Understanding the Table:
The comparison table above helps you see the total cost of your ING Bank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Euro (EUR) to Australian dollar (AUD) market data - latest interbank exchange rate, trend, chart & historic rates.
EUR/AUD Outlook: The EUR/AUD rate is currently bearish, trading significantly below its 90-day average and near recent lows.
EUR/USD Outlook: EUR/USD is slightly weaker, but likely to move sideways as it currently trades near 7-day lows and is just above its 3-month average.
USD/AUD Outlook: The USD/AUD rate is slightly weaker but likely to move sideways as it trades significantly below its recent average and is currently...
To help you understand the real-world value of the current exchange rate, the table below shows how much Euro are worth in Australian dollar across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
*Converted at the current EUR-AUD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The ING Bank EUR to AUD exchange rate is 1.6172. This is -3.1% compared to the latest EUR-AUD mid-market rate 1.6689.
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 ING Bank - Euro to Aussie comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by ING Bank and other foreign exchange providers against the latest EUR-AUD mid-rate and the possible savings of using various providers.
Looking at the full EUR to AUD - Send Money comparison table the provider with the best EUR to AUD exchange rate is OFX at 1.6639, -0.3% from the latest mid-market rate 1.6689.
The next best is Wise at 1.6605, -0.5% from the mid-rate.
Then XE at 1.6589, which is -0.6% from the mid-rate.
The Western Union rate is 1.6438 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 ING Bank 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.
View a full list of exchange rates by selecting your Base (from) currency:
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