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  1. Exchange Rates
  2. Australian dollar (AUD)
  3. British pound sterling (GBP)

Convert AUD to GBP at Best Exchange Rates

1 Australian dollar equals
British pound sterling 1AUD=GBP

There are three simple steps you need to take in order to get a good AUD-GBP exchange rate:

  1. Know the latest AUD to GBP market mid-rate shown above - this is your starting point!
  2. Compare your Bank's exchange rates to several licensed FX providers, remember to compare both the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the Australian dollar and British pound sterling currencies, if available.

1. Market AUD/GBP mid-rate

Right now the AUD/GBP market rate is and represents how many British pound sterling you can get for one Australian dollar.

Calculate equivalent currency amounts with this AUD to GBP currency converter then select the transaction type to compare the best exchange rates available.


Currency Converter AUD to GBP

$
£
1 AUD equals
GBP 1AUD=GBP

See how much you can save on exchange rates for :

Foreign Transfers    Travel Money

Get fee-free global money transfers with our partner OFX
1 Week AUD/GBP Chart
AUD-GBP 1 Week chart

Australian dollar to British pound sterling (AUD-GBP) - 10 Year History

DateExchange RatePeriodChange
18 Jun 20180.5598Latest
11 Jun 20180.56871 Week-1.56%
19 May 20180.55771 Month+0.38%
20 Dec 20170.57386 Months-2.44%
18 Jun 20170.59651 Year-6.15%
18 Jun 20160.51512 Years+8.68%
19 Jun 20130.60145 Years-6.92%
20 Jun 20080.482810 Years+15.95%

The AUD/GBP mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the AUD / GBP was traded (bought or sold) in the international markets.

The closer your final exchange rate is to the market / midrate the better deal you are getting.

2. Transaction Costs - Margins and Fees for AUD/GBP Foreign Exchange

The transaction margin from the mid-rate you will be charged by your bank or foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.

AUD to GBP Foreign Transfer - Costs Compared

You can see a sample of the margins from mid-rate in the table below which shows an example of the costs charged by FX specialist and the average bank rate when sending money transfers from AUD to GBP.

Sending a LARGER international money transfer? Request a Free Multi-Vendor Quote

Compare Foreign Transfers

Sending AUD 10,000 to GBP

OFX logo OFX
1AUD=0.5548GBP
£5548.00 GBP (0.8%)
Book & track your foreign transfers online (24/7) with industry best rates for all your deals - not just the first one! Lock in exchange rates with Spot & Forward Deals. BestExchangeRates users get the transfer fees waived.
Price Details
Receive: £5548.00 GBP
Exchange Rate: 0.5548
(Inverse 1GBP=AUD 1.8025)
Fees: AUD 0
Total Cost : 0.8% (from mid-rate: 0.5593)
This is the amount of money that could be received by your transfer at rate AUD/GBP=0.5548 and inclusive of the fee of AUD 0.
Rate timestamp : Tue Jun 19 2018 14:00:13 GMT+0000 (UTC)
ANZ Bank logo ANZ Bank
1AUD=0.538GBP
£5370.32 GBP (3.98%)
Rate available to ANZ Online Banking customers only. Fee for transfers via ANZ Internet Banking is $18 (or $12 if the transfer is over $AUD10,000) in ANZ Foreign Exchange Centre or via ANZ Phone Banking fee is $32.
Price Details
Receive: £5370.32 GBP
Exchange Rate: 0.5380
(Inverse 1GBP=AUD 1.8587)
Fees: AUD 18
Total Cost : 3.98% (from mid-rate: 0.5593)
Receive GBP £178 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate AUD/GBP=0.538 and inclusive of the fee of AUD 18.
Rate timestamp : Tue Jun 19 2018 14:03:04 GMT+0000 (UTC)
Bank of Queensland logo Bank of Queensland
1AUD=0.5385GBP
£5368.85 GBP (4.01%)
Rate available to Bank of Queensland Online Banking customers only.
Price Details
Receive: £5368.85 GBP
Exchange Rate: 0.5385
(Inverse 1GBP=AUD 1.8570)
Fees: AUD 30
Total Cost : 4.01% (from mid-rate: 0.5593)
Receive GBP £179 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate AUD/GBP=0.5385 and inclusive of the fee of AUD 30.
Bank Rates - Average
ANZ Bank logo  Commonwealth Bank logo  St George Bank logo  Westpac logo  Bank of Queensland logo  NAB logo  Bank of Melbourne logo  BankSA logo 
1AUD=0.5319GBP
£5308.05 GBP (5.09%)
This is the average AUD to GBP International Transfer exchange rate and fees from multiple banks for FX rates available over the counter and also via Internet Banking.

