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  1. Exchange Rates
  2. Australian dollar (AUD)
  3. Euro (EUR)

Convert AUD to EUR at Best Exchange Rates

Use this two-way calculator and chart to calculate amounts in either Australian dollar or 1000 using the real-time AUD/EUR market mid-rate. Then choose your transaction type Foreign Transfer Travel Money to see the available exchange rates and reviews for our leading foreign exchange providers.

AUD to EUR mid-rate calculator

$
1 AUD equals
EUR 1AUD=EUR


Compare rates for: Foreign Transfers    Travel Money

Get fee-free global money transfers with our partner OFX
Loading AUD/EUR Chart

Australian dollar to Euro - historic rates


There are three important types of information that you need to know if you are to have any chance of getting the best possible AUD / EUR rate :

  1. Market AUD to EUR mid-rate - the starting point.
  2. Transaction costs, these include exchange rate margins plus various types of fees. These margin and fee costs vary for Foreign Transfers and Travel Money transactions.
  3. Up-to-date Currency News, Research and Forecasts for Australian dollar and Euro.

1. Market AUD/EUR mid-rate

Right now the AUD/EUR market rate is and represents how many Euro you can get for one Australian dollar.

The AUD/EUR mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the AUD / EUR was traded (bought or sold) in the international markets.

1 Australian dollar equals
Euro 1=

You can calculate with the current mid-rate using our AUD to EUR calculator below but note the rate will most likely be quite different by the time you make you currency exchange.


2. Transaction Costs - Margins and Fees for AUD/EUR Foreign Exchange

The transaction margin from the mid-rate you will be charged by your bank or foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.

AUD to EUR Foreign Transfer - Costs Compared

You can see a sample of the margins from mid-rate in the table below which shows an example of the costs charged by FX specialist and the average bank rate when sending money transfers from AUD to EUR.

Sending a LARGER international money transfer? Request a Free Multi-Vendor Quote

Compare Foreign Transfers

Sending AUD 10,000 to EUR

 OFX
1AUD=0.6136EUR
€6136.00 EUR (1.49%)
Book & track your foreign transfers online (24/7) with industry best rates for all your deals - not just the first one! Lock in exchange rates with Spot & Forward Deals. BestExchangeRates users get the transfer fees waived.
Price Details
Receive: €6136.00 EUR
Exchange Rate: 0.6136
(Inverse 1EUR=AUD 1.6297)
Fees: AUD 0
Total Cost : 1.49% (from mid-rate: 0.6229)
This is the amount of money that could be received by your transfer at rate AUD/EUR=0.6136 and inclusive of the fee of AUD 0.
Rate timestamp : Mon Apr 23 2018 19:00:08 GMT+0000 (UTC)
 ANZ Bank
1AUD=0.6012EUR
€6001.18 EUR (3.66%)
Rate available to ANZ Online Banking customers only. Fee for transfers via ANZ Internet Banking is $18 (or $12 if the transfer is over $AUD10,000) in ANZ Foreign Exchange Centre or via ANZ Phone Banking fee is $32.
Price Details
Receive: €6001.18 EUR
Exchange Rate: 0.6012
(Inverse 1EUR=AUD 1.6633)
Fees: AUD 18
Total Cost : 3.66% (from mid-rate: 0.6229)
Receive EUR €135 less than with   OFX
This is the amount of money that could be received by your transfer at rate AUD/EUR=0.6012 and inclusive of the fee of AUD 18.
Rate timestamp : Mon Apr 23 2018 19:03:04 GMT+0000 (UTC)
 Bank of Queensland
1AUD=0.5992EUR
€5974.02 EUR (4.09%)
Rate available to Bank of Queensland Online Banking customers only.
Price Details
Receive: €5974.02 EUR
Exchange Rate: 0.5992
(Inverse 1EUR=AUD 1.6689)
Fees: AUD 30
Total Cost : 4.09% (from mid-rate: 0.6229)
Receive EUR €162 less than with   OFX
This is the amount of money that could be received by your transfer at rate AUD/EUR=0.5992 and inclusive of the fee of AUD 30.
 Commonwealth Bank
1AUD=0.592EUR
€5916.45 EUR (5.02%)
Rate available to Commonwealth Bank Online Banking customers only.
Price Details
Receive: €5916.45 EUR
Exchange Rate: 0.5920
(Inverse 1EUR=AUD 1.6892)
Fees: AUD 6
Total Cost : 5.02% (from mid-rate: 0.6229)
Receive EUR €220 less than with   OFX
This is the amount of money that could be received by your transfer at rate AUD/EUR=0.592 and inclusive of the fee of AUD 6 .
Rate timestamp : Mon Apr 23 2018 19:02:02 GMT+0000 (UTC)
Bank Rates - Average
               
