GBP/AUD is currently at 2.0092, 2.1% below its 3-month avg of 2.0516, as uncertainty looms ahead of the UK budget on Nov 26. Analysts note mixed sentiment as the BoE may hold rates, while the RBA's easing raises inflation concerns. Stay vigilant for volatility!

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What is the Santander Send Money conversion rate for GBP to AUD?

The Santander GBP to AUD exchange rate is 1.9148. This is -4.6% compared to the latest GBP-AUD mid-market rate 2.0071.

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 Santander - Sterling to Aussie comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Santander and other foreign exchange providers against the latest GBP-AUD mid-rate and the possible savings of using various providers. 

How do Santander GBP-AUD rates compare between 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 1.9991, -0.4% from the latest mid-market rate 2.0071.

The next best is OFX at 1.997, -0.5% from the mid-rate.

Then XE at 1.995, which is -0.6% from the mid-rate.

The Western Union rate is 1.987 which is -1% from the mid-rate.

Among the banks the Lloyds Bank rate is 1.9067 at -5% the Royal Bank of Scotland rate is 1.9188 at -4.4% and the Barclays Bank rate is 1.9128 at -4.7% compared to the mid-rate 2.0071.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Santander 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.