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EUR to AUD Forecasts – euro to Australian dollar

Latest EUR to AUD forecasts including bank predictions, key market drivers and recent trends for EUR/AUD. See where analysts expect the pair to move and the factors likely to influence it.

 

EUR to AUD Forecast & Outlook

06 Jun 2026 • 00:49 GMT

EUR/AUD 1.6338

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: N/A
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, EUR/AUD is trading close to 1.6338, just below its 3-month average, while consolidating within its recent 3.9% range. Risk sentiment remains pressured by European data and oil prices, supporting a weaker Euro. Near-term conditions suggest the pair may face downside pressure if risk-off conditions persist, keeping the bias towards further weakening.

💸 Transfer implications

  • Expats: sending money to Australia using Euro (EUR) may find conditions less favourable than recent levels.
  • Travellers: buying Australian Dollars (AUD) with Euro (EUR) could face higher costs if the pair declines.
  • Businesses: paying overseas Australian Dollar (AUD) invoices in Euro (EUR) might see increased expenses if the trend continues.

🧭 Key drivers

  • Rate gap: The Euro's yield advantage over the Australian Dollar is narrowing, reducing support for the Euro.
  • Risk/commodities: Risk-off sentiment supported by geopolitical tensions and commodity market influences pressures risk-sensitive currencies.
  • Global factors: European risk sentiment remains pressured by Eurozone data and oil prices, impacting EUR.

⚠️ What could change it

  • Upside risk: A shift towards risk-on sentiment could support Euro recovery, reversing recent downward bias.
  • Downside risk: Deterioration in global risk sentiment or commodities could extend EUR/AUD below recent lows.

BER suggests comparing FX providers to help offset less favourable exchange conditions and possibly reduce transfer costs.

EUR-AUD Rate Calculator

 
 
   
   
   
   
   
 
 

EUR to AUD Market Data

Euro (EUR) to Australian dollar (AUD) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell EUR   →   Buy AUD
1 EUR =
1.6338We compare provider deals to this wholesale mid-market rate. Read more
AUD
1d+0.4%▲
EUR to AUD at 1.6338 is just below its 3-month average, having traded in a very stable 3.9% range from 1.6139 to 1.6769
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  1 AUD = 0.6121 EUR

Compare & Save - euro to Australian dollar

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare euro (EUR) to Australian dollar (AUD) rates from different sources before making a conversion.

Use our EUR to AUD calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Euro to Aussie currency rates and the possible savings of using various providers.

 
 

Will the Euro rise against the Australian dollar?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the euro vs Australian dollar current value is to look the EUR/AUD historic rate and change over a range of periods.

The following table looks at the change in the EUR to AUD exchange rate over periods from the previous week back to the last 10 years.

DateEUR/AUDChangePeriod
22 May 2026
1.6263
0.2% ▲2 Week
07 Mar 2026
1.6506
1.3% ▼3 Month
05 Jun 2025
1.7593
7.4% ▼1 Year
06 Jun 2021
1.5716
3.7% ▲5 Year
07 Jun 2016
1.5239
6.9% ▲10 Year
10 Jun 2006
1.6895
3.5% ▼20 Year
EUR/AUD historic rates & change to 05-Jun-2026

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add EUR/AUD to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more