HKD/EUR: what to know
The HKD/EUR rate shows how much EUR you get for 1 HKD. Right now, 1 HKD buys 0.1108 EUR at the mid-market rate. In the other direction, 1 EUR is worth 9.0264 HKD.
In the short term HKD is driven mainly by its peg to the US dollar, while EUR responds to ECB policy and eurozone growth.
The Hong Kong Dollar (HKD) is issued by Hong Kong Monetary Authority. Most banknotes are issued by three commercial banks, not a central bank. The Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar.
Over the past 12 months the HKD/EUR rate has ranged between 0.1070 and 0.1123 — a change of -0.09% versus a year ago.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.