Best Exchange Rates
Best Exchange Rates

Select country/currency of money to exchange...

Full country list (A-Z)

GBP to AUD

British Pound Sterling to Australian Dollar - Calculate Compare Save

GBP to AUD mid-rate = 1.8411

Right now the GBP/AUD market mid-rate is 1.8411 and represents ideally how many Australian Dollar you can get for one British Pound Sterling.

You can calculate equivalent British Pound Sterling to Australian Dollar currency amounts (at mid-rate) below. Then select the transaction type to compare the best exchange rates available for GBP to AUD transfers or buying AUD travel money.

 

Currency Converter GBP to AUD


£GBP


$AUD
1 British Pound Sterling equals
1.8411 Australian Dollar
1AUD= 0.5432 GBP

Compare how much you can save on exchange rates for:

Foreign Transfers    Travel Cash/Cards

Get fee-free global transfers with partner OFX


3 Month GBP/AUD Chart
GBP-AUD 3 Month chart

British Pound Sterling

Australian Dollar

1 GBP 1.8411 AUD
5 GBP 9.2055 AUD
10 GBP 18.41 AUD
20 GBP 36.82 AUD
50 GBP 92.06 AUD
100 GBP 184.11 AUD
250 GBP 460.28 AUD
500 GBP 920.55 AUD
1,000 GBP 1,841.10 AUD
2,000 GBP 3,682.20 AUD
5,000 GBP 9,205.50 AUD
10,000 GBP 18,411.00 AUD
50,000 GBP 92,055.00 AUD

British Pound Sterling

Australian Dollar

0.5432 GBP 1 AUD
2.7160 GBP 5 AUD
5.4320 GBP 10 AUD
10.86 GBP 20 AUD
27.16 GBP 50 AUD
54.32 GBP 100 AUD
135.80 GBP 250 AUD
271.60 GBP 500 AUD
543.20 GBP 1,000 AUD
1,086.40 GBP 2,000 AUD
2,716.00 GBP 5,000 AUD
5,432.00 GBP 10,000 AUD
27,160.00 GBP 50,000 AUD

AUD Country Guides
AustraliaAustraliaChristmas IslandChristmas IslandCocos Keeling IslandsCocos Keeling Islands
Heard And McDonald IslandsHeard And McDonald IslandsKiribatiKiribatiNauruNauru
Norfolk IslandNorfolk IslandTuvaluTuvalu

British Pound Sterling to Australian Dollar (GBP-AUD) - 10 Year History

The below table shows the historic variation in the GBP/AUD exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour.

DateExchange RatePeriodChange
14 Oct 20181.8490Latest
07 Oct 20181.86071 Week-0.63%
14 Sep 20181.82731 Month+1.19%
17 Apr 20181.84066 Months+0.46%
14 Oct 20171.68401 Year+9.8%
14 Oct 20161.59992 Years+15.57%
15 Oct 20131.67845 Years+10.16%
16 Oct 20082.554010 Years-27.6%

The three things you need in order to get a good GBP to AUD exchange rate

  1. Know the latest GBP/AUD market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare 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 and currencies, if available.

Transaction Costs - Margins and Fees for GBP/AUD Transfers and Currency 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.

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 GBP to AUD.

Compare Foreign Transfers vs the Banks

Send GBP £5,000 → Receive AUD

ProviderReceive Amount AUDExchange RateCostReviewsLinks to Offers
OFX logoOFX
$9136.50 AUD1.82730.76%
 
HSBC logoHSBC
$8944.56 AUD1.79162.85%
Natwest Bank logoNatwest Bank
$8894.74 AUD1.78433.39%
 
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo HSBC logo
$8854.68 AUD1.77623.82%
Citibank logoCitibank
$8854.20 AUD1.77513.83%
Santander logoSantander
$8803.64 AUD1.76784.38%
 
Lloyds TSB logoLloyds TSB
$8776.25 AUD1.76234.67%
 
 
OFX: rate, rating & reviews
From amount:£5,000 GBP
To amount:$9136.50 AUD
Exchange Rate:1.8273
Total Cost:0.76% (against GBP/AUD mid-rate: 1.8413)
Timestamp:
Rate Fetched: Mon Oct 15 2018 08:12:30 GMT+0000 (UTC)
Rating:
 
