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AUD to EUR - Rate Guide

Australian Dollar to Euro exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

AUD/EUR update & alerts

1 AUD = 0.6136 EUR

AUD to EUR - Trading Range (90 Day)
ALERT: 30-DAY LOWS 🔔 |
90-DAY TREND: At 0.6135 AUD/EUR is trading near the average 0.6158 with a range 0.6009 to 0.6246. ALERT: AUD/EUR has dropped to 30-DAY LOWS. Updated: 08:01-AEDT 21:01-GMT 16:01-EST

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AUD/EUR Exchange Rates and Providers Compared

This guide to the Australian Dollar to Euro exchange rate with 90-day chart & alerts, historic rates, forecasts and AUD to EUR comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. If you want to calculate equivalent amounts in foreign currencies or rate margins then use our AUD/EUR Quick Calculator.

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for AUD/EUR International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

AUD to EUR International Money Transfers

  

Foreign Transfer ProvidersReceive EUR(€)Exchange RateFee AUDTotal CostDeal Links
TorFX logo
6,028
Best Overall
0.602801.74%
OFX (OzForex) logo
6,086
€58 more
0.60860^0.8%
WorldFirst logo
6,104
€76 more
0.610400.51%
ANZ Bank logo
5,916.33
€112 less
0.5927183.56%
BankSA International Money Transfers
BankSA logo
5,908.15
€120 less
0.59220.013.7%
Bank of Melbourne International Money Transfers
Bank of Melbourne logo
5,907.57
€120 less
0.592213.71%
Bank of Queensland logo
5,884.29
€144 less
0.5902304.09%
Banks - Average Rate
National Australia Bank (nab) logo Westpac logo ANZ Bank logo Commonwealth Bank (CBA) logo St George Bank logo Bank of Queensland logo Bank of Melbourne logo BankSA logo
5,872
€156 less
0.5884154.28%
National Australia Bank (nab) logo
5,857.09
€171 less
0.587224.53%
Commonwealth Bank (CBA) logo
5,856.48
€172 less
0.5866 4.54%
St George Bank logo
5,842.29
€186 less
0.5854204.77%
Westpac logo
5,807.36
€221 less
0.5819205.34%
 

TorFX logo

TorFX: Foreign Transfer AUD→EUR
From Amount (AUD)A$10,000
Fee:0
Exchange Rate:0.6028 (1.74% from mid-rate)
To Amount (EUR)6,028
Total Cost:1.74%
Time:4:00 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 

OFX (OzForex) logo

OFX (OzForex): Foreign Transfer AUD→EUR
From Amount (AUD)A$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $15 for transfers over $10K)
Exchange Rate:0.6086 (0.8% from mid-rate)
To Amount (EUR)6,086
Total Cost:0.8%
Difference:
€58 EUR more than using TorFX
Time:
Rate Fetched: 4:00 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

WorldFirst logo

WorldFirst: Foreign Transfer AUD→EUR
From Amount (AUD)A$10,000
Fee:
Exchange Rate:0.6104 (0.51% from mid-rate)
To Amount (EUR)6,104
Total Cost:0.51%
Difference:
€76 EUR more than using TorFX
Time:4:00 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 

ANZ Bank logo

ANZ Bank: Foreign Transfer AUD→EUR
From Amount (AUD)A$10,000
Fee:18
Exchange Rate:0.5927 (3.39% from mid-rate)
To Amount (EUR)5,916.33
Total Cost:3.56%
Difference:
€112 EUR less than using TorFX
Time:
Rate Fetched: website - Fri Nov 22 2019 03:03:04 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
 

BankSA logo

BankSA: Foreign Transfer AUD→EUR
From Amount (AUD)A$10,000
Fee:20.01
Exchange Rate:0.5920 (3.5% from mid-rate)
To Amount (EUR)5,908.15
Total Cost:3.7%
Difference:
€120 EUR less than using TorFX
Time:
Rate Fetched: website - 4:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Bank of Melbourne logo

Bank of Melbourne: Foreign Transfer AUD→EUR
From Amount (AUD)A$10,000
Fee:21
Exchange Rate:0.5920 (3.5% from mid-rate)
To Amount (EUR)5,907.57
Total Cost:3.71%
Difference:
€120 EUR less than using TorFX
Time:
Rate Fetched: website - 4:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Bank of Queensland logo

Bank of Queensland: Foreign Transfer AUD→EUR
From Amount (AUD)A$10,000
Fee:30
Exchange Rate:0.5902 (3.8% from mid-rate)
To Amount (EUR)5,884.29
Total Cost:4.09%
Difference:
€144 EUR less than using TorFX
Time:
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer AUD→EUR
From Amount (AUD)A$10,000
Fee:15
Exchange Rate:0.5983 (2.48% from mid-rate)
To Amount (EUR)5,872
Total Cost:4.28%
Difference:
€156 EUR less than using TorFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

