Hong Kong - Hong Kong Dollar - Currency Guide

This is a currency guide to Hong Kong, the Hong Kong Dollar currency plus sending (HKD) transfers and travel tips for Hong Kong.

 
 
CountryHong Kong
FlagHong Kong
Country CodeHK
Domestic Currency Hong Kong Dollar
Currency SymbolHK$
Currency CodeHKD
Exchange RateUSD/HKD = 7.7523
Telephone Prefix+852

Quick Conversions from US Dollar to Hong Kong Dollar

USD

HKD

U$ 1
HK$ 7.7523
U$ 5
HK$ 38.76
U$ 10
HK$ 77.52
U$ 20
HK$ 155.05
U$ 50
HK$ 387.62
U$ 100
HK$ 775.23
U$ 250
HK$ 1,938
U$ 500
HK$ 3,876
U$ 1,000
HK$ 7,752
U$ 2,000
HK$ 15,505
U$ 5,000
HK$ 38,762
U$ 10,000
HK$ 77,523
U$ 50,000
HK$ 387,615
U$ 100,000
HK$ 775,230
More amounts

USD

HKD

U$ 0.1290
HK$ 1
U$ 0.6450
HK$ 5
U$ 1.2900
HK$ 10
U$ 2.5800
HK$ 20
U$ 6.4500
HK$ 50
U$ 12.90
HK$ 100
U$ 32.25
HK$ 250
U$ 64.50
HK$ 500
U$ 129.00
HK$ 1,000
U$ 258.00
HK$ 2,000
U$ 645.00
HK$ 5,000
U$ 1,290
HK$ 10,000
U$ 6,450
HK$ 50,000
U$ 12,900
HK$ 100,000
More amounts

To calculate specific USD/HKD amounts use our Convert USD to HKD quick calculator. To read more about the latest exchange rate trends and to compare FX provider rates view USD to HKD Rate Guide.

Hong Kong Currency Info

Representing a little less than 2% of the foreign exchange market daily turnover, the Hong Kong dollar is the world’s thirteenth most traded currency. It is subdivided into 100 cents.

The Hong Kong dollar has been pegged to the US dollar since 1983 and the USD/HKD exchange rate has been limited to a range of 7.75 to 7.85 since 2005. The Hong Kong dollar’s peg is backed by one of the world's largest foreign exchange reserves (Hong Kong’s official reserves in 2016 were worth US$360 billion).

Hong Kong dollars are issued by the country’s government, but also by three local banks – HSBC, Standard Chartered and Bank of China – providing those banks have on deposit the US dollar equivalent of what they print.

The Hong Kong dollar reached an all-time low against the US dollar in September 1983 when USD/HKD reached 9.6 (HKD/USD 0.104), and its all-time high came in March 1978 when USD/HKD traded at just 4.6 (HKD/USD 0.217).


Frequently Asked Questions


What currency should I use in Hong Kong?

The domestic currency in Hong Kong is the Hong Kong Dollar.

What is the Hong Kong Dollar currency code and symbol?

The three letter currency code for the Hong Kong Dollar is HKD — symbol is HK$.

How much is U$100 US Dollars in Hong Kong Dollars?

U$ 100 converts to HK$ 775.23

Which countries use the Hong Kong Dollar?

It is the domestic currency in Hong Kong.

Is the Hong Kong Dollar a closed currency?

No, the Hong Kong Dollar is freely available and convertible. See guide: What is a closed currency?


Hong Kong Dollar (HKD) in the markets

Earlier in the year the threat of proxy war between the US and Iran in Ira helped bring on gains in the Japanese yen and US dollar plus currencies pegged to the greenback such as the Hong Kong dollar.

NAB told Bloomberg TV that it sees a recovery in Asian currencies in the 2nd half of the year if the coronavirus comes under control.

For more details read the full article Hong Kong Dollar Forecasts.

The interactive chart below shows the USD to HKD exchange rate and trend for the previous 3 months:

ALERT:90-DAY LOWS 🔔 |
USD/HKD at 7.7519 was trading near AVG:7.7704 with LO:7.751 and HI:7.794 (90 days). ALERT: USD/HKD dropped to 90-DAY LOWS.
08-APR 2AM-NY 7AM-LON 2PM-HK 4PM-SYD
Booking.com

Travel, Currency and Money saving tips for Hong Kong

Hong Kong, the grand city with an iconic skyline, a legendary cuisine kitchens, and lush, protected nature where rare birds and colourful traditions thrive. Over 70% of Hong Kong is mountains and sprawling country parks, some also home to geological and historical gems. Escape the city limits on one of the world’s smoothest transport systems and spend your day wandering in a Song-dynasty village, hiking on a deserted island or kayaking among volcanic sea arches. Underneath the glass and steel of Hong Kong’s commercial persona is a dynamic cultural landscape where its Chinese roots, colonial connections and the contributions of its home-grown talent become intertwined.

