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EUR to AUD - Rate Guide

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.

 

EUR/AUD update & alerts

1 EUR = 1.6105 AUD

EUR to AUD - Trading Range (90 Day)
90-DAY LOW (3d)
At 1.6067 EUR/AUD is trading 1.2% below its 90-DAY average with range 1.601 to 1.6641. There are no current alerts. Updated: 08:03-AEDT 21:03-GMT 16:03-EST

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EUR/AUD Exchange Rates and Providers Compared

This guide to the Euro to Australian Dollar exchange rate with 90-day chart & alerts, historic rates, forecasts and EUR to AUD comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. If you want to calculate equivalent amounts in foreign currencies or rate margins then use our EUR/AUD Quick Calculator.

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
A$7,988.5
Best Overall
1.59770 for BER users (normally $15)0.8%
WorldFirst logo
A$8,012.5
A$24 more
1.602500.5%
TorFX logo
A$7,924.5
A$64 less
1.584901.6%
HSBC logo
A$7,765.83
A$223 less
1.5555€7.53.57%
Deutsche Bank International Money Transfers
Deutsche Bank logo
A$7,691.81
A$297 less
1.5539€504.49%
Citibank International Money Transfers
Citibank logo
A$7,687.51
A$301 less
1.5412124.54%
Santander International Money Transfers
Santander logo
A$7,643.8
A$345 less
1.5349205.08%
Bank of Ireland International Money Transfers
Bank of Ireland logo
A$7,597.76
A$391 less
1.5349€505.65%
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
A$7,596
A$392 less
1.5296125.67%
Crédit Agricole International Money Transfers
Crédit Agricole logo
A$7,542.81
A$446 less
1.5238€506.34%
BNP Paribas International Money Transfers
BNP Paribas logo
A$7,533.9
A$455 less
1.522€506.45%
AIB Bank International Money Transfers
AIB Bank logo
A$7,511.13
A$477 less
1.5174€506.73%
Sparkasse Bank International Money Transfers
Sparkasse Bank logo
A$7,391.26
A$597 less
1.4827158.22%
 

OFX logo

OFX: Foreign Transfer EUR→AUD
From Amount (EUR)€5,000
Fee:0 for BER users (normally $15)
Exchange Rate:1.5977 (0.8% from mid-rate)
To Amount (AUD) A$7,988.5
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:
 

WorldFirst logo

WorldFirst: Foreign Transfer EUR→AUD
From Amount (EUR)€5,000
Fee:
Exchange Rate:1.6025 (0.5% from mid-rate)
To Amount (AUD) A$8,012.5
Total Cost:0.5%
Difference:
A$24 AUD more than using OFX
Time:18:01 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 

TorFX logo

TorFX: Foreign Transfer EUR→AUD
From Amount (EUR)€5,000
Fee:0
Exchange Rate:1.5849 (1.6% from mid-rate)
To Amount (AUD) A$7,924.5
Total Cost:1.6%
Difference:
A$64 AUD less than using OFX
Time:18:01 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 

HSBC logo

HSBC: Foreign Transfer EUR→AUD
From Amount (EUR)€5,000
Fee:€7.5 EUR (.15%)
Exchange Rate:1.5555 (3.42% from mid-rate)
To Amount (AUD) A$7,765.83
Total Cost:3.57%
Difference:
A$223 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 logo

Deutsche Bank: Foreign Transfer EUR→AUD
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:1.5539 (3.52% from mid-rate)
To Amount (AUD) A$7,691.81
Total Cost:4.49%
Difference:
A$297 AUD less than using OFX
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Citibank logo

Citibank: Foreign Transfer EUR→AUD
From Amount (EUR)€5,000
Fee:12
Exchange Rate:1.5412 (4.31% from mid-rate)
To Amount (AUD) A$7,687.51
Total Cost:4.54%
Difference:
A$301 AUD less than using OFX
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Santander logo

Santander: Foreign Transfer EUR→AUD
From Amount (EUR)€5,000
Fee:20
Exchange Rate:1.5349 (4.7% from mid-rate)
To Amount (AUD) A$7,643.8
Total Cost:5.08%
Difference:
A$345 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 logo

Bank of Ireland: Foreign Transfer EUR→AUD
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:1.5349 (4.7% from mid-rate)
To Amount (AUD) A$7,597.76
Total Cost:5.65%
Difference:
A$391 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
From Amount (EUR)€5,000
Fee:12
Exchange Rate:1.5301 (5% from mid-rate)
To Amount (AUD) A$7,596
Total Cost:5.67%
Difference:
A$392 AUD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Crédit Agricole logo

Crédit Agricole: Foreign Transfer EUR→AUD
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:1.5238 (5.39% from mid-rate)
To Amount (AUD) A$7,542.81
Total Cost:6.34%
Difference:
A$446 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 logo

BNP Paribas: Foreign Transfer EUR→AUD
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:1.5220 (5.5% from mid-rate)
To Amount (AUD) A$7,533.9
Total Cost:6.45%
Difference:
A$455 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 logo

AIB Bank: Foreign Transfer EUR→AUD
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:1.5174 (5.79% from mid-rate)
To Amount (AUD) A$7,511.13
Total Cost:6.73%
Difference:
A$477 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 logo

Sparkasse Bank: Foreign Transfer EUR→AUD
From Amount (EUR)€5,000
Fee:15
Exchange Rate:1.4827 (7.94% from mid-rate)
To Amount (AUD) A$7,391.26
Total Cost:8.22%
Difference:
A$597 AUD less than using OFX
Time:18:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 11/11/2019 - 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.

