If you’re a forex investor or simply looking to trade Australian dollars for euros, get the most for your money with a strong exchange rate.
Today’s mid-market rate
The mid-market Australian dollar–to–euro exchange rate is 1 AUD = 0.73 EUR. (Rate accurate as of March 2, 2017.)
Get the best rate for your AUD > EUR exchange
We’ve gathered today’s best rates to inform your forex decisions when trading Australian dollars for the euro.
|1 USD =||1.0000||1.2686 Inverse: 0.7883||1.2650 Inverse: 0.7905||0.810692 Inverse: 1.2335||6.3516 Inverse: 0.1574||0.714477 Inverse: 1.3996||64.875 Inverse: 0.0154||18.7031 Inverse: 0.0535||52.22025 Inverse: 0.0192|
|1 AUD =||0.7883 Inverse: 1.2686||1.0000||0.9972 Inverse: 1.0028||0.6391 Inverse: 1.5648||5.0070 Inverse: 0.1997||0.5632 Inverse: 1.7755||51.1409 Inverse: 0.0196||14.7436 Inverse: 0.0678||41.1651 Inverse: 0.0243|
|1 EUR =||1.2335 Inverse: 0.8107||1.5648 Inverse: 0.6391||1.5604 Inverse: 0.6409||1.0000||7.8348 Inverse: 0.1276||0.881318 Inverse: 1.1347||80.02427 Inverse: 0.0125||23.0706 Inverse: 0.0433||64.4144 Inverse: 0.0155|
|1 GBP =||1.3996 Inverse: 0.7145||1.7755 Inverse: 0.5632||1.7705 Inverse: 0.5648||1.1347 Inverse: 0.8813||8.8899 Inverse: 0.1125||1.0000||90.800676 Inverse: 0.0110||26.1773 Inverse: 0.0382||73.0888 Inverse: 0.0137|
How does the Australian dollar trade against the euro historically?
Both the Australian dollar and the euro are fairly new currencies. In 1966, the Australian dollar was introduced to replace the Australian pound. At the time, the Aussie dollar was maintained under the Bretton Woods monetary system that established rules for the commercial and economic relationships among the US, Canada, Western Europe, Australia and Japan.
The euro was introduced on January 1, 2002. At the time, the Aussie dollar was valued at 0.584832 per euro. Due to the global financial crisis of 2008, the euro went from a stable 0.5 to above 0.6 against the Australian dollar until December 2008, when it dropped to 0.497562 and then rebounded to around 0.5.
Due to annual flooding in Australia from 2009 to 2015, the Aussie dollar has deterred and dropped to a low of 0.846033 to the euro in August 2012. Since then the euro has fluctuated between 0.6 and 0.75.
AUD > EUR exchange rate history
We’ve put together the annual average exchange rate for the Australian dollar against the euro from 2007 to 2016.
|Year||AUD = EUR|
Here’s the monthly average exchange rate for the Australian dollar to euros over the past 12 months.
|Year||AUD = EUR|
What affects AUD > EUR exchange rates?
Five economic and financial indicators affect how the Australian dollar trades with the euro: the country’s 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.
Compare today’s rates from providers who can send AUD to EUR
When exchanging Australian dollars for euros, find a provider that offers two-sided quotes to understand the spread they charge. If they show you only the buy or sell rate — but not both — consider looking elsewhere. Ultimately, the closer you can get to the mid-market rate, the better the deal.