AUD to GBP Currency Converter
Use this free tool to convert AUD to GBP at the live exchange rate you see online. Track it using a rate alert or check out the latest news for the Australian dollar.
Please understand that the rates displayed on the graph are historical. They are NOT the exchange rates that S Money is offering today. The rates displayed are the “interbank” or “wholesale” exchange rates that you can find on Google or XE. We show these rates so you can see when the best time to buy US dollars was.
About the AUD to GBP exchange rate
It's easy to see the AUD to GBP exchange rate on XE, Bloomberg or any other currency converter. It's the real exchange rate that is set by the foreign exchange market. It's also sometimes called the 'wholesale' rate or the 'interbank' rate because it's used for wholesale amounts between banks. It's the best rate to convert foreign currency but often, it's very hard to actually get.
Where is the best place to exchange AUD to GBP?
It's simple to buy GBP with AUD online, but it may not necessarily be as fast as walking into a money changer. Services like Australia Post also offer a foreign exchange service online but it takes between two and five business days before the currency is ready for pick-up or delivery so you need to be organised!
Alternatively, buying your currency in the UK, in-store can be a good option but it all depends on where you go. The money changers in the centre of the main cities like London or Manchester tend to be more competitive than smaller stores in towns.
Only change money at the airport as a last resort. The exchange rates and fees at Australian airports are among the worst in the world so avoid it at all costs if you want to get the best bang for your buck.
How can I convert AUD to GBP at the best rate?
The exchange rate that you see online if you use Google, XE or any other currency converter, is the real exchange rate. It's also sometimes called the 'wholesale' rate or the 'interbank' rate because it used for wholesale amounts between banks. It's the best rate to convert foreign currency but often, it's very hard to actually get.
The key to finding the best foreign currency rate is to compare your options. Make sure that you compare not just the exchange rate, but the total cost of your currency including any service or delivery fees.
Learn more: Get the best AUD to GBP exchange rate
What is the best time to exchange AUD to GBP?
As a rule of thumb, if you are buying GBP with Australian dollars, you want the AUD/GBP exchange rate to be as high as possible. The higher the rate, the better it is for you. It means that you will receive more pounds sterling for the same amount of Australian dollars.
Unfortunately there isn't a particular day of the week or time of the day that is the best time.
While it's impossible to pick the perfect time, you can set up a free rate tracker to keep an eye on the rate.
Also keep in mind that if you buy it online, it may take 2-4 business days to arrive so make sure you finalise your financial transaction at least a week before you are due to travel overseas.
Is the Australian dollar going up or down against the British pound?
Top banks in Australia and New Zealand have a more optimistic outlook for the Great British Pound Sterling (GBP) compared to the Aussie (AUD) - reflected in their AUD to GBP exchange rate forecasts in 2022. Generally, their outlook for the GBP is more positive compared to the AUD, which is why the AUDGBP edges slightly lower over time.
Learn more: 2022 Forecasts for the AUD to GBP
Latest AUD to GBP News, Views and Forecasts
There are many different influences over the local currency, increasing commodity prices appear to be the key driver of the recent rise of the Australian dollar. Prices of commodities like oil, wheat and nickel have soared recently on the back of the war in Europe. This has increased the demand for ‘commodity’ currencies like the Aussie dollar, helping it move higher against most major currencies including the US dollar, Euro and British pound. According to the Reserve Bank Australia There has been a close relationship between the terms of trade and the value of the Australian dollar over […]
This article looks at what the banks are predicting for the AUD to GBP exchange rate over the long term in 2022.
In the past 12 months, the Australian dollar has been sent lower against US dollar, New Zealand dollar and the British pound. The exchange rate is also slightly down against the Japanese yen and Euro. It’s largely because of two large influences over the Australia dollar – interest rates and commodity prices. The strength or weakness of the Australian dollar exchange rate is also impacted by the value of the other currency. For example, if the US dollar gets stronger in its own right, then all other things being equal, the Australian dollar will weaken and the AUD to […]
The best time to buy British Pounds with Australian dollars so far this year, was on March 24, when the AUD/GBP exchange rate was 0.5684. The last time the exchange rate was this high, was in January 2021. The low point for the exchange rate (or the worst time to buy British Pounds) in the last 12 months was in August when rate hit 0.5026. Is it a good time to buy British Pounds? While it’s nearly impossible to time the market perfectly, if you are travelling to the UK and need to buy some pounds, a higher […]
It’s home to Big Ben, Stonehenge, the much-loved Devonshire tea, and of course, the Queen herself. The United Kingdom has plenty to offer and now it’s calling you. With a destination famed for its iconic attractions, it’s hard to know just how much cash you’ll use to make your holiday everything you’ve dreamed of. On average, it’s a good idea to put aside enough for £100 of currency in the UK each day but your budget will ultimately depend on how you like to travel (for example, budget or luxury) as well as how long you’ll be away for.
This article looks at what the banks are predicting for the Australian dollar (AUD) over the long term in 2022.