1AUD=0.5924EUR
€5911.99 EUR (5.09%)
This is the average AUD to EUR International Transfer exchange rate and fees from multiple banks for FX rates available over the counter and also via Internet Banking.

 
Price Details
Receive: €5911.99 EUR
Exchange Rate: 0.6075
(Inverse 1EUR=AUD 1.6461)
Fees: AUD 15
Total Cost : 5.09% (from mid-rate: 0.6229)
Receive EUR €224 less than with   OFX
This is the amount of money that could be received by your transfer at rate AUD/EUR=0.5924 and inclusive of the fee of AUD 15.
 Westpac
1AUD=0.5919EUR
€5907.16 EUR (5.17%)
Rate available to Westpac Online Banking customers only.
Price Details
Receive: €5907.16 EUR
Exchange Rate: 0.5919
(Inverse 1EUR=AUD 1.6895)
Fees: AUD 20
Total Cost : 5.17% (from mid-rate: 0.6229)
Receive EUR €229 less than with   OFX
This is the amount of money that could be received by your transfer at rate AUD/EUR=0.5919 and inclusive of the fee of AUD 20.
 St George Bank
1AUD=0.5914EUR
€5902.17 EUR (5.25%)
Rate available to St George Bank Online Banking customers only.
Price Details
Receive: €5902.17 EUR
Exchange Rate: 0.5914
(Inverse 1EUR=AUD 1.6909)
Fees: AUD 20
Total Cost : 5.25% (from mid-rate: 0.6229)
Receive EUR €234 less than with   OFX
This is the amount of money that could be received by your transfer at rate AUD/EUR=0.5914 and inclusive of the fee of AUD 20.
 Bank of Melbourne
1AUD=0.5886EUR
€5873.64 EUR (5.7%)
Rate available to Bank of Melbourne Online Banking customers only.
 
Price Details
Receive: €5873.64 EUR
Exchange Rate: 0.5886
(Inverse 1EUR=AUD 1.6989)
Fees: AUD 21
Total Cost : 5.7% (from mid-rate: 0.6229)
Receive EUR €262 less than with   OFX
This is the amount of money that could be received by your transfer at rate AUD/EUR=0.5886 and inclusive of the fee of AUD 21.
 BankSA
1AUD=0.5886EUR
€5874.22 EUR (5.7%)
Rate available to BankSA Online Banking customers only.
 
Price Details
Receive: €5874.22 EUR
Exchange Rate: 0.5886
(Inverse 1EUR=AUD 1.6989)
Fees: AUD 20.01
Total Cost : 5.7% (from mid-rate: 0.6229)
Receive EUR €262 less than with   OFX
This is the amount of money that could be received by your transfer at rate AUD/EUR=0.5886 and inclusive of the fee of AUD 20.01.
 NAB
1AUD=0.586EUR
€5847.11 EUR (6.13%)
Rate available to National Australia Bank online banking customers only.
Price Details
Receive: €5847.11 EUR
Exchange Rate: 0.5860
(Inverse 1EUR=AUD 1.7065)
Fees: AUD 22
Total Cost : 6.13% (from mid-rate: 0.6229)
Receive EUR €289 less than with   OFX
This is the amount of money that could be received by your transfer at rate AUD/EUR=0.586 and inclusive of the fee of AUD 22.

Travel Money AUD to EUR - Costs Compared

The below table shows an example of the margins and possible savings when you order travel money online with a currency specialist versus the average bank, kiosk or post office rate to buy foreign cash.

