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EUR/AUD - Convert Compare Save

Euro to Australian Dollar 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 Euro to Australian Dollar exchange rate, has news, forecasts and EUR to AUD 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.

EUR/AUD 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 EUR/AUD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 

EUR to AUD International Money Transfers

  

Foreign Transfer ProvidersReceive AUD(A$)Exchange RateFee EURTotal CostDeal Links
OFX logo
7,903 AUD
Best Overall
1.58060 for BER users (normally $15)0.8%
HSBC logo
7,676.97 AUD
226 AUD
1.5377€7.53.63%
Deutsche Bank International Money Transfers
Deutsche Bank logo
7,603.7 AUD
299 AUD
1.5361€504.55%
Citibank International Money Transfers
Citibank logo
7,599.72 AUD
303 AUD
1.5236124.6%
Santander International Money Transfers
Santander logo
7,556.15 AUD
347 AUD
1.5173205.15%
Bank of Ireland International Money Transfers
Bank of Ireland logo
7,510.64 AUD
392 AUD
1.5173€505.72%
Banks - Average Rate
Deutsche Bank logo Santander logo Citibank logo Sparkasse Bank logo HSBC logo Bank of Ireland logo Crédit Agricole logo AIB Bank logo BNP Paribas logo
7,510 AUD
393 AUD
1.5123125.73%
Crédit Agricole International Money Transfers
Crédit Agricole logo
7,456.19 AUD
447 AUD
1.5063€506.41%
BNP Paribas International Money Transfers
BNP Paribas logo
7,453.22 AUD
450 AUD
1.5057€506.44%
AIB Bank International Money Transfers
AIB Bank logo
7,425 AUD
478 AUD
1.5€506.8%
Sparkasse Bank International Money Transfers
Sparkasse Bank logo
7,312 AUD
591 AUD
1.4668158.22%
 
OFX: Foreign Transfer EUR→AUD
EUR amount:€5,000 EUR
Fee:0 for BER users (normally $15)
Exchange Rate:1.5806 (0.8% from mid-rate)
AUD amount:7,903 AUD
Total Cost:0.8%
Time:
Rate Fetched: 18:01 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer EUR→AUD
EUR amount:€5,000 EUR
Fee:€7.5 EUR (.15%)
Exchange Rate:1.5377 (3.49% from mid-rate)
AUD amount:7,676.97 AUD
Total Cost:3.63%
Difference:
226 AUD less than using OFX
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Deutsche Bank logoDeutsche Bank

Deutsche Bank: Foreign Transfer EUR→AUD
EUR amount:€5,000 EUR
Fee:€50 EUR (1%)
Exchange Rate:1.5361 (3.59% from mid-rate)
AUD amount:7,603.7 AUD
Total Cost:4.55%
Difference:
299 AUD less than using OFX
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Citibank logoCitibank

Citibank: Foreign Transfer EUR→AUD
EUR amount:€5,000 EUR
Fee:12
Exchange Rate:1.5236 (4.37% from mid-rate)
AUD amount:7,599.72 AUD
Total Cost:4.6%
Difference:
303 AUD less than using OFX
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Santander logoSantander

Santander: Foreign Transfer EUR→AUD
EUR amount:€5,000 EUR
Fee:20
Exchange Rate:1.5173 (4.77% from mid-rate)
AUD amount:7,556.15 AUD
Total Cost:5.15%
Difference:
347 AUD less than using OFX
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 

Bank of Ireland logoBank of Ireland

Bank of Ireland: Foreign Transfer EUR→AUD
EUR amount:€5,000 EUR
Fee:€50 EUR (1%)
Exchange Rate:1.5173 (4.77% from mid-rate)
AUD amount:7,510.64 AUD
Total Cost:5.72%
Difference:
392 AUD less than using OFX
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer EUR→AUD
EUR amount:€5,000 EUR
Fee:12
Exchange Rate:1.5126 (5.06% from mid-rate)
AUD amount:7,510 AUD
Total Cost:5.73%
Difference:
393 AUD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Crédit Agricole logoCrédit Agricole

Crédit Agricole: Foreign Transfer EUR→AUD
EUR amount:€5,000 EUR
Fee:€50 EUR (1%)
Exchange Rate:1.5063 (5.46% from mid-rate)
AUD amount:7,456.19 AUD
Total Cost:6.41%
Difference:
447 AUD less than using OFX
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

BNP Paribas logoBNP Paribas

BNP Paribas: Foreign Transfer EUR→AUD
EUR amount:€5,000 EUR
Fee:€50 EUR (1%)
Exchange Rate:1.5057 (5.5% from mid-rate)
AUD amount:7,453.22 AUD
Total Cost:6.44%
Difference:
450 AUD less than using OFX
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

AIB Bank logoAIB Bank

AIB Bank: Foreign Transfer EUR→AUD
EUR amount:€5,000 EUR
Fee:€50 EUR (1%)
Exchange Rate:1.5000 (5.86% from mid-rate)
AUD amount:7,425 AUD
Total Cost:6.8%
Difference:
478 AUD less than using OFX
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Sparkasse Bank logoSparkasse Bank

