Sending a larger amount to ? Request a Free    Multi-Vendor Quote
Recent Transfers
Request a Multi-Vendor Transfer Quote
UkForex Foreign Exchange Transfers
Quick Calc

Best Exchange Rates | Compare Foreign Exchange Rates from Banks & Currency Providers

         Intn'l Transfer Rates            Foreign Cash/Travel Money

GBP/AUD Exchange Rate

GBP 1.00 = AUD Mid-Rate       /
Our platform compares the latest Foreign Exchange Rates from Banks & leading Currency Brokers to find you the best deals for your Overseas Transfers and Travel Money/Cards. We also provide currency converter calculators, up-to-date foreign exchange research, news, charts and information on currency vendors. Select Type >

Popular GBP Mid-Rates & Charts (30 days & 3 years) :

Friday, 22 August 2014 - Market Commentary
Daily currency news provided by UkForex

: It’s been a volatile week this week for the pound but a bit of calm was restored yesterday. GBP/USD traded a fairly narrow range between 1.6575 and 1.6598. UK retail sales data was released yesterday morning and showed that sales grew in July at a weaker pace than expected at 0.1%. Public sector borrowing data was also weaker than market forecasts. Come the afternoon, a series of US economic data printed stronger than expectations. Unemployment claims, Flash Manufacturing PMI, Philly Fed Manufacturing and Existing Home Sales all come in above consensus. Investors didn’t react overly positively to the news however as the Jackson Hole Symposium draws ever closer. That said the USD did firm up a little against the pound specifically and GBP/USD drifted to an overnight low of 1.6570. It has recovered a little this morning to open in London at 1.6585.
We expect a range today in the GBP/USD rate of 1.6510 to 1.6660
: European manufacturing and services PMI’s were a touch mixed yesterday. Overall, the data was a touch soft and it saw EUR/USD fall to a low of 1.3255. The stronger than expected US data failed to lift the dollar vs. the euro and instead, investors sold the USD ahead of Yellen’s speech at Jackson Hole today – there’s a feeling that she’ll sound a bit dovish and so undo the dollar positive news from the FOMC minutes earlier in the week. EUR/USD has continued its upward momentum in Asia and ended up trading to a high of 1.3296 overnight.
We expect a range today in the GBP/EUR rate of 1.2425 to 1.2510
⇒ view full report Charts : EUR/USD EUR/AUD EUR/JPY EUR/CHF EUR/CAD EUR/CNY
: AUD/USD and NZD/USD also ticked higher overnight and they open this morning at .9325 and .8415 respectively. All in all activity has been fairly muted though as traders await comments from Fed Chair Janet Yellen this afternoon. There was no economic data released from either Australia or NZ overnight and so investors had little information to react to. In the meantime GBP/AUD and GBP/NZD have weakened and trade at 1.7790 and 1.9715 this morning.
We expect a range today in the GBP/AUD rate of 1.7700 to 1.7880
We expect a range today in the GBP/NZD rate of 1.9620 to 1.9750
⇒ view full report
The Greenback surrendered recent gains yesterday as investors take stock ahead of the Jackson Hole Symposium and convergence of Central Bank heads today. Both Fed President Janet Yellen and ECB President Mario Draghi are due to address gathered officials in what investors have dubbed a key directional event. Wednesday’s Fed minutes inferred the U.S Central Bank has shifted toward a hawkish bias and Yellen’s speech is critical in affirming the change in stance. Dipping lower against most major counterparts markets largely ignored stable employment data and strong manufacturing numbers. By all rights the Dollar should have consolidated gains yesterday instead it has served to hone market focus and highlights the importance placed on today’s outcome. A hawkish Yellen tone should see the Greenback rally again gather pace. Euro found some support yesterday bouncing back from 11 month lows on stronger than expected German Private-sector growth and stable manufacturing. EUR/USD opens this morning at 1.3281 as focus turns to Jackson Hole and signs of furthering Central Bank divergence.
Data releases
Jackson Hole Symposium
NZD: No data today     
No data today
GBP: No data today
⇒ view full report Charts : USD/EUR EUR/USD USD/JPY

$100K money transfer via OzForex and a Bank

Recently, a friend was preparing to transfer $200K overseas. I suggested he split the money transfer into two, to try OzForex. ⇒ read article

What Emerging Currency jitters mean for the AUD ?

The possibility of a Global Emerging Currency (GEC) and the Australian economy being affected. ⇒ read article

Top Five Tips for Buying Property Overseas

Once you have agreed to the terms of an overseas property purchase, you will then need to make arrangements to pay for it.⇒ read article

High or Low AUD, who Benefits?

How does the gyrations of the Aussie Dollar affect Shoppers, Travellers, Importers, Exporters, Money Transfers, Tourism ? ⇒ read article

Get the best foreign currency exchange rate

There are lots of ways; most importantly you need some information. When you use our Best Exchange Rate calculator you can see who is offering ⇒ read article

Get a Multi-Vendor Quote

If you are sending a larger amount, ask for a Multi-Vendor Quote and see what special rates and deals are on offer from our vendors Get a Quote

Why is it that when I go into a currency vendor to send money I never get the rate on the news?

You may well think that you are being ripped off, but it is not always the case. In simple terms what you see on the news or in the paper or on yahoo finance is the Middle Rate or mid-rate. Some people want to buy a currency and some people want to sell a currency and there is a gap (or margin) between the price at which you buy and the price at which you sell. ⇒ read article

What makes sending money internationally so expensive?

There are a number of cost components to making and receiving international payments, most of which are far from transparent to customers: Currency fees, Transit fees, Correspondent bank fees etc ⇒ read article

Top Five Tips for Buying Property Overseas from the UK

Whatever your motivation for buying overseas property, the following top five tips can help assure that you have a more positive experience in doing so. ⇒ read article

BestExchangeRates in the Money

“A check with the foreign-exchange comparison website shows a big variation in the exchange rates available when sending money and buying cash.” ⇒ read article

This is an information service. By browsing on the website and/or using our comparison tools, you are asking BestExchangeRates to provide you with information about currency exchange products & services from multiple financial institutions. We will try to show you a range of products & services in response to your request for information. The search results do not include all providers and may not compare all features relevant to you. In giving you product information we are not making any suggestion or recommendation to you about a particular product. If you decide to conduct foreign exchange you will deal directly with a financial institution, and not with BestExchangeRates. Rates and product information should be confirmed with the relevant financial institution, see our terms of use for further details. BestExchangeRates may receive fees or other benefits in relation to activity on the BestExchangeRates website. BestExchangeRates may receive remuneration for vendor referral links.    TOS | Full disclaimer | Privacy Statement | Facebook