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

Convert AUD to EUR at Best Exchange Rates

1 Australian dollar equals
Euro 1AUD=EUR

There are three simple steps you need to take in order to get a good AUD-EUR exchange rate:

  1. Know the latest AUD to EUR market mid-rate shown above - this is your starting point!
  2. Compare your Bank's exchange rates to several licensed FX providers, remember to compare both the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the Australian dollar and Euro currencies, if available.

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.

Calculate equivalent currency amounts with this AUD to EUR currency converter then select the transaction type to compare the best exchange rates available.


Currency Converter AUD to EUR

$
1 AUD equals
EUR 1AUD=EUR

See how much you can save on exchange rates for :

Foreign Transfers    Travel Money

Get fee-free global money transfers with our partner OFX
1 Week AUD/EUR Chart
AUD-EUR 1 Week chart

Australian dollar to Euro (AUD-EUR) - 10 Year History

DateExchange RatePeriodChange
18 Jun 20180.6390Latest
11 Jun 20180.64591 Week-1.07%
19 May 20180.63711 Month+0.3%
20 Dec 20170.64596 Months-1.07%
18 Jun 20170.68011 Year-6.04%
18 Jun 20160.65592 Years-2.58%
19 Jun 20130.70085 Years-8.82%
20 Jun 20080.610710 Years+4.63%

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.

The closer your final exchange rate is to the market / midrate the better deal you are getting.

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 logo OFX
1AUD=0.6312EUR
€6312.00 EUR (0.91%)
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: €6312.00 EUR
Exchange Rate: 0.6312
(Inverse 1EUR=AUD 1.5843)
Fees: AUD 0
Total Cost : 0.91% (from mid-rate: 0.6370)
This is the amount of money that could be received by your transfer at rate AUD/EUR=0.6312 and inclusive of the fee of AUD 0.
Rate timestamp : Tue Jun 19 2018 14:00:09 GMT+0000 (UTC)
ANZ Bank logo ANZ Bank
1AUD=0.6135EUR
€6123.96 EUR (3.86%)
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: €6123.96 EUR
Exchange Rate: 0.6135
(Inverse 1EUR=AUD 1.6300)
Fees: AUD 18
Total Cost : 3.86% (from mid-rate: 0.6370)
Receive EUR €188 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate AUD/EUR=0.6135 and inclusive of the fee of AUD 18.
Rate timestamp : Tue Jun 19 2018 14:03:04 GMT+0000 (UTC)
Bank of Queensland logo Bank of Queensland
1AUD=0.6128EUR
€6109.62 EUR (4.09%)
Rate available to Bank of Queensland Online Banking customers only.
Price Details
Receive: €6109.62 EUR
Exchange Rate: 0.6128
(Inverse 1EUR=AUD 1.6319)
Fees: AUD 30
Total Cost : 4.09% (from mid-rate: 0.6370)
Receive EUR €202 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate AUD/EUR=0.6128 and inclusive of the fee of AUD 30.
Commonwealth Bank logo Commonwealth Bank
1AUD=0.6058EUR
€6054.37 EUR (4.95%)
Rate available to Commonwealth Bank Online Banking customers only.
Price Details
Receive: €6054.37 EUR
Exchange Rate: 0.6058
(Inverse 1EUR=AUD 1.6507)
Fees: AUD 6
Total Cost : 4.95% (from mid-rate: 0.6370)
Receive EUR €258 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate AUD/EUR=0.6058 and inclusive of the fee of AUD 6 .
Rate timestamp : Tue Jun 19 2018 14:02:02 GMT+0000 (UTC)
Bank Rates - Average
ANZ Bank logo  Commonwealth Bank logo  St George Bank logo  Westpac logo  Bank of Queensland logo  NAB logo  Bank of Melbourne logo  BankSA logo 
1AUD=0.6063EUR
€6051.10 EUR (5.01%)
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: €6051.10 EUR
Exchange Rate: 0.6255
(Inverse 1EUR=AUD 1.5987)
Fees: AUD 15
Total Cost : 5.01% (from mid-rate: 0.6370)
Receive EUR €261 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate AUD/EUR=0.6063 and inclusive of the fee of AUD 15.
Westpac logo Westpac
1AUD=0.6057EUR
€6044.89 EUR (5.1%)
Rate available to Westpac Online Banking customers only.
Price Details
Receive: €6044.89 EUR
Exchange Rate: 0.6057
(Inverse 1EUR=AUD 1.6510)
Fees: AUD 20
Total Cost : 5.1% (from mid-rate: 0.6370)
Receive EUR €267 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate AUD/EUR=0.6057 and inclusive of the fee of AUD 20.
St George Bank logo St George Bank
1AUD=0.6052EUR
€6039.90 EUR (5.18%)
Rate available to St George Bank Online Banking customers only.
Price Details
Receive: €6039.90 EUR
Exchange Rate: 0.6052
(Inverse 1EUR=AUD 1.6523)
Fees: AUD 20
Total Cost : 5.18% (from mid-rate: 0.6370)
Receive EUR €272 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate AUD/EUR=0.6052 and inclusive of the fee of AUD 20.
NAB logo NAB
1AUD=0.6034EUR
€6020.73 EUR (5.48%)
Rate available to National Australia Bank online banking customers only.
Price Details
Receive: €6020.73 EUR
Exchange Rate: 0.6034
(Inverse 1EUR=AUD 1.6573)
Fees: AUD 22
Total Cost : 5.48% (from mid-rate: 0.6370)
Receive EUR €291 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate AUD/EUR=0.6034 and inclusive of the fee of AUD 22.
BankSA logo BankSA
1AUD=0.602EUR
€6007.95 EUR (5.68%)
Rate available to BankSA Online Banking customers only.
 
