Best AUD to GBP exchange rates today

Get the best rate to send money from Australia to the UK.

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Whether you’re investing in a business in London or sending money to your mom in Edinburgh, a strong exchange rate will get you more bang for your Australian buck.

Today’s mid-market rate

Live Rate

= £ 0.5076

Refreshing in: 60s | Sat, Feb 29, 01:45PM GMT

Buy British pounds with Australian dollar online

Compare online forex providers to get the best rate for your exchange.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 1 1 - 2 days AUD 0.00 0.505 GBP 2,525 Offering no maximum and no minimum limit transfers with $0 fees. Go to site Show details
EUR 1,000 1 - 2 days USD 10.00 0.503 GBP 2,510 Use TransferMate to help you send money to almost any country around the world for a small fee. Go to site Show details
USD 1 Within an hour USD 3.99 0.506 GBP 2,527 Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site Show details
GBP 1,000 1 - 2 days AUD 0.00 0.503 GBP 2,513 Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000).
For larger transfers, get no transaction fees and no maximum send limits.
Go to site Show details
USD 1,000 1 day AUD 0.00 0.503 GBP 2,513 No-maximum limit transfers with competitive exchange rates for 100+ currencies. Go to site Show details
USD 5,000 1 day AUD 0.00 0.503 GBP 2,513 Venstar will support you through the entire process of your international transactions, from start to finish. Go to site Show details

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Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

When is the best time to buy?

The price of currency depends on political events, natural disasters and other factors around the world. As Australia’s unemployment increases in 2019 and a looming trade war between the US and China, the value of the AUD will decrease.

How does the Australian dollar trade against the British pound historically?

The global financial crisis in 2008 affected both the Australian dollar and British pound. The Australian dollar reached 2.474488 per pound in October 2008 from 2.065693 per pound in July 2008. By August 2009 the Aussie dollar had dropped to under two dollars per pound.

Even though “Brexit” vote — or Britain’s proposed exit from the European Union voted by referendum in June 2016 — affected many currencies around the world, the Australian dollar didn’t move much. The AUD to GBP exchange rate went from 0.519547 in June 2016 to 0.572899 in July 2016. With the UK’s exit from the UN still in talks, experts predict that the British economy will remain volatile.

AUD to GBP exchange rate history

We’ve put together the average exchange rate for the Australian dollar against the British pound from the past week.

Feb 22 Feb 23 Feb 24 Feb 25 Feb 26 Feb 27 Feb 28
1 AUD = 0.5113 Inverse: 1.9556 0.5100 Inverse: 1.9608 0.5115 Inverse: 1.9550 0.5080 Inverse: 1.9685 0.5073 Inverse: 1.9713 0.5106 Inverse: 1.9584 0.5076 Inverse: 1.9699

Average exchange rate over the past 6 months.

Oct 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Feb 2020
1 AUD = 0.5457 Inverse: 1.8325 0.5319 Inverse: 1.8802 0.5259 Inverse: 1.9015 0.5148 Inverse: 1.9424 0.5244 Inverse: 1.9071 0.5147 Inverse: 1.9428

Average exchange rate over the past 10 years.

1 AUD =0.4922
Inverse: 2.0318
Inverse: 1.6662
Inverse: 1.5463
Inverse: 1.5832
Inverse: 1.5092
Inverse: 1.8187
Inverse: 1.9286
Inverse: 1.9404
Inverse: 1.7328
Inverse: 1.8027

What affects AUD to GBP exchange rates?

Five main factors affect the Australian dollar and British pound are monetary policy, price inflation, confidence and sentiment, economic growth using the gross domestic product (GDP) and the balance of payments. These factors can offer a comprehensive view of the direction a currency is going.

A clear example of how this works happened in 2015. Heavy flooding in Australia’s eastern states — particularly in Queensland — affected Australia’s GDP and inflation. A primary factor used to gauge the health of a country’s economy, the GDP went on to affect how the Australian dollar traded in global markets. From June 2015 to February 2016, the Australian dollar remained above 2.0 to the pound.

Bottom line

Ultimately, how a currency pair trades is subject to many factors, so consider current events and their effect on global markets.

When choosing a money transfer service for currency exchange, it’s best to look for an exchange rate that’s closest to the mid-market rate and comparable to historically low exchange rates within the past year.

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