BankSA EUR to AUD Exchange Rates & Currency Deals

   

The EUR/AUD exchange rate sits at 1.7637, down 1.3% from its 3-month average. Analysts note geopolitical issues in Europe and a softening AUD due to shifting global risk sentiment. Expect further volatility as both currencies react to economic data and market conditions

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What is the best Send Money conversion rate for EUR to AUD?

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Euro (EUR) to Australian dollar (AUD) rates from different sources before making a conversion.

The above BankSA - Euro to Aussie comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by BankSA and other foreign exchange providers against the latest EUR-AUD mid-rate and the possible savings of using various providers. 

How do BankSA EUR-AUD rates compare between providers?

The next best is XE at 1.7535, -0.6% from the mid-rate.

Then Wise at 1.7518, which is -0.7% from the mid-rate.

The Western Union rate is 1.7376 which is -1.5% from the mid-rate.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like BankSA often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.

 

Compare EUR to AUD Transfer Rates