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Understanding the Table:
The comparison table above helps you see the total cost of your Natwest Bank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
British pound (GBP) to Australian dollar (AUD) market data - latest interbank exchange rate, trend, chart & historic rates.
GBP/AUD Outlook: The outlook is slightly weaker, but likely to move sideways as the rate is below its recent average and near recent lows, with limited clear drivers.
GBP/USD Outlook: The outlook is slightly positive but likely to move sideways since the rate is above the recent average while lacking a clear driving force.
USD/AUD Outlook: Bearish, as the rate is significantly below its 90-day average and near its recent lows, influenced by a clear driver of rising geopolitical tensions.
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in Australian dollar across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
*Converted at the current GBP-AUD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Natwest Bank GBP to AUD exchange rate is 1.8944. This is -3.7% compared to the latest GBP-AUD mid-market rate 1.9672.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to Australian dollar (AUD) rates from different sources before making a conversion.
The above Natwest Bank - Sterling to Aussie comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Natwest Bank and other foreign exchange providers against the latest GBP-AUD mid-rate and the possible savings of using various providers.
Looking at the full GBP to AUD - Send Money comparison table the provider with the best GBP to AUD exchange rate is Wise at 1.9588, -0.43% from the latest mid-market rate 1.9672.
The next best is OFX at 1.9574, -0.5% from the mid-rate.
Then XE at 1.9554, which is -0.6% from the mid-rate.
The Western Union rate is 1.9476 which is -1% from the mid-rate.
Among the banks the Lloyds Bank rate is 1.8688 at -5% the Royal Bank of Scotland rate is 1.8806 at -4.4% and the Barclays Bank rate is 1.8747 at -4.7% compared to the mid-rate 1.9672.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Natwest Bank often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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