The comparison table above helps you see the total cost of your Commonwealth 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’.
Compare Commonwealth Bank Exchange Rates & Fees - Save Time & Money
Our Commonwealth Bank AUD 2000 to GBP rate is 0.4927. This is -3.6% below the mid-rate.
Commonwealth Bank - AUD Rate Margin Analysis
The average AUD rate margin offered by Commonwealth Bank is 4.7%.
This average is based on individual AUD 10K transfer rates in the currency pairs from Commonwealth Bank that we monitor.
Commonwealth Bank - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by Commonwealth Bank for Australian dollar (AUD 10K)
transactions. Margins show the percentage difference from the mid-market rate.
Commonwealth Bank Best Value Rates (Lowest Margins)
AUD/GBP Outlook: The outlook is likely to increase, as the rate is above its recent average and near recent highs, supported by expectations of interest...
USD/GBP Outlook: Likely to decrease, as the rate is below its recent average and near recent lows, primarily driven by growing concerns over US economic stability.
Outlook: AUD/GBP likely to strengthen as it hovers near recent highs, boosted by RBA rate hike signals. Key drivers: • Rate gap widening due to RBA's hawkish stance vs BoE's caution • Strong AUD performance in commodities. Range: Expected within recent bounds, testing highs. What could change it: • Upside risk: Higher-than-expected inflation in Australia. • Downside risk: Weak export data to China
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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
Commonwealth Bank Send Money conversion rate for AUD to GBP?
The Commonwealth Bank AUD to GBP exchange rate is 0.4927. This is -3.6% compared to the latest AUD-GBP mid-market rate 0.5112.
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
Commonwealth Bank - Aussie to Sterling comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Commonwealth Bank and other foreign exchange providers against the latest AUD-GBP mid-rate and the possible savings of using various providers.
How do Commonwealth Bank 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 Wise at 0.5087, -0.49% from the latest mid-market rate 0.5112.
The next best is OFX at 0.5086, -0.51% from the mid-rate.
Then XE at 0.5081, which is -0.61% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Commonwealth 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: