AUD/GBP faces a bearish outlook as recent data shows stark declines, now at 0.4932, 1.2% above 3-month average. Analysts warn that global trade tensions and a weaker AUD from rate cuts will keep pressure on it. GBP remains stable, supported by BoE policy

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What is the ING Bank Send Money conversion rate for AUD to GBP?

The ING Bank AUD to GBP exchange rate is 0.4641. This is -6.1% compared to the latest AUD-GBP mid-market rate 0.4941.

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 ING Bank - Aussie to Sterling 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 AUD-GBP mid-rate and the possible savings of using various providers. 

How do ING 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 0.4918, -0.47% from the latest mid-market rate 0.4941.

The next best is OFX at 0.4916, -0.51% from the mid-rate.

Then XE at 0.4911, which is -0.61% from the mid-rate.

The Western Union rate is 0.4891 which is -1% from the mid-rate.

Among the banks the Commonwealth Bank rate is 0.4764 at -3.6% the ANZ Bank rate is 0.4797 at -2.9% and the ING Bank rate is 0.4641 at -6.1% compared to the mid-rate 0.4941.

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.