What currency should I use in Hong Kong?

ATM machines or BankAutomats are everywhere in Hong Kong. You will definitely find them at the airport, cruise ports and train stations, so you can get cash as soon as you land/arrive. You will see the familiar networks like Visa, Master Card, Cirrus, EuroCard, Plus, etc. used by most international financial institutions. Instructions will be available in English which makes it easy, and the process is exactly the same as at home.

Although many of the smaller shops in Hong Kong will give better prices if you pay in cash with local currency, most shops accept international credit cards, but some of the smaller ones do not. ... Readily accepted credit cards include American Express, Visa, and MasterCard. If you plan on using your credit card or ATM card, be sure to alert the bank that issued your card back home and let them know you will be travelling abroad and the dates of your trip to prevent them from blocking your account when they see any "transactions outside of normal range of activity".

Getting around in Hong Kong?

From the airport the Airport Express is probably the quickest and most direct way to the city, making three total stops at Tsing Yi, Kowloon and Hong Kong Stations.  Visitors using the Airport Express will most likely be interested in the Kowloon and Hong Kong Stations, which are located in the main parts of the city. Sometimes the taxi queue at Hong Kong station can be quite long, so if your hotel is near to the station in Lan Kwai Fong or Sheung Wan and you're are travelling light it might be a good idea to walk through the air-conditioned IFC.

While in Hong Kong consider using the Octopus Card. It is a stored-value smart card, similar to London’s Oyster card or Sydney's Opal card, that can be used for quick access and payment for public transportation as well as basic purchases at a many retail shops throughout Hong Kong such as 7-Eleven. It can be topped up any a large range of outlets, even McDonalds.

Public transport in Hong Kong is excellent. There are bus routes covering most of the island, frequent ferries between the islands making up the region, The Star Ferry connecting Kowloon to Hong Kong island is a considered a must see for its views. There are trains into mainland China and the superb MTR underground railway. The city is well connected by trains and great double decker buses. The drivers usually don't speak English and be prepared to sacrifice the small change because they don't return the change for the bus tickets. The cabs in Hong Kong can be expensive. There are a few bus routes that are worth seeing too.  Route 973 travels from Tsim Sha Tsui, around Kowloon, crosses the harbour and winds around the coast of Hong Kong Island to Aberdeen, Repulse Bay and terminates at Stanley Market. Up top the double decker bus this is a spectacular trip.

Travel tips for Hong Kong.

In general, Hong Kong is a very safe city by day and night. The drinking water is often not considered drinkable depending on who you talk to so bottled water is a good idea. Many free tourist maps will also show great walks through the central city that will lead you through many popular areas and help give you a good insight to the city for first time visitors.

If you prefer to stay in an Airbnb there are tons of condos for a fraction of the price available. Staying in an Airbnb will also help save money on meal costs as you can easily make breakfast before heading off exploring Hong Kong. Always always always carry an umbrella with you, the weather in Hong Kong is unpredictable. Hong Kong gets an average of 101 rainy days a year!

 

Travel money for Hong Kong

Save money and time by Ordering your Hong Kong Dollars online from Travelex, you get better rates and can pick up the HKD cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Hong Kong Dollars otherwise you may get much worst exchange rates.

 
Travel Money Provider Amount HKD(HK$) Exchange RateFee USDDeal Links
Travelex Online US logo
HK$6,932.9
10.57%
Best Overall
6.93290^
U.S. Bank Foreign Currency
U.S. Bank logo
HK$6,724.9
13.25%
HK$208 less
6.72490
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
HK$6,658
14.12%
HK$275 less
6.7249U$10
Wells Fargo Bank logo
HK$6,590.4
14.98%
HK$342 less
6.7249U$20
 
