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EUR to AUD - Exchange Rates Guide

Euro to Australian Dollar exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
 

EUR/AUD exchange rate (wholesale):

1 EUR = 1.6261 AUD

Sell EUR / Buy AUD 

 
EUR to AUD chart and trends
14-DAY-LO
EUR/AUD at 1.6257 was trading 3.1% below AVG:1.6781 with LO:1.6087 and HI:1.8257 (90 days). There are no current rate alerts.

Euro to Australian Dollar - Quick Conversions

EUR AUD
€ 1 A$ 1.6261
€ 5 A$ 8.1305
€ 10 A$ 16.26
€ 20 A$ 32.52
€ 50 A$ 81.31
€ 100 A$ 162.61
€ 250 A$ 406.53
€ 500 A$ 813.05
€ 1,000 A$ 1,626
€ 2,000 A$ 3,252
€ 5,000 A$ 8,131
€ 10,000 A$ 16,261
€ 50,000 A$ 81,305
€ 100,000 A$ 162,610
More amounts
EUR AUD
0.6150 A$ 1
3.0750 A$ 5
6.1500 A$ 10
12.30 A$ 20
30.75 A$ 50
61.50 A$ 100
153.75 A$ 250
307.50 A$ 500
615.00 A$ 1,000
1,230 A$ 2,000
3,075 A$ 5,000
6,150 A$ 10,000
30,750 A$ 50,000
61,500 A$ 100,000
More amounts

To calculate other EUR/AUD amounts try our home-page Convert EUR to AUD quick converter.


Comparing Retail Exchange Rates

The total cost for 'Retail' exchange rates you receive from your bank or foreign exchange provider consists of the margin from the 'Wholesale' rate (interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the exchange rate margin will also vary depending on the currency pair and total amount.

 
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Australian Dollar (AUD) Country Guides

AustraliaAustralia (AUD)Christmas IslandChristmas Island (AUD)Cocos Keeling IslandsCocos Keeling Islands (AUD)
Heard and McDonald IslandsHeard and McDonald Islands (AUD)KiribatiKiribati (AUD)NauruNauru (AUD)
Norfolk IslandNorfolk Island (AUD)TuvaluTuvalu (AUD)

EURAUD blended flags

Euro and Australian Dollar Forecasts

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)

EUR will fall to 0.80 against the British pound according to Standard Bank. The coronavirus pandemic has replaced Brexit in the headlines and means that the deadline for a trade deal with the Eurozone this year could either be pushed back, delaying a risk for the currency, or see more favorable terms given to the U.K.

Rabobank told Bloomberg TV in early April that they see the Euro holding its value in an otherwise difficult virus affected year for most currencies.

The Euro spent 2019 on a downwards trajectory, starting the year with highs at US1.1550 but then slid all year until October where it bottomed out at US$1.09 on Oct 1, close to long-term lows. Since then it has climbed back up towards the average rate for the year of US1.12, perhaps due to the less uncertainty around Brexit.

Read more in the article EUR Forecasts.

 

Australian Dollar (AUD)

Westpac have raised their forecast for the Aussie dollar to US 72 cents by the end of 2020 (from US 68 cents) and rising to US 76 cents in 2021.

In the second quarter of 2020 AUD staged a rapid recovery through the months of April, May and into June up 25% from its mid-March lows to US70c in early June. This is due more to the perceived benefits to Australia of an awakening post-pandemic Chinese economy than the political-social situtation in the US dpressing the USD.

The Aussie had been savaged in March sliding to US55 cents the lowest since 2003. Growing fears of the coronavirus outbreak moved the market into safer currencies such as the USD and away from AUD, NZD and CAD.

The virus was a double blow to the Aussie after the earlier threat of proxy war between the US and Iran in Iraq had also pared back some of the gains the Aussie had made coming into the New Year.

The Australian dollar had started the new decade strongly climbing to multi-month highs helped along by cooling trade tensions between the United States and China and optimism for global economic growth in the year ahead.

The Aussie broke back over US70 cents on the final day of 2019 — a level not seen since mid year. During December the Australian dollar reversed direction (again) and climbed steadily back up against the US dollar on the back of the strength of the housing market and a market perception that further interest rate cuts were less likely.

Read more in the article AUD Forecasts.

How to get Best EUR to AUD Exchange Rates

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).

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.

 

What is a good EUR to AUD exchange rate?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Euro vs Australian Dollar current value is to look the EUR/AUD historic rate and change over a range of periods.

The following table looks at the change in the EUR to AUD exchange rate over periods from the previous week back to the last 10 years.

EUR/AUD rateChangePeriod
02 Jul 2020 : 1.62410.2% ▼1 Week
09 Jun 2020 : 1.63300.7% ▼30 Days
10 Apr 2020 : 1.72265.9% ▼90 Days
10 Jul 2019 : 1.61780.2% ▲1 Year
11 Jul 2015 : 1.49858.2% ▲5 Years
12 Jul 2010 : 1.440212.5% ▲10 Years
EUR/AUD 10 year historic rates & changes to 09-Jul-2020 : 1.6209
 

When is the best time to exchange EUR to AUD?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup BER.me FX Alerts