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AUD to EUR

Australian Dollar to Euro - Calculate Compare Save

AUD to EUR mid-rate = 0.6168

Right now the AUD/EUR market mid-rate is 0.6168 and represents ideally how many Euro you can get for one Australian Dollar.

You can calculate equivalent Australian Dollar to Euro currency amounts (at mid-rate) below. Then select the transaction type to compare the best exchange rates available for AUD to EUR transfers or buying EUR travel money.

 

Currency Converter AUD to EUR


$AUD


€EUR
1 Australian Dollar equals
0.6168 Euro
1EUR= 1.6212 AUD

Compare how much you can save on exchange rates for:

Foreign Transfers    Travel Cash/Cards

Get fee-free global transfers with partner OFX


3 Month AUD/EUR Chart
AUD-EUR 3 Month chart

Australian Dollar

Euro

1 AUD 0.6168 EUR
5 AUD 3.0840 EUR
10 AUD 6.1680 EUR
20 AUD 12.34 EUR
50 AUD 30.84 EUR
100 AUD 61.68 EUR
250 AUD 154.20 EUR
500 AUD 308.40 EUR
1,000 AUD 616.80 EUR
2,000 AUD 1,233.60 EUR
5,000 AUD 3,084.00 EUR
10,000 AUD 6,168.00 EUR
50,000 AUD 30,840.00 EUR

Australian Dollar

Euro

1.6212 AUD 1 EUR
8.1060 AUD 5 EUR
16.21 AUD 10 EUR
32.42 AUD 20 EUR
81.06 AUD 50 EUR
162.12 AUD 100 EUR
405.30 AUD 250 EUR
810.60 AUD 500 EUR
1,621.20 AUD 1,000 EUR
3,242.40 AUD 2,000 EUR
8,106.00 AUD 5,000 EUR
16,212.00 AUD 10,000 EUR
81,060.00 AUD 50,000 EUR

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

The below table shows the historic variation in the AUD/EUR exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour.

DateExchange RatePeriodChange
22 Oct 20180.6179Latest
15 Oct 20180.61611 Week+0.29%
22 Sep 20180.62051 Month-0.42%
25 Apr 20180.62196 Months-0.64%
22 Oct 20170.66411 Year-6.96%
22 Oct 20160.69902 Years-11.6%
23 Oct 20130.69885 Years-11.58%
24 Oct 20080.490410 Years+26%

The three things you need in order to get a good AUD to EUR exchange rate

  1. Know the latest AUD/EUR market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare 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 and currencies, if available.

Transaction Costs - Margins and Fees for AUD/EUR Transfers and Currency 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.

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.

Compare Foreign Transfers vs the Banks

Send AUD $10,000 → Receive EUR

ProviderReceive Amount EURExchange RateCostReviewsLinks to Offers
OFX logoOFX
€6108.00 EUR0.61080.92%
 
HSBC logoHSBC
€5980.02 EUR0.59893%
Citibank logoCitibank
€5925.88 EUR0.59333.88%
ANZ Bank logoANZ Bank
€5922.32 EUR0.59333.94%
 
Bank of Queensland logoBank of Queensland
€5913.21 EUR0.59314.08%
 
NAB logoNAB
€5888.02 EUR0.59014.49%
 
Banks - Average Rate
NAB logo Westpac logo ANZ Bank logo Commonwealth Bank logo St George Bank logo Citibank logo Bank of Queensland logo HSBC logo Bank of Melbourne logo BankSA logo
€5873.77 EUR0.58854.72%
Commonwealth Bank logoCommonwealth Bank
€5843.49 EUR0.58475.22%
 
St George Bank logoSt George Bank
€5829.32 EUR0.58415.44%
 
BankSA logoBankSA
€5814.34 EUR0.58265.69%
Bank of Melbourne logoBank of Melbourne
€5813.77 EUR0.58265.7%
Westpac logoWestpac
€5807.36 EUR0.58195.8%
 
 
OFX: rate, rating & reviews
From amount:$10,000 AUD
To amount:€6108.00 EUR
Exchange Rate:0.6108
Total Cost:0.92% (against AUD/EUR mid-rate: 0.6165)
Timestamp:
Rate Fetched: Tue Oct 23 2018 00:00:09 GMT+0000 (UTC)
Rating:
 
