WatchTower

Seasonality · EUR/AUD · 12 November 2026

EUR/AUD seasonality: is November bullish for EUR/AUD?

Over the last 14 years (2012 to 2025), EUR/AUD rose in November 6 times, with an average move of −0.10% and a median of −0.37%. December, the month ahead, has risen in 8 of 15 years, +0.45% on average (median +1.47%).

Its best month on average is August (+0.74%, up in 10 of 15) and its worst is October (−0.32%, up in 7 of 15).

The seasonal pattern: average return by month

JanFebMarAprMayJunJulAugSepOctNovDec

Monthly seasonal returns, all 12 months

MonthAverageMedianUp yearsBestWorstSample
January −0.25% −0.15% 7 of 15 +3.58% (2020) −3.45% (2026) 2012–2026
February −0.19% +0.09% 8 of 15 +2.39% (2020) −2.96% (2017) 2012–2026
March +0.13% −0.47% 7 of 15 +5.94% (2020) −4.30% (2022) 2012–2026
April +0.40% +0.67% 10 of 15 +4.06% (2017) −6.59% (2020) 2012–2026
May +0.54% +0.19% 8 of 15 +6.48% (2013) −3.69% (2018) 2012–2026
June +0.01% −0.12% 7 of 15 +5.01% (2013) −3.46% (2016) 2012–2026
July +0.09% −0.41% 5 of 15 +4.46% (2013) −5.43% (2012) 2012–2026
August +0.74% +0.51% 10 of 15 +4.82% (2015) −2.24% (2014) 2012–2026
September +0.08% −0.41% 7 of 15 +3.68% (2022) −2.27% (2013) 2012–2026
October −0.32% −0.46% 7 of 15 +3.11% (2024) −3.96% (2021) 2012–2026
November (now) −0.10% −0.37% 6 of 14 +3.88% (2013) −5.70% (2015) 2012–2025
December (next) +0.45% +1.47% 8 of 15 +4.98% (2018) −3.63% (2011) 2011–2025

Each month is the last 15 complete years of that month, from the Federal Reserve's daily exchange rates (H.10), month-end to month-end. The month in progress is not counted. History, not a forecast.

EUR/AUD in November, year by year

November 2025+0.42%
November 2024−2.29%
November 2023−1.18%
November 2022−0.59%
November 2021+3.52%
November 2020−1.99%
November 2019+0.62%
November 2018−3.10%
November 2017+3.44%
November 2016−0.58%
November 2015−5.70%
November 2014+2.38%
November 2013+3.88%
November 2012−0.17%

Questions

Is November bullish for EUR/AUD?

Over the last 14 years (2012 to 2025), EUR/AUD rose in November 6 times, with an average move of −0.10% and a median of −0.37%. That is no clear lean; the range runs from −5.70% (2015) to +3.88% (2013). A seasonal tendency is history, not a forecast.

What is the best month for EUR/AUD?

Its best month on average is August (+0.74%, up in 10 of 15) and its worst is October (−0.32%, up in 7 of 15). Measured over the last 15 years of each month, from the Federal Reserve's daily exchange rates (H.10), month-end to month-end.

What happens to EUR/AUD in December?

December, the month ahead, has risen in 8 of 15 years, +0.45% on average (median +1.47%).

How reliable is EUR/AUD seasonality?

Fifteen years is fifteen observations per month, so one large year can move an average a long way; the median and the count of up years are steadier. Seasonality is one input among several, and is weighed as one in the terminal's composite score.

More on EUR/AUD: EUR/AUD analysis · EUR/AUD rate differential · EUR/AUD retail sentiment · Euro outlook · Euro COT positioning · ECB rate expectations · Eurozone economic surprises · Australian Dollar outlook · Australian Dollar COT positioning · RBA rate expectations · Australian economic surprises

Other seasonality: EUR/USD in Nov −0.12% · AUD/USD in Nov +0.03% · EUR/GBP in Nov −0.67% · EUR/JPY in Nov +0.96% · EUR/CHF in Nov −0.27% · EUR/CAD in Nov +0.20% · EUR/NZD in Nov −1.09% · GBP/AUD in Nov +0.59% · AUD/JPY in Nov +1.10% · AUD/NZD in Nov −0.97% · all 39

In WatchTower Terminal, the Seasonality panel draws the EUR/AUD path through the year over 5, 10 and 15 years against this year. Not financial advice.