The real EUR/HKD rate
The interbank (mid-market) rate as the basis; the ibani margin, from 0.40% to 0.15% depending on the amount, is shown separately.
EUR → HKD · Real-time rateConvert euros
into Hong Kong dollars (EUR → HKD)
Exchange your euros (EUR) into Hong Kong dollars (HKD) at the real interbank rate, in real time. Ideal for your trips to Hong Kong, your purchases and payments across Asia, with a margin from 0.40% to 0.15% and no hidden fees.
EUR → HKDCurrency pair
Real timeMarket rate
0.15%Margin from
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EUR/HKD conversion in a nutshell
Convert euros into Hong Kong dollars, at the fair rate
The essentials for exchanging your EUR into HKD with no nasty surprises on the rate or the fees.
A margin from 0.15%
Transparent and sliding, up to 10× cheaper than a bank. No hidden fees.
Personal Swiss IBAN
Manage your euros and international payments from an account in your name, with conversions at the real rate (+ margin from 0.15%).
A reliable Swiss partner
ibani SA, founded in Geneva in 2018, a financial intermediary affiliated with SO-FIT, a self-regulatory organisation recognised by FINMA.
What you really pay
EUR → HKD: ibani, bank or exchange office?
On an exchange of 5'000 EUR, the margin applied to the rate makes all the difference to the amount received in Hong Kong dollars.
| Criterion | ibani | Bank | Exchange office |
|---|---|---|---|
| Starting rate | Real interbank | "House" rate | "House" rate |
| Exchange margin | 0.40% | ~1.5 to 2% | Often > 2% |
| Transfer fees | 0 EUR | Variable | — |
| Estimated cost on 5'000 EUR* | ~20 EUR | ~85 EUR | > 100 EUR |
| 100% digital tracking | Yes | Partial | No |
*Indicative orders of magnitude for an exchange of 5'000 EUR into HKD. See the details on our Rates page.
Rate movements
Live EUR / HKD exchange rate
Follow the pair's trend to pick the right moment for your exchange.
Conversion tables
How much is 1 EUR in HKD (and the other way around)?
Indicative amounts, ibani margin included, updated continuously.
Reference rate as of 7 October 2026; the rate applied is the one at the time of the order.
How to convert
Your EUR exchanged into HKD, in 3 steps
Create your ibani account for free
100% digital sign-up in 5 minutes, with no opening or account maintenance fees.
Enter the HKD beneficiary account
Provide the details of the destination account where you want to receive your Hong Kong dollars.
Receive your Hong Kong dollars at the real rate
ibani converts your EUR into HKD at the market rate, plus a margin of 0.40% to 0.15% depending on the amount, and transfers the funds to the chosen account.
USD
CHF
GBP
SGDMarkets · updated 28 August 2026
EUR/HKD: what has moved in recent months
Because the HKD is pegged to the US dollar between 7.75 and 7.85, this pair largely mirrors EUR/USD — which gained around 2.3% in thirty days, at 1.1645 on 27 August. The Hong Kong dollar itself traded around 7.84, close to the weak side of its band.
EURThe ECB tightened in June, then waited
On 11 June 2026 the European Central Bank raised its deposit rate by 25 basis points to 2.25% — its first hike since 2023 — in response to an imported energy shock, taking the main refinancing rate to 2.40%. On 23 July it left all three rates unchanged without committing to a path. Euro area inflation came in at 2.9% in July after 2.8% in June, and August PMIs moved clearly back into expansion (composite at 52.1). Rate markets price a further hike on 10 September at roughly 80%.
HKDPeg intact: the HKD tracks the dollar
The Hong Kong dollar remains bounded by the HKMA between 7.75 and 7.85 to the US dollar, without interruption since October 1983. Since mid-August 2026 it has traded around 7.84, close to the weak side of the band, and Hong Kong interbank rates mechanically follow US rates. The practical consequence: a rate against the HKD moves first and foremost with the US dollar, not with Hong Kong.
EUR → HKD
What it means for you
Hong Kong interbank rates mechanically follow US rates: the euro appreciates here when the ECB tightens or when the dollar falls, never for local reasons. The expected ECB hike of 10 September is already largely in the price.
