YEARLY HIGH
0.6579 EUR
YEARLY LOW
0.5856 EUR
YEARLY AVERAGE
0.6141 EUR

2023 AUD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AUD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.6579. Conversely, the yearly low was recorded on August 19, dropping to 0.5856.

This high-to-low spread represents a total annual volatility of 0.0722 EUR. From a start-to-finish perspective, comparing the January average rate of 0.6451 to the December average rate of 0.6137, the exchange rate registered a net change of -4.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6579 was down 5.78% compared to the 2022 peak of 0.6982, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AUD based on timing:

Yearly Peak High 3,289 EUR
2022 Average 3,298 EUR
Yearly Trough Low 2,928 EUR
Transaction Impact: A difference of 361.22 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6502
0.5888
JanuMarcMayJulySeptNove

AUD to EUR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.6251, compared to 0.6032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0219 points.

H1 Avg (Jan–Jun) 0.6251
H2 Avg (Jul–Dec) 0.6032

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0277 EUR (High: 0.6222 / Low: 0.5945). On the other end, December was the most stable month, with a tight range of 0.0107 EUR (High: 0.6180 / Low: 0.6072).

April Spread (Volatile) ±0.0277
December Spread (Stable) ±0.0107

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0199 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0199

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6451) against the same month in 2022 (average: 0.6335), the exchange rate shifted by +0.0115 (+1.82%).

2023 Avg (January) 0.6451
2022 Avg (January) 0.6335

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6579 0.6370 0.6451
February 0.6508 0.6353 0.6435
March 0.6360 0.6154 0.6236
April 0.6222 0.5945 0.6085
May 0.6174 0.6000 0.6104
June 0.6285 0.6046 0.6197
July 0.6151 0.6027 0.6085
August 0.6012 0.5856 0.5939
September 0.6084 0.5944 0.6014
October 0.6093 0.5938 0.6007
November 0.6071 0.5946 0.6007
December 0.6180 0.6072 0.6137