Gain comprehensive access to over 20 years of historical exchange rate data for the Euro to Australian Dollar currency pair. Explore daily, monthly, and yearly trends to understand currency fluctuations and make informed decisions.
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Diving into EUR to AUD Historical Rates
Understanding the historical exchange rates between the euro (EUR) and the Australian dollar (AUD) is crucial for businesses and individuals alike. Whether you are planning international money transfers, managing currency risk, or simply tracking market trends, access to long-term data provides valuable insights. The table below presents recent exchange rates, offering a snapshot of the EUR to AUD conversion landscape.
| Date | 1 EUR= |
|---|---|
| Average | 1.649402 |
| October 31, 2024 | 1.625485 |
| November 30, 2024 | 1.627718 |
| December 31, 2024 | 1.655977 |
| January 31, 2025 | 1.663046 |
| February 28, 2025 | 1.652291 |
| March 3, 2025 | 1.671898 |
Understanding the Euro (EUR)
The euro, symbolized as € and with the currency code EUR, is the official currency for 19 of the 27 member states within the European Union. It is managed by the European Central Bank (ECB) and stands as a significant global currency, recognized as a reserve currency worldwide. While not considered a safe haven currency in the traditional sense, the euro’s stability and the economic power of the Eurozone underpin its importance in international finance. The Eurozone encompasses a vast economic area including major economies such as Germany, France, Spain, and Italy, influencing global trade and financial markets.
Key features of the Euro:
- Currency Name: Euro
- Currency Code: EUR
- Currency Symbol: €
- Central Bank: European Central Bank (ECB)
- Reserve Currency Status: Yes
- Used in: Numerous European countries including Germany, France, and Italy.
Decoding the Australian Dollar (AUD)
The Australian dollar, denoted by the symbol $ or A$ and currency code AUD, is the official currency of the Commonwealth of Australia. It is also used by several independent Pacific Island nations. The Reserve Bank of Australia (RBA) manages the AUD. Like the euro, the Australian dollar holds the status of a reserve currency, reflecting Australia’s robust economy and its significant role in global trade, particularly in commodities. However, it is not typically categorized as a safe haven currency. The AUD is closely tied to commodity prices and the economic performance of Asia, especially China, a major trading partner of Australia.
Key features of the Australian Dollar:
- Currency Name: Australian dollar
- Currency Code: AUD
- Currency Symbol: $, A$
- Central Bank: Reserve Bank of Australia
- Reserve Currency Status: Yes
- Used in: Australia and some Pacific Island nations.
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