Access comprehensive historical exchange rates for EUR to HKD, detailing daily, monthly, and yearly fluctuations over the past 20+ years. Understand the trends of the euro against the Hong Kong dollar with our detailed data.
Understanding the exchange rate between the Euro (EUR) and the Hong Kong Dollar (HKD) is crucial for businesses and individuals involved in international finance, trade, or travel between Europe and Hong Kong. Whether you are monitoring currency trends for investment decisions, managing international payments, or simply planning a trip, having access to historical exchange rate data provides valuable insights. This page offers a deep dive into the EUR to HKD exchange rate history, allowing you to track its performance over various periods.
Historical EUR/HKD Exchange Rates
Below is a table presenting historical exchange rates for EUR to HKD. This data is essential for analyzing past performance and understanding the volatility of this currency pair. Reviewing historical rates can help in forecasting potential future trends and managing currency risks effectively.
| Date | 1 EUR= |
|---|---|
| Average | 8.190245 |
| October 31, 2024 | 8.461713 |
| November 30, 2024 | 8.260515 |
| December 31, 2024 | 8.145351 |
| January 31, 2025 | 8.065127 |
| February 28, 2025 | 8.105954 |
| March 4, 2025 | 8.102811 |
Note: This table provides a sample of recent exchange rates. For a complete historical dataset spanning over 20 years, explore our resources.
Key Factors Influencing the EUR to HKD Exchange Rate
Several economic factors influence the EUR/HKD exchange rate. These include:
- Economic Performance: The economic health of the Eurozone and Hong Kong significantly impacts their respective currencies. GDP growth, inflation rates, and employment figures are key indicators.
- Interest Rates: Interest rate differentials between the European Central Bank (ECB) and the Hong Kong Monetary Authority (HKMA) can attract or deter foreign investment, affecting exchange rates.
- Geopolitical Events: Global events, political stability, and trade relations between Europe and Asia can create fluctuations in the EUR/HKD rate.
- Market Sentiment: Overall market sentiment and risk appetite can also play a role. In times of global uncertainty, investors may move funds to perceived safer currencies, impacting the EUR to HKD dynamic.
Understanding the Euro (EUR)
The euro is the official currency of the Eurozone, representing 19 member states of the European Union. It is the second most traded currency globally and plays a vital role in international finance.
- Currency Name: Euro
- Currency Code: EUR
- Currency Symbol: €
- Central Bank: European Central Bank (ECB)
- Countries Used In: Primarily Eurozone countries including Germany, France, Italy, Spain, and more.
Understanding the Hong Kong Dollar (HKD)
The Hong Kong dollar is the official currency of Hong Kong. It is closely pegged to the US dollar and is managed by the Hong Kong Monetary Authority. HKD is widely used in international trade and finance within Asia.
- Currency Name: Hong Kong dollar
- Currency Code: HKD
- Currency Symbol: $, HK$
- Central Bank: Hong Kong Monetary Authority
- Countries Used In: Hong Kong
Access 20+ Years of EUR to HKD Historical Data
For in-depth analysis and comprehensive data, gain access to over 20 years of historical EUR to HKD exchange rates. Track daily, monthly, and yearly trends to gain a complete understanding of this currency pair’s behavior. This historical perspective is invaluable for businesses, financial analysts, and anyone needing to monitor and understand currency exchange dynamics.
Whether you are a business needing to manage currency risk or an individual planning international money transfers, understanding the EUR to HKD exchange rate history is essential. Explore our resources to delve deeper into historical data and make informed decisions about your currency exchange needs.
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