: 4.8/5.0
Reviews:
HSBC: rate, rating & reviews
From amount:$10,000 AUD
To amount:€5980.02 EUR
Exchange Rate:0.5989
Total Cost:3% (against AUD/EUR mid-rate: 0.6165)
Difference:
€128 EUR less than using OFX
Timestamp:
Rating:
: /5.0
Reviews:
Citibank: rate, rating & reviews
From amount:$10,000 AUD
To amount:€5925.88 EUR
Exchange Rate:0.5933
Total Cost:3.88% (against AUD/EUR mid-rate: 0.6165)
Difference:
€182 EUR less than using OFX
Timestamp:
Rating:
: /5.0
Reviews:
ANZ Bank: rate, rating & reviews
From amount:$10,000 AUD
To amount:€5922.32 EUR
Exchange Rate:0.5933
Total Cost:3.94% (against AUD/EUR mid-rate: 0.6165)
Difference:
€186 EUR less than using OFX
Timestamp:
Rate Fetched: website - Mon Oct 22 2018 23:03:04 GMT+0000 (UTC)
Rating:
 
: 3/5.0
Reviews:
Bank of Queensland: rate, rating & reviews
From amount:$10,000 AUD
To amount:€5913.21 EUR
Exchange Rate:0.5931
Total Cost:4.08% (against AUD/EUR mid-rate: 0.6165)
Difference:
€195 EUR less than using OFX
Timestamp:
Rating:
 
: 3/5.0
Reviews:
 
NAB: rate, rating & reviews
From amount:$10,000 AUD
To amount:€5888.02 EUR
Exchange Rate:0.5901
Total Cost:4.49% (against AUD/EUR mid-rate: 0.6165)
Difference:
€220 EUR less than using OFX
Timestamp:
Rate Fetched: website - Mon Oct 22 2018 23:05:02 GMT+0000 (UTC)
Rating:
 
: 2.1/5.0
Reviews:
 

Banks - Average Rate
NAB logo Westpac logo ANZ Bank logo Commonwealth Bank logo St George Bank logo Citibank logo Bank of Queensland logo HSBC logo Bank of Melbourne logo BankSA logo

Banks - Average Rate :
From amount:$10,000 AUD
To amount:€5873.77 EUR
Exchange Rate:0.6056
Total Cost:4.72% (against AUD/EUR mid-rate: 0.6165)
Difference:
€234 EUR less than using OFX
Commonwealth Bank: rate, rating & reviews
From amount:$10,000 AUD
To amount:€5843.49 EUR
Exchange Rate:0.5847
Total Cost:5.22% (against AUD/EUR mid-rate: 0.6165)
Difference:
€265 EUR less than using OFX
Timestamp:
Rate Fetched: website - Tue Oct 23 2018 00:02:02 GMT+0000 (UTC)
Rating:
 
: 1.2/5.0
Reviews:
St George Bank: rate, rating & reviews
From amount:$10,000 AUD
To amount:€5829.32 EUR
Exchange Rate:0.5841
Total Cost:5.44% (against AUD/EUR mid-rate: 0.6165)
Difference:
€279 EUR less than using OFX
Timestamp:
Rate Fetched: website - 0:05 Local
Rating:
 
: 1/5.0
Reviews:
BankSA: rate, rating & reviews
From amount:$10,000 AUD
To amount:€5814.34 EUR
Exchange Rate:0.5826
Total Cost:5.69% (against AUD/EUR mid-rate: 0.6165)
Difference:
€294 EUR less than using OFX
Timestamp:
Rate Fetched: website - 0:05 Local
Rating:
: /5.0
Reviews:
Bank of Melbourne: rate, rating & reviews
From amount:$10,000 AUD
To amount:€5813.77 EUR
Exchange Rate:0.5826
Total Cost:5.7% (against AUD/EUR mid-rate: 0.6165)
Difference:
€294 EUR less than using OFX
Timestamp:
Rate Fetched: website - 0:05 Local
Rating:
: /5.0
Reviews:
Westpac: rate, rating & reviews
From amount:$10,000 AUD
To amount:€5807.36 EUR
Exchange Rate:0.5819
Total Cost:5.8% (against AUD/EUR mid-rate: 0.6165)
Difference:
€301 EUR less than using OFX
Timestamp:
Rate Fetched: website - Mon Oct 22 2018 23:04:05 GMT+0000 (UTC)
Rating:
 
: 2/5.0
Reviews:
 
Sending a LARGER foreign transfer? Request a free multiple-vendor quote: Get Quotes
* Cost = exchange rate margin + fees vs AUD/EUR mid-rate: 0.6165
Rates @ 10/23/2018

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.

