Exchange Rate Calculator

The exchange rate between the Euro (EUR) and the Hong Kong Dollar (HKD) has exhibited notable fluctuations over the past few months. This report provides an in-depth analysis of the recent trends, technical indicators, and forecasts to offer a comprehensive understanding of the EUR/HKD currency pair's performance.

Recent Exchange Rate Trends

As of June 27, 2025, the EUR/HKD exchange rate stood at 9.188 HKD per Euro. (ycharts.com) This marks a significant increase from earlier in the year; for instance, on January 2, 2025, the rate was 7.9842 HKD per Euro. (exchange-rates.org) This upward trajectory indicates a strengthening of the Euro against the Hong Kong Dollar over the first half of 2025.

Technical Analysis

Technical indicators as of June 30, 2025, present a mixed outlook for the EUR/HKD pair. Moving averages suggest a strong buy signal, with all observed periods (5, 10, 20, 50, 100, and 200-day) indicating a buying trend. For example, the 5-day simple moving average (SMA) is at 9.2046, and the 200-day SMA is at 9.1003, both signaling a buy. (investing.com)

Conversely, other technical indicators provide a more cautious perspective. The Relative Strength Index (RSI) at 52.815 is neutral, suggesting neither overbought nor oversold conditions. The Stochastic Oscillator (STOCH) at 41.914 and the Williams %R at -63.605 both indicate sell signals, while the Moving Average Convergence Divergence (MACD) at 0.003 suggests a buy. (investing.com)

This divergence between moving averages and other technical indicators suggests potential volatility and the need for cautious interpretation of the data.

Forecasts and Market Sentiment

Forecasts for the EUR/HKD exchange rate over the next year are optimistic. Analysts predict a 21.01% increase, projecting the rate to reach approximately 10.67 HKD per Euro within a year. (coincodex.com) This bullish outlook is supported by a potential return on investment (ROI) of 14.92% by October 2025, with prices possibly reaching 10.13 HKD per Euro.

However, it's important to note that market sentiment can be influenced by various factors, including economic policies, geopolitical events, and global market trends. Therefore, while the forecasts are positive, they should be considered with an understanding of the inherent uncertainties in currency markets.

Factors Influencing the EUR/HKD Exchange Rate

Several factors have contributed to the recent appreciation of the Euro against the Hong Kong Dollar:

1. Economic Performance: The Eurozone's economic recovery post-pandemic has been robust, with increased industrial production and consumer spending. This economic strength has bolstered investor confidence in the Euro.

2. Monetary Policies: The European Central Bank's (ECB) monetary policies, including interest rate adjustments and quantitative easing measures, have played a role in strengthening the Euro.

3. Global Trade Dynamics: The Eurozone's trade surplus, driven by strong exports, has increased demand for the Euro, contributing to its appreciation.

4. Hong Kong's Economic Environment: Hong Kong's economy has faced challenges, including political uncertainties and the impact of global trade tensions, which have affected investor sentiment towards the HKD.

Conclusion

The EUR/HKD exchange rate has experienced a notable upward trend in the first half of 2025, with the Euro strengthening against the Hong Kong Dollar. Technical analyses present mixed signals, with moving averages indicating a strong buy, while other indicators suggest caution. Forecasts for the coming year are optimistic, projecting further appreciation of the Euro. Investors should consider these analyses in the context of broader economic indicators and remain vigilant to potential market volatilities.