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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: Bearish, as the rate is below its recent average and near recent lows, weighed down by UK economic concerns.
GBP/USD Outlook: The outlook is likely to increase, supported by the pound trading well above its recent average and near its recent highs.
USD/AUD Outlook: Bearish, as the rate is below its recent average and near recent lows, primarily driven by fading USD strength.
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 1.9027. This is -3.7% compared to the latest GBP-AUD mid-market rate 1.9758.
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 1.9678, -0.4% from the latest mid-market rate 1.9758.
The next best is OFX at 1.9659, -0.5% from the mid-rate.
Then XE at 1.9639, which is -0.6% from the mid-rate.
The Western Union rate is 1.956 which is -1% from the mid-rate.
Among the banks the Lloyds Bank rate is 1.877 at -5% the Royal Bank of Scotland rate is 1.8889 at -4.4% and the Barclays Bank rate is 1.8829 at -4.7% compared to the mid-rate 1.9758.
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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