Travelex Online US: Travel Money USD→HKD
From Amount (USD)U$1,000
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:6.9329 (10.57% from mid-rate)
To Amount (HKD) HK$6,932.9
Total Cost:10.57%
Time:
Rate Fetched: Wed Apr 08 2020 06:00:05 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
U.S. Bank logo
U.S. Bank: Travel Money USD→HKD
From Amount (USD)U$1,000
Fee:0
Exchange Rate:6.7249 (13.25% from mid-rate)
To Amount (HKD) HK$6,724.9
Total Cost:13.25%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Travel Money USD→HKD
From Amount (USD)U$1,000
Fee:U$10 USD (1%)
Exchange Rate:6.7829 (12.5% from mid-rate)
To Amount (HKD) HK$6,658
Total Cost:14.12%
Currency Services:Branch
Delivery/Collect:-
 
Wells Fargo Bank logo
Wells Fargo Bank: Travel Money USD→HKD
From Amount (USD)U$1,000
Fee:U$20 USD (Minimum fee)
Exchange Rate:6.7249 (13.25% from mid-rate)
To Amount (HKD) HK$6,590.4
Total Cost:14.98%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 04/08/2020 - View latest rates

Hong Kong Trip Checklist    

 
  1. Compare HKD travel cash rates - probably why you are here!
  2. Search Hotel deals - Save on your accomodation in Hong Kong
  3. Lonely Planet - world's best travel guide (coupon and deals)

Sending money to Hong Kong

When searching around for information on how to get a good exchange rate when sending money to Hong Kong you need to start with finding out the latest Hong Kong Dollar foreign-transfer exchange rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).

What prime property does $US1m buy in Hong Kong?

The area (㎡) of prime property that $US1million buys in Hong Kong (Q1 2018) is 22㎡. This is compared to equivalent areas for Monaco 15㎡, New York 25㎡, London 27㎡, Singapore 37㎡, Paris 45㎡, Shanghai 50㎡, Los Angeles 58㎡, Tokyo 70㎡, Berlin 74㎡, Miami 78㎡, Mumbai 94㎡, Istanbul 110㎡, Dubai 138㎡ and San Paulo 172㎡.


Get a better deal for foreign transfers to Hong Kong

When sending money to Hong Kong it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Hong Kong Dollar amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted HKD amount will be transfered to the recipient account you specify in Hong Kong.

Use our Send to Hong Kong Dollars calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Hong Kong Dollars deposited into the recipient bank account and less margins and fees kept by the banks!

  

USD to HKD International Money Transfers

  

Foreign Transfer Provider Receive HKD(HK$) Exchange RateFee USDDeal Links
OFX logo
HK$75,995
1.97%
Best Overall
7.59950^
XE logo
HK$76,550
1.25%
HK$555 more
7.6550
Wells Fargo Bank logo
HK$74,341
4.1%
HK$1,654 less
7.447518
HSBC logo
HK$74,287
4.17%
HK$1,708 less
7.4399U$15
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
HK$73,834
4.75%
HK$2,161 less
7.426615
Bank of America International Money Transfers
Bank of America logo
HK$73,354
5.37%
HK$2,641 less
7.4095U$100
U.S. Bank International Money Transfers
U.S. Bank logo
HK$73,354
5.37%
HK$2,641 less
7.4095U$100
 
OFX: Foreign Transfer USD→HKD
From Amount (USD)U$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:7.5995 (1.97% from mid-rate)
To Amount (HKD) HK$75,995
Total Cost:1.97%
Time:
Rate Fetched: Wed Apr 08 2020 06:02:40 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
XE: Foreign Transfer USD→HKD
From Amount (USD)U$10,000
Fee:
Exchange Rate:7.6550 (1.25% from mid-rate)
To Amount (HKD) HK$76,550
Total Cost:1.25%
Difference:
HK$555 HKD more than using OFX
Time:6:02 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 
Wells Fargo Bank logo
Wells Fargo Bank: Foreign Transfer USD→HKD
From Amount (USD)U$10,000
Fee:18
Exchange Rate:7.4475 (3.93% from mid-rate)
To Amount (HKD) HK$74,341
Total Cost:4.1%
Difference:
HK$1,654 HKD less than using OFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer USD→HKD
From Amount (USD)U$10,000
Fee:U$15 USD (.15%)
Exchange Rate:7.4399 (4.02% from mid-rate)
To Amount (HKD) HK$74,287
Total Cost:4.17%
Difference:
HK$1,708 HKD less than using OFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer USD→HKD
From Amount (USD)U$10,000
Fee:15
Exchange Rate:7.3943 (4.61% from mid-rate)
To Amount (HKD) HK$73,834
Total Cost:4.75%
Difference:
HK$2,161 HKD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Bank of America logo
Bank of America: Foreign Transfer USD→HKD
From Amount (USD)U$10,000
Fee:U$100 USD (1%)
Exchange Rate:7