: 4.8/5.0
Reviews:
HSBC: rate, rating & reviews
From amount:£5,000 GBP
To amount:$8944.56 AUD
Exchange Rate:1.7916
Total Cost:2.85% (against GBP/AUD mid-rate: 1.8413)
Difference:
$192 AUD less than using OFX
Timestamp:10:11 Local
Rating:
: /5.0
Reviews:
Natwest Bank: rate, rating & reviews
From amount:£5,000 GBP
To amount:$8894.74 AUD
Exchange Rate:1.7843
Total Cost:3.39% (against GBP/AUD mid-rate: 1.8413)
Difference:
$242 AUD less than using OFX
Timestamp:10:11 Local
Rating:
 
: 1/5.0
Reviews:
 

Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo HSBC logo

Banks - Average Rate :
From amount:£5,000 GBP
To amount:$8854.68 AUD
Exchange Rate:1.7623
Total Cost:3.82% (against GBP/AUD mid-rate: 1.8413)
Difference:
$282 AUD less than using OFX
Citibank: rate, rating & reviews
From amount:£5,000 GBP
To amount:$8854.20 AUD
Exchange Rate:1.7751
Total Cost:3.83% (against GBP/AUD mid-rate: 1.8413)
Difference:
$282 AUD less than using OFX
Timestamp:10:11 Local
Rating:
: /5.0
Reviews:
Santander: rate, rating & reviews
From amount:£5,000 GBP
To amount:$8803.64 AUD
Exchange Rate:1.7678
Total Cost:4.38% (against GBP/AUD mid-rate: 1.8413)
Difference:
$333 AUD less than using OFX
Timestamp:10:11 Local
Rating:
 
: 2/5.0
Reviews:
Lloyds TSB: rate, rating & reviews
From amount:£5,000 GBP
To amount:$8776.25 AUD
Exchange Rate:1.7623
Total Cost:4.67% (against GBP/AUD mid-rate: 1.8413)
Difference:
$360 AUD less than using OFX
Timestamp:10:11 Local
Rating:
 
: 1/5.0
Reviews:
 
Sending a LARGER foreign transfer? Request a free multiple-vendor quote: Get Quotes
* Cost = exchange rate margin + fees vs GBP/AUD mid-rate: 1.8413
Rates @ 10/15/2018

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.

Compare Travel Money Exchange Rates vs the Banks

GBP £1,000 → Spend Australian dollar (AUD)

ProviderSpend Amount GBPExchange RateCostReviewsLinks to Offers
Travelex Online UK logoTravelex Online UK
$1789.10 AUD
Top Provider
1.78912.83%
 
HSBC logoHSBC
$1771.20 AUD
$18 less
1.77123.81%
Citibank logoCitibank
$1744.68 AUD
$44 less
1.76235.25%
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo HSBC logo
$1737.61 AUD
$51 less
1.75335.63%
Lloyds TSB logoLloyds TSB
$1726.96 AUD
$62 less
1.74446.21%
 
Santander logoSantander
$1726.96 AUD
$62 less
1.74446.21%
 
Natwest Bank logoNatwest Bank
$1718.23 AUD
$71 less
1.74446.68%
 
Travelex Online UK: rate, rating & reviews
From amount:£1,000 GBP
To amount:$1789.10 AUD
Exchange Rate:1.7891
Total Cost:2.83% (against GBP/AUD mid-rate: 1.8413)
Fees:£0
Timestamp:
Rate Fetched: Mon Oct 15 2018 08:15:03 GMT+0000 (UTC)
Rating:
 
: 4.3/5.0
Reviews:
HSBC: rate, rating & reviews
From amount:£1,000 GBP
To amount:$1771.20 AUD
Exchange Rate:1.7712
Total Cost:3.81% (against GBP/AUD mid-rate: 1.8413)
Fees:£0
Timestamp:10:11 Local
Rating:
: /5.0
Reviews:
Citibank: rate, rating & reviews
From amount:£1,000 GBP
To amount:$1744.68 AUD
Exchange Rate:1.7623
Total Cost:5.25% (against GBP/AUD mid-rate: 1.8413)
Fees:£10
Timestamp:10:11 Local
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo HSBC logo

