The HSBC EUR to HKD rate is 8.3906. This is -4.1% below the mid-rate. Compare HSBC currency conversion rates - Reduce FX costs.
The HSBC EUR to HKD exchange rate is 8.3906. This is -4.1% compared to the latest EUR-HKD mid-market rate 8.7498.
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.
Looking at our comparison table the best EUR to HKD exchange rate is 8.7061 from OFX, -0.5% from the mid-market rate 8.7498. The next best rate is 8.6973 from XE, -0.6% from the mid-rate. Then Wise with 8.6885 is -0.7% from the mid-rate.
The Western Union rate is 8.6185 which is -1.5% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like HSBC 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 or platforms that offer rates closer to the mid-market rate.
The HSBC Euro to Hong Kong dollar comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by HSBC and other foreign exchange providers against the latest EUR-HKD mid-rate (see Market Data below ) and the possible savings of using various providers.
Here we review HSBC's foreign exchange services and how their exchange rates compare to FX specialist providers, compare rates and check how you can save money when you send and spend abroad.
HSBC, also known as the Hongkong and Shanghai Banking Corporation, is a multinational investment bank and financial services company based in London, UK. HSBC operates in over 60 countries and territories, including the UK, Hong Kong, China, Canada, the US, Australia, and throughout Europe, the Middle East, and Asia. The bank is well-known for its retail banking services, investment banking, and wealth management services, and has a large and diverse customer base.
In terms of foreign exchange rates, HSBC offers competitive rates for international money transfers and foreign currency exchange services. Customers can transfer money overseas in a range of currencies, and the bank offers real-time exchange rate quotes and low transfer fees. HSBC also offers foreign currency accounts and multi-currency accounts, allowing customers to hold and manage multiple currencies in a single account.
HSBC's foreign exchange rates are competitive with other major banks and financial institutions, and the bank has a strong reputation for providing reliable and secure services. However, it is always recommended that customers compare exchange rates and fees across different FX providers to ensure they are getting the best value for their money.
When you get a quote for your Global Money Transfer from HSBC on their website or in-app, you can also see the HSBC exchange rate, but it can be difficult to then calculate how much you are being charged.
HSBC does not publish their exchange rates publicly which is frustrating. However, our research shows that on average, HSBC profit margin for foreign exchange rates is somewhere between 2.8 - 7%, depending on the amount you're sending, where you're sending it to and which currency will be received.
While all banks add this mark-up, the extra amount being charged is much higher than it would be with a global money transfer specialist.
Euro (EUR) to Hong Kong dollar (HKD) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | EUR/HKD | Change | Period |
|---|---|---|---|
25 Apr 2025 | 8.8489 | 1.4% ▼ | 2 Week |
08 Feb 2025 | 8.0458 | 8.4% ▲ | 3 Month |
09 May 2024 | 8.4251 | 3.5% ▲ | 1 Year |
10 May 2020 | 8.4007 | 3.8% ▲ | 5 Year |
12 May 2015 | 8.6947 | 0.3% ▲ | 10 Year |
14 May 2005 | 9.8517 | 11.5% ▼ | 20 Year |
Here are some popular conversion amounts for EUR to HKD (Euro to Hong Kong dollar)*.
| EUR | HKD |
|---|---|
| € 114.30 | HK$ 1,000 |
| € 571.50 | HK$ 5,000 |
| € 2,286 | HK$ 20,000 |
| € 11,430 | HK$ 100,000 |
More amounts
*Converted at the current EURHKD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The EUR to HKD exchange rate has recently faced significant pressures and fluctuations influenced by both regional economic data and global geopolitical events. Analysts note that the euro has been under strain primarily due to a strong US dollar, which has shown a historical negative correlation with the EUR. This trend was mirrored in the recent fluctuations of the EUR/HKD exchange rate, where it reached 14-day lows near 8.7279, considerably above its three-month average of 8.4731, indicating heightened volatility.
Read our full review of recent EUR to HKD forecasts.
There are several ways to save on exchange rates when converting Euro to Hong Kong dollar:
Generally speaking, if you are buying Hong Kong dollar with Euro, then it's better for the EUR/HKD exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.
Read our Currency guide to Hong Kong — a practical currency and money guide to travel in Hong Kong plus living and doing business with the Hong Kong dollar.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add EUR/HKD to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| Eurozone (EUR) | Hong Kong (HKD) |
Expat life in Hong Kong can be both exciting and challenging. Hong Kong is a vibrant and fast-paced city with a rich culture, history, and a mix of modern and traditional influences. It is also a major financial and business hub in Asia.
One of the main benefits of expat life in Hong Kong is the high standard of living and the availability of amenities and services. The city has a wide range of international schools, hospitals and medical facilities, supermarkets, and other amenities catering to expats.
Hong Kong is also known for its excellent transportation system, making it easy to navigate and commute around the city.
However, the cost of living in Hong Kong is quite high, especially for housing. The city has some of the most expensive real estate in the world and finding affordable housing can be a challenge for expats.
The city is also known for its fast-paced lifestyle and high stress levels, which can be challenging for some people. The air pollution and noise pollution can also be an issue.
Additionally, Hong Kong has a high population density and the city can feel crowded and congested. Some expats may find the city to be quite crowded and busy, which can be overwhelming.
The political situation in Hong Kong has been uncertain in recent years, which can be a concern for some expats. Protests and unrest have been taking place, and travelers should be aware of the situation and take precautions.
Overall, expat life in Hong Kong can be a rich and fulfilling experience, but it also has its challenges. Expats should be prepared for the high cost of living, fast-paced lifestyle, and the potential for political unrest.
Read more at our Hong Kong (HKD) country guide
Markets have shifted focus to the interest rate policies of other major central banks rather than the Federal Reserve.
News2022-03-21
Recognising the impact of Covid-19 on its financial status, Hong Kong has reverted back to more lenient travel restrictions to improve life for both residents and travelers.
Further reading on the Hong Kong dollar (HKD) - Guides, Reviews & News from our research team.
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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