Euro – Australian Dollar

EUR (Euro)
Currency unit of Eurozone which includes 18 leading countries of Europe. The second world’s reserve currency after US dollar in order of importance.
Issued by: European Central Bank (ECB)
Price dynamics depends on the interest rates of ECB, inflation and growth rates of the region’s economy.

AUD (Australian dollar)
Currency unit of the Commonwealth of Australia including Christmas Island, the Cocos Islands and Norfolk Island as well as independent Pacific countries such as Karibati, Nauru and Tuvalu. It belongs to a group of commodity currencies.
Issued by: Reserve Bank of Australia
Price dynamics mainly depends on the oil prices, interest rates of Reserve Bank of Australia, inflation and growth rates of Australian economy