Live Rate
Refreshing in: 60s | Tue, 11 Dec 02:22pm GMT
TorFX guarantees to match any competitor's exchange rate. Conditions apply.
Send money overseas in over 30 currencies. Once registered, you'll be assigned an account manager who can provide support and guidance.
Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options. Our foreign exchange experts offer a best rate guarantee, are ASIC authorised and never charge transfer fees.
They can help you with all your needs including:
Australian dollar
| Currency: | Australian Dollar |
| Currency Symbol: | $ |
| Sub unit: | cents |
| Bank notes: | $5, $10, $20, $50, $100 |
| Coins: | 5c, 10c, 20c, 50c, $1, $2 |
Pound sterling
| Currency: | Pound Sterling |
| Currency Symbol: | £ |
| Sub unit: | penny |
| Sub unit symbol: | p |
| Bank notes: | £1, £5, £10, £20, £50 |
| Coins: | 1p, 2p, 5p, 10p, 20p, 50p, £1, £2 |
| Australian dollars (AUD) | Pound sterling (GBP) |
|---|---|
| $1 | 0 |
| $100 | 0 |
| $500 | 0 |
| $1000 | 0 |
| $1500 | 0 |
| $2500 | 0 |
| $5000 | 0 |
Keep ahead of the curve with daily currency exchange rate alerts.
There are plenty of steps you can take to ensure that you find the best AUD/GBP exchange rate for your next international money transfer.
You may have noticed that the actual exchange rate differs from the rate you get once you've exchanged the money.
For example, say today's exchange rate is AUD$1 to GBP£0.55. You go to the ATM in London and withdraw money using your Australian bank card. Not only will you be hit by your bank's fee as well as the ATM fee, but you'll notice the exchange rate you get isn't the same as the market rate – the number of pounds you end up with is smaller.
This difference between the mid-market rate and the rate charged by the banks or transfer services is called the "spread". Some transfer providers offer lower fees but weaker exchange rates, while others charge no fees but profit from the margin between their rates and the mid-market rate.
The best time to send money to the UK is when either the Australian dollar is strong or the pound is weak. While it's impossible to predict this perfectly, you can look at several economic factors for both countries and make an informed forecast.
These are three of the main factors that can influence an exchange rate.
| Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 AUD = | 0.4453 Inverse: 2.2457 | 0.5632 Inverse: 1.7756 | 0.6237 Inverse: 1.6033 | 0.6497 Inverse: 1.5391 | 0.6533 Inverse: 1.5308 | 0.5544 Inverse: 1.8039 | 0.5293 Inverse: 1.8894 | 0.4764 Inverse: 2.0991 | 0.5927 Inverse: 1.6873 | 0.5609 Inverse: 1.7830 |
| Feb 10 | Mar 12 | Apr 11 | May 11 | Jun 10 | Jul 10 | Aug 09 | Sep 08 | Oct 08 | Nov 07 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 AUD = | 0.5649 Inverse: 1.7702 | 0.5661 Inverse: 1.7665 | 0.5472 Inverse: 1.8276 | 0.5568 Inverse: 1.7959 | 0.5667 Inverse: 1.7646 | 0.5593 Inverse: 1.7878 | 0.5747 Inverse: 1.7401 | 0.5502 Inverse: 1.8174 | 0.5402 Inverse: 1.8513 | 0.5541 Inverse: 1.8048 |
| Dec 01 | Dec 02 | Dec 03 | Dec 04 | Dec 05 | Dec 06 | Dec 07 | Dec 08 | Dec 09 | Dec 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 AUD = | 0.5735 Inverse: 1.7436 | 0.5783 Inverse: 1.7292 | 0.5781 Inverse: 1.7298 | 0.5775 Inverse: 1.7315 | 0.5709 Inverse: 1.7516 | 0.5660 Inverse: 1.7668 | 0.5662 Inverse: 1.7661 | 0.5662 Inverse: 1.7661 | 0.5645 Inverse: 1.7713 | 0.5725 Inverse: 1.7466 |
The next step is finding the best transfer provider for you. There are three main options to choose from. For more, check out our guide on how to transfer money to the UK.
You're after a cost-effective option and want to send money abroad on a regular basis.
You need your money transfer to arrive immediately. In this case, consider a bank transfer or cash pick-up service.
You need an instant money transfer. Picking up in cash also means your recipient doesn't need to have a bank account or mobile wallet.
You have the time to find a better exchange rate with an online money transfer specialist or if your recipient can't get to one of the cash pick-up locations.
You prefer the convenience of transferring money overseas from your existing bank account, without having to go through the verification process of a specialised money transfer provider.
You want a better exchange rate and lower fees.