Price Details
Receive: €6007.95 EUR
Exchange Rate: 0.6020
(Inverse 1EUR=AUD 1.6611)
Fees: AUD 20.01
Total Cost : 5.68% (from mid-rate: 0.6370)
Receive EUR €304 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate AUD/EUR=0.602 and inclusive of the fee of AUD 20.01.
Bank of Melbourne logo Bank of Melbourne
1AUD=0.602EUR
€6007.36 EUR (5.69%)
Rate available to Bank of Melbourne Online Banking customers only.
 
Price Details
Receive: €6007.36 EUR
Exchange Rate: 0.6020
(Inverse 1EUR=AUD 1.6611)
Fees: AUD 21
Total Cost : 5.69% (from mid-rate: 0.6370)
Receive EUR €305 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate AUD/EUR=0.602 and inclusive of the fee of AUD 21.

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 logo Travelex Online
1AUD=0.612EUR
€1224.00 EUR (3.92%)
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: €1224.00 EUR
Exchange Rate: 0.6120
(Inverse 1EUR=AUD 1.6340)
Fees: 0
Total Cost : 3.92% (from mid-rate: 0.6370)
Amount of money that could be received by your currency exchange at rate AUD/EUR=0.612 and inclusive of the fee of 0.
Rate timestamp : Tue Jun 19 2018 14:00:04 GMT+0000 (UTC)
ANZ Bank logo ANZ Bank
1AUD=0.6135EUR
€1214.73 EUR (4.65%)
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: €1214.73 EUR
Exchange Rate: 0.6135
(Inverse 1EUR=AUD 1.6300)
Fees: AUD 20 (1%)
Total Cost : 4.65% (from mid-rate: 0.6370)
Receive EUR €9 less than with  Travelex Online logo Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/EUR=0.6135 and inclusive of the fee of AUD 20 (1%).
Rate timestamp : Tue Jun 19 2018 14:03:04 GMT+0000 (UTC)
NAB logo NAB
1AUD=0.5989EUR
€1191.81 EUR (6.45%)
The NAB in-branch travel money service is provided by Travelex.
Price Details
Receive: €1191.81 EUR
Exchange Rate: 0.5989
(Inverse 1EUR=AUD 1.6697)
Fees: AUD 10
Total Cost : 6.45% (from mid-rate: 0.6370)
Receive EUR €32 less than with  Travelex Online logo Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/EUR=0.5989 and inclusive of the fee of AUD 10.
Commonwealth Bank logo Commonwealth Bank
1AUD=0.6077EUR
€1203.25 EUR (5.55%)
Price Details
Receive: €1203.25 EUR
Exchange Rate: 0.6077
(Inverse 1EUR=AUD 1.6455)
Fees: AUD 20 (1%)
Total Cost : 5.55% (from mid-rate: 0.6370)
Receive EUR €21 less than with  Travelex Online logo Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/EUR=0.6077 and inclusive of the fee of AUD 20 (1%).
Rate timestamp : Tue Jun 19 2018 14:02:02 GMT+0000 (UTC)
Westpac logo Westpac
1AUD=0.6076EUR
€1203.05 EUR (5.57%)
Price Details
Receive: €1203.05 EUR
Exchange Rate: 0.6076
(Inverse 1EUR=AUD 1.6458)
Fees: AUD 20 (1%)
Total Cost : 5.57% (from mid-rate: 0.6370)
Receive EUR €21 less than with  Travelex Online logo Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/EUR=0.6076 and inclusive of the fee of AUD 20 (1%).
St George Bank logo St George Bank
1AUD=0.6071EUR
€1202.06 EUR (5.65%)
Price Details
Receive: €1202.06 EUR
Exchange Rate: 0.6071
(Inverse 1EUR=AUD 1.6472)
Fees: AUD 20 (1%)
Total Cost : 5.65% (from mid-rate: 0.6370)
Receive EUR €22 less than with  Travelex Online logo Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/EUR=0.6071 and inclusive of the fee of AUD 20 (1%).
Bank of Melbourne logo Bank of Melbourne
1AUD=0.602EUR
€1191.96 EUR (6.44%)
Please check with the BOM in-branch travel money service for their latest rates.
 
