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AUD/EUR - Convert Compare Save

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.

 

This resource page for the Australian Dollar to Euro exchange rate, has news, forecasts and AUD to EUR comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

AUD/EUR Exchange Rates - How to Compare & Save

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
OFX (OzForex) logo
6,027 EUR
Best Overall
0.60270^0.9%
ANZ Bank logo
5,857.44 EUR
170 EUR
0.5868183.69%
Bank of Melbourne International Money Transfers
Bank of Melbourne logo
5,856.68 EUR
170 EUR
0.5869213.7%
BankSA International Money Transfers
BankSA logo
5,857.26 EUR
170 EUR
0.586920.013.7%
Bank of Queensland logo
5,833.45 EUR
194 EUR
0.5851304.09%
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
5,823 EUR
204 EUR
0.5834154.26%
National Australia Bank (nab) logo
5,812.19 EUR
215 EUR
0.5825224.44%
Westpac logo
5,807.36 EUR
220 EUR
0.5819204.52%
Commonwealth Bank (CBA) logo
5,786.53 EUR
240 EUR
0.5796 4.86%
St George Bank logo
5,772.43 EUR
255 EUR
0.5784205.09%
OFX (OzForex): Foreign Transfer AUD→EUR
AUD amount:$10,000 AUD
Fee:0^ - No fees for BestExchangeRates users (normally $15 for transfers over $10K)
Exchange Rate:0.6027 (0.9% from mid-rate)
EUR amount:6,027 EUR
Total Cost:0.9%
Time:
Rate Fetched: Tue Jun 18 2019 06:00:09 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
ANZ Bank: Foreign Transfer AUD→EUR
AUD amount:$10,000 AUD
Fee:18
Exchange Rate:0.5868 (3.52% from mid-rate)
EUR amount:5,857.44 EUR
Total Cost:3.69%
Difference:
170 EUR less than using OFX (OzForex)
Time:
Rate Fetched: website - Tue Jun 18 2019 05:03:04 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
Bank of Melbourne: Foreign Transfer AUD→EUR
AUD amount:$10,000 AUD
Fee:21
Exchange Rate:0.5869 (3.5% from mid-rate)
EUR amount:5,856.68 EUR
Total Cost:3.7%
Difference:
170 EUR less than using OFX (OzForex)
Time:
Rate Fetched: website - 8:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
BankSA: Foreign Transfer AUD→EUR
AUD amount:$10,000 AUD
Fee:20.01
Exchange Rate:0.5869 (3.5% from mid-rate)
EUR amount:5,857.26 EUR
Total Cost:3.7%
Difference:
170 EUR less than using OFX (OzForex)
Time:
Rate Fetched: website - 8:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Bank of Queensland: Foreign Transfer AUD→EUR
AUD amount:$10,000 AUD
Fee:30
Exchange Rate:0.5851 (3.8% from mid-rate)
EUR amount:5,833.45 EUR
Total Cost:4.09%
Difference:
194 EUR less than using OFX (OzForex)
Time:
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer AUD→EUR
AUD amount:$10,000 AUD
Fee:15
Exchange Rate:0.5976 (1.74% from mid-rate)
EUR amount:5,823 EUR
Total Cost:4.26%
Difference:
204 EUR less than using OFX (OzForex)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
National Australia Bank (nab): Foreign Transfer AUD→EUR
AUD amount:$10,000 AUD
Fee:22
Exchange Rate:0.5825 (4.23% from mid-rate)
EUR amount:5,812.19 EUR
Total Cost:4.44%
Difference:
215 EUR less than using OFX (OzForex)
Time:
Rate Fetched: website - Tue Jun 18 2019 05:05:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2.1/5.0
Reviews:
Westpac: Foreign Transfer AUD→EUR
AUD amount:$10,000 AUD
Fee:20
Exchange Rate:0.5819 (4.32% from mid-rate)
EUR amount:5,807.36 EUR
Total Cost:4.52%
Difference:
220 EUR less than using OFX (OzForex)
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:
Commonwealth Bank (CBA): Foreign Transfer AUD→EUR
AUD amount:$10,000 AUD
Fee:6
Exchange Rate:0.579 (4.8% from mid-rate)
EUR amount:5,786.53 EUR
Total Cost:4.86%
Difference:
240 EUR less than using OFX (OzForex)
Time:
Rate Fetched: website - Tue Jun 18 2019 06:02:01 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1.2/5.0
Reviews:
St George Bank: Foreign Transfer AUD→EUR
AUD amount:$10,000 AUD
Fee:20
Exchange Rate:0.5784 (4.9% from mid-rate)
EUR amount:5,772.43 EUR
Total Cost:5.09%
Difference:
255 EUR less than using OFX (OzForex)
Time:
Rate Fetched: website - 8:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 06/18/2019 - 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
Travelex Online AU logo
586.00 EUR
Best Overall
0.586$0 BPay, Card 0.72%-1%3.65%
Travel Money Oz logo
585.90 EUR
0.1 EUR
0.5859$0 BPay, Credit Card 1%3.67%
ANZ Bank logo
580.93 EUR
5.07 EUR
0.5868$104.48%
Bank of Melbourne Foreign Currency
Bank of Melbourne logo
578.10 EUR
7.9 EUR
0.5869$154.95%
BankSA Foreign Currency
BankSA logo
578.10 EUR
7.9 EUR
0.5869$154.95%
Westpac logo
576.08 EUR
9.92 EUR
0.5819$105.28%
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
575.39 EUR
11 EUR
0.5825105.39%
Commonwealth Bank (CBA) logo
574.00 EUR
12 EUR
0.5798$105.62%
St George Bank logo
570.51 EUR
15 EUR
0.5792$156.2%
National Australia Bank (nab) logo
570.04 EUR
16 EUR
0.5758106.27%
Travelex Online AU: Travel Money AUD→EUR
AUD amount:$1,000 AUD
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:0.586 (3.65% from mid-rate)
EUR amount:586.00 EUR
Total Cost:3.65%
Time:
Rate Fetched: Tue Jun 18 2019 08:00:05 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
Travel Money Oz: Travel Money AUD→EUR
AUD amount:$1,000 AUD
Fee:$0 BPay, Credit Card 1%
Exchange Rate:0.5859 (3.67% from mid-rate)
EUR amount:585.90 EUR
Total Cost:3.67%
Time:
Rate Fetched: Tue Jun 18 2019 08:00:07 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup
Delivery/Collect:3-5 days
Rating:
 
