Understanding the Table:
The comparison table above helps you see the total cost of your ING 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’.
British pound (GBP) to Australian dollar (AUD) market data - latest interbank exchange rate, trend, chart & historic rates.
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the British pound against the Australian dollar is to review how the GBP/AUD rate has changed over time.
The table below shows the percentage change in the GBP to AUD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
| Date | GBP/AUD | Change | Period |
|---|---|---|---|
02 Jun 2025 | 2.0864 | 0.3% ▲ | 2 Week |
18 Mar 2025 | 2.0436 | 2.4% ▲ | 3 Month |
16 Jun 2024 | 1.9180 | 9.1% ▲ | 1 Year |
17 Jun 2020 | 1.8251 | 14.6% ▲ | 5 Year |
19 Jun 2015 | 2.0431 | 2.4% ▲ | 10 Year |
21 Jun 2005 | 2.3457 | 10.8% ▼ | 20 Year |
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 * :
*Converted at the current GBP-AUD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best GBP to AUD exchange rate is 2.0729 from Wise. This is -0.45% compared to the mid-market rate 2.0823.
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 ING Bank - Sterling to Aussie comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by ING Bank and other foreign exchange providers against the latest GBP-AUD mid-rate and the possible savings of using various 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 2.0729, -0.45% from the latest mid-market rate 2.0823.
The next best is OFX at 2.0719, -0.5% from the mid-rate.
Then XE at 2.0698, which is -0.6% from the mid-rate.
The Western Union rate is 2.0614 which is -1% from the mid-rate.
Among the banks the Lloyds Bank rate is 1.9762 at -5.1% the Royal Bank of Scotland rate is 1.9887 at -4.5% and the Barclays Bank rate is 2.0094 at -3.5% compared to the mid-rate 2.0823.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like ING 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.
The pound (GBP) recently faced downward pressure due to disappointing UK GDP data, which contracted by 0.3% in April, exceeding forecasts for a milder decline.
The recent forecast for the GBP to USD exchange rate suggests a complex interplay of economic indicators and geopolitical events affecting both currencies.
Recent forecasts for the USD to AUD exchange rate indicate a challenging outlook for the U.S.
View a full list of exchange rates by selecting your Base (from) currency: