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Westpac AUD to EUR Transfers Compared

Compare live exchange rates, provider costs and current currency market data before you exchange.

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Compare AUD to EUR rates

International money transfer rates Send 100 AUD → Receive EUR

 
 
   
   
   
   
   
 

Compare Westpac Exchange Rates & Fees - Save Time & Money

 

Our Westpac AUD 100 to EUR rate is 0.5903. This is -3.8% below the mid-rate.

Westpac foreign exchange at a glance

Westpac provides foreign exchange and international payments through the Westpac App, Online Banking and its branch network. Its public currency converter displays indicative rates; eligible customers can sign in to see the rate available for a transaction.

How do Westpac exchange rates compare?

Westpac's customer rate can include an exchange-rate margin relative to the market mid-rate. BER compares the amount received, the displayed exchange rate and the estimated total FX cost so you can assess the rate alongside specialist providers.

The comparison shown above is an estimate for the selected amount and currency pair. Westpac says its indicative rates can change continuously and may vary by transaction type and amount, so review the final rate and all fees before confirming a payment.

Westpac international transfer fees

Westpac currently lists a $0 transfer fee when foreign currency is sent through Online Banking or the Westpac App, a $20 fee when Australian dollars are sent online, and a $32 branch fee. Overseas or recipient banks may deduct additional charges.

For a fair comparison, check the final amount the recipient gets rather than the transfer fee alone. A $0 transfer fee does not mean the currency conversion has no cost.

 
 

BER Benchmark: Westpac AUD FX Rates & Margins

BER Benchmark monitors Westpac exchange rates across the AUD currency corridors tracked by BER. The current average margin versus the mid-market rate is 4.4%.

This average is based on the AUD 100 transfer rates currently monitored by BER across the available Westpac currency corridors.

 

Westpac - Lowest and Highest FX Margins

BER Benchmark ranks the Westpac currency corridors currently monitored for Australian dollar transfers by their margin versus the mid-market rate. The tables below highlight the lowest-margin and highest-margin corridors for a AUD 100 transaction.

Westpac Lowest FX Margins

Currency Pair Westpac Rate Mid Market Rate Margin
AUD/GBP 0.5033 0.5229 3.7%
AUD/PHP 41.68 43.31 3.8%
AUD/ILS 2.0371 2.1166 3.8%
AUD/EUR 0.5890 0.6120 3.8%
AUD/DKK 4.4031 4.5754 3.8%

Westpac Highest FX Margins

Currency Pair Westpac Rate Mid Market Rate Margin
AUD/WST 1.7832 1.9464 8.4%
AUD/PGK 2.9049 3.1678 8.3%
AUD/VUV 78.15 84.22 7.2%
AUD/SBD 5.3107 5.6953 6.8%
AUD/TOP 1.5938 1.7003 6.3%
 
   

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

The Westpac AUD to EUR exchange rate is 0.5903. This is -3.8% compared to the latest AUD-EUR mid-market rate 0.6133.

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

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

How do Westpac AUD-EUR rates compare between providers?

Looking at the full AUD to EUR - Send Money comparison table the provider with the best AUD to EUR exchange rate is Wise at 0.6107, -0.42% from the latest mid-market rate 0.6133.

The next best is OFX at 0.6103, -0.49% from the mid-rate.

Then Western Union at 0.6041, which is -1.5% from the mid-rate.

Among the banks the Commonwealth Bank rate is 0.5935 at -3.2% the ANZ Bank rate is 0.5927 at -3.4% and the ING Bank rate is 0.5987 at -2.4% compared to the mid-rate 0.6133.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Westpac 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.

 

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