Converting your Euros (EUR) to Australian Dollars (AUD) or vice versa is a common need for travelers, businesses, and individuals dealing with international transactions. Understanding the current exchange rates is crucial to ensure you get the most out of your money. Our currency converter provides up-to-date exchange rates, allowing you to calculate the value of EUR to AUD and many other currencies using cross rates. Currency codes are standardized by ISO 4217:2015, ensuring clarity and consistency in international finance.
| 1 AUD | = | 0.5973 EUR |
|---|---|---|
| Australian dollar | ↔ | Euro |
| 1 AUD = 0.5973 EUR | 1 EUR = 1.6741 AUD | |
| ECB Exchange rates: 2025-02-28 14:56:58 |
When it comes to international money transfers, traditional banks often impose hidden fees and unfavorable exchange rates. This can significantly increase the cost of sending or receiving money across borders. For a more cost-effective solution, consider using Wise (formerly TransferWise). Compared to conventional banks, Wise typically offers much lower fees and transparent exchange rates. For example, transferring 1000 EUR to AUD with Wise could cost significantly less than with a traditional bank.
Understanding Cross Currency Rates for EUR to AUD
Cross currency rates are essential when you need to convert between two currencies that are not the domestic currency of the quoting market. In essence, the EUR to AUD exchange rate is a cross rate because neither currency is the US Dollar, for example, when quoted in the USA. These rates are calculated based on the individual values of each currency against a common currency, often the US dollar.
| EUR | USD | GBP | CHF | CAD | AUD | JPY |
|---|---|---|---|---|---|---|
| EUR | 1 | 1.0411 | 0.8261 | 0.9394 | 1.5019 | 1.6741 |
| USD | 0.9605 | 1 | 0.7935 | 0.9023 | 1.4426 | 1.6080 |
| GBP | 1.2105 | 1.2603 | 1 | 1.1372 | 1.8181 | 2.0266 |
| CHF | 1.0645 | 1.1083 | 0.8794 | 1 | 1.5988 | 1.7821 |
| CAD | 0.6658 | 0.6932 | 0.5500 | 0.6255 | 1 | 1.1147 |
| AUD | 0.5973 | 0.6219 | 0.4934 | 0.5611 | 0.8971 | 1 |
| JPY | 0.0064 | 0.0066 | 0.0053 | 0.0060 | 0.0096 | 0.0107 |
This table provides a matrix of cross currency rates. To find the EUR to AUD rate, locate EUR in the first column and AUD in the row header. The corresponding value (1.6741) indicates how many Australian Dollars you would get for 1 Euro. Conversely, to convert AUD to EUR, find AUD in the first column and EUR in the row header to find the rate (0.5973).
Our Currency Converter updates its rates daily using central bank data, ensuring you have access to the latest exchange rates for your conversion needs. For automated currency updates, consider exploring our currency converter API which offers live updates for over 150 currencies, perfect for integrating into your own systems.
* Rates are based on central bank data, updated daily between 2.15 p.m. and 3.00 p.m. CET.
