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EUR to HKD - Rate Guide

Euro to Hong Kong Dollar exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

EUR/HKD update & alerts

1 EUR = 8.6147 HKD

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EUR to HKD - Trading Range (90 Day)
ALERT: 60-DAY LOWS 🔔 |
EUR/HKD at 8.6159 is trading 0.6% below the 90-day average 8.6694 with a range 8.5952 to 8.7629. ALERT: EUR/HKD has dropped to 60-DAY LOWS.
17-Jan-2020 16:NY 21:LON 08:SYD+1d

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EUR/HKD Exchange Rates and Providers Compared

This guide to the Euro to Hong Kong Dollar exchange rate with 90-day chart & alerts, historic rates, forecasts and EUR to HKD comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. If you want to calculate equivalent amounts in foreign currencies or rate margins then use our EUR/HKD Quick Calculator.

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for EUR/HKD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

EUR to HKD International Money Transfers

  

Foreign Transfer ProvidersReceive HKD(HK$)Exchange RateFee EURTotal CostDeal Links
WorldFirst logo
HK$42,858
Best Overall
8.571600.5%
OFX logo
HK$41,990
HK$868 less
8.39790 for BER users (normally $15)2.52%
TorFX logo
HK$41,948
HK$910 less
8.389502.61%
HSBC logo
HK$41,108
HK$1,750 less
8.2339€7.54.56%
Deutsche Bank International Money Transfers
Deutsche Bank logo
HK$40,716
HK$2,142 less
8.2255€505.47%
Citibank International Money Transfers
Citibank logo
HK$40,693
HK$2,165 less
8.1582125.53%
Santander International Money Transfers
Santander logo
HK$40,460
HK$2,398 less
8.1245206.07%
Banks - Average Rate
Deutsche Bank logo Santander logo Citibank logo HSBC logo Bank of Ireland logo Crédit Agricole logo AIB Bank logo BNP Paribas logo
HK$40,397
HK$2,461 less
8.1382126.22%
BNP Paribas International Money Transfers
BNP Paribas logo
HK$40,297
HK$2,561 less
8.1409€506.45%
Bank of Ireland International Money Transfers
Bank of Ireland logo
HK$40,216
HK$2,642 less
8.1245€506.64%
Crédit Agricole International Money Transfers
Crédit Agricole logo
HK$39,925
HK$2,933 less
8.0657€507.31%
AIB Bank International Money Transfers
AIB Bank logo
HK$39,758
HK$3,100 less
8.032€507.7%
 
WorldFirst logo
WorldFirst: Foreign Transfer EUR→HKD
From Amount (EUR)€5,000
Fee:
Exchange Rate:8.5716 (0.5% from mid-rate)
To Amount (HKD) HK$42,858
Total Cost:0.5%
Time:18:05 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 
OFX logo
OFX: Foreign Transfer EUR→HKD
From Amount (EUR)€5,000
Fee:0 for BER users (normally $15)
Exchange Rate:8.3979 (2.52% from mid-rate)
To Amount (HKD) HK$41,990
Total Cost:2.52%
Difference:
HK$868 HKD less than using WorldFirst
Time:
Rate Fetched: Sun Jan 19 2020 17:11:59 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
TorFX logo
TorFX: Foreign Transfer EUR→HKD
From Amount (EUR)€5,000
Fee:0
Exchange Rate:8.3895 (2.61% from mid-rate)
To Amount (HKD) HK$41,948
Total Cost:2.61%
Difference:
HK$910 HKD less than using WorldFirst
Time:18:05 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer EUR→HKD
From Amount (EUR)€5,000
Fee:€7.5 EUR (.15%)
Exchange Rate:8.2339 (4.42% from mid-rate)
To Amount (HKD) HK$41,108
Total Cost:4.56%
Difference:
HK$1,750 HKD less than using WorldFirst
Time:18:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Deutsche Bank logo
Deutsche Bank: Foreign Transfer EUR→HKD
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:8.2255 (4.52% from mid-rate)
To Amount (HKD) HK$40,716
Total Cost:5.47%
Difference:
HK$2,142 HKD less than using WorldFirst
Time:18:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Citibank logo
Citibank: Foreign Transfer EUR→HKD
From Amount (EUR)€5,000
Fee:12
Exchange Rate:8.1582 (5.3% from mid-rate)
To Amount (HKD) HK$40,693
Total Cost:5.53%
Difference:
HK$2,165 HKD less than using WorldFirst
Time:18:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Santander logo
Santander: Foreign Transfer EUR→HKD
From Amount (EUR)€5,000
Fee:20
Exchange Rate:8.1245 (5.69% from mid-rate)
To Amount (HKD) HK$40,460
Total Cost:6.07%
Difference:
HK$2,398 HKD less than using WorldFirst
Time:18:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer EUR→HKD
From Amount (EUR)€5,000
Fee:12
Exchange Rate:8.0993 (5.98% from mid-rate)
To Amount (HKD) HK$40,397
Total Cost:6.22%
Difference:
HK$2,461 HKD less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
BNP Paribas logo
BNP Paribas: Foreign Transfer EUR→HKD
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:8.1409 (5.5% from mid-rate)
To Amount (HKD) HK$40,297
Total Cost:6.45%
Difference:
HK$2,561 HKD less than using WorldFirst
Time:18:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Bank of Ireland logo
Bank of Ireland: Foreign Transfer EUR→HKD
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:8.1245 (5.69% from mid-rate)
To Amount (HKD) HK$40,216
Total Cost:6.64%
Difference:
HK$2,642 HKD less than using WorldFirst
Time:18:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Crédit Agricole logo
Crédit Agricole: Foreign Transfer EUR→HKD
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:8.0657 (6.37% from mid-rate)
To Amount (HKD) HK$39,925
Total Cost:7.31%
Difference:
HK$2,933 HKD less than using WorldFirst
Time:18:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
AIB Bank logo
AIB Bank: Foreign Transfer EUR→HKD
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:8.0320 (6.76% from mid-rate)
To Amount (HKD) HK$39,758
Total Cost:7.7%
Difference:
HK$3,100 HKD less than using WorldFirst
Time:18:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 01/19/2020 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

