The live euro-to-Australian-dollar rate, updated every minute. Book EUR→AUD with SummitFX on WhatsApp — same-day AUD settlement when you transact during the European morning.
Use the tabs to view the last week, month, year, or five years of daily closing rates. The shaded band shows the high-low range for the period — a quick visual read on volatility.
Type in either box — enter a EUR amount to see what you'd get in AUD, or enter a target AUD amount to see how many euros you'd need. Calculated at the live mid-market rate shown above.
Note: The rate shown is the live mid-market rate. Your actual executable rate includes a small spread — typically 0.4–0.7% at SummitFX vs 2–4% at a UK high street bank. We'll always show the full breakdown before you book.
EUR/AUD is one of the most-traded euro crosses, reflecting two G20 economies on opposite sides of the world. The pair moves on relative ECB-RBA policy, eurozone economic data, commodity prices, China demand for Australian goods, and global risk sentiment. AUD is the textbook 'risk-on' currency while EUR is a major reserve currency exposed to eurozone-specific stress, making EUR/AUD a useful expression of relative European versus Asia-Pacific economic conditions.
European Central Bank policy: The ECB sets eurozone interest rates (deposit rate 2.0% in early 2026). The ECB-RBA policy gap is a key driver of EUR/AUD. ECB rate decisions and Christine Lagarde's press conferences are the biggest scheduled EUR events for the pair.
Eurozone HICP: Harmonised inflation drives ECB rate expectations. Hot CPI prints support EUR by raising rate-hold expectations; soft prints weaken it. CPI surprises move EUR/AUD because they shift the ECB-RBA policy gap.
German and French data: The two largest eurozone economies disproportionately drive the euro. German ZEW, Ifo, and industrial production prints, plus French PMIs, are the most-watched eurozone indicators for EUR/AUD.
Eurozone sovereign spreads: Bund-BTP, Bund-OAT, and Bund-Bono spreads signal eurozone fragmentation risk. Widening spreads tend to weaken EUR against most currencies including AUD.
EU political risk: Elections in major member states, fiscal-rule disputes, and anything that threatens eurozone cohesion adds a risk premium. EU-specific stress tends to push EUR/AUD lower as EUR weakens.
Reserve Bank of Australia policy: The RBA sets Australian interest rates and meets monthly except January. The cash rate is the dominant AUD driver. Markets watch the post-meeting statement and the Statement on Monetary Policy closely for forward guidance.
Commodity prices: Australia is heavily commodity-dependent, particularly iron ore, coal, gas, lithium, and gold. Rising commodity prices typically support AUD; falling prices weigh on it. Chinese industrial demand is a major input here.
China data: China is Australia's largest trading partner, taking around 30% of Australian exports. Chinese PMI, industrial production, and stimulus announcements often move AUD more than Australian domestic data.
Australian labour market: Monthly employment prints and quarterly wage data are watched closely. A tight Australian labour market combined with sticky wages tends to support the AUD by raising rate-hike expectations.
Risk sentiment: AUD is the textbook 'risk-on' currency. In bullish global market phases AUD typically outperforms; in stress episodes it sells off sharply. AUD/JPY is widely watched as a global risk gauge that often moves in the same direction as EUR/AUD's risk-on/risk-off dynamics.
The EU and Australia are working towards a comprehensive trade agreement, with negotiations active throughout 2024-2026. Bilateral trade is worth around €60 billion annually across goods and services, dominated by EU machinery, pharmaceuticals, and luxury goods exports to Australia, and Australian commodity, agricultural, and mineral exports to the EU. The corridor's defining historical feature is large-scale European migration to Australia — particularly Greek, Italian, Yugoslav, and Maltese post-WW2 waves, plus more recent Polish, Romanian, and German skilled migration. These communities sustain regular family-support and remittance flow. Australian super funds and asset managers are also significant holders of EUR-denominated assets.
Australia is 8-10 hours ahead of central Europe and 9-11 hours ahead of the UK. To get same-day AUD delivery, the conversion needs to happen during European morning so the Australian banking day is still active. By European afternoon, Australian banking has typically wound down for the day.
Three things most commonly cause EUR→AUD transfers to slip past same-day:
Late EUR funding. Our cutoff is 13:00 UK time for same-day AUD settlement — earlier than EUR-USD or EUR-CAD because Australian banks close in the early UK afternoon. SEPA Credit Transfer typically takes a few hours bank-to-bank; SEPA Instant credits within seconds. Initiate the EUR transfer the day before or early morning to ensure EUR arrives in time.
AUD intermediary bank routing. SWIFT wires to smaller Australian banks may route through a Sydney-based intermediary which adds an hour or two of internal processing. Most major banks (Commonwealth Bank, Westpac, NAB, ANZ) credit directly within their business day.
