eur aud investing

Euro/ Australian Dollar

The currency exchange rate for the Euro against the Australian Dollar can be found below. One Euro ('base currency') is quoted in comparison to one Australian Dollar ('counter currency'). When the European sovereign debt crisis began in 2012, EUR/AUD reached its lows at A$1.1619. Due to ECB President Draghi's threat to do 'whatever it takes', the pair has recovered since mid-July 2012 primarily because of the Outright Monetary Transactions (OMT) policy of the European Central Bank.