Compare Exchange Rates at Currency Exchange UK

UK (GBP) British Pound

TO =

Australia Australian Dollar (AUD)

Currency exchange rates are interbank as of 21st Nov 2024 06:29 - 1 British Pound = 1.94 Australian Dollar - 1 GBP = 1.94 AUD

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UK to Australia Currency Exchange

When you’re making an international currency transfer the exchange rate you secure can make a big difference to how much you receive.

If you want to make your money go further, a leading currency transfer provider could help you achieve a better rate than a bank and help you avoid transfer fees.

A currency provider can also help you stay on top of the latest exchange rate movements and time your transfer effectively.

If you’re wondering what difference this could make, check out the example below…

GBP/AUD Currency transfer case study

In October 2018 the GBP/AUD exchange rate was trading in the region of AU$1.86.

By December 2018 the rate had fallen to AU$1.72.

If you needed to move £200,000 to Australia, the difference in the exchange rate would have left you AU$28,000 worse off.

However, currency transfer providers offer services which can help you protect your transfers from exchange rate volatility, including forward contracts – which allow you to fix a rate for up to two-years in advance.