EURAUD

EURAUD • Forex

Current Price: 1.75193

About Euro - Australian Dollar

The Euro vs. the Australian Dollar. This pair is considered to be a great barometer for global risk. In 2012, during the European sovereign debt crisis the EURAUD reached its low. Since then, due to the European Central Bank’s policy of Outright Monetary Transactions (OTM or the “whatever it takes” measure ) the pair has recovered substantially.

How is EURAUD exchange rate calculated?
The value of the EURAUD pair is quoted as 1 EUR per x AUD. For example, if the pair is trading at 1.50, it means it takes 1.5 AUD to buy 1 EUR.

What is EURAUD volatility?
The term volatility describes the risk related to the changes in an asset's value. EURAUD has the volatility rating of 0.96%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.

What kind of pair EURAUD?
EURAUD is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.