"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
Overall best option: Wise
Wise is our recommended company for sending money to Australia from EUR.
Of the 23 companies that support EUR to AUD, Wise offered the best combination of cost and speed.
Overall, Wise appeared in 100% of Spain to Australia searches, consistently scoring as one of the best ways to send EUR to AUD.
So for a great mix of cost, speed & features, send Euros to Australia using Wise.
How to compare companies offering money transfers from Spain to Australia
Considerations for money transfers from Spain to Australia
Comparing providers offering services between Spain and Australia, based on your specific needs is the best way to send money with confidence.
Our comparison includes 23 companies that provide the ability to send Euro to Australia.
This ensures you get the best options for transfers to Australia from Spain, based on the amount you want to send.
Cheapest way to send money to Australia from Spain: Western Union
The cost is a combination of an average fee of 0* EUR and an exchange rate for converting Euro to Australian Dollar that is -0.09% different to the mid-market rate.
On average, Western Union is 0.2% cheaper than the second-best option.
We would recommend Western Union for low cost, affordable transfers from Australian Dollars to Australia.
*The most common fee applied to EUR-AUD by Western Union, based on data from the past six months.
Fastest way to transfer money to Australia from Spain: Wise.
Through our data, we found Wise to be the fastest option for sending money from Spain into Australian Dollar in 69.2% of occasions. For fast EUR to AUD money transfers, Wise comes highly recommended.
Spain to Australia transfers with Wise have an average fee of 6.07 EUR.
To test that Wise was the 'fastest' option we compared 23 providers. With this, we compared overall speed of sending money from Spain to Australia made up of depositing Euros, to a money transfer account and transfer times to Australia.
When sending at speed is a priority, Wise is our recommended choice for sending into Australia from Spain.
Transfer a large amount of money
Wise is the strongest option for large transfers of the 23 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from Spain to Australia can become expensive through your bank or with the wrong provider.
Our data shows Wise as the best choice for sending large sums of money to Australia from Spain.
Understanding the cost of transferring money to Australia from Spain
Fees and exchange rates make up the total cost of sending money from Australia to Australia. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current EUR-AUD mid-market rate is 1.6572 AUD per Euro. You will get more Australian Dollar for your Euros if you find a provider close to this number.
For context, over the last three months the EUR-AUD mid-market rate has had a high of 1.6904, a low of 1.6022 and averaged 1.6418 AUD per Euro.
Across the 23 companies compared, the best exchange rate is with Wise.
Unless fees are unusually high, the exchange rate you receive on converting EUR to AUD will be the biggest determining factor when working out the cost of transferring Euros to Australia.
Fees: Transfer fees are charged as part of the transfer. Western Union at an average of 0 EUR per transfer over the last 6 months, offers the lowest fees overall. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Australian Dollar eventually received in Australia. You can assume that a lower cost of sending from Spain will result in more money received in Australia.
Getting best exchange rate for transferring Euro to Australian Dollar
When transferring money between EUR and AUD, timing can make a huge difference. The exchange rate you secure impacts how much AUD you get for your EUR.
Let's dive into some interesting recent trends.
Over the past six months, the mid-market rate from EUR to AUD has fluctuated slightly. On average, it was 1.6418.
Across this six month period, the highest value recorded was 1.6904, while the lowest was 1.6022.
Wise, which is our recommended service to send money online from Spain to Australia offers an exchange rate that is only -0.04% above the mid-market rate.
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Paying for your Spain to Australia transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Australia and Spain.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Spain to Australia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to AUD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.