Travel Money Exchange Rates Compared

Buying EUR Cash with AUD 2,000

 Travelex Online
1AUD=0.5999EUR
€1199.80 EUR (3.69%)
Click here to order Travel Money and the Pre-paid Cash Passport with $0 commission and great exchange rates only available online. Home delivery or pickup your cash at your local Travelex store, Post Office, HSBC branch or conveniently at the airport on departure day.
* Orders paid for via BPAY incur no additional fees. Card (debit or credit) will incur a card surcharge; MasterCard (debit) 0.77%, MasterCard (credit) 0.94%, Visa (debit) 0.72% and Visa (credit) 1%. In addition, for Credit Card purchases, your card issuer may charge a separate cash advance fee. For Australia post collection and home delivery orders under $AUD1,000 a $10 collection fee applies.
Price Details
Receive: €1199.80 EUR
Exchange Rate: 0.5999
(Inverse 1EUR=AUD 1.6669)
Fees: 0
Total Cost : 3.69% (from mid-rate: 0.6229)
Amount of money that could be received by your currency exchange at rate AUD/EUR=0.5999 and inclusive of the fee of 0.
Rate timestamp : Mon Apr 23 2018 19:00:03 GMT+0000 (UTC)
 ANZ Bank
1AUD=0.6012EUR
€1190.38 EUR (4.45%)
Foreign currency cash is charged at 1% of the AUD equivalent value for each currency purchased, with a minimum charge of AUD 8 per currency.
Price Details
Receive: €1190.38 EUR
Exchange Rate: 0.6012
(Inverse 1EUR=AUD 1.6633)
Fees: AUD 20 (1%)
Total Cost : 4.45% (from mid-rate: 0.6229)
Receive EUR €9 less than with   Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/EUR=0.6012 and inclusive of the fee of AUD 20 (1%).
Rate timestamp : Mon Apr 23 2018 19:03:04 GMT+0000 (UTC)
 NAB
1AUD=0.587EUR
€1168.13 EUR (6.23%)
The NAB in-branch travel money service is provided by Travelex.
Price Details
Receive: €1168.13 EUR
Exchange Rate: 0.5870
(Inverse 1EUR=AUD 1.7036)
Fees: AUD 10
Total Cost : 6.23% (from mid-rate: 0.6229)
Receive EUR €32 less than with   Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/EUR=0.587 and inclusive of the fee of AUD 10.
 Commonwealth Bank
1AUD=0.5953EUR
€1178.69 EUR (5.39%)
Price Details
Receive: €1178.69 EUR
Exchange Rate: 0.5953
(Inverse 1EUR=AUD 1.6798)
Fees: AUD 20 (1%)
Total Cost : 5.39% (from mid-rate: 0.6229)
Receive EUR €21 less than with   Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/EUR=0.5953 and inclusive of the fee of AUD 20 (1%).
Rate timestamp : Mon Apr 23 2018 19:02:02 GMT+0000 (UTC)
 Westpac
1AUD=0.5952EUR
€1178.50 EUR (5.4%)
Price Details
Receive: €1178.50 EUR
Exchange Rate: 0.5952
(Inverse 1EUR=AUD 1.6801)
Fees: AUD 20 (1%)
Total Cost : 5.4% (from mid-rate: 0.6229)
Receive EUR €21 less than with   Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/EUR=0.5952 and inclusive of the fee of AUD 20 (1%).
 St George Bank
1AUD=0.5947EUR
€1177.51 EUR (5.48%)
Price Details
Receive: €1177.51 EUR
Exchange Rate: 0.5947
(Inverse 1EUR=AUD 1.6815)
Fees: AUD 20 (1%)
Total Cost : 5.48% (from mid-rate: 0.6229)
Receive EUR €22 less than with   Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/EUR=0.5947 and inclusive of the fee of AUD 20 (1%).
 Bank of Melbourne
1AUD=0.5886EUR
€1165.43 EUR (6.45%)
Please check with the BOM in-branch travel money service for their latest rates.
 
