What is the
Currencies Direct Send Money conversion rate for GBP to AUD?
The Currencies Direct GBP to AUD exchange rate is 2.0621. This is -0.8% compared to the latest GBP-AUD mid-market rate 2.0787.
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
Currencies Direct - Sterling to Aussie comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Currencies Direct and other foreign exchange providers against the latest GBP-AUD mid-rate and the possible savings of using various providers.
How do Currencies Direct 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 2.0694, -0.45% from the latest mid-market rate 2.0787.
The next best is OFX at 2.0683, -0.5% from the mid-rate.
Then XE at 2.0663, which is -0.6% from the mid-rate.
The Western Union rate is 2.058 which is -1% from the mid-rate.
Among the banks the Lloyds Bank rate is 1.9727 at -5.1% the Royal Bank of Scotland rate is 1.9852 at -4.5% and the Barclays Bank rate is 2.006 at -3.5% compared to the mid-rate 2.0787.
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 Currencies Direct or platforms that offer rates closer to the mid-market rate.