.15% from mid-rate)
GBP amount:5,281.36 GBP
Total Cost:4.36%
Difference:
197 GBP less than using OFX (OzForex)
Time:
Rate Fetched: website - Thu Aug 22 2019 13:05:03 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2.1/5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer AUD→GBP
AUD amount:$10,000 AUD
Fee:15
Exchange Rate:0.5396 (2.28% from mid-rate)
GBP amount:5,277 GBP
Total Cost:4.44%
Difference:
201 GBP less than using OFX (OzForex)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Commonwealth Bank (CBA): Foreign Transfer AUD→GBP
AUD amount:$10,000 AUD
Fee:6
Exchange Rate:0.5228 (5.32% from mid-rate)
GBP amount:5,224.86 GBP
Total Cost:5.38%
Difference:
253 GBP less than using OFX (OzForex)
Time:
Rate Fetched: website - Thu Aug 22 2019 14:02:01 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1.2/5.0
Reviews:
St George Bank: Foreign Transfer AUD→GBP
AUD amount:$10,000 AUD
Fee:20
Exchange Rate:0.5223 (5.41% from mid-rate)
GBP amount:5,212.55 GBP
Total Cost:5.6%
Difference:
265 GBP less than using OFX (OzForex)
Time:
Rate Fetched: website - 16:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
Westpac: Foreign Transfer AUD→GBP
AUD amount:$10,000 AUD
Fee:20
Exchange Rate:0.5182 (6.16% from mid-rate)
GBP amount:5,171.64 GBP
Total Cost:6.34%
Difference:
306 GBP less than using OFX (OzForex)
Time:
Rate Fetched: website - Mon Apr 15 2019 01:04:04 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 
Snapshot 08/22/2019 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money ProvidersAmount GBP(£)Exchange RateFee AUDTotal CostDeal Links
Travelex Online AU logo
537.20 GBP
Best Overall
0.5372$0 BPay, Card 0.72%-1%2.72%
ANZ Bank logo
534.20 GBP
3 GBP
0.5396A$103.26%
Bank of Melbourne Foreign Currency
Bank of Melbourne logo
524.91 GBP
12 GBP
0.5329A$154.94%
BankSA Foreign Currency
BankSA logo
524.91 GBP
12 GBP
0.5329A$154.94%
Banks - Average Rate
Westpac logo ANZ Bank logo Commonwealth Bank (CBA) logo St George Bank logo National Australia Bank (nab) logo Bank of Melbourne logo BankSA logo
521.64 GBP
16 GBP
0.5281105.53%
Commonwealth Bank (CBA) logo
520.05 GBP
17 GBP
0.5253A$105.82%
National Australia Bank (nab) logo
517.47 GBP
20 GBP
0.5227106.29%
St George Bank logo
516.93 GBP
20 GBP
0.5248A$156.39%
Westpac logo
513.02 GBP
24 GBP
0.5182A$107.1%
Travelex Online AU: Travel Money AUD→GBP
AUD amount:$1,000 AUD
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:0.5372 (2.72% from mid-rate)
GBP amount:537.20 GBP
Total Cost:2.72%
Time:
Rate Fetched: Thu Aug 22 2019 14:00:04 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
ANZ Bank: Travel Money AUD→GBP
AUD amount:$1,000 AUD
Fee:A$10 AUD (1%)
Exchange Rate:0.5396 (2.28% from mid-rate)
GBP amount:534.20 GBP
Total Cost:3.26%
Time:
Rate Fetched: website - Thu Aug 22 2019 13:03:04 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 3/5.0
Reviews:
Bank of Melbourne: Travel Money AUD→GBP
AUD amount:$1,000 AUD
Fee:A$15 AUD (Minimum fee)
Exchange Rate:0.5329 (3.5% from mid-rate)
GBP amount:524.91 GBP
Total Cost:4.94%
Time:
Rate Fetched: website - 16:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
BankSA: Travel Money AUD→GBP
AUD amount:$1,000 AUD
Fee:A$15 AUD (Minimum fee)
Exchange Rate:0.5329 (3.5% from mid-rate)
GBP amount:524.91 GBP
Total Cost:4.94%
Time:
Rate Fetched: website - 16:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money AUD→GBP
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:0.5249 (4.94% from mid-rate)
GBP amount:521.64 GBP
Total Cost:5.53%
Currency Services:Branch
Delivery/Collect:-
Commonwealth Bank (CBA): Travel Money AUD→GBP
AUD amount:$1,000 AUD
Fee:A$10 AUD (1%)
Exchange Rate:0.5253 (4.87% from mid-rate)
GBP amount:520.05 GBP
Total Cost:5.82%
Time:
Rate Fetched: website - Thu Aug 22 2019 14:02:01 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
National Australia Bank (nab): Travel Money AUD→GBP
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:0.5227 (5.34% from mid-rate)
GBP amount:517.47 GBP
Total Cost:6.29%
Time:
Rate Fetched: website - 16:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2.1/5.0
Reviews:
St George Bank: Travel Money AUD→GBP
AUD amount:$1,000 AUD
Fee:A$15 AUD (Minimum fee)
Exchange Rate:0.5248 (4.96% from mid-rate)
GBP amount:516.93 GBP
Total Cost:6.39%
Time:
Rate Fetched: website - 16:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
Westpac: Travel Money AUD→GBP
AUD amount:$1,000 AUD
Fee:A$10 AUD (1%)
Exchange Rate:0.5182 (6.16% from mid-rate)
GBP amount:513.02 GBP
Total Cost:7.1%
Time:
Rate Fetched: website - Mon Apr 15 2019 01:04:04 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
 
