The comparison table above helps you see the total cost of your Wise 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’.
Wise - AUD Rate Margin Analysis
The average AUD rate margin offered by Wise is 0.90%.
This average is based on individual AUD 10K transfer rates in the currency pairs from Wise that we monitor.
Wise - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by Wise for Australian dollar (AUD 10K)
transactions. Margins show the percentage difference from the mid-market rate.
Bias: The current level for AUD/GBP is slightly above the 90-day average and positioned in the upper half of the 3-month range, indicating a bullish-to-range-bound outlook.
Bias: AUD/GBP is slightly above the 90-day avg, reflecting a bullish-to-range-bound outlook.
Key drivers:
- Reserve Bank of Australia may hike rates to combat inflation.
- Bank of England adopts a cautious stance on potential rate cuts.
- Weak Chinese inflation data raises export demand concerns for Australia.
- UK GDP growth projected to slow, limiting GBP strength.
Range: AUD/GBP is expected to remain steady within the recent range amid limited volatility.
What could change it:
- Upside risk: Surprise rise in commodity prices could boost AUD.
- Downside risk: A significant slowdown in China or poor Australian data may pressure the AUD.
AUD/GBP slightly up as RBA eyes rate hikes. UK GDP slowdown may limit GBP strength. Expect steady range unless commodities shift or Aussie data underperforms
@bestfxrates
AUD to GBP Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Australian dollar are worth in British pound across a range of amounts.
This gives a quick view of what you’d get when converting different AUD amounts at today’s rate * :
What is the
Wise Send Money conversion rate for AUD to GBP?
The Wise AUD to GBP exchange rate is 0.4979. This is -0.34% compared to the latest AUD-GBP mid-market rate 0.4996.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Australian dollar (AUD) to British pound (GBP) rates from different sources before making a conversion.
The above
Wise - Aussie to Sterling comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Wise and other foreign exchange providers against the latest AUD-GBP mid-rate and the possible savings of using various providers.
How do Wise AUD-GBP rates compare between providers?
Looking at the full
AUD to GBP - Send Money comparison table the provider with the best AUD to GBP exchange rate is OFX at 0.4981, -0.3% from the latest mid-market rate 0.4996.
The next best is Wise at 0.4979, -0.34% from the mid-rate.
Then XE at 0.4966, which is -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers 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
like Wise or platforms that offer rates closer to the mid-market rate.