Best AUD to EUR exchange rates today

Get the most for your money with a strong exchange rate.

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Avoid fees and find the best exchange rate when you want to exchange AUD for EUR.

Today’s mid-market rate

Live Rate

= £ 0.5902

Refreshing in: 60s | Sat, Feb 29, 01:09PM GMT

Buy euros with Australian dollars

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USD 1 1 - 2 days AUD 0.00 0.587 EUR 2,936 Offering no maximum and no minimum limit transfers with $0 fees. Go to site Show details
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GBP 1,000 1 - 2 days AUD 0.00 0.584 EUR 2,922 Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000).
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USD 1,000 1 day AUD 0.00 0.584 EUR 2,922 No-maximum limit transfers with competitive exchange rates for 100+ currencies. Go to site Show details
USD 5,000 1 day AUD 0.00 0.584 EUR 2,922 Venstar will support you through the entire process of your international transactions, from start to finish. Go to site Show details

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Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

When is the best time to buy?

The best time to buy currency depends on the general health of a country’s economy, its government policies and trade agreements. With elections coming up in much of Europe, and the tumultuous time for trade on the world stage, the euro could see a downturn in upcoming years.

How does the Australian dollar trade against the euro historically?

When the euro was introduced in January 1, 2002, the Aussie dollar was valued at 0.584832 per euro. The global financial crisis of 2008 moved the euro from a stable 0.5 to above 0.6 against the Australian dollar until December 2008, when it dropped to 0.497562.

Annual flooding in Australia from 2009 to 2015, caused the Aussie dollar to drop to a low 0.846033 to the euro in August 2012. Since then the euro has fluctuated between 0.6 and 0.75.

AUD to EUR exchange rate history

We’ve put together the average exchange rate for the Australian dollar against the euro for the past week.

Feb 22 Feb 23 Feb 24 Feb 25 Feb 26 Feb 27 Feb 28
1 AUD = 0.6110 Inverse: 1.6367 0.6094 Inverse: 1.6409 0.6093 Inverse: 1.6411 0.6071 Inverse: 1.6472 0.6014 Inverse: 1.6628 0.5984 Inverse: 1.6711 0.5902 Inverse: 1.6943

Average exchange rate over the past 6 months.

Oct 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Feb 2020
1 AUD = 0.6134 Inverse: 1.6303 0.6157 Inverse: 1.6242 0.6136 Inverse: 1.6296 0.6180 Inverse: 1.6181 0.6169 Inverse: 1.6210 0.6047 Inverse: 1.6537

Average exchange rate over the past 10 years.

1 AUD =0.5500
Inverse: 0.4899
Inverse: 0.6078
Inverse: 0.6571
Inverse: 0.6415
Inverse: 0.6666
Inverse: 0.5501
Inverse: 0.5147
Inverse: 0.5206
Inverse: 0.5784
Inverse: 0.5500

What affects AUD to EUR exchange rates?

Five economic and financial indicators affect how the Australian dollar trades with the euro: GDP, retail sales, industrial production, relative inflation rates and trade balances.

Less aggressive factors are consumer confidence, the strength of other currencies, investor speculation and day-to-day news about natural disasters, elections and new government policies.

Bottom line

When exchanging Australian dollars for euros, find a provider that show you both the buy or sell rate to find out its fees. Ultimately, the closer you can get to the mid-market rate, the better the deal.

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