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GBP to AUD - Exchange Rates Guide

Pound Sterling to Australian Dollar exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
 

GBP/AUD exchange rate (wholesale):

1 GBP = 1.8162 AUD

Sell GBP / Buy AUD 

 
GBP to AUD chart and trends
ALERT:14-DAY HIGHS |
GBP/AUD at 1.8166 was trading 3.7% below AVG:1.886 with LO:1.7911 and HI:2.0468 (90 days). ALERT: GBP/AUD rose to 14-DAY HIGHS.

Pound Sterling to Australian Dollar - Quick Conversions

GBP AUD
£ 1 A$ 1.8162
£ 5 A$ 9.0810
£ 10 A$ 18.16
£ 20 A$ 36.32
£ 50 A$ 90.81
£ 100 A$ 181.62
£ 250 A$ 454.05
£ 500 A$ 908.10
£ 1,000 A$ 1,816
£ 2,000 A$ 3,632
£ 5,000 A$ 9,081
£ 10,000 A$ 18,162
£ 50,000 A$ 90,810
£ 100,000 A$ 181,620
More amounts
GBP AUD
£ 0.5506 A$ 1
£ 2.7530 A$ 5
£ 5.5060 A$ 10
£ 11.01 A$ 20
£ 27.53 A$ 50
£ 55.06 A$ 100
£ 137.65 A$ 250
£ 275.30 A$ 500
£ 550.60 A$ 1,000
£ 1,101 A$ 2,000
£ 2,753 A$ 5,000
£ 5,506 A$ 10,000
£ 27,530 A$ 50,000
£ 55,060 A$ 100,000
More amounts

To calculate other GBP/AUD amounts try our home-page Convert GBP to AUD quick converter.


Comparing Retail Exchange Rates

The total cost for 'Retail' exchange rates you receive from your bank or foreign exchange provider consists of the margin from the 'Wholesale' rate (interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the exchange rate margin will also vary depending on the currency pair and total amount.

 
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Australian Dollar (AUD) Country Guides

AustraliaAustralia (AUD)Christmas IslandChristmas Island (AUD)Cocos Keeling IslandsCocos Keeling Islands (AUD)
Heard and McDonald IslandsHeard and McDonald Islands (AUD)KiribatiKiribati (AUD)NauruNauru (AUD)
Norfolk IslandNorfolk Island (AUD)TuvaluTuvalu (AUD)

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Pound Sterling and Australian Dollar Forecasts

The success or failure of post Brexit negotations will dominate GBP trends and forecasts in 2020.  Read GBP to AUD Forecast

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

Pound Sterling (GBP)

GBP will rise to 1.25 against the euro according to Standard Bank. The coronavirus pandemic has replaced Brexit in the headlines and means that the deadline for a trade deal with the Eurozone this year could either be pushed back, delaying a risk for the currency, or see more favorable terms given to the U.K.

This is a remarkable change of fortunes for GBP which was sold-off after the Brexit vote and again after the virus forced a lockdown in London, the world’s largest foreign-exchange centre. Against the dollar, sterling touched the lowest level in 35 years in March as traders sought the safety of the USD.

Read more in the article GBP Forecasts.

 

Australian Dollar (AUD)

Westpac have raised their forecast for the Aussie dollar to US 72 cents by the end of 2020 (from US 68 cents) and rising to US 76 cents in 2021.

In the second quarter of 2020 AUD staged a rapid recovery through the months of April, May and into June up 25% from its mid-March lows to US70c in early June. This is due more to the perceived benefits to Australia of an awakening post-pandemic Chinese economy than the political-social situtation in the US dpressing the USD.

The Aussie had been savaged in March sliding to US55 cents the lowest since 2003. Growing fears of the coronavirus outbreak moved the market into safer currencies such as the USD and away from AUD, NZD and CAD.

The virus was a double blow to the Aussie after the earlier threat of proxy war between the US and Iran in Iraq had also pared back some of the gains the Aussie had made coming into the New Year.

The Australian dollar had started the new decade strongly climbing to multi-month highs helped along by cooling trade tensions between the United States and China and optimism for global economic growth in the year ahead.

The Aussie broke back over US70 cents on the final day of 2019 — a level not seen since mid year. During December the Australian dollar reversed direction (again) and climbed steadily back up against the US dollar on the back of the strength of the housing market and a market perception that further interest rate cuts were less likely.

Read more in the article AUD Forecasts.

How to get Best GBP to AUD Exchange Rates

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).

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.

 

What is a good GBP to AUD exchange rate?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Pound Sterling vs Australian Dollar current value is to look the GBP/AUD historic rate and change over a range of periods.

The following table looks at the change in the GBP to AUD exchange rate over periods from the previous week back to the last 10 years.

GBP/AUD rateChangePeriod
03 Jul 2020 : 1.79741.1% ▲1 Week
10 Jun 2020 : 1.82430.4% ▼30 Days
11 Apr 2020 : 1.96057.3% ▼90 Days
11 Jul 2019 : 1.79591.2% ▲1 Year
12 Jul 2015 : 2.086913% ▼5 Years
13 Jul 2010 : 1.72125.5% ▲10 Years
GBP/AUD 10 year historic rates & changes to 10-Jul-2020 : 1.8166
 

When is the best time to exchange GBP to AUD?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup BER.me FX Alerts