Banks - Average Rate :
From amount:£1,000 GBP
To amount:$1737.61 AUD
Exchange Rate:1.7444
Total Cost:5.63% (against GBP/AUD mid-rate: 1.8413)
Fees:£10
Lloyds TSB: rate, rating & reviews
From amount:£1,000 GBP
To amount:$1726.96 AUD
Exchange Rate:1.7444
Total Cost:6.21% (against GBP/AUD mid-rate: 1.8413)
Fees:£10
Timestamp:10:11 Local
Rating:
 
: 1/5.0
Reviews:
Santander: rate, rating & reviews
From amount:£1,000 GBP
To amount:$1726.96 AUD
Exchange Rate:1.7444
Total Cost:6.21% (against GBP/AUD mid-rate: 1.8413)
Fees:£10
Timestamp:10:11 Local
Rating:
 
: 2/5.0
Reviews:
Natwest Bank: rate, rating & reviews
From amount:£1,000 GBP
To amount:$1718.23 AUD
Exchange Rate:1.7444
Total Cost:6.68% (against GBP/AUD mid-rate: 1.8413)
Fees: Minimum 15 GBP
Timestamp:10:11 Local
Rating:
 
: 1/5.0
Reviews:
 
Sending a LARGER foreign transfer? Request a free multiple-vendor quote: Get Quotes
* Cost = exchange rate margin + fees vs GBP/AUD mid-rate: 1.8413
Rates @ 10/15/2018

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.


Currency News, Research and Forecasts for British Pound Sterling and Australian Dollar

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 GBP vs AUD, you should pay attention to both British Pound Sterling and Australian Dollar news and forecasts.

British Pound Sterling (GBP) - Market news and forecasts

Between April and August, the pound slumped as a “no deal” Brexit became increasingly likely. It fell 12 percent against the US dollar to $1.266 and by around 5 percent against the less volatile euro, to €1.10.

By early October, the British currency had made back around a quarter of the aforementioned loss against the dollar, to $1.31, and around half against the euro, to €1.139, but it remained vulnerable to Brexit-related news flow.

On the monetary policy front, the Bank of England finally raised UK interest rates in August, to 0.75 percent, but any support this lent to the pound at the time was limited due to suggestions from an outgoing member of the BOE that rates will need to stay low for two decades.

In October, Credit Agricole were still advising clients to “avoid GBP,” citing Brexit uncertainty.

In September, Citibank offered a GBP/USD 6-12-month forecast of $1.21.

Australian Dollar (AUD) - Market news and forecasts

The Australian dollar has struggled in 2018 but its prospects for 2019 remain good.

In the second half of September, the Aussie recovered slightly from long-term lows against the euro, yen, Swiss franc and US dollar. It did, however, slump by October 2nd (the day of this report) to a three-year low versus the Canadian dollar.

Keeping the Aussie on the backfoot this year have been matters of monetary policy. A decision in August by Australian commercial banks to raise lending rates reduced the need for the RBA to raise the nation’s benchmark rate. It is the benchmark rate, not commercial lending rates, that affect the Australian dollar’s value, and this is now unlikely to be increased earlier than 2020.

Inaction on monetary policy lends itself to lower AUD exchange rates (the Aussie bought only 71.9 US cents and 62.5 euro cents at the time of writing) but this will change next year. The inevitability of higher Australian interest rates will become the narrative in mid-2019, thinks Citibank, and this will drive capital into AUD and force its price up to 77 US cents.

An even stronger bullish view was expressed in September by UBS, which predicted a rise in AUD to 82 US cents by the end of 2019. The Swiss bank said that other hinderances to AUD, such as emerging market FX volatility and US-China trade tensions, would dissipate.

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

The GBP/AUD 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 GBP / AUD was traded (bought or sold) in the international markets.


When you look up the current British Pound Sterling to Australian Dollar 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.

GBP to AUD mid-rate on google

GBP to AUD mid-rate on google search

Getting a great GBP to AUD 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 GBP to AUD currency converter to calculate equivalent amounts in each currency using the latest mid-market exchange rates. Then choose your transaction type for specific British Pound Sterling cross rates and reviews of leading foreign exchange providers versus the Banks.