GBP to AUD mid-rate = 1.7609
Right now the GBP/AUD market mid-rate is 1.7609 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.
GBP / AUD Converter
1.7609 Australian Dollar
Compare how much you can save on
GBP/AUD exchange rates for:
| AUD Country Guides | ||
|---|---|---|
 Australia |  Christmas Island |  Cocos Keeling Islands |
 Heard And McDonald Islands |  Kiribati |  Nauru |
 Norfolk Island |  Tuvalu |
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. You can also view our various charts of GBP versus other currencies : GBP historical charts.
| Date | Exchange Rate | Period | Change |
|---|---|---|---|
| 09 Dec 2018 | 1.7662 | Latest | |
| 02 Dec 2018 | 1.7292 | 1 Week | +2.14% |
| 09 Nov 2018 | 1.7941 | 1 Month | -1.56% |
| 12 Jun 2018 | 1.7657 | 6 Months | +0.03% |
| 09 Dec 2017 | 1.7834 | 1 Year | -0.96% |
| 09 Dec 2016 | 1.6877 | 2 Years | +4.65% |
| 10 Dec 2013 | 1.7984 | 5 Years | -1.79% |
| 11 Dec 2008 | 2.2280 | 10 Years | -20.73% |
Best Rates for GBP/AUD Transfers and Travel Money
The total transaction cost you will be charged is the margin from the mid-rate offered by your 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 GBP to AUD Foreign Transfers vs the Banks
| Providers | Amount AUD | Exchange Rate | Fee GBP | Total Cost | Transfer Speed | Transfer Services | Reviews | Deal Links |
|---|---|---|---|---|---|---|---|---|
 OFX | $8792.00 AUD Top Provider | 1.7584 | £0^ | 0.4% | 1-2 days | Online, Bank Account to Bank Account |  | |
 TorFX | $8730.50 AUD $AUD61 less | 1.7461 | 0 | 1.1% | 1-2 days | Online, Bank Account to Bank Account | | |
Banks - Average Rate      | $8243.50 AUD $AUD548 less | 1.6536 | 15 | 6.62% | 2-3 days | Online, Branch, Bank Account to Bank Account | Bank Average |
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 GBP to AUD Travel Money Exchange Rates vs the Banks
| Providers | Amount AUD | Exchange Rate | Fee GBP | Total Cost | Reviews | Deal Links |
|---|---|---|---|---|---|---|
 Travelex Online UK | $1717.40 AUD Top Provider | 1.7174 | £0^ | 2.72% | | |
 Post Office | $1691.80 AUD $AUD26 less | 1.6918 | 0 | 4.17% | | |
Banks - Average Rate | $1646.65 AUD $AUD71 less | 1.6654 | £10 | 6.73% | Bank Average |
Why can't I just get the 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.
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.
The closer your final exchange rate is to the market GBP/AUD midrate the better deal you are getting.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
The three things you need in order to get a good GBP to AUD exchange rate
- 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.
- 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. - Review up-to-date Currency News and Forecasts for both the and currencies, if available.
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
In late November, the Bank of England offered a stark warning on no-deal Brexit outcomes.
In the event of a “disorderly” no-deal Brexit, under which there will be serious border delays and a marked loss of confidence in Britain’s financial institutions, the BoE predicts a significant decrease in the size of the UK economy and a rather shocking 25 percent loss in the British pound’s value.
In the milder, more likely event of a “disruptive” no-deal Brexit, under which goods face tariffs but flow somewhat easily, sterling still loses 15 percent, the BoE believes.
These are some of the most alarmist currency forecasts of recent years and holders of sterling will therefore hope for a UK-EU agreement before the March-29 exit date.
In late-November, GBP/USD continued to trade in the lower third of its 1.27-1.32 range, which contained much of the price action since mid-July. GBP/EUR slipped into the middle of its 2018 range, at 1.123, and GBP/NZD weakened to a 13-month low of 1.8572.
Australian Dollar (AUD) - Market news and forecasts
November-26: In the weeks leading up to this report, the Australian dollar was among the best performing global currencies. A broader 2018 view will, though, show a currency that is struggling. The good news is that the Aussie’s prospects for 2019 remain good.
Important for AUD in November was the break of an important technical trendline that demarcated the 2018 downtrend. Between January and late October, the currency lost nearly 14 percent against the US dollar to trade at a 2-1/2-year low of $0.702. It had recovered by the time of this report into the $0.72s. Similar could be said of AUD’s performance against the euro.
Easing trade tensions between the US and China was another big positive for AUD in November.
Inaction on interest rates from the RBA has lended itself to lower AUD exchange rates 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 $0.77. CIBC expressed a similar view in November, albeit with a slightly lower mid-19 forecast of $0.76.
