Interbank mid-market rate We compare bank & FX provider rates to this wholesale mid-market rate. Read more
NAB have revised upwards their Aussie to pound sterling forecasts now expecting the GBP/AUD rate to be at A$1.88 by June 2022. For 2020, it sees GBP to remain at A$1.81 at year-end. GBP-AUD Forecasts
Comparing GBP/AUD Exchange Rates
You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale GBP/AUD rate ( interbank mid-rate) plus fixed or percentage fees.
These margins and fees can vary significantly for GBP to AUD International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Note the total cost will also vary on the currencies and total amount being exchanged.
Calculate other GBP/AUD amounts (from or to) at mid-market with our GBP to AUD Calculator .
Country Guides - Australian dollar
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How to get Good GBP to AUD Exchange Rates
There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.
Reduce Excessive costs and fees
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 | Change | Period |
|---|---|---|
| 1.7981 09 Apr 2021 | 0.6% ▼ | 1 Week |
| 1.7883 17 Mar 2021 | 0.1% ▼ | 30 Days |
| 1.7641 16 Jan 2021 | 1.3% ▲ | 90 Days |
| 1.9637 16 Apr 2020 | 9% ▼ | 1 Year |
| 1.8503 17 Apr 2016 | 3.4% ▼ | 5 Years |
| 1.5515 19 Apr 2011 | 15.2% ▲ | 10 Years |
GBP/AUD 10 year historic rates & change to 16-Apr-2021 : 1.7873
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 BestExchangeRates My Rates Watchlist to track and benefit from currency movements.
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 will automatically check the exchange rate for any UP▲ or DOWN▼ move over a range of periods over the recent 90 days.