Best GBP to AUD Exchange Rates - Compare & Save

In this pound to Aussie dollar rate guide:

GBP to AUD - Rate Calculator

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.

This exchange rate calculator makes it easy to compare the Total Cost you are being charged on pound to Aussie dollar currency rates and the possible savings of using various providers.

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Provider	Amounts	Rate	Total Cost

GBP/AUD Analysis

Pound Sterling to Australian dollar FX market data and key indicators - Interbank rate, charts, forecasts & historic rates and trends.

1 GBP = AUD

GBP to AUD at 1.8381 is 3.6% above its 3-month average of 1.7748, having fluctuated within a 6.4% range of 1.7274-1.8381

24-MAR 6PM-NY 10PM-LON 25-MAR 6AM-HK 9AM-SYD

Sell GBP → Buy AUD

Track Rate

1 AUD = 0.5440 GBP

90-DAY▲HIGH

4-DAY▲+2.0%1d

GBP/AUD Forecasts

Based on recent FX analyst forecasts, the GBP to AUD exchange rate may experience some volatility in March. The GBP has been relatively stable against the AUD, and the outlook largely depends on factors such as investor sentiment, economic data releases, and global developments. Though the UK narrowly avoided a technical recession in Q4 2022, its economic growth is expected to be subdued this year, and the Bank of England's rate hike decision is looming. On the other hand, the Australian dollar has seen a significant drop in value due to inflation and central bank rate expectations. As a result, the AUD is expected to remain under sustained downward pressure in March, and key support points at US$0.6720 and US$0.6680 may be tested. Overall, the GBPAUD exchange rate may trade within a range of 1.1120 – 1.1500 in March.

It's worth noting that the AUD's value is closely tied to commodity prices, trade policies, and political developments, especially in China, which is Australia's major export partner. Therefore, any changes in these factors may significantly impact the AUD's value. Additionally, the AUD and NZD tend to move in the same direction due to their dependence on commodity markets, so any developments in the NZD may also affect the AUD.

Date	GBP/AUD	Change	Period
10 Mar 2023	1.8296	0.5% ▲	2 Week
24 Dec 2022	1.7936	2.5% ▲	3 Month
24 Mar 2022	1.7569	4.6% ▲	1 Year
25 Mar 2018	1.8350	0.2% ▲	5 Year
26 Mar 2013	1.4469	27% ▲	10 Year
29 Mar 2003	2.6112	29.6% ▼	20 Year

GBP/AUD historic rates & change to 24-Mar-2023

How to get a good GBP to AUD exchange rate

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

Shop around for the best GBP/AUD 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.
Timing is important: Keep an eye on the GBP/AUD 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.
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.
Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both GBP and AUD at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
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 Australian dollar with Pound Sterling, then it's better for the GBP/AUD 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 Pound Sterling rise against the Australian dollar?

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 GBP/AUD to your personalised BER Smart Rate Tracker to track and benefit from currency movements.

Manage My Rates

Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP▲ DOWN▼ HIGH▲ LOW▼ alerts over a range of periods over the recent 90 days.

You can also read our practical guide to getting the Best Deals for your Foreign Transfers and Travel Money to Australia.

Pound Sterling & Australian dollar - Country Guides

United Kingdom (GBP)	Australia (AUD)	Christmas Island (AUD)
Cocos Keeling Islands (AUD)	Heard and McDonald Islands (AUD)	Kiribati (AUD)
Nauru (AUD)	Norfolk Island (AUD)	Tuvalu (AUD)

What are the limits on Sending Money to and from Australia?

There are no limits on the amount of money that can be sent to or from Australia. However, there may be fees and exchange rates that apply when sending money internationally, and these costs can vary depending on the method of transfer and the country where the money is being sent.

If you are sending a large amount of money to or from Australia, it is a good idea to compare the fees and exchange rates offered by different money transfer providers to find the most cost-effective option.

Read more at our Australia (AUD) country guide