2024 EUR to AUD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 EUR to AUD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the EUR to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 1.6808. Conversely, the yearly low was recorded on November 22, dropping to 1.6018.
This high-to-low spread represents a total annual volatility of 0.0790 AUD. From a start-to-finish perspective, comparing the January average rate of 1.6421 to the December average rate of 1.6559, the exchange rate registered a net change of 0.84% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 1.6808 was down 1.57% compared to the 2023 peak of 1.7076, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
EUR to AUD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1.6422, compared to 1.6387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 0.0580 AUD (High: 1.6786 / Low: 1.6206). On the other end, May was the most stable month, with a tight range of 0.0184 AUD (High: 1.6413 / Low: 1.6229).
Growth Streaks & Declines
TrendsBetween January and March, 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 April and May, when the average rate fell by 0.0167 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 1.6568) against the same month in 2023 (average: 1.6838), the exchange rate shifted by -0.0270 (-1.60%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.6614 | 1.6170 | 1.6421 |
| February | 1.6689 | 1.6479 | 1.6539 |
| March | 1.6692 | 1.6472 | 1.6576 |
| April | 1.6619 | 1.6332 | 1.6478 |
| May | 1.6413 | 1.6229 | 1.6312 |
| June | 1.6402 | 1.6043 | 1.6203 |
| July | 1.6607 | 1.6042 | 1.6261 |
| August | 1.6808 | 1.6305 | 1.6568 |
| September | 1.6629 | 1.6105 | 1.6407 |
| October | 1.6548 | 1.6046 | 1.6254 |
| November | 1.6577 | 1.6018 | 1.6273 |
| December | 1.6786 | 1.6206 | 1.6559 |