The comparison table above helps you see the total cost of your OFX currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
OFX - EUR Rate Margin Analysis
The average EUR rate margin offered by OFX is 3.2%.
This average is based on individual EUR 10K transfer rates in the currency pairs from OFX that we monitor.
💡 It is important to note that these OFX rates are their public quoted rates and do not include our special BER/OFX deals rates which start at 0.5% for major currencies and improve for larger amounts. Please use our calculators to check these special rates and use our 'Visit OFX' links to secure these deals.
OFX - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by OFX for Euro (EUR 10K)
transactions. Margins show the percentage difference from the mid-market rate.
Bias
EUR/HKD is bullish-to-range-bound, trading above its 90-day average and in the upper half of the 3-month range.
Key drivers
- Rate gap: The ECB's stance remains relatively tighter than HKMA policy linked to the USD peg (the HKMA maintains a USD peg), supporting euro resilience vs HKD.
- Risk/commodities: Oil remains firm near its 30-day high, keeping USD bid and offering limited upside for euro vs the USD, which in turn stabilises EUR/HKD within the range.
- One macro factor: Eurozone inflation trend easing supports a neutral ECB stance, reducing upside risk for the euro.
Range
EUR/HKD remains bullish-to-range-bound, above its 90-day avg in the upper 3-month range. ECB tighter than HKMA policy supports euro vs HKD; oil firm near 30d high keeps USD bid and caps euro upside. Expect drift within the 3-month range, tilted to the top end.
What could change it
- Upside risk: A sudden improvement in eurozone growth or a hawkish ECB communication that reinforces rate expectations could push the pair higher.
- Downside risk: A sharper drop in euro inflation or a fresh round of HKMA interventions that tighten liquidity could push EUR/HKD lower
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EUR to HKD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Euro are worth in Hong Kong dollar across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
What is the
OFX Send Money conversion rate for EUR to HKD?
The OFX EUR to HKD exchange rate is 9.0507. This is -0.3% compared to the latest EUR-HKD mid-market rate 9.0780.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Euro (EUR) to Hong Kong dollar (HKD) rates from different sources before making a conversion.
The above
OFX - Euro to Hong Kong dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
OFX and other foreign exchange providers against the latest EUR-HKD mid-rate and the possible savings of using various providers.
How do OFX EUR-HKD rates compare between providers?
Looking at the full
EUR to HKD - Send Money comparison table the provider with the best EUR to HKD exchange rate is OFX at 9.0507, -0.3% from the latest mid-market rate 9.0780.
The next best is Wise at 9.0252, -0.58% from the mid-rate.
Then XE at 9.0235, which is -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
like OFX or platforms that offer rates closer to the mid-market rate.