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GBP/AUD

British pound sterling (GBP) to Australian dollar (AUD) exchange rate.

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Product Type: CurrenciesMarket: Global
Trading Hours:  24 hours, Mon-Fri.
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Description:

Britain’s pound sterling against Australia’s dollar (GBP/AUD) is a cross-pair of the GBP, which is considered the 4th most commonly-traded currency in the foreign exchange market, after the United States dollar, euro and Japanese yen. GBP (generally referred to simply as the pound), and AUD (nicknamed the “Aussie”), are the official currencies of the world’s 5th and 12th largest national economies respectably. GBP/AUD’s exchange rate indicates how much of the Aussie is needed to buy one pound. It is generally affected, among other things, by Britain and Australia’s economic policies, unemployment rates, export/import statistics and gross domestic product (GDP) growth.

Interesting Facts:

  • GBP is the 4th most actively-traded currency in the foreign exchange market. It is also one of the world’s major reserve currencies.
  • AUD (generally referred to as the "Aussie"), is one of the 6 most traded currencies globally.
  • London, the UK’s capital, is the largest financial centre in the world, and is home to nearly 30% of all daily foreign exchange transactions.
  • Formerly a British colony, Australia is considered one of the worlds’ top exporters of metals, minerals and agriculture commodity products.