WorldFirst GBP to AUD Business Exchange Rates & Currency Deals
GBP-AUD Rate Calculator
Understanding the Table:
The comparison table above helps you see the total cost of your WorldFirst 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.
Bias
Range-bound, current GBP/AUD sits near the 90-day average and in the lower half of the 3-month range.
Key drivers
- Rate gap: BoE remains cautious on cuts while the RBA signals possible hikes, widening the policy gap and supporting AUD on rate expectations amid firmer growth prospects.
- China inflation: softer inflation dampens demand for Australian exports, weighing on AUD and helping GBP hold its ground as a relatively stable pair.
- Risk appetite: improving global risk appetite tends to lift AUD due to its commodity link, narrowing the GBP/AUD gap as investors seek higher-yield assets.
Range
GBP/AUD is likely to drift within the 3-month range, with mild tests of the upper end if risk appetite improves and markets stay flexible amid thin data in coming weeks.
What could change it
- Upside risk: UK data surprises to the upside, delaying BoE rate cuts and significantly supporting GBP.
- Downside risk: RBA signals a faster or higher rate path, lifting AUD
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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 Business Send Money conversion rate for GBP to AUD?
The best Business GBP to AUD exchange rate is 1.9895 from Wise. This is -0.39% compared to the mid-market rate 1.9972.
As Business 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
WorldFirst - Business Sterling to Aussie comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
WorldFirst and other foreign exchange providers against the latest GBP-AUD mid-rate and the possible savings of using various providers.
How do WorldFirst GBP-AUD rates compare between providers?
Looking at the full
GBP to AUD - Send Money comparison table the provider with the best Business GBP to AUD exchange rate is Wise at 1.9895, -0.39% from the latest mid-market rate 1.9972.
The next best is OFX at 1.9872, -0.5% from the mid-rate.
Then XE at 1.9852, 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 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 WorldFirst or platforms that offer rates closer to the mid-market rate.