  

Australian dollar Travel Money

  

Travel Money ProvidersAmount AUD(A$)Exchange RateFee EURTotal CostDeal Links
Travelex Online logo
A$1,523
Best Overall
1.52305.44%
Deutsche Bank Foreign Currency
Deutsche Bank logo
A$1,477.3
A$46 less
1.4998€158.28%
BNP Paribas Foreign Currency
BNP Paribas logo
A$1,469.72
A$53 less
1.4921€158.75%
La Poste Foreign Currency
La Poste logo
A$1,469.72
A$53 less
1.4921€158.75%
Citibank Foreign Currency
Citibank logo
A$1,469.46
A$54 less
1.4843€108.76%
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
A$1,457
A$66 less
1.4732€109.55%
Crédit Agricole Foreign Currency
Crédit Agricole logo
A$1,454.35
A$69 less
1.4765€159.7%
Bank of Ireland Foreign Currency
Bank of Ireland logo
A$1,452.53
A$70 less
1.4672€109.81%
AIB Bank Foreign Currency
AIB Bank logo
A$1,449.46
A$74 less
1.4641€1010%
Sparkasse Bank Foreign Currency
Sparkasse Bank logo
A$1,438.67
A$84 less
1.4532€1010.67%
HSBC logo
A$1,429.9
A$93 less
1.4299011.22%
 

Travelex Online logo

Travelex Online: Travel Money EUR→AUD
From Amount (EUR)€1,000
Fee:undefined
Exchange Rate:1.523 (5.44% from mid-rate)
To Amount (AUD) A$1,523
Total Cost:5.44%
Time:
Rate Fetched: Mon Nov 11 2019 18:00:04 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

Deutsche Bank logo

Deutsche Bank: Travel Money EUR→AUD
From Amount (EUR)€1,000
Fee:€15 EUR (Minimum fee)
Exchange Rate:1.4998 (6.88% from mid-rate)
To Amount (AUD) A$1,477.3
Total Cost:8.28%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

BNP Paribas logo

BNP Paribas: Travel Money EUR→AUD
From Amount (EUR)€1,000
Fee:€15 EUR (Minimum fee)
Exchange Rate:1.4921 (7.36% from mid-rate)
To Amount (AUD) A$1,469.72
Total Cost:8.75%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

La Poste logo

La Poste: Travel Money EUR→AUD
From Amount (EUR)€1,000
Fee:€15 EUR (Minimum fee)
Exchange Rate:1.4921 (7.36% from mid-rate)
To Amount (AUD) A$1,469.72
Total Cost:8.75%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Citibank logo

Citibank: Travel Money EUR→AUD
From Amount (EUR)€1,000
Fee:€10 EUR (1%)
Exchange Rate:1.4843 (7.84% from mid-rate)
To Amount (AUD) A$1,469.46
Total Cost:8.76%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money EUR→AUD
From Amount (EUR)€1,000
Fee:€10 EUR (1%)
Exchange Rate:1.4221 (11.7% from mid-rate)
To Amount (AUD) A$1,457
Total Cost:9.55%
Currency Services:Branch
Delivery/Collect:-
 

Crédit Agricole logo

Crédit Agricole: Travel Money EUR→AUD
From Amount (EUR)€1,000
Fee:€15 EUR (Minimum fee)
Exchange Rate:1.4765 (8.33% from mid-rate)
To Amount (AUD) A$1,454.35
Total Cost:9.7%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Bank of Ireland logo

Bank of Ireland: Travel Money EUR→AUD
From Amount (EUR)€1,000
Fee:€10 EUR (1%)
Exchange Rate:1.4672 (8.9% from mid-rate)
To Amount (AUD) A$1,452.53
Total Cost:9.81%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

AIB Bank logo

AIB Bank: Travel Money EUR→AUD
From Amount (EUR)€1,000
Fee:€10 EUR (1%)
Exchange Rate:1.4641 (9.1% from mid-rate)
To Amount (AUD) A$1,449.46
Total Cost:10%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Sparkasse Bank logo

Sparkasse Bank: Travel Money EUR→AUD
From Amount (EUR)€1,000
Fee:€10 EUR (1%)
Exchange Rate:1.4532 (9.77% from mid-rate)
To Amount (AUD) A$1,438.67
Total Cost:10.67%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

HSBC logo

HSBC: Travel Money EUR→AUD
From Amount (EUR)€1,000
Fee:
Exchange Rate:1.4299 (11.22% from mid-rate)
To Amount (AUD) A$1,429.9
Total Cost:11.22%
Time:18:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 11/11/2019 - See full table

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)

At the end of October the AUD surged to a three month high against the US dollar following the third rate cut in a year by the US Federal Reserve. The gains were mainly due to the fall in the US dollar after the market sensed that US rates are more likely to rise now than fall further.

The RBA also added to the positive sentiment with an optimistic assessment of easing risks from the US-China trade war and Brexit. Accordingly markets are pulling back from bets that the cash rate will drop to 0.5 per cent and the possible start of quantitative easing.

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