Price Details
Receive: €1191.96 EUR
Exchange Rate: 0.6020
(Inverse 1EUR=AUD 1.6611)
Fees: AUD 20 (1%)
Total Cost : 6.44% (from mid-rate: 0.6370)
Receive EUR €32 less than with  Travelex Online logo Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/EUR=0.602 and inclusive of the fee of AUD 20 (1%).
BankSA logo BankSA
1AUD=0.602EUR
€1191.96 EUR (6.44%)
 
Price Details
Receive: €1191.96 EUR
Exchange Rate: 0.6020
(Inverse 1EUR=AUD 1.6611)
Fees: AUD 20 (1%)
Total Cost : 6.44% (from mid-rate: 0.6370)
Receive EUR €32 less than with  Travelex Online logo Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/EUR=0.602 and inclusive of the fee of AUD 20 (1%).
Bank Rates - Average
ANZ Bank logo  Commonwealth Bank logo  St George Bank logo  Westpac logo  NAB logo  Bank of Melbourne logo  BankSA logo 
1AUD=0.6055EUR
€1199.83 EUR (5.82%)
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: €1199.83 EUR
Exchange Rate: 0.6013
(Inverse 1EUR=AUD 1.6631)
Fees: AUD 10
Total Cost : 5.82% (from mid-rate: 0.6370)
Receive EUR €24 less than with  Travelex Online logo Travelex Online
Amount of money that could be received by your currency exchange at rate AUD/EUR=0.6055 and inclusive of the fee of AUD 10.

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 our AUD to EUR currency converter to calculate equivalent amounts in each currency 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 could slump more than 10 percent against the US dollar into the "mid-60 cents" region within twelve months, said a senior money manager in June. Given RBA Governor Philip Lowe’s insistence that “there is no strong case for a near-term adjustment in monetary policy,” there is little incentive for investors to hold AUD instead of USD (which will benefit from future Fed hikes), the money manager believes.

A fall to 65 US cents (at 74.4 cents in mid-June ’18) would take AUD back to financial crisis levels last seen in early 2009.

Also pessimistic on the Australian dollar are Westpac and ANZ. Westpac have forecast AUD at 72 US cents in mid-2019 and ANZ have advised clients to “sell the [AUD] rallies.”

Technically, the outlook for AUD/USD remains poor. Longer-term charts show AUD/USD breaking from an upwards trend channel and meaningful psychological support won't be in play until the 70 cents handle.

Against the New Zealand dollar, AUD fell 2 percent in the weeks leading up to this report to N$1.072; however, a bird’s eye view shows AUD/NZD drifting sideways for the past 3 ½ years.

Euro (EUR) - Market news and forecasts

On June 14th, the euro had one of its worst days in recent memory after the ECB signalled it would leave interest rates unchanged at 0.0 percent until the latter stages of 2019. A day later (the day of this report), the euro was trading in the mid-$1.15s versus the dollar and looked set to lose more of its value (earlier in the year it had traded in the mid-$1.25s), and had fallen towards the bottom end of its long-term trading range against the pound, at £0.873.

The ECB did at least announce it would phase out quantitative easing in Europe, which kept the euro’s losses within reasonable limits. QE will be terminated at the end of the year.

Goldman Sachs described the June ECB meeting as a “material negative for the euro.”

Prior to the ECB decision, Danske Bank had estimated a median price for EUR/USD in H2 2018 of 1.18; the bank saw a return to the 1.20s as unlikely in the near term (that's almost certain after the ECB meeting). Danske had predicted a “foot-dragging” ECB that would be “reactive rather than active.”


Best Exchange Rates - Compare & Save

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