 
Price Details
Receive: £5308.05 GBP
Exchange Rate: 0.5498
(Inverse 1GBP=AUD 1.8188)
Fees: AUD 15
Total Cost : 5.09% (from mid-rate: 0.5593)
Receive GBP £240 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate AUD/GBP=0.5319 and inclusive of the fee of AUD 15.
Commonwealth Bank logo Commonwealth Bank
1AUD=0.5305GBP
£5301.82 GBP (5.21%)
Rate available to Commonwealth Bank Online Banking customers only.
Price Details
Receive: £5301.82 GBP
Exchange Rate: 0.5305
(Inverse 1GBP=AUD 1.8850)
Fees: AUD 6
Total Cost : 5.21% (from mid-rate: 0.5593)
Receive GBP £246 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate AUD/GBP=0.5305 and inclusive of the fee of AUD 6 .
Rate timestamp : Tue Jun 19 2018 14:02:02 GMT+0000 (UTC)
Westpac logo Westpac
1AUD=0.5304GBP
£5293.39 GBP (5.36%)
Rate available to Westpac Online Banking customers only.
Price Details
Receive: £5293.39 GBP
Exchange Rate: 0.5304
(Inverse 1GBP=AUD 1.8854)
Fees: AUD 20
Total Cost : 5.36% (from mid-rate: 0.5593)
Receive GBP £255 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate AUD/GBP=0.5304 and inclusive of the fee of AUD 20.
NAB logo NAB
1AUD=0.5304GBP
£5292.33 GBP (5.38%)
Rate available to National Australia Bank online banking customers only.
Price Details
Receive: £5292.33 GBP
Exchange Rate: 0.5304
(Inverse 1GBP=AUD 1.8854)
Fees: AUD 22
Total Cost : 5.38% (from mid-rate: 0.5593)
Receive GBP £256 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate AUD/GBP=0.5304 and inclusive of the fee of AUD 22.
St George Bank logo St George Bank
1AUD=0.53GBP
£5289.40 GBP (5.43%)
Rate available to St George Bank Online Banking customers only.
Price Details
Receive: £5289.40 GBP
Exchange Rate: 0.5300
(Inverse 1GBP=AUD 1.8868)
Fees: AUD 20
Total Cost : 5.43% (from mid-rate: 0.5593)
Receive GBP £259 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate AUD/GBP=0.53 and inclusive of the fee of AUD 20.
BankSA logo BankSA
1AUD=0.5285GBP
£5274.42 GBP (5.7%)
Rate available to BankSA Online Banking customers only.
 
Price Details
Receive: £5274.42 GBP
Exchange Rate: 0.5285
(Inverse 1GBP=AUD 1.8921)
Fees: AUD 20.01
Total Cost : 5.7% (from mid-rate: 0.5593)
Receive GBP £274 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate AUD/GBP=0.5285 and inclusive of the fee of AUD 20.01.
Bank of Melbourne logo Bank of Melbourne
1AUD=0.5285GBP
£5273.90 GBP (5.71%)
Rate available to Bank of Melbourne Online Banking customers only.
 
Price Details
Receive: £5273.90 GBP
Exchange Rate: 0.5285
(Inverse 1GBP=AUD 1.8921)
Fees: AUD 21
Total Cost : 5.71% (from mid-rate: 0.5593)
Receive GBP £274 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate AUD/GBP=0.5285 and inclusive of the fee of AUD 21.

Travel Money AUD to GBP - Costs Compared

The below table shows an example of the margins and possible savings when you order travel money online with a currency specialist versus the average bank, kiosk or post office rate to buy foreign cash.

