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    Best Send Money to Australia GBP/AUD Rates Compared Live

    The best GBP to AUD exchange rate is 1.9267. We compare conversion costs to this mid-market rate and other FX providers, find better rates & deals.

    Pound Sterling to Australian dollar (GBPAUD) rate guide contents:

    Compare GBP-AUD send money exchange rates

    Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Pound Sterling (GBP) to Australian dollar (AUD) rates from different sources before making a conversion.

    This Sterling to Aussie comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest GBP-AUD mid-rate and the possible savings of using another provider.

     

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    @bestfxrates : GBP/AUD hovers near 14-day lows at around 1.9261 amid BoE policy uncertainties & UK political events. Conversely, AUD gains from global growth optimism but wary of Chinese risks. Market eyes on rate differences & commodities. Watch economic indicators & central banks for FX cues. #GBPAUD #ForexUpdate

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    Save time and money - fewer websites to visit and you get a much better exchange rate & service.

     
     

    GBP to AUD Market Data

    Pound Sterling (GBP) to Australian dollar (AUD) market data - latest interbank mid-rate, trend, chart & historic rates.

     
    1 GBP =
    1.9267We compare provider deals to this wholesale mid-market rate. Read more
    AUD
    +0.2%
    πŸ“‰2W
    GBP to AUD at 1.9291 is just 1.0% above its 3-month average of 1.9104, having traded in a quite stable 4.7% range from 1.8638 to 1.9512
    |
    Sell GBP   β†’   Buy AUD
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    DateGBP/AUDChangePeriod
    07 Feb 2024
    1.9365
    0.4% β–Ό2 Week
    23 Nov 2023
    1.9105
    0.9% β–²3 Month
    21 Feb 2023
    1.7643
    9.3% β–²1 Year
    22 Feb 2019
    1.8310
    5.3% β–²5 Year
    23 Feb 2014
    1.8549
    4% β–²10 Year
    26 Feb 2004
    2.4161
    20.2% β–Ό20 Year
    GBP/AUD historic rates & change to 21-Feb-2024

    Forecasts for GBP to AUD

     

    Recent forecasts and market updates suggest a mixed outlook for the GBP to AUD exchange rate. FX analysts point to uncertainties surrounding the Bank of England's monetary policy stance as a key factor influencing the Pound's performance. While the BoE's delay in rate cuts could potentially strengthen Sterling in the first half of 2024, any unexpected dovish turn due to falling inflation may lead to GBP weakness. Additionally, looming political events such as the upcoming UK general election may introduce further volatility to the Pound.

    Read our full review of recent GBP to AUD forecasts.

     

    How to get a good GBP to AUD exchange rate

    There are several ways to save on exchange rates when converting Pound Sterling to Australian dollar:

    1. Shop around for the best GBP/AUD exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
    2. Timing is important: Keep an eye on the GBP/AUD rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
    3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both GBP and AUD at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

    The key is reducing excessive costs and fees

    Generally speaking, if you are buying Australian dollar with Pound Sterling, then it's better for the GBP/AUD exchange rate to be higher.

    However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

    The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

    Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

    It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

    Will the Pound Sterling rise against the Australian dollar?

    It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

    To help with this you can add GBP/AUD to your personalised Rate Tracker to track and benefit from currency movements.

     
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    Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

    Keep track of currency Trends; UpπŸ“ˆ or DownπŸ“‰ trends over periods from 1 week (1W) to 3 months (3M).

    Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


     

    Read our Currency guide to Australia - a practical currency and money guide to travel, living and doing business in Australia with the Australian dollar.

     
     
     

    Country Currency Guides

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    NauruNauru (AUD)Norfolk IslandNorfolk Island (AUD)TuvaluTuvalu (AUD)
     

    What are the limits on Sending Money to and from Australia?

    There are no limits on the amount of money that can be sent to or from Australia. However, there may be fees and exchange rates that apply when sending money internationally, and these costs can vary depending on the method of transfer and the country where the money is being sent.

    If you are sending a large amount of money to or from Australia, it is a good idea to compare the fees and exchange rates offered by different money transfer providers to find the most cost-effective option.

    Read more at our Australia (AUD) country guide

       
     
     

    Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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