: 4.2/5.0
Reviews:
ANZ Bank: Travel Money AUD→EUR
AUD amount:$1,000 AUD
Fee:$10 AUD (1%)
Exchange Rate:0.5868 (3.52% from mid-rate)
EUR amount:580.93 EUR
Total Cost:4.48%
Time:
Rate Fetched: website - Tue Jun 18 2019 07:03:05 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 3/5.0
Reviews:
Bank of Melbourne: Travel Money AUD→EUR
AUD amount:$1,000 AUD
Fee:$15 AUD (Minimum fee)
Exchange Rate:0.5869 (3.5% from mid-rate)
EUR amount:578.10 EUR
Total Cost:4.95%
Time:
Rate Fetched: website - 8:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
BankSA: Travel Money AUD→EUR
AUD amount:$1,000 AUD
Fee:$15 AUD (Minimum fee)
Exchange Rate:0.5869 (3.5% from mid-rate)
EUR amount:578.10 EUR
Total Cost:4.95%
Time:
Rate Fetched: website - 8:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
Westpac: Travel Money AUD→EUR
AUD amount:$1,000 AUD
Fee:$10 AUD (1%)
Exchange Rate:0.5819 (4.32% from mid-rate)
EUR amount:576.08 EUR
Total Cost:5.28%
Time:
Rate Fetched: website - Mon Apr 15 2019 01:04:04 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
 

Banks - Average Rate

Travel Money AUD→EUR
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:0.5781 (4.95% from mid-rate)
EUR amount:575.39 EUR
Total Cost:5.39%
Currency Services:Branch
Delivery/Collect:-
Commonwealth Bank (CBA): Travel Money AUD→EUR
AUD amount:$1,000 AUD
Fee:$10 AUD (1%)
Exchange Rate:0.5798 (4.67% from mid-rate)
EUR amount:574.00 EUR
Total Cost:5.62%
Time:
Rate Fetched: website - Tue Jun 18 2019 08:02:02 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
St George Bank: Travel Money AUD→EUR
AUD amount:$1,000 AUD
Fee:$15 AUD (Minimum fee)
Exchange Rate:0.5792 (4.77% from mid-rate)
EUR amount:570.51 EUR
Total Cost:6.2%
Time:
Rate Fetched: website - 8:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
National Australia Bank (nab): Travel Money AUD→EUR
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:0.5758 (5.33% from mid-rate)
EUR amount:570.04 EUR
Total Cost:6.27%
Time:
Rate Fetched: website - 8:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2.1/5.0
Reviews:
 
Snapshot 06/18/2019 - See full table

AUD to EUR interbank exchange rate = 0.6113

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on AUD/EUR exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

AUD to EUR Forecasts

Euro strength will likely follow a conclusion to Brexit, expected sometime in the second half of 2019, and will compound Aussie weakness.  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)

In late May the Australian dollar stabilized after a shocking mid-April to mid-May period, during which it suffered across-the-board losses, including losses worth 5 percent against the US dollar. May’s closing exchange rate of US69.3¢ keeps the Aussie near long-term lows, but it’s an improvement on May-17's rate of 68.7¢ — its lowest weekly closing rate since early 2016.

A stuttering domestic economy and elevated US-China trade tensions (which threaten commodities demand and risk appetite) have driven the Aussie lower.

In an effort to support economic growth and boost inflation, which remains well below target, Australia's central bank cut interest rates in early June, and is expected to do so at least once more this year, making the Australian dollar susceptible to yield-chasing capital outflows.

Read more in the article AUD Forecasts.

 

Euro (EUR)

Against the US dollar, the euro struck a 2-year low of $1.111 on May-23, though that mostly reflected the greenback's broad-based strength.

Against the pound, the euro set a record 14-day winning streak in May, and is now near 3-month highs at £0.882; it was also strong against the Australian dollar, at A$1.617.

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