Sparkasse Bank: Foreign Transfer EUR→AUD
EUR amount:€5,000 EUR
Fee:15
Exchange Rate:1.4668 (7.94% from mid-rate)
AUD amount:7,312 AUD
Total Cost:8.22%
Difference:
591 AUD less than using OFX
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 07/22/2019 - 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 AUD(A$)Exchange RateFee EURTotal CostDeal Links
Travelex Online logo
1,509.6 AUD
Best Overall
1.509605.25%
Deutsche Bank Foreign Currency
Deutsche Bank logo
1,461.44 AUD
48 AUD
1.4837€158.28%
BNP Paribas Foreign Currency
BNP Paribas logo
1,453.86 AUD
56 AUD
1.476€158.75%
La Poste Foreign Currency
La Poste logo
1,453.86 AUD
56 AUD
1.476€158.75%
Citibank Foreign Currency
Citibank logo
1,453.62 AUD
56 AUD
1.4683€108.77%
Banks - Average Rate
Deutsche Bank logo Citibank logo Sparkasse Bank logo HSBC logo Bank of Ireland logo Crédit Agricole logo AIB Bank logo BNP Paribas logo La Poste logo
1,441 AUD
69 AUD
1.4574€109.55%
Crédit Agricole Foreign Currency
Crédit Agricole logo
1,438.79 AUD
71 AUD
1.4607€159.7%
Bank of Ireland Foreign Currency
Bank of Ireland logo
1,436.89 AUD
73 AUD
1.4514€109.82%
AIB Bank Foreign Currency
AIB Bank logo
1,433.92 AUD
76 AUD
1.4484€1010%
Sparkasse Bank Foreign Currency
Sparkasse Bank logo
1,423.22 AUD
86 AUD
1.4376€1010.67%
HSBC logo
1,414.5 AUD
95 AUD
1.4145011.22%
Travelex Online: Travel Money EUR→AUD
EUR amount:€1,000 EUR
Fee:undefined
Exchange Rate:1.5096 (5.25% from mid-rate)
AUD amount:1,509.6 AUD
Total Cost:5.25%
Time:
Rate Fetched: Mon Jul 22 2019 16:15:03 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

Deutsche Bank logoDeutsche Bank

Deutsche Bank: Travel Money EUR→AUD
EUR amount:€1,000 EUR
Fee:€15 EUR (Minimum fee)
Exchange Rate:1.4837 (6.88% from mid-rate)
AUD amount:1,461.44 AUD
Total Cost:8.28%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

BNP Paribas logoBNP Paribas

BNP Paribas: Travel Money EUR→AUD
EUR amount:€1,000 EUR
Fee:€15 EUR (Minimum fee)
Exchange Rate:1.4760 (7.36% from mid-rate)
AUD amount:1,453.86 AUD
Total Cost:8.75%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

La Poste logoLa Poste

La Poste: Travel Money EUR→AUD
EUR amount:€1,000 EUR
Fee:€15 EUR (Minimum fee)
Exchange Rate:1.4760 (7.36% from mid-rate)
AUD amount:1,453.86 AUD
Total Cost:8.75%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Citibank logoCitibank

Citibank: Travel Money EUR→AUD
EUR amount:€1,000 EUR
Fee:€10 EUR (1%)
Exchange Rate:1.4683 (7.85% from mid-rate)
AUD amount:1,453.62 AUD
Total Cost:8.77%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money EUR→AUD
EUR amount:€1,000 EUR
Fee:€10 EUR (1%)
Exchange Rate:1.4068 (11.71% from mid-rate)
AUD amount:1,441 AUD
Total Cost:9.55%
Currency Services:Branch
Delivery/Collect:-
 

Crédit Agricole logoCrédit Agricole

Crédit Agricole: Travel Money EUR→AUD
EUR amount:€1,000 EUR
Fee:€15 EUR (Minimum fee)
Exchange Rate:1.4607 (8.32% from mid-rate)
AUD amount:1,438.79 AUD
Total Cost:9.7%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Bank of Ireland logoBank of Ireland

Bank of Ireland: Travel Money EUR→AUD
EUR amount:€1,000 EUR
Fee:€10 EUR (1%)
Exchange Rate:1.4514 (8.91% from mid-rate)
AUD amount:1,436.89 AUD
Total Cost:9.82%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

AIB Bank logoAIB Bank

AIB Bank: Travel Money EUR→AUD
EUR amount:€1,000 EUR
Fee:€10 EUR (1%)
Exchange Rate:1.4484 (9.09% from mid-rate)
AUD amount:1,433.92 AUD
Total Cost:10%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Sparkasse Bank logoSparkasse Bank

Sparkasse Bank: Travel Money EUR→AUD
EUR amount:€1,000 EUR
Fee:€10 EUR (1%)
Exchange Rate:1.4376 (9.77% from mid-rate)
AUD amount:1,423.22 AUD
Total Cost:10.67%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
HSBC: Travel Money EUR→AUD
EUR amount:€1,000 EUR
Fee:
Exchange Rate:1.4145 (11.22% from mid-rate)
AUD amount:1,414.5 AUD
Total Cost:11.22%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 07/22/2019 - See full table

EUR to AUD interbank exchange rate = 1.5932

 
 

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 EUR/AUD exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

EURAUD blended flags

EUR and AUD in the Markets

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

 

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.

 

Australian Dollar (AUD)

In late June and early July, the Australian dollar recovered from multi-month lows against a number of important currencies; however, these recoveries were minor relative to losses over the past 18 months. Against the US dollar, at a rate of 70¢ (July-2), the Aussie was 14 percent lower than its best rate from 2018.

Investors have sold AUD in recent months as they’ve bet on aggressive interest-rate cuts by the Reserve Bank of Australia. These bets paid off: the RBA cut its cash rate in both June and July to a record low of 1 percent.

Lower borrowing costs are necessary, investors believe, in light of persistently soft domestic data and the fallout from a US-China trade standoff that shows no sign of nearing an end.

AUD will continue to track changes in interest-rate expectations. Economists expect at least one further cut this year and many expect two by early 2020. After July's cut, the RBA hinted it would leave rates unchanged for several months.

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.

Why can't I just get the EUR/AUD 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 EUR / AUD 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.

EURAUD 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 EUR Exchange Rates