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 Forecasts

In recent weeks, GBP to AUD has shown notable strength, reaching a level of 1.8500, which is 4.1% above its 3-month average of 1.7771. This appreciation can be attributed to various factors, including unexpected strength in the US jobs report, sluggish global GDP growth due to ongoing inflation concerns, and China's improving economic outlook after the relaxation of its strict COVID-zero policy. The pair has experienced fluctuations within a 7.1% range, from 1.7274 to 1.8500, over the past three months.

The outlook for the GBP to AUD in March appears to be influenced by several key factors. Economists suggest that global risk sentiment, commodity prices, and political developments could all have a significant impact on AUD's value. Additionally, as AUD and NZD often move in correlation due to their geographical proximity and reliance on commodity markets, investors should be closely monitoring their movements as well. The market view is that the GBP to AUD could continue to experience volatility in the upcoming weeks, and investors should remain cautious and vigilant.

29-MAR 7AM-NY 12PM-LON 7PM-HK 10PM-SYD

GBP/AUD Market Data

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 1.8438 is 3.7% above its 3-month average of 1.7776, having fluctuated within a 7.0% range of 1.7274-1.8475

29-MAR 10PM-NY 30-MAR 3AM-LON 10AM-HK 1PM-SYD

Sell GBP → Buy AUD

Track Rate

1 AUD = 0.5425 GBP

90-DAY▲HIGH

Date	GBP/AUD	Change	Period
15 Mar 2023	1.8235	1% ▲	2 Week
29 Dec 2022	1.7818	3.4% ▲	3 Month
29 Mar 2022	1.7424	5.8% ▲	1 Year
30 Mar 2018	1.8262	0.9% ▲	5 Year
31 Mar 2013	1.4590	26.3% ▲	10 Year
03 Apr 2003	2.6167	29.6% ▼	20 Year

GBP/AUD historic rates & change to 29-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