How much is Australian dollars (AUD) in GBP?

Nonetheless, if you need to exchange Australian dollars (AUD) for GBP, understanding the GBP to AUD forecast will help you decide when is most favourable to do so. The GBP to AUD rate sets out how many Australian Dollars can be bought for 1 British Pound. As of 24 January 2023, £1.00 (GBP) was equal to $1.76 AUD.

What currency is AUD?

The AUD is most commonly exchanged in global markets with the British pound, and it is a fiat currency. It’s the fifth most traded currency in the world, behind the US dollar, the euro, the Japanese yen, and the pound sterling. The conversion factor for AUD has 5 significant digits.

How do commodity prices affect the GBP vs AUD?

As such, commodity prices influence the strength of the Australian dollar and thus the GBP vs. AUD. Central bank monetary policy – Interest rates set by central institutions, along with any policy announcements, heavily affect the GBP/AUD outlook.

When did the GBP V AUD dollar price fall?

The GBP v AUD dollars price fell to its lowest rate of 1.36 in January 1985, when the AUD was strongest. Investors in GBP to AUD can review historical data. Traders can track price changes across a range of time periods, for example, data from yesterday, the last 6 or 12 months, or even a 5-year history.