Access historical exchange rates for Eur To Hkd, exploring trends over daily, monthly, and yearly periods. Delve into the factors influencing the Euro to Hong Kong Dollar exchange rate and gain insights for your currency exchange needs.
Historical EUR to HKD Exchange Rate Data
Understanding the historical exchange rate between the Euro (EUR) and the Hong Kong Dollar (HKD) is crucial for businesses and individuals alike. Whether you are planning international money transfers, managing currency risk, or simply tracking market trends, access to reliable historical data is essential. Below is a table presenting historical EUR to HKD exchange rates over a recent period, offering a snapshot of rate fluctuations.
| Date | 1 EUR= |
|---|---|
| Average | 8.185292 |
| 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 3, 2025 | 8.073089 |
This data illustrates the dynamic nature of currency exchange rates. Analyzing historical trends can help identify patterns and inform decisions related to currency conversion. For more in-depth analysis and extended historical data, consider exploring specialized financial tools and services.
EUR Currency Snapshot: The Euro
The Euro (EUR), symbolized as € and with currency code EUR, is the official currency of the Eurozone, comprising 19 member states of the European Union. Managed by the European Central Bank (ECB), the Euro is a significant global currency, acting as a reserve currency worldwide. While not considered a safe haven currency in the traditional sense, the Euro’s stability is underpinned by the economic strength of the Eurozone.
Key facts about the Euro:
- Currency Name: Euro
- Currency Code: EUR
- Currency Symbol: €
- Central Bank: European Central Bank (ECB)
- Countries Used In: Extensively used across Europe, including Germany, France, Spain, Italy, and many more (totaling 20 countries).
HKD Currency Snapshot: The Hong Kong Dollar
The Hong Kong Dollar (HKD), symbolized as $, HK$ and with currency code HKD, is the official currency of Hong Kong. Overseen by the Hong Kong Monetary Authority (HKMA), the HKD plays a vital role in international trade and finance, particularly in Asia. The Hong Kong Dollar is pegged to the US dollar in a narrow range, contributing to its stability. It is not classified as a reserve or safe haven currency but remains a robust currency within the Asian market.
Key facts about the Hong Kong Dollar:
- Currency Name: Hong Kong Dollar
- Currency Code: HKD
- Currency Symbol: $, HK$
- Central Bank: Hong Kong Monetary Authority
- Countries Used In: Hong Kong
Understanding the nuances of both the EUR and HKD, including their economic backgrounds and the institutions that govern them, provides a deeper context when examining the EUR to HKD exchange rate. For anyone dealing with transactions between the Eurozone and Hong Kong, staying informed about these currencies and their exchange rates is paramount.
