AUDGBP Forecast

AUD to GBP Forecasts

The Australian dollar against the British Pound (AUDGBP) changes every second. This article shares bank forecasts to help you predict changes in the AUDGBP rate.

2021 AUD to GBP: Aussie to perform better than Pound

In 2021, the 'Big 4' major Australian banks forecast the AUDGBP exchange rate to rise slightly from the current exchange rate. Most banks expect a 5% recovery in international growth this year. Bank expect the Australian dollar to perform better than the Pound Sterling.

AUDGBP Bank expert rate forecasts 2021

AUDGBP Forecast Chart

Source: International bank forecast aggregate data


*Wholesale exchange rate updated

How will the AUDGBP perform in 2021?

Why is the AUDGBP rising?

There are many reasons why the Aussie dollar has been getting stronger relative to the British Pound.

These are the most likely:

  • Vaccine rollout reduces coronavirus globally despite new strains
  • Australian economy bounces back faster than the UK economy
  • A weaker US dollar as the US economy struggles
  • China’s demand for Australian commodities grow
  • Economic growth on a global scale recovers
AUDUSD performance
Bank expert AUD USD forecasts 2021 Image

What do bank analysts think about the AUDGBP?

3 Things to know about the AUDGBP

  1. AUD/GBP tells you how many Pound Sterling are needed to purchase one Australian dollar.
  2. The AUD/GBP can fluctuate quickly. That’s why money exchange services offer rate alerts to help you get the best exchange rate
  3. Australia and the UK currencies are strongly influenced by local economic data. Economists suggest the UK is on track for a faster economic rebound than previously thought due to a quick vaccine rollout.
AUDUSD performance

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