Compare Travel Money Exchange Rates vs the Banks

AUD $1,000 → Spend Euro (EUR)

ProviderSpend Amount AUDExchange RateCostReviewsLinks to Offers
Travelex Online AU logoTravelex Online AU
€593.40 EUR
Top Provider
0.59343.75%
 
HSBC logoHSBC
€587.50 EUR
€5.9 less
0.58754.7%
ANZ Bank logoANZ Bank
€587.37 EUR
€6.03 less
0.59334.73%
 
Commonwealth Bank logoCommonwealth Bank
€580.04 EUR
€13 less
0.58595.91%
 
Banks - Average Rate
Westpac logo ANZ Bank logo Commonwealth Bank logo St George Bank logo Citibank logo HSBC logo NAB logo Bank of Melbourne logo BankSA logo
€578.91 EUR
€14 less
0.58516.1%
Citibank logoCitibank
€578.66 EUR
€15 less
0.58456.14%
St George Bank logoSt George Bank
€576.52 EUR
€17 less
0.58536.48%
 
NAB logoNAB
€576.28 EUR
€17 less
0.58216.52%
 
Westpac logoWestpac
€576.08 EUR
€17 less
0.58196.56%
 
Bank of Melbourne logoBank of Melbourne
€573.86 EUR
€20 less
0.58266.92%
BankSA logoBankSA
€573.86 EUR
€20 less
0.58266.92%
Travelex Online AU: rate, rating & reviews
From amount:$1,000 AUD
To amount:€593.40 EUR
Exchange Rate:0.5934
Total Cost:3.75% (against AUD/EUR mid-rate: 0.6165)
Fees:0
Timestamp:
Rate Fetched: Tue Oct 23 2018 00:00:04 GMT+0000 (UTC)
Rating:
 
: 4.3/5.0
Reviews:
HSBC: rate, rating & reviews
From amount:$1,000 AUD
To amount:€587.50 EUR
Exchange Rate:0.5875
Total Cost:4.7% (against AUD/EUR mid-rate: 0.6165)
Fees:$0
Timestamp:
Rating:
: /5.0
Reviews:
ANZ Bank: rate, rating & reviews
From amount:$1,000 AUD
To amount:€587.37 EUR
Exchange Rate:0.5933
Total Cost:4.73% (against AUD/EUR mid-rate: 0.6165)
Fees:$10
Timestamp:
Rate Fetched: website - Mon Oct 22 2018 23:03:04 GMT+0000 (UTC)
Rating:
 
: 3/5.0
Reviews:
Commonwealth Bank: rate, rating & reviews
From amount:$1,000 AUD
To amount:€580.04 EUR
Exchange Rate:0.5859
Total Cost:5.91% (against AUD/EUR mid-rate: 0.6165)
Fees:$10
Timestamp:
Rate Fetched: website - Tue Oct 23 2018 00:02:02 GMT+0000 (UTC)
Rating:
 
: 1.2/5.0
Reviews:
 

Banks - Average Rate
Westpac logo ANZ Bank logo Commonwealth Bank logo St George Bank logo Citibank logo HSBC logo NAB logo Bank of Melbourne logo BankSA logo

Banks - Average Rate :
From amount:$1,000 AUD
To amount:€578.91 EUR
Exchange Rate:0.5845
Total Cost:6.1% (against AUD/EUR mid-rate: 0.6165)
Fees:$10
Citibank: rate, rating & reviews
From amount:$1,000 AUD
To amount:€578.66 EUR
Exchange Rate:0.5845
Total Cost:6.14% (against AUD/EUR mid-rate: 0.6165)
Fees:$10
Timestamp:
Rating:
: /5.0
Reviews:
St George Bank: rate, rating & reviews
From amount:$1,000 AUD
To amount:€576.52 EUR
Exchange Rate:0.5853
Total Cost:6.48% (against AUD/EUR mid-rate: 0.6165)
Fees: Minimum 15 AUD
Timestamp:
Rate Fetched: website - 0:05 Local
Rating:
 