National Australia Bank (nab) logo

National Australia Bank (nab): Foreign Transfer AUD→EUR
From Amount (AUD)A$10,000
Fee:22
Exchange Rate:0.587 (4.32% from mid-rate)
To Amount (EUR)5,857.09
Total Cost:4.53%
Difference:
€171 EUR less than using TorFX
Time:
Rate Fetched: website - Fri Nov 22 2019 03:05:03 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2.1/5.0
Reviews:
 

Commonwealth Bank (CBA) logo

Commonwealth Bank (CBA): Foreign Transfer AUD→EUR
From Amount (AUD)A$10,000
Fee:6
Exchange Rate:0.586 (4.48% from mid-rate)
To Amount (EUR)5,856.48
Total Cost:4.54%
Difference:
€172 EUR less than using TorFX
Time:
Rate Fetched: website - Fri Nov 22 2019 03:02:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1.2/5.0
Reviews:
 

St George Bank logo

St George Bank: Foreign Transfer AUD→EUR
From Amount (AUD)A$10,000
Fee:20
Exchange Rate:0.5854 (4.58% from mid-rate)
To Amount (EUR)5,842.29
Total Cost:4.77%
Difference:
€186 EUR less than using TorFX
Time:
Rate Fetched: website - 4:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 

Westpac logo

Westpac: Foreign Transfer AUD→EUR
From Amount (AUD)A$10,000
Fee:20
Exchange Rate:0.5819 (5.15% from mid-rate)
To Amount (EUR)5,807.36
Total Cost:5.34%
Difference:
€221 EUR less than using TorFX
Time:
Rate Fetched: website - Mon Apr 15 2019 01:04:04 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 
Snapshot 11/22/2019 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money ProvidersAmount EUR(€)Exchange RateFee AUDTotal CostDeal Links
Australia Post logo
592.00
Best Overall
0.592$0 BPay, Card 0.72%-1%3.5%
Travel Money Oz logo
589.10
€2.9 less
0.5891A$03.98%
Travelex Online AU logo
588.90
€3.1 less
0.5889$0 BPay, Card 0.72%-1%4.01%
ANZ Bank logo
586.77
€5.23 less
0.5927A$104.36%
Bank of Melbourne Foreign Currency
Bank of Melbourne logo
583.12
€8.88 less
0.592A$154.95%
BankSA Foreign Currency
BankSA logo
583.12
€8.88 less
0.592A$154.95%
Commonwealth Bank (CBA) logo
582.91
€9.09 less
0.5888A$104.99%
Banks - Average Rate
Westpac logo ANZ Bank logo Commonwealth Bank (CBA) logo St George Bank logo National Australia Bank (nab) logo Bank of Melbourne logo BankSA logo
580.91
€11 less
0.5881105.31%
St George Bank logo
579.38
€13 less
0.5882A$155.56%
Westpac logo
576.08
€16 less
0.5819A$106.1%
National Australia Bank (nab) logo
574.99
€17 less
0.5808106.28%
 

Australia Post logo

Australia Post: Travel Money AUD→EUR
From Amount (AUD)A$1,000
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:0.5920 (3.5% from mid-rate)
To Amount (EUR)592.00
Total Cost:3.5%
Time:4:00 Local
Currency Services:Online order, Branch pickup, $10 fee for orders under $1000
Delivery/Collect:2-3 days
Rating:
 
: 4/5.0
Reviews:
 

Travel Money Oz logo

Travel Money Oz: Travel Money AUD→EUR
From Amount (AUD)A$1,000
Fee:A$0 AUD (0 BPay, Credit Card 1%)
Exchange Rate:0.5891 (3.98% from mid-rate)
To Amount (EUR)589.10
Total Cost:3.98%
Time:
Rate Fetched: 4:00 Local
Currency Services:Online order, Branch pickup
Delivery/Collect:3-5 days
Rating:
 
: 4.2/5.0
Reviews:
 

Travelex Online AU logo

Travelex Online AU: Travel Money AUD→EUR
From Amount (AUD)A$1,000
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:0.5889 (4.01% from mid-rate)
To Amount (EUR)588.90
Total Cost:4.01%
Time:
Rate Fetched: Fri Nov 22 2019 04:00:04 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

ANZ Bank logo

ANZ Bank: Travel Money AUD→EUR
From Amount (AUD)A$1,000
Fee:A$10 AUD (1%)
Exchange Rate:0.5927 (3.39% from mid-rate)
To Amount (EUR)586.77
Total Cost:4.36%
Time:
Rate Fetched: website - Fri Nov 22 2019 03:03:04 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 3/5.0
Reviews:
 