Australian public holidays. Australia has more state-level holidays than most countries, which can affect specific receiving banks. Notable ones for FX: Australia Day (26 January), Anzac Day (25 April), Queen's Birthday (varies by state, June). Eurozone-only holidays don't affect AUD outbound, but Australian holidays close AUD payment systems entirely.
For property completions and other tight-deadline AUD payments, we recommend booking the day before so the wire is on its way at the start of the Australian business day. Forward contracts work well for ongoing EU-Australia supplier payments and for emigration-related transfers where the move date is fixed but currency timing is flexible.
EUR/AUD is the corridor for eurozone residents and businesses with meaningful Australian-dollar obligations, plus anyone with Australian property, family, or business interests. Common use cases:
European residents (German, Italian, Greek, Polish, Dutch) moving permanently to Australia under skilled migration programmes, family reunification, or working holiday visas converting to permanent residency. These are typically large one-off transfers — savings, pension lump sums, property sale proceeds — where broker spreads vs bank spreads make a meaningful difference on the move.
European buyers purchasing Australian property — particularly in Sydney, Melbourne, Brisbane, and Queensland coastal regions. Australia has Foreign Investment Review Board restrictions on residential property; understand the rules before committing. Forward contracts protect deal economics from currency moves during the 6-12 week conveyancing window.
Post-WW2 European emigration created huge Italian, Greek, Maltese, and Yugoslav communities in Australia. Recurring family-support transfers between European relatives and Australian-based descendants generate steady EUR-AUD flow. Italy-Australia is one of the largest such corridors globally with around 1 million Australians of Italian heritage.
European businesses sourcing Australian wine, beef, lamb, gold, lithium, rare earth materials, and specialist agricultural products. Tight spreads on regular high-volume payments protect margin.
European pension funds, insurance companies, and asset managers (Allianz, Generali, Aviva, Norway's GPFG) holding Australian government bonds, equities, or commercial real estate. Topping up institutional positions or rebalancing portfolios generates regular EUR-to-AUD flow.
European students at Australian universities (Sydney, Melbourne, ANU, UNSW) supported by European-based families. Predictable termly fee schedules suit forward contracts. Working Holiday Visa flows also generate this corridor.
You can convert euros to Australian dollars through your bank, through a transfer app, or through a broker. EUR/AUD is moderately liquid given the active migration corridors, but bank markups remain wide for retail customers — making broker access valuable.
Everything clients typically ask about sending euros to Australian dollars. Still have questions? Message us on WhatsApp — a real dealer, not a bot, will reply.
We never forecast — but the chart above puts today's rate in context. AUD is volatile and driven by commodity prices, China data, and risk sentiment, so timing matters more than for some major pairs. If EUR/AUD is near its 30-day high, you're getting more Aussies per euro than the monthly average. Rate alerts let you set a target and wait passively.
European and Australian banks typically mark up EUR/AUD by 2–4% for retail customers. SummitFX spreads are 0.4–0.7% depending on size. On a €200,000 emigration transfer that's a saving of €3,000–€7,000 in your favour.
Book and fund by 13:00 UK time on a business day and AUD typically lands in your beneficiary's account the same Australian business day. The early UK cutoff exists because Australian banks close during our early afternoon. Late bookings settle the next Australian business day.
Yes — and we strongly recommend it. Australian conveyancing typically runs 6 weeks to 3 months from contract to settlement, during which EUR/AUD can move 5%+ against you. A forward contract fixes today's rate for delivery on completion day; you pay a deposit (typically 5–10%) upfront and settle the balance at completion.
No hard minimum — we handle trades from €500 to €5m+. Below around €5,000 the spread widens slightly to cover fixed execution costs. For recurring smaller payments to family in Australia, market orders or standing arrangements work better than ad-hoc bookings.
The rate shown on Google, XE, or the chart above is the mid-market rate — the midpoint of interbank buy and sell quotes. Nobody gets exactly that rate; providers add a margin. Banks typically 2–4%, Wise 0.5–0.7%, SummitFX 0.4–0.7% — with our clients also getting a named dealer and WhatsApp access.
Because China is Australia's largest trading partner, taking around 30% of Australian exports — particularly iron ore, coal, gas, and lithium. Chinese economic data, PMI prints, and policy announcements often move AUD as much as Australian domestic data. When China's industrial demand looks strong, AUD strengthens; when Chinese growth slows, AUD weakens. This makes EUR/AUD partly a play on Chinese economic momentum.
Your rate is locked the moment you reply CONFIRM on a quote. Even if a China data surprise or commodity move sends EUR/AUD sharply lower before your EUR clears to us, the rate you receive stays exactly as booked. AUD can move 1-2% in a single session on China or commodity news; locking is essential for time-critical Australian payments.
Message us on WhatsApp and we'll have a live executable rate back in seconds.