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HKD/EUR - Convert Compare Save

Hong Kong Dollar to Euro 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.

 

This resource page for the Hong Kong Dollar to Euro exchange rate, has news, forecasts and HKD to EUR comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

HKD/EUR Exchange Rates - How to Compare & Save

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 HKD/EUR International Money Transfers. Costs are calculated against the current interbank mid-rate.

 

HKD to EUR International Money Transfers

  

Foreign Transfer ProvidersReceive EUR(€)Exchange RateFee HKDTotal CostDeal Links
WorldFirst logo
5,645 EUR0.112900.53%
OFX logo
5,570 EUR0.11140 for BER users (normally $15)1.85%
DBS Bank logo
5,509.49 EUR0.1103502.92%
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo
5,451 EUR0.1091553.94%
HSBC logo
5,436.29 EUR0.1089$804.21%
Citibank International Money Transfers
Citibank logo
5,408.7 EUR0.1082124.69%
WorldRemit logo
Your amount above the WorldRemit HKD2000 maximum
WorldFirst: Foreign Transfer HKD→EUR
HKD amount:$50,000 HKD
Fee:
Exchange Rate:0.1129 (0.53% from mid-rate)
EUR amount:5,645 EUR
Total Cost:0.53%
Time:1:05 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 
OFX: Foreign Transfer HKD→EUR
HKD amount:$50,000 HKD
Fee:0 for BER users (normally $15)
Exchange Rate:0.1114 (1.85% from mid-rate)
EUR amount:5,570 EUR
Total Cost:1.85%
Difference:
75 EUR less than using WorldFirst
Time:
Rate Fetched: Sun Aug 25 2019 00:16:05 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

DBS Bank logoDBS Bank

DBS Bank: Foreign Transfer HKD→EUR
HKD amount:$50,000 HKD
Fee:50
Exchange Rate:0.1103 (2.82% from mid-rate)
EUR amount:5,509.49 EUR
Total Cost:2.92%
Difference:
136 EUR less than using WorldFirst
Time:1:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer HKD→EUR
HKD amount:$50,000 HKD
Fee:55
Exchange Rate:0.1095 (3.52% from mid-rate)
EUR amount:5,451 EUR
Total Cost:3.94%
Difference:
194 EUR less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

HSBC logoHSBC

HSBC: Foreign Transfer HKD→EUR
HKD amount:$50,000 HKD
Fee:$80 HKD (Minimum fee)
Exchange Rate:0.1089 (4.05% from mid-rate)
EUR amount:5,436.29 EUR
Total Cost:4.21%
Difference:
209 EUR less than using WorldFirst
Time:1:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Citibank logoCitibank

Citibank: Foreign Transfer HKD→EUR
HKD amount:$50,000 HKD
Fee:12
Exchange Rate:0.1082 (4.67% from mid-rate)
EUR amount:5,408.7 EUR
Total Cost:4.69%
Difference:
236 EUR less than using WorldFirst
Time:1:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
WorldRemit: Foreign Transfer HKD→EUR
HKD amount:$50,000 HKD
Fee:
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
Reviews:
 
Snapshot 08/25/2019 - See full table

HKD to EUR interbank exchange rate = 0.1134

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on HKD/EUR exchange rates

Foreign Transfers

Foreign Transfers Travel Money

   

HKD and EUR in the Markets

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

 

Hong Kong Dollar (HKD)

The Hong Kong dollar has gained value in 2019 despite a 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.

 

Euro (EUR)

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 and British pound between mid-April and mid-June. Due to a stronger US dollar, EUR/USD was down 2 percent on the year at $1.12, close to long-term lows.

Read more in the article EUR Forecasts.

Why can't I just get the HKD/EUR 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 HKD / EUR 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 HKD Exchange Rates