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Best Exchange Rates

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Compare AUD to GBP foreign transfers

Use our comparison table to find the best exchange rates for British Pound Sterling foreign transfers versus the Banks.

When you are thinking about sending money abroad, an international money transfer provider is a great option. They can help you with the whole process, provide useful online tools and most importantly bank-beating exchange rates and low or zero fees.

 
 

Compare Best Exchange Rates for:

   
$AUD
£GBP

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Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Foreign Transfer Providers
Ratings & Reviews
Receive GBP(£)Exchange RateFee AUDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
TorFX logo
5,284 GBP
Best Overall
0.528401.4%Bank Transfers - Online & Phone1-2 days
 
OFX (OzForex) logo
5,289 GBP
5 GBP
0.52890^1.31%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
 
ANZ Bank logo
5,213.6 GBP
70 GBP
0.5223182.71%Online, Branch, Bank Transfers2-3 days
 
Westpac logo
5,171.64 GBP
112 GBP
0.5182203.5%Online, Branch, Bank Transfers2-3 days
BankSA International Money Transfers
BankSA logo
5,160.65 GBP
123 GBP
0.517120.013.7%Online, Branch, Bank Transfers2-3 days
Bank of Melbourne International Money Transfers
Bank of Melbourne logo
5,160.14 GBP
124 GBP
0.5171213.71%Online, Branch, Bank Transfers2-3 days
 
National Australia Bank (nab) logo
5,148.65 GBP
135 GBP
0.516223.93%Online, Branch, Bank Transfers2-3 days
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
5,146 GBP
138 GBP
0.5156153.98%Online, Branch, Bank Transfers2-3 days
 
Bank of Queensland logo
5,144.52 GBP
139 GBP
0.516304%Online, Branch, Bank Transfers2-3 days
 
Commonwealth Bank (CBA) logo
5,089.94 GBP
194 GBP
0.50936 5.02%Online, Branch, Bank Transfers2-3 days
 
St George Bank logo
5,077.82 GBP
206 GBP
0.5088205.25%Online, Branch, Bank Transfers2-3 days
TorFX: Foreign Transfer AUD→GBP
AUD amount:$10,000 AUD
Fee:0
Exchange Rate:0.5284 (1.4% from mid-rate)
GBP amount:5,284 GBP
Total Cost:1.4%
Time:6:05 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
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:0.5289 (1.31% from mid-rate)
GBP amount:5,289 GBP
Total Cost:1.31%
Difference:
5 GBP more than using TorFX
Time:
Rate Fetched: Sat Mar 23 2019 06:00:11 GMT+0000 (UTC)
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:0.5223 (2.54% from mid-rate)
GBP amount:5,213.6 GBP
Total Cost:2.71%
Difference:
70 GBP less than using TorFX
Time:
Rate Fetched: website - Sat Mar 23 2019 05:03:05 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
Westpac: Foreign Transfer AUD→GBP
AUD amount:$10,000 AUD
Fee:20
Exchange Rate:0.5182 (3.3% from mid-rate)
GBP amount:5,171.64 GBP
Total Cost:3.5%
Difference:
112 GBP less than using TorFX
Time:
Rate Fetched: website - Sat Mar 23 2019 05:04:05 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
BankSA: Foreign Transfer AUD→GBP
AUD amount:$10,000 AUD
Fee:20.01
Exchange Rate:0.5171 (3.51% from mid-rate)
GBP amount:5,160.65 GBP
Total Cost:3.7%
Difference:
123 GBP less than using TorFX
Time:
Rate Fetched: website - 6:05 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:0.5171 (3.51% from mid-rate)
GBP amount:5,160.14 GBP
Total Cost:3.71%
Difference:
124 GBP less than using TorFX
Time:
Rate Fetched: website - 6:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
National Australia Bank (nab): Foreign Transfer AUD→GBP
AUD amount:$10,000 AUD
Fee:22
Exchange Rate:0.5160 (3.71% from mid-rate)
GBP amount:5,148.65 GBP
Total Cost:3.93%
Difference:
135 GBP less than using TorFX
Time:
Rate Fetched: website - Sat Mar 23 2019 05:05:02 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:0.5244 (2.15% from mid-rate)
GBP amount:5,146 GBP
Total Cost:3.98%
Difference:
138 GBP less than using TorFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Bank of Queensland: Foreign Transfer AUD→GBP
AUD amount:$10,000 AUD
Fee:30
Exchange Rate:0.5160 (3.71% from mid-rate)
GBP amount:5,144.52 GBP
Total Cost:4%
Difference:
139 GBP less than using TorFX
Time:
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
Commonwealth Bank (CBA): Foreign Transfer AUD→GBP
AUD amount:$10,000 AUD
Fee:6
Exchange Rate:0.5093 (4.96% from mid-rate)
GBP amount:5,089.94 GBP
Total Cost:5.02%
Difference:
194 GBP less than using TorFX
Time:
Rate Fetched: website - Sat Mar 23 2019 06:02:01 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:0.5088 (5.06% from mid-rate)
GBP amount:5,077.82 GBP
Total Cost:5.25%
Difference:
206 GBP less than using TorFX
Time:
Rate Fetched: website - 6:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
3 Month Chart
Loading AUDUSD rates

This is a chart showing the change in the AUD-GBP mid-market exchange rate over the last week. The Total Cost of each foreign transfer in the above table is calculated as the sum of all fees and the exchange rate margin, which is the difference between the provider's exchange rate and the mid-market AUD-GBP exchange rate.

Currency news 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 must always be quoted in comparison to a second 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

Following a flash crash in early January, which saw the Australian dollar briefly trade at a 10-year low of $0.674, the Aussie recovered to $0.73, but then, as it had done before the flash crash, it commenced with a slow and steady decline, and it was back at $0.705 in mid-March and was predicted to fall further.

In February, HSBC predicted a year-end AUD/USD rate of $0.66. In March, Westpac and JP Morgan were slightly more upbeat and argued for $0.68.

Fuelling lower exchange rate forecasts is the Australian economic story, for which major themes include a housing market slump, Chinese growth and the US-China trade spat. The RBA slashed growth forecasts in February and markets are now pricing in 1-2 interest rate cuts this year.

Another Aussie exchange rate worth mentioning is AUD/GBP, which sank in mid-March to its lowest level in nearly 3 years, at just £0.53. The Australian dollar has been unable to compete with the pound of late, since the latter benefits every time the British government fails to make a decision on how to deliver Brexit (every time Brexit appears less likely or to be delayed).

British Pound Sterling (GBP) - Market news and forecasts

The Brexit debacle continues, as does above-average volatility in the British pound. Until now, the UK government’s inability to make any decisions has been to sterling’s advantage, since this casts doubt on the delivery of Brexit and/or makes a softer Brexit more likely.

Sterling’s uptrend is evident from recent peaks against the dollar, coming in at $1.322 on January-25, at $1.335 on February-27, and at $1.338 on March-13. Sterling had been as low as $1.237 in early January. It was at $1.32 at the time of this report.

Increasing the risk of a no-deal Brexit (potentially very bad for sterling) was the statement made on March-20 by EU Council President Donald Tusk, who said that the EU would agree to the Article 50 extension sought by the UK government only if British MPs first backed the current withdrawal agreement—the one that had twice been defeated by large parliamentary majorities.

Pound forecasts are futile given uncertainties over Brexit but estimates can be made for different outcomes. Currency analysts at HSBC said in February that sterling would be valued at levels near $1.10 in the event of no-deal, near $1.45 with a deal and at $1.55 if Brexit is cancelled.