Travel Money Exchange Rates Compared

Buying GBP Cash with AUD 2,000

Travelex Online logo Travelex Online
1AUD=0.5377GBP
£1075.40 GBP (3.86%)
Click here to order Travel Money and the Pre-paid Cash Passport with $0 commission and great exchange rates only available online. Home delivery or pickup your cash at your local Travelex store, Post Office, HSBC branch or conveniently at the airport on departure day.
* Orders paid for via BPAY incur no additional fees. Card (debit or credit) will incur a card surcharge; MasterCard (debit) 0.77%, MasterCard (credit) 0.94%, Visa (debit) 0.72% and Visa (credit) 1%. In addition, for Credit Card purchases, your card issuer may charge a separate cash advance fee. For Australia post collection and home delivery orders under $AUD1,000 a $10 collection fee applies.
Price Details
Receive: £1075.40 GBP
Exchange Rate: 0.5377
(Inverse 1GBP=AUD 1.8598)
Fees: 0
Total Cost : 3.86% (from mid-rate: 0.5593)
Amount of money that could be received by your currency exchange at rate AUD/GBP=0.5377 and inclusive of the fee of 0.
Rate timestamp : Tue Jun 19 2018 14:00:04 GMT+0000 (UTC)
ANZ Bank logo ANZ Bank
1AUD=0.538GBP
£1065.24 GBP (4.77%)
Foreign currency cash is charged at 1% of the AUD equivalent value for each currency purchased, with a minimum charge of AUD 8 per currency.
Price Details
Receive: £1065.24 GBP
Exchange Rate: 0.5380
(Inverse 1GBP=AUD 1.8587)
Fees: AUD 20 (1%)
Total Cost : 4.77% (from mid-rate: 0.5593)
Receive GBP £10 less than with  Travelex Online logo Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/GBP=0.538 and inclusive of the fee of AUD 20 (1%).
Rate timestamp : Tue Jun 19 2018 14:03:04 GMT+0000 (UTC)
NAB logo NAB
1AUD=0.5262GBP
£1047.14 GBP (6.39%)
The NAB in-branch travel money service is provided by Travelex.
Price Details
Receive: £1047.14 GBP
Exchange Rate: 0.5262
(Inverse 1GBP=AUD 1.9004)
Fees: AUD 10
Total Cost : 6.39% (from mid-rate: 0.5593)
Receive GBP £28 less than with  Travelex Online logo Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/GBP=0.5262 and inclusive of the fee of AUD 10.
Commonwealth Bank logo Commonwealth Bank
1AUD=0.5323GBP
£1053.95 GBP (5.78%)
Price Details
Receive: £1053.95 GBP
Exchange Rate: 0.5323
(Inverse 1GBP=AUD 1.8786)
Fees: AUD 20 (1%)
Total Cost : 5.78% (from mid-rate: 0.5593)
Receive GBP £21 less than with  Travelex Online logo Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/GBP=0.5323 and inclusive of the fee of AUD 20 (1%).
Rate timestamp : Tue Jun 19 2018 14:02:02 GMT+0000 (UTC)
Westpac logo Westpac
1AUD=0.5322GBP
£1053.76 GBP (5.8%)
Price Details
Receive: £1053.76 GBP
Exchange Rate: 0.5322
(Inverse 1GBP=AUD 1.8790)
Fees: AUD 20 (1%)
Total Cost : 5.8% (from mid-rate: 0.5593)
Receive GBP £22 less than with  Travelex Online logo Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/GBP=0.5322 and inclusive of the fee of AUD 20 (1%).
St George Bank logo St George Bank
1AUD=0.5318GBP
£1052.96 GBP (5.87%)
Price Details
Receive: £1052.96 GBP
Exchange Rate: 0.5318
(Inverse 1GBP=AUD 1.8804)
Fees: AUD 20 (1%)
Total Cost : 5.87% (from mid-rate: 0.5593)
Receive GBP £22 less than with  Travelex Online logo Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/GBP=0.5318 and inclusive of the fee of AUD 20 (1%).
Bank of Melbourne logo Bank of Melbourne
1AUD=0.5285GBP
£1046.43 GBP (6.45%)
Please check with the BOM in-branch travel money service for their latest rates.
 
Price Details
Receive: £1046.43 GBP
Exchange Rate: 0.5285
(Inverse 1GBP=AUD 1.8921)
Fees: AUD 20 (1%)
Total Cost : 6.45% (from mid-rate: 0.5593)
Receive GBP £29 less than with  Travelex Online logo Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/GBP=0.5285 and inclusive of the fee of AUD 20 (1%).
BankSA logo BankSA
1AUD=0.5285GBP
£1046.43 GBP (6.45%)
 
Price Details
Receive: £1046.43 GBP
Exchange Rate: 0.5285
(Inverse 1GBP=AUD 1.8921)
Fees: AUD 20 (1%)
Total Cost : 6.45% (from mid-rate: 0.5593)
Receive GBP £29 less than with  Travelex Online logo Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/GBP=0.5285 and inclusive of the fee of AUD 20 (1%).
Bank Rates - Average
ANZ Bank logo  Commonwealth Bank logo  St George Bank logo  Westpac logo  NAB logo  Bank of Melbourne logo  BankSA logo 
1AUD=0.5311GBP
£1052.27 GBP (5.93%)
This is the average AUD to GBP Buy Foreign Cash exchange rate from multiple banks, exchange kiosks and post-offices, available over the counter and via the internet.

