best time to buy euros with Australian dollars

AUD to EUR Exchange Rate Forecasts for 2022

This article looks at what the banks are predicting for the AUD to EUR exchange rate over the long term in 2022.


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.

AUDEUR forecasts from bank majors 2022

AUDEUR Forecast Chart 2022

Source: Multinational bank aggregate data


*Wholesale exchange rate updated


Wholesale exchange rate updated

AUD to EUR Predictions in 2022

In the short term

While major banks predicted the AUD to EUR to rise ever so slightly in the long term, there are plenty of influences on both the Australian dollar and the Euro that have an impact in the short term. These include:

  • Tourism commenced earlier in Europe than in Australia, but Australia's smaller economy bounces faster and greater than in Europe
  • Central bank policies to stimulate the economy is more effective in Australia than in Europe
  • Australia and Europe are at greater risk of inflationary pressures, there’s only so much the government can do to help
  • China’s demand for Australian commodities grows relatively more than European commodities
AUDEUR performance

What do bank analysts think about the AUD EUR in the long term?

The best time to exchange AUD to EUR

If you are travelling to Europe and need to buy Euros, the best AUD to EUR exchange rate is when it is high. Alternatively, if you are selling Euro's currency either in cash or through a transfer, you want the rate to be as low as possible.

Whether you are buying or selling Euros, no one can tell you when this "right" time is, but you can track the rate for free.

You set the rate you would like and let us to the work. We will email you when the AUD gets within the range you would like to buy Euro dollars.

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