Get the Best GBP to AUD Exchange Rate

Today the best GBP to AUD exchange rate for cash is 0.5131. This is the rate that gives you the most money when you are converting your currency. It has many names including the 'wholesale rate', the 'interbank rate' or the ' live mid-market rate'.

The good news is that it can easily be found in lots of places. For example, if you wanted to sell some UK pounds you can find the rate on Google by searching "GBP to AUD". Alternatively you can find it on XE or Yahoo. In fact, most currency converters use the same exchange rate.

At S Money we match the GBP to AUD currency exchange rate with the rate shown on Google or XE. In real time. This means you never pay over-inflated rates and can be 100% positive you are getting the most competitive rate to sell British pounds in cash.

If you have just returned from overseas or just want to convert some British pounds (GBP) to Australian dollars (AUD) to keep on hand, it's important to find the best way to exchange your money.

1. In-store -  this is one of the best ways to convert your currency fast. Just locate a store near you and bring your ID. It's a good idea to call ahead. S Money stores will often give you the best exchange rate with a transparent service fee.
2. Overseas - Sometimes it can actually be cheaper to sell your British pounds abroad. Countries like Singapore have very competitive money changers if you are willing to go out of your way to find them.
3. International money transfers - If you are sending money from the UK to Australia, using a money transfer service like Wise or OFX is a great way to convert your currency. These online services are a much cheaper option than using an Australian bank.
4. At the airport - If you are looking to sell some British pounds in cash, the airport is the worst way to do it. Airport money changers usually have the worst exchange rates and highest fees.
5. Friends and family - While it's not recommended, you can always sell your currency to a friend or family member heading overseas.