CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading in CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

EUR/AUD

Euro (EUR) to Australian dollar (AUD) exchange rate.

 SELL Open a SELL trade on  SELL Open a SELL trade on Of current open trades, % are BUY and % are SELL BUY  Open a BUY trade on BUY  Open a BUY trade on   The daily price change of
Product Type: CurrenciesMarket: Global
Trading Hours: 24 hours, Mon-Fri.
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Description:

Euro against the Australian dollar (EUR/AUD) is a cross pair of the euro, which is the 2nd most commonly-traded currency in the foreign exchange market. The EUR (nicknamed “fiber” or “fibre”) and the AUD (nicknamed “Aussie”) are the official currencies of the world’s largest trading bloc and the 12th largest national economy, respectively. EUR/AUD indicates how much of the Aussie is needed to buy one euro. EUR/AUD's exchange rate is greatly affected by the Eurozone and Australia’s respective economic policies, unemployment rates, import/export data and gross domestic product (GDP) growth.

Interesting Facts:

  • Both the euro and the Australian dollar are Majors. The euro is the single currency of the Eurozone, consisting of 19 of the 28 EU members. It is also one of the top three reserve currencies in the world.
  • Australia is known as the Land of Plenty. Immensely rich in natural resources, it is one of the worlds’ top exporters of metals, minerals and agriculture commodities and byproducts.
  • Aussie exports are directed mainly to Northeast Asia (a third of which to China, a fifth to Japan, and another fifth to South Korea and India).