I am planning to exchange some Australian Dollars (AUD) to Euros (EUR), and I want to know the best exchange rate available. I'm looking for the most favourable rate to maximize the amount of EUR I can get for my AUD.
7 answers
Tue Jan 14 2025
This rate is also recognized as the interbank rate.
Tue Jan 14 2025
It signifies the real-time exchange rate at which major financial institutions conduct currency transactions.
Tue Jan 14 2025
The mid-market rate is determined by supply and demand dynamics in the global foreign exchange market.
Tue Jan 14 2025
The most favorable exchange rate for converting Australian dollars (AUD) to euros (EUR) is the mid-market rate.
Tue Jan 14 2025
It fluctuates constantly throughout the trading day.