Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
 

Commonwealth Bank AUD to GBP Exchange Rates Compared Live

The best AUD to GBP exchange rate is 0.5156. Compare Commonwealth Bank foreign transfer and currency exchange rates, find better rates & deals.

AUD-GBP Best Exchange Rate Calculator
 

Commonwealth Bank - Comparing AUD-GBP exchange rates

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Australian dollar (AUD) to Pound Sterling (GBP) rates from different sources before making a conversion.

The above Commonwealth Bank Aussie to Sterling comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest AUD-GBP mid-rate (see below) and the possible savings of using another provider.

 

CBA FX at a glance

CBA, or Commonwealth Bank of Australia, is one of the largest and most well-known banks in Australia, offering a wide range of financial products and services to individuals, businesses, and institutions. The bank provides a range of personal banking services, including savings and transaction accounts, credit cards, personal loans, and mortgages. The bank also offers investment and retirement planning services, insurance, and wealth management services.

CBA Exchange Rates – Are you getting a good deal?

If you are a CBA customer and looking to send money overseas through an International Money Transfer (IMT) or get some travel money, you might be curious as to how the exchange rates you receive from CBA compare to other FX specialist providers.

With BER, you can easily view the exchange rate margins or markups provided by CBA for a range of different currencies. The exchange rate margin is the difference between the rate at which CBA buys and sells a particular currency. For example, at the time of writing, CBA exchange rate margins range from 4% to 8% for the different currencies.

So sending or receiving international transfers to or from your CBA account will cost an extra amount (between 4% to 8%) – this is much higher than most money transfer broker rates (which are normally 0.5 to 1.5%).

Commonwealth Bank does allow you to request a real-time FX rate request, prior to scheduling an international wire. So you can check the rate and compare to the best rates from our BER partner brokers to check for a better deal.

 
@bestfxrates : AUDGBP faces headwinds as the Aussie dollar grapples with global rate shifts & commodity slump. FX analysts see AUD range-bound (0.64-0.66) pending US rate & econ clarity. GBP wobbles post-dovish BoE, rate cut hints; gains hinge on BoE cues & data. Eyes on central banks for direction. #Forex #AUDGBP2024-03-29T00:15

Multi-Vendor Quote

We can help you get an even better deal when sending a Large International Money Transfer.

Click below for the Request Quotes form and enter your transfer details (BER account required).

Request Quotes

Save time and money - fewer websites to visit and you get a much better exchange rate & service.

 
 

AUD to GBP Market Data

Australian dollar (AUD) to Pound Sterling (GBP) market data - latest interbank exchange rate, trend, chart & historic rates.

 
1 AUD =
0.5156We compare provider deals to this wholesale mid-market rate. Read more
GBP
-0.2%
📉1W
AUD to GBP is at 7-day lows near 0.5162, just 0.6% below its 3-month average of 0.5193, having traded in a quite stable 4.8% range from 0.5120 to 0.5365
|
Sell AUD   â†’   Buy GBP
My Rates

Manage My Rates   


DateAUD/GBPChangePeriod
14 Mar 2024
0.5162
no change2 Week
29 Dec 2023
0.5350
3.5% â–¼3 Month
29 Mar 2023
0.5427
4.9% â–¼1 Year
30 Mar 2019
0.5442
5.1% â–¼5 Year
31 Mar 2014
0.5563
7.2% â–¼10 Year
02 Apr 2004
0.4142
24.6% â–²20 Year
AUD/GBP historic rates & change to 28-Mar-2024
 

What are equivalent amounts of AUD and GBP?

Here are some popular conversion amounts for AUD to GBP (Australian dollar to Pound Sterling)*.

AUD GBP
A$ 1 £ 0.5156
A$ 5 £ 2.5780
A$ 10 £ 5.1560
A$ 20 £ 10.31
A$ 50 £ 25.78
A$ 100 £ 51.56
A$ 250 £ 128.90
A$ 500 £ 257.80
A$ 1,000 £ 515.60
A$ 2,000 £ 1,031
A$ 5,000 £ 2,578
A$ 10,000 £ 5,156
A$ 20,000 £ 10,312
A$ 50,000 £ 25,780
A$ 100,000 £ 51,560
AUD GBP
A$ 1.9395 £ 1
A$ 9.6975 £ 5
A$ 19.40 £ 10
A$ 38.79 £ 20
A$ 96.98 £ 50
A$ 193.95 £ 100
A$ 484.88 £ 250
A$ 969.75 £ 500
A$ 1,940 £ 1,000
A$ 3,879 £ 2,000
A$ 9,698 £ 5,000
A$ 19,395 £ 10,000
A$ 38,790 £ 20,000
A$ 96,975 £ 50,000
A$ 193,950 £ 100,000

More amounts

*Converted at the current AUDGBP interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for AUD to GBP

 

The recent forecasts and market updates for the AUD to GBP exchange rate paint a mixed picture for the Australian dollar (AUD) and the British pound (GBP). The Australian dollar has faced challenges stemming from global rate expectations, lower commodity prices, and uncertain economic outlook, resulting in a struggle for the currency through February. Analysts highlight that the AUD may continue to face pressure and hover within a range of 0.64 to 0.66 against the GBP until there is clearer guidance on US rate cuts and global economic conditions.

Read our full review of recent AUD to GBP forecasts.

 

How to get a good AUD to GBP exchange rate

There are several ways to save on exchange rates when converting Australian dollar to Pound Sterling:

  1. Shop around for the best AUD/GBP exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
  2. Timing is important: Keep an eye on the AUD/GBP rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
  3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
  4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both AUD and GBP at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
  5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Pound Sterling with Australian dollar, then it's better for the AUD/GBP exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

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.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

Will the Australian dollar rise against the Pound Sterling?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add AUD/GBP to your personalised Rate Tracker to track and benefit from currency movements.

 
Track Rate
 

Manage My Rates   

 

Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


 

Read our Currency guide to the United Kingdom - a practical currency and money guide to travel, living and doing business in the United Kingdom with the Pound Sterling.

 
 
 

Currency Country Guides

United KingdomUnited Kingdom (GBP)AustraliaAustralia (AUD)GuernseyGuernsey (GBP)
Isle of ManIsle of Man (GBP)JerseyJersey (GBP)South Georgia and South Sandwich IslandsSouth Georgia and South Sandwich Islands (GBP)
 

How is the expat life in the UK?

Expat life in the UK can be a positive experience, as the country is known for its rich history, culture, and diverse society. It also offers a high standard of living and a strong economy. However, as with any move to a new country, there can be challenges to overcome.

One of the biggest challenges for expats in the UK is the weather, as it can be unpredictable and quite damp, especially in the winter. Additionally, the cost of living in the UK, particularly in the larger cities such as London, can be high.

Read more at our United Kingdom (GBP) country guide

   
 
 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

^ Scroll back up to ^

^