Benchmark on 28 August 2026: 1 EUR ≈ 9.1297 HKD. The converter at the top of this page shows the live rate.
Sources: ECB, monetary policy decisions of 11 June and 23 July 2026 · Eurostat, euro area July inflation confirmed 19 August 2026 · S&P Global, euro area flash PMI of 21 August 2026 · Hong Kong Monetary Authority, Linked Exchange Rate System.
The economics of the pair
EUR/HKD: the ECB versus the HKMA
The rate between the euro (EUR) and the Hong Kong dollar (HKD) has a rare feature among the major currencies: it is not dictated by the confrontation of two independent monetary policies alone. On one side, the European Central Bank (ECB) steers the euro freely; on the other, the Hong Kong Monetary Authority (HKMA) keeps the Hong Kong dollar pegged to the US dollar.
Since 1983, Hong Kong has operated a Linked Exchange Rate System that keeps the HKD within a narrow band, between 7.75 and 7.85 Hong Kong dollars per 1 US dollar. The HKMA commits to buying or selling HKD at the edges of this range, via an automatic interest-rate adjustment mechanism. In practice, the HKD therefore does not float freely against the euro.
The direct consequence: the EUR/HKD rate reflects above all the movements of the EUR/USD pair. When the euro appreciates against the US dollar, it tends to strengthen against the Hong Kong dollar as well; conversely, a strong dollar drags the euro down against the HKD. Decisions by the ECB, those of the US Federal Reserve (which the HKMA effectively follows) and the economic backdrop of the eurozone are therefore the main drivers to watch before triggering an exchange.
To go further, see our guides on how to change your currency online and lock in a favourable rate.
Written by Brice Delhome.
Frequently asked questions
Frequently asked questions about EUR/HKD exchange
There is no universal ideal day. As the Hong Kong dollar is pegged to the US dollar, the EUR/HKD rate closely tracks movements in the EUR/USD pair, and therefore the monetary policy gap between the ECB and the US Federal Reserve. Monitor the real rate continuously and trigger your exchange at the moment that suits you.
Since 1983, the Hong Kong Monetary Authority (HKMA) has operated a Linked Exchange Rate System that keeps the Hong Kong dollar within a narrow band against the US dollar, around 7.75 to 7.85 HKD per 1 USD. The HKMA commits to intervening at the edges of this range, which stabilises the HKD and reinforces Hong Kong as a leading financial hub in Asia.
As the Hong Kong dollar is linked to the US dollar, it does not float freely against the euro. The EUR/HKD rate therefore depends mainly on the euro's movements against the dollar: when the euro appreciates against the greenback, it tends to strengthen against the HKD as well, and vice versa. The pair remains sensitive to decisions by the ECB and the US Federal Reserve.
ibani applies a transparent margin from 0.40% to 0.15% on the real interbank rate, decreasing with amounts. There are no opening or account maintenance fees. It's up to 10 times cheaper than a traditional bank. Transfers in Hong Kong dollars may be subject to correspondent bank fees.
Exchange your euros
into Hong Kong dollars at the fair rate.
Open an ibani account, convert your EUR into HKD at the real rate (+ margin from 0.15%) and transfer with no hidden fees. Free account opening, 100% digital, in 5 minutes.✓ Real interbank rate · ✓ Margin from 0.15% · ✓ Affiliated with SO-FIT (SRO)
* Transfers in currencies other than EUR and CHF may be subject to correspondent bank fees.
Swiss financial intermediary subject to the AMLA regulatory framework
Your money is handled with the utmost regulatory rigour.
ibani SA is a FinTech company established since 2018 in the heart of Geneva, Switzerland. We are a financial intermediary audited for our activity, with thousands of clients and exchange operations to our name.
ibani SA is affiliated with SO-FIT as a financial intermediary within the meaning of Article 2 para. 3 of the Anti-Money Laundering Act (AMLA). SO-FIT is a self-regulatory organisation recognised by the Swiss Financial Market Supervisory Authority (FINMA).