What can affect the EUR to AUD exchange rate?
Economic data released each month by countries in Europe and by Australia goes a long way to create either uncertainty or doubt for investors. This can cause the rate to move up or down and affect the value when you convert euro to AUD.
In addition, political developments and statements from key figures in parliament can have a similar effect. Sentiments expressed in parliament, in the media and even on social media are able to influence the rate, demonstrating how volatile the foreign exchange market can be.
Convert EUR to AUD with competitive rates and low fees
With a moneycorp international payments account, you can make the most out of your money when you convert euro to AUD. We offer great rates and low fees, typically working out cheaper than high street banks.
Rely on our team of dedicated specialists to monitor the euro to AUD rate and provide you with any guidance required for your international payment to Australia.