  

Hong Kong dollar Travel Money

  

Travel Money ProvidersAmount HKD(HK$)Exchange RateFee EURTotal CostDeal Links
Sparkasse Bank Foreign Currency
Sparkasse Bank logo
HK$7,695.07
Compare
7.7728€1010.68%
 
Sparkasse Bank logo
Sparkasse Bank: Travel Money EUR→HKD
From Amount (EUR)€1,000
Fee:€10 EUR (1%)
Exchange Rate:7.7728 (9.77% from mid-rate)
To Amount (HKD) HK$7,695.07
Total Cost:10.68%
Time:18:05 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 01/19/2020 - See full table

EUR and HKD in the Markets

When determining the best time to make a foreign exchange transaction, in this case the EUR vs HKD, you should pay attention to the recent market trends for both currencies.

Euro (EUR)

The Euro spent 2019 on a downwards trajectory, starting the year with highs at US1.1550 but then slid all year until October where it bottomed out at US$1.09 on Oct 1, close to long-term lows. Since then it has climbed back up towards the average rate for the year of US1.12, perhaps due to the less uncertainty around Brexit.

Euro sentiment dipped in mid-June after the ECB, like other major central banks of the world, ramped up its dovish rhetoric. It said that there was “considerable room” for further quantitative easing and that it would consider negative interest rates. Ordinarily, this would spark an extended euro decline but since other major currencies are also wrestling with easier central bank policies, euro depreciation may be contained.

In spite of Brexit, a slowdown in economic growth, Italian risks and persistently weak inflation — an important measure of inflation expectations fell in June to a record low — the euro did fantastically well against the Australian dollar, New Zealand dollar.

Read more in the article EUR Forecasts.

 

Hong Kong Dollar (HKD)

The Hong Kong dollar has gained value in 2019 despite the recent protests and also serious escalation in US-China trade tensions, mainly because the US dollar, to which HKD is pegged, is attracting safe-haven inflows. By May-17, against a basket of important currencies, HKD was worth 2 percent more year-to-date, and was only 0.5 percent away from making a 2-year high.

HKD was doing particularly well against the Australian dollar. It was, at the time of writing, valued 18 percent higher than 2018 lows against AUD and needed only a further 2.3 percent to reach a 10-year high. Though HKD was meeting significant resistance in mid-May at the 5.4 per AUD level, a break of this could spark significant appreciation.

Read more in the article HKD Forecasts.

Why can't I just get the EUR/HKD market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the EUR / HKD was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all EUR Exchange Rates