Commonwealth Bank GBP to AUD Exchange Rates & Currency Deals
GBP-AUD Rate Calculator
Understanding the Table:
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’.
GBP to AUD Market Data
British pound (GBP) to Australian dollar (AUD) market data - latest interbank exchange rate, trend, chart & historic rates.
GBP/AUD remains bearish-to-range-bound, below the 90-day avg and at the 3-month range's lower end. BoE cautious on cuts; the RBA hints 2026 hikes, widening the gap for AUD. Risk appetite and softer China inflation cap AUD; firmer risk could lift it.
Bias
Bearish-to-range-bound, trading below the 90-day average and at the lower end of the three-month range.
Key drivers
- Rate gap: BoE remains cautious on cuts with a gradual easing path, while the RBA has signalled possible hikes in 2026, widening the policy gap in favor of AUD.
- Risk/commodities: AUD tends to rise with risk appetite and commodity demand; softer Chinese inflation dampens demand for Australian exports, weighing on AUD, while firmer risk sentiment could push AUD higher.
- Macro factor: China inflation trends; December showed soft inflation, underscoring weak domestic demand and weighing on demand for Australian commodities.
Range
GBP/AUD likely drifts within its recent range, with a bias toward the lower end unless UK data or risk appetite moves decisively.
What could change it
- Upside risk: Strong UK data or a BoE pivot to slower easing, narrowing the policy gap and supporting GBP.
- Downside risk: A stronger-than-expected rebound in China or an uplift in Australian demand lifting the AUD, pushing GBP/AUD toward the upper end of its range
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GBP to AUD 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 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 * :
What is the
best Send Money conversion rate for GBP to AUD?
The best GBP to AUD exchange rate is 1.9923 from Wise. This is -0.39% compared to the mid-market rate 2.0000.
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
Commonwealth Bank - Sterling to Aussie 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 GBP-AUD mid-rate and the possible savings of using various providers.
How do Commonwealth Bank 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 1.9923, -0.39% from the latest mid-market rate 2.0000.
The next best is OFX at 1.99, -0.5% from the mid-rate.
Then XE at 1.988, 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 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.