Price Details
Receive: €1165.43 EUR
Exchange Rate: 0.5886
(Inverse 1EUR=AUD 1.6989)
Fees: AUD 20 (1%)
Total Cost : 6.45% (from mid-rate: 0.6229)
Receive EUR €34 less than with   Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/EUR=0.5886 and inclusive of the fee of AUD 20 (1%).
 BankSA
1AUD=0.5886EUR
€1165.43 EUR (6.45%)
 
Price Details
Receive: €1165.43 EUR
Exchange Rate: 0.5886
(Inverse 1EUR=AUD 1.6989)
Fees: AUD 20 (1%)
Total Cost : 6.45% (from mid-rate: 0.6229)
Receive EUR €34 less than with   Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/EUR=0.5886 and inclusive of the fee of AUD 20 (1%).
Bank Rates - Average
             
1AUD=0.5929EUR
€1174.87 EUR (5.69%)
This is the average AUD to EUR Buy Foreign Cash exchange rate from multiple banks, exchange kiosks and post-offices, available over the counter and via the internet.

 
Price Details
Receive: €1174.87 EUR
Exchange Rate: 0.5894
(Inverse 1EUR=AUD 1.6966)
Fees: AUD 10
Total Cost : 5.69% (from mid-rate: 0.6229)
Receive EUR €25 less than with   Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/EUR=0.5929 and inclusive of the fee of AUD 10.
Rates snapshot: 04/23/2018

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 comparison calculators make shopping around easy and help you calculate how much you can save.

Why can't I just get the same AUD/EUR market rate I see on Google or in the Media?

When you look up the current Australian dollar to Euro exchange rate on the web the figure you find quoted on sites like google or mentioned on TV is commonly referred to as the mid-market rate.

AUD to EUR mid-rate on google

AUD to EUR mid-rate on google search

Getting a great AUD to EUR mid-market rate is all about timing, so unless you are able to wait, watch and time the market this is largely beyond your control. This rate will go up and down with varying amounts of volatility depending on the currency pair.

This mid-market rate is really only a reference and is just the starting point for calculating the actual rate you will get for your transaction, luckily we can also use this same rate to determine how good a deal a rate that a provider offers you actually is.

You can use the below AUD to EUR calculator to convert currency amounts using the latest mid-market exchange rates. Then choose your transaction type for specific Australian dollar cross rates and reviews of leading foreign exchange providers versus the Banks.


3. Currency News, Research and Forecasts for Australian dollar and Euro

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency is always determined quoted in comparison to another currency.

So it follows that if you are determining the best time to transact, in this case the AUD vs EUR, you should pay attention to both Australian dollar and Euro news and forecasts.

Australian dollar (AUD) - Market news and forecasts

The Australian dollar took a hit in February and March, during which it gave up 4% of its value against the US dollar, and it continues to struggle in April.

In the third week of April, a rather dovish set of RBA meeting minutes eliminated gains made during a modest recovery period earlier in the month and the Aussie was once again in the mid-0.76s versus USD – it had been as high as 0.813 in January – and was close to long-term lows against the euro, in the low 0.62s.

Over the medium term, the Australian dollar is likely to receive support from commodities, which will continue to rally according to a PIMCO analyst. Speaking in April, the analyst said that commodities “would shine” given the transition to an environment in which low and stable inflation is preferable.

Any support lent by commodities will, however, be offset by a central bank that sees little reason for a near-term increase in interest rates and by uncertainties surrounding a potential US-China trade war. Trade tensions were at least eased when at the Boao Forum in April, Chinese President Xi Jinping spoke of the need to ease tariffs and further open up China’s economy.

In March, the median estimate of analysts polled by Reuters had AUD/USD at 0.78 at year-end.

Euro (EUR) - Market news and forecasts

The euro was stable in the first quarter of 2018, during which it gained a few percentage points against the dollar, lost as much against the yen and lost out marginally against the pound. The euro did best against growth-sensitive G10 currencies, most notably the Australian dollar, Canadian dollar and Swedish krona.

The most active euro pair, EUR/USD, met resistance at the important 1.25 level in January, February and March, and had fallen back into the mid-1.22s by early April.

Against sterling, a break below 0.87 in the coming weeks could be significant, being that this level held up price in four consecutive months between December and March. In early April, prices were again threatening the level.

Entering 2018, year-end forecasts for EUR/USD ranged between 1.15 and 1.3, and for EUR/GBP, between 0.86 and 0.95.

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