: 1/5.0
Reviews:
 
NAB: rate, rating & reviews
From amount:$1,000 AUD
To amount:€576.28 EUR
Exchange Rate:0.5821
Total Cost:6.52% (against AUD/EUR mid-rate: 0.6165)
Fees:$10
Timestamp:
Rate Fetched: website - 0:05 Local
Rating:
 
: 2.1/5.0
Reviews:
Westpac: rate, rating & reviews
From amount:$1,000 AUD
To amount:€576.08 EUR
Exchange Rate:0.5819
Total Cost:6.56% (against AUD/EUR mid-rate: 0.6165)
Fees:$10
Timestamp:
Rate Fetched: website - Mon Oct 22 2018 23:04:05 GMT+0000 (UTC)
Rating:
 
: 2/5.0
Reviews:
Bank of Melbourne: rate, rating & reviews
From amount:$1,000 AUD
To amount:€573.86 EUR
Exchange Rate:0.5826
Total Cost:6.92% (against AUD/EUR mid-rate: 0.6165)
Fees: Minimum 15 AUD
Timestamp:
Rate Fetched: website - 0:05 Local
Rating:
: /5.0
Reviews:
BankSA: rate, rating & reviews
From amount:$1,000 AUD
To amount:€573.86 EUR
Exchange Rate:0.5826
Total Cost:6.92% (against AUD/EUR mid-rate: 0.6165)
Fees: Minimum 15 AUD
Timestamp:
Rate Fetched: website - 0:05 Local
Rating:
: /5.0
Reviews:
 
Sending a LARGER foreign transfer? Request a free multiple-vendor quote: Get Quotes
* Cost = exchange rate margin + fees vs AUD/EUR mid-rate: 0.6165
Rates @ 10/23/2018

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.


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 must always be quoted in comparison to a second 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 has struggled in 2018 but its prospects for 2019 remain good.

In the second half of September, the Aussie recovered slightly from long-term lows against the euro, yen, Swiss franc and US dollar. It did, however, slump by October 2nd (the day of this report) to a three-year low versus the Canadian dollar.

Keeping the Aussie on the backfoot this year have been matters of monetary policy. A decision in August by Australian commercial banks to raise lending rates reduced the need for the RBA to raise the nation’s benchmark rate. It is the benchmark rate, not commercial lending rates, that affect the Australian dollar’s value, and this is now unlikely to be increased earlier than 2020.

Inaction on monetary policy lends itself to lower AUD exchange rates (the Aussie bought only 71.9 US cents and 62.5 euro cents at the time of writing) but this will change next year. The inevitability of higher Australian interest rates will become the narrative in mid-2019, thinks Citibank, and this will drive capital into AUD and force its price up to 77 US cents.

An even stronger bullish view was expressed in September by UBS, which predicted a rise in AUD to 82 US cents by the end of 2019. The Swiss bank said that other hinderances to AUD, such as emerging market FX volatility and US-China trade tensions, would dissipate.

Euro (EUR) - Market news and forecasts

The euro fell on October-8, the day of this report, to 7-week and 3 ½-month lows against the dollar and pound respectively. It was strong against the Antipodes, however — it struck a 3-year high against the New Zealand dollar. Exchange rates at the time of writing were $1.146, £0.878 and N$1.793.

Eurozone monetary policy has been dull since the ECB signalled in June it would leave interest rates unchanged until the latter stages of 2019, which has left Brexit, Italian politics and a Turkish lira currency crisis to drive euro FX rates in recent months.

Recent weakness versus the dollar reflects changes in the outlook for US inflation and interest rates (now expected higher), and against the pound, reflects a growing estimation that the UK and EU will strike a deal on Brexit (the euro rises strongly against the pound whenever the likelihood of “no deal” is increased).

In October, ING forecast EUR/USD 9-13 percent higher by the middle of 2019, at rates between $1.25 and $1.30. ING’s principal reason for euro optimism related to monetary policy: in 2019, the bank believes the market will begin to price in interest rate hikes that will come in the fourth quarter.

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

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.


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.