AUD to EUR Currency Converter

Use our free tool to convert AUD to EUR at the live exchange rate you see online. Track it using a rate alert or check out the latest news for the Australian dollar.

Latest Rate

AUD to EUR

AUD
EUR
*Wholesale exchange rate updated

AUD to EUR

Wholesale exchange rate updated

Please understand that the rates displayed on the graph are historical. They are NOT the exchange rates that S Money is offering today. The rates displayed are the “interbank” or “wholesale” exchange rates that you can find on Google or XE. We show these rates so you can see when the best time to buy US dollars was.

About the AUD to EUR exchange rate

It's easy to see the AUD to EUR exchange rate on XE, Bloomberg or any other currency converter. It's the real exchange rate set by the foreign exchange market. It's also sometimes called the 'wholesale' rate or the 'interbank' rate because it's used for wholesale amounts between banks. It's the best rate to convert foreign currency but often, it's very hard to actually get.

 

Where is the best place to exchange AUD to Euro?

It's simple to buy Euro from AUD online, but it may not necessarily be as fast as walking into a money changer. Services like Australia Post also offer a foreign exchange service online but it takes between two and five business days before the currency is ready for pick-up or delivery so you need to be organised!

Alternatively, buying your European currency in-store can be a good option but it all depends on where you go. The money changers in the centre of the main cities like Sydney or Melbourne tend to be more competitive than smaller stores in the suburbs.

Only change money at the airport as a last resort. The exchange rates and fees at Australian airports are among the worst in the world so avoid it at all costs if you want to get the best bang for your buck.

Learn more: The Best Places to exchange AUD for EUR in Australia

 

How can I convert AUD to EUR at the best rate?

The exchange rate that you see online if you use Google, XE or any other currency converter, is the real exchange rate. It's also sometimes called the 'wholesale' rate or the 'interbank' rate because it used for wholesale amounts between banks. It's the best rate to convert foreign currency but often, it's very hard to actually get.

The key to finding the best foreign currency rate is to compare your options. Make sure that you compare not just the exchange rate, but the total cost of your currency including any service or delivery fees.

Learn more: Get the best AUD to EUR exchange rate

 

What is the best time to exchange AUD to EUR?

As a rule of thumb, if you are buying Euros with Australian dollars, you want the AUD/EUR exchange rate to be as high as possible. The higher the rate, the better it is for you. It means that you will receive more Euro dollars for the same amount of Australian dollars.

Unfortunately there isn't a particular day of the week or time of the day that is the best time.

While it's impossible to pick the perfect time, you can set up a free rate tracker to keep an eye on the rate.

Also keep in mind that if you buy it online, it may take 2-4 business days to arrive so make sure you finalise your financial transaction at least a week before you are due to travel overseas.

Learn more: When is the best time to buy Euros with Australian dollars?

 

Is the Australian dollar going up or down against the Euro dollar?

Major Australian and New Zealand banks have a similar trajectory for the Aussie (AUD) to the Euro (EUR) - reflected in their AUD to EUR exchange rate forecasts in 2022. Generally, their outlook for the AUD is slightly more optimistic compared to the EUR.

Learn more: Bank Forecasts for the AUD to EUR in 2022

Latest AUD to EUR News, Views and Forecasts

AUD EUR hits 1 month low as the Aussie Dollar slips

In short AUD to EUR exchange rate drops to 0.6110 – it’s lowest point for a month The RBA is now expected to cut interest rates even further before the end of 2019 The AUD/EUR has dropped 2% over the last 2 months from a high of 0.6278 Time Open Low High Today 0.6118 Yesterday 0.6113 0.6122 In the last week 0.6119 0.6199 In the 3 months 0.6018 0.6278 The Australian dollar has been broadly sold off since Tuesday when the RBA cut interest rates. What does that mean? When the Aussie dollar is sold (mostly by traders, banks and […]

Australian Dollar spikes then gets dumped following RBA interest rate cut

In short The Australian dollar went down before the interest rate announcement, bounced higher straight after the announcement then fell sharply Broad losses against the New Zealand Dollar, British Pound, Japanese Yen or Euro The RBA also expected to cut rates next month to 0.75% Time Open Low High Today 0.6751 Yesterday 0.6768 0.6734 In the last week 0.6747 0.6801 In the 3 months 0.6734 0.6710 The RBA met today and announced that official interest rates are to be cut by 0.25% to 0.75%. While this was largely expected, most market analysts poured through the statement that came with the […]

Australian Dollar finishes the week flat against all major currencies

In short The Australian dollar finishes the week as it started – between 67 and 68 cents Very little movement against the New Zealand Dollar, British Pound, Japanese Yen or Euro The RBA meets on Tuesday with 75% of the market pricing in another interest rate cut Time Open Low High Today 0.6751 Yesterday 0.6747 0.6778 In the last week 0.6747 0.6801 In the 3 months 0.6727 0.7022 Last night in the US, the GDP and Trade Balance figures came in close to expectations, leaving the markets little to react to. Here is where the Australian Dollar (AUD) has traded […]

Has the AUD EUR peaked already in 2019?

The AUD to EUR exchange rate peaked in April around 0.64, but has since fallen again. A falling AUDEUR trend this year is being driven by a weaker Australian dollar, rather than any strength in the Euro. In fact, the Euro has been under pressure lately with Brexit and slower economic growth in major Eurozone countries. Meanwhile, the Australian dollar hit 10-year lows recently. Check today’s AUDEUR Forex Rate: Currency Converter and Graph So what are the major banks in their AUD and EUR forecasts for 2019, amongst all the political uncertainty from Brexit and slowing growth? ANZ – Predicts […]

ECB drops rates as the European economy slows down

In short AUD to EUR remains unchanged overnight The European Central Bank (ECB) is concerned about Europes economy and cut interest rates Weak inflation data out of the USA Time Open High Low Today 0.6207 Yesterday 0.6223 0.6231 0.6201 In the last week 0.6199 0.6249 0.6199 In the 3 months 0.6130 0.6280 0.6025

Updated: Posted on