1 HKD = 0.118 EUR
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What's in this Hong Kong Dollar to Euro guide?
To calculate your own HKD/EUR amounts use our Convert HKD to EUR quick calculator.
Comparing Foreign Exchange Providers
The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.
The Exchange rate you are offered can also 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.
| Foreign Transfer Provider | Receive EUR(€) | Exchange Rate | Fee HKD | Deal Links |
|---|---|---|---|---|
 | €5,860 0.51% | 0.1172 | 0 | |
 | €5,765 2.12% | 0.1153 | 0 for BER users (normally $15) | |
Banks - Average Rate    Average bank rate | €5,643 4.19% | 0.1130 | 55 |
Country Guides (HKD & EUR)
Eurozone (EUR)
Aaland Islands (EUR)
Andorra (EUR)
Austria (EUR)
Belgium (EUR)
Cyprus (EUR)
Estonia (EUR)
Finland (EUR)
France (EUR)
French Guinea (EUR)
French Southern Territories (EUR)
Germany (EUR)
Greece (EUR)
Guadeloupe (EUR)
Vatican City (EUR)
Hong Kong (HKD)
Ireland (EUR)
Italy (EUR)
Luxembourg (EUR)
Malta (EUR)
Martinique (EUR)
Mayotte (EUR)
Monaco (EUR)
Montenegro (EUR)
Netherlands (EUR)
Portugal (EUR)
Reunion (EUR)
Saint Barthélemy (EUR)
Saint Martin (EUR)
Saint Pierre and Miquelon (EUR)
San Marino (EUR)
Slovakia (EUR)
Slovenia (EUR)
Spain (EUR)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)
Earlier in the year the threat of proxy war between the US and Iran in Ira helped bring on gains in the Japanese yen and US dollar plus currencies pegged to the greenback such as the Hong Kong dollar.
NAB told Bloomberg TV that it sees a recovery in Asian currencies in the 2nd half of the year if the coronavirus comes under control.
Read more in the article HKD Forecasts.
Euro (EUR)
Rabobank told Bloomberg TV in early April that they see the Euro holding its value in an otherwise difficult virus affected year for most currencies.
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.
How to get Best HKD to EUR Exchange Rates
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).
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.
What is a good HKD to EUR exchange rate?
This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.
The following table looks at the change in the HKD to EUR exchange rate to the present day for periods going back upto 10 years.
When is the best time to exchange HKD to EUR?
Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.
Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.
We help you Save Money on Exchange Rates.
View all HKD Exchange Rates