Bank of Melbourne logo

Bank of Melbourne: Travel Money AUD→EUR
From Amount (AUD)A$1,000
Fee:A$15 AUD (Minimum fee)
Exchange Rate:0.5920 (3.5% from mid-rate)
To Amount (EUR)583.12
Total Cost:4.95%
Time:
Rate Fetched: website - 4:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

BankSA logo

BankSA: Travel Money AUD→EUR
From Amount (AUD)A$1,000
Fee:A$15 AUD (Minimum fee)
Exchange Rate:0.5920 (3.5% from mid-rate)
To Amount (EUR)583.12
Total Cost:4.95%
Time:
Rate Fetched: website - 4:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Commonwealth Bank (CBA) logo

Commonwealth Bank (CBA): Travel Money AUD→EUR
From Amount (AUD)A$1,000
Fee:A$10 AUD (1%)
Exchange Rate:0.5888 (4.03% from mid-rate)
To Amount (EUR)582.91
Total Cost:4.99%
Time:
Rate Fetched: website - Fri Nov 22 2019 03:02:02 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
 

Banks - Average Rate

Travel Money AUD→EUR
From Amount (AUD)A$1,000
Fee:10
Exchange Rate:0.5831 (4.96% from mid-rate)
To Amount (EUR)580.91
Total Cost:5.31%
Currency Services:Branch
Delivery/Collect:-
 

St George Bank logo

St George Bank: Travel Money AUD→EUR
From Amount (AUD)A$1,000
Fee:A$15 AUD (Minimum fee)
Exchange Rate:0.5882 (4.12% from mid-rate)
To Amount (EUR)579.38
Total Cost:5.56%
Time:
Rate Fetched: website - 4:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 

Westpac logo

Westpac: Travel Money AUD→EUR
From Amount (AUD)A$1,000
Fee:A$10 AUD (1%)
Exchange Rate:0.5819 (5.15% from mid-rate)
To Amount (EUR)576.08
Total Cost:6.1%
Time:
Rate Fetched: website - Mon Apr 15 2019 01:04:04 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
 

National Australia Bank (nab) logo

National Australia Bank (nab): Travel Money AUD→EUR
From Amount (AUD)A$1,000
Fee:10
Exchange Rate:0.5808 (5.33% from mid-rate)
To Amount (EUR)574.99
Total Cost:6.28%
Time:
Rate Fetched: website - 4:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2.1/5.0
Reviews:
 
Snapshot 11/22/2019 - See full table

AUD to EUR Forecasts

Should Brexit clarity emerge in 2019, euro strength should follow and this would compound Aussie weakness, resulting in lower AUD/EUR rates.  Read more

AUDEUR blended flags

AUD and EUR in the Markets

When determining the best time to make a foreign exchange transaction, in this case the AUD vs EUR, you should pay attention to the recent market trends for both currencies.

Australian Dollar (AUD)

At the end of October the AUD surged to a three month high against the US dollar following the third rate cut in a year by the US Federal Reserve. The gains were mainly due to the fall in the US dollar after the market sensed that US rates are more likely to rise now than fall further.

The RBA also added to the positive sentiment with an optimistic assessment of easing risks from the US-China trade war and Brexit. Accordingly markets are pulling back from bets that the cash rate will drop to 0.5 per cent and the possible start of quantitative easing.

Interestingly, AUD has decoupled from commodity prices in 2019. The price of iron ore (Australia’s largest export) nears multi-year highs while AUD languishes.

Further RBA interest rate cuts this year are now a certainty, and that doesn’t bode well for currency valuations. Westpac has predicted three cuts this year.

Read more in the article AUD Forecasts.

 

Euro (EUR)

Euro sentiment dipped in mid-June after the ECB, like other major central banks of the world, ramped up its dovish rhetoric. It said that there was “considerable room” for further quantitative easing and that it would consider negative interest rates. Ordinarily, this would spark an extended euro decline but since other major currencies are also wrestling with easier central bank policies, euro depreciation may be contained.

In spite of Brexit, a slowdown in economic growth, Italian risks and persistently weak inflation — an important measure of inflation expectations fell in June to a record low — the euro did fantastically well against the Australian dollar, New Zealand dollar and British pound between mid-April and mid-June. Due to a stronger US dollar, EUR/USD was down 2 percent on the year at $1.12, close to long-term lows.

Read more in the article EUR Forecasts.

Why can't I just get the AUD/EUR market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the AUD / EUR was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

AUDEUR blended flags

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all AUD Exchange Rates