Euro to Australian dollar annual average exchange rate 1999-2018

Euro (EUR) to Australian dollar (AUD) annual average exchange rate from 1999 to 2018

by James Cherowbrier, last edited Aug 9, 2019
Euro to Australian dollar annual average exchange rate 1999-2018 Exchange rates fluctuate against each other constantly. The rate in which one currency performs against another depends on the demand that it generates at any given time. Exchange rates are affected by several factors including international trade, tourism and geopolitical tensions. The Euro to Australian annual average exchange rate in 2018 increased from the previous year.
Euro gains strength against the Brexit Pound

One good example of geopolitical risks having a negative effect on the strength of a currency is to look at the British Pound post Brexit referendum. The average annual exchange rate of the Euro to GBP increased significantly between 2015 and 2018.

The Euro vs the world

Since 2016, the euro has performed well against several other currencies. The Euro to U.S dollar had seen its annual average exchange rate increase by .07 in the previous years. Against the Indian Rupee, the Euro had performed even better, with the average annual exchange rate equaling 80.73 in 2018.
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Euro (EUR) to Australian dollar (AUD) annual average exchange rate from 1999 to 2018

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