Snapshot 08/22/2019 - See full table

AUD to GBP interbank exchange rate = 0.5514

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on AUD/GBP exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

AUD to GBP Forecasts

In 2019 the AUD/GBP rate is in a tug of war between Brexit and the US/China trade war causing much volatility for the Aussie to pound exchange rate.  Read more

AUDGBP blended flags

AUD and GBP in the Markets

When determining the best time to make a foreign exchange transaction, in this case the AUD vs GBP, you should pay attention to the recent market trends for both currencies.

 

Australian Dollar (AUD)

In early August the Australian dollar sunk to a 10 year low of 67¢ (Aug-7) to the US dollar. This was due to the offshore yuan breaking the symbolic and closely watched USD/CNY = 7.0 exchange rate, after the trade war flared up again and the US labelled China a "currency manipulator".

Investors have sold AUD in recent months as they’ve bet on aggressive interest-rate cuts by the Reserve Bank of Australia. These bets paid off: the RBA cut its cash rate in both June and July to a record low of 1 percent.

Lower borrowing costs are necessary, investors believe, in light of persistently soft domestic data and the fallout from a US-China trade standoff that shows no sign of nearing an end.

AUD will continue to track changes in interest-rate expectations. Economists expect at least one further cut this year and many expect two by early 2020. After July's cut, the RBA hinted it would leave rates unchanged for several months.

Interestingly, AUD has decoupled from commodity prices in 2019. The price of iron ore (Australia’s largest export) nears multi-year highs while AUD languishes.

Further RBA interest rate cuts this year are now a certainty, and that doesn’t bode well for currency valuations. Westpac has predicted three cuts this year.

Read more in the article AUD Forecasts.

 

British Pound Sterling (GBP)

By some margin, the pound was the worst-performing major currency in the second quarter. It slipped in late June to multi-month lows against a number of important currencies, including the Australian dollar, New Zealand dollar, euro, Canadian dollar and Swiss franc.

Pound valuations will continue to fluctuate based on No-deal, Deal and Remain probabilities. No-deal prospects may increase if, as is widely expected, ardent Brexiteer Boris Johnson becomes the UK’s next prime minister. However, some banks argue that Johnson’s appointment would make little difference to no-deal or remain probabilities.

The pound is unlikely to receive much in the way of meaningful respite until November, analysts say, when hopefully the UK-EU Brexit arrangement, or lack thereof, is known (Boris Johnson insists that the UK will not seek any further Article 50 extensions beyond the October-31 deadline).

The pound would be doing far worse if it weren't receiving some support from the Bank of England which, surprisingly, is the only major central bank still considering higher interest rates in 2019.

Read more in the article GBP Forecasts.

Why can't I just get the AUD/GBP market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the AUD / GBP was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

AUDGBP blended flags

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all AUD Exchange Rates