 
Price Details
Receive: £1052.27 GBP
Exchange Rate: 0.5284
(Inverse 1GBP=AUD 1.8925)
Fees: AUD 10
Total Cost : 5.93% (from mid-rate: 0.5593)
Receive GBP £23 less than with  Travelex Online logo Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/GBP=0.5311 and inclusive of the fee of AUD 10.

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 comparison calculators make shopping around easy and help you calculate how much you can save.

Why can't I just get the same AUD/GBP market rate I see on Google or in the Media?

When you look up the current Australian dollar to British pound sterling exchange rate on the web the figure you find quoted on sites like google or mentioned on TV is commonly referred to as the mid-market rate.

AUD to GBP mid-rate on google

AUD to GBP mid-rate on google search

Getting a great AUD to GBP mid-market rate is all about timing, so unless you are able to wait, watch and time the market this is largely beyond your control. This rate will go up and down with varying amounts of volatility depending on the currency pair.

This mid-market rate is really only a reference and is just the starting point for calculating the actual rate you will get for your transaction, luckily we can also use this same rate to determine how good a deal a rate that a provider offers you actually is.

You can use our AUD to GBP currency converter to calculate equivalent amounts in each currency using the latest mid-market exchange rates. Then choose your transaction type for specific Australian dollar cross rates and reviews of leading foreign exchange providers versus the Banks.


3. Currency News, Research and Forecasts for Australian dollar and British pound sterling

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency is always determined quoted in comparison to another currency.

So it follows that if you are determining the best time to transact, in this case the AUD vs GBP, you should pay attention to both Australian dollar and British pound sterling news and forecasts.

Australian dollar (AUD) - Market news and forecasts

The Australian dollar could slump more than 10 percent against the US dollar into the "mid-60 cents" region within twelve months, said a senior money manager in June. Given RBA Governor Philip Lowe’s insistence that “there is no strong case for a near-term adjustment in monetary policy,” there is little incentive for investors to hold AUD instead of USD (which will benefit from future Fed hikes), the money manager believes.

A fall to 65 US cents (at 74.4 cents in mid-June ’18) would take AUD back to financial crisis levels last seen in early 2009.

Also pessimistic on the Australian dollar are Westpac and ANZ. Westpac have forecast AUD at 72 US cents in mid-2019 and ANZ have advised clients to “sell the [AUD] rallies.”

Technically, the outlook for AUD/USD remains poor. Longer-term charts show AUD/USD breaking from an upwards trend channel and meaningful psychological support won't be in play until the 70 cents handle.

Against the New Zealand dollar, AUD fell 2 percent in the weeks leading up to this report to N$1.072; however, a bird’s eye view shows AUD/NZD drifting sideways for the past 3 ½ years.

British pound sterling (GBP) - Market news and forecasts

The pound will buy 1.41 dollars in the second half of 2019, according to the median estimate of 50 FX analysts polled by Reuters in June – a rate 5 percent higher than those at the time of writing (June 8th) near 1.34 dollars.

If the forecast proves accurate, this would mean that by the time Britain leaves the European Union next March, it will have recouped most of its post-Brexit losses. Britain’s currency averaged 1.45 dollars in the six-months leading up to the EU referendum in June 2016.

Results from the Reuters poll suggest that most analysts expect Britain to achieve a good divorce deal with the EU.

However, expectations are lower than they once were. In April, when a rate hike by the Bank of England seemed imminent, the twelve-month median forecast of analysts stood at 1.44. Expectations for a rate hike were shattered (now expected in August) after BoE Governor Mark Carney gave dovish remarks to the BBC and after a string of disappointing economic data, including quarterly UK economic growth at just 0.1 percent – a five-year low.

Against the euro, sterling was little changed between September ‘17 and June ’18 (it was marginally higher), at levels close to 1.14 euros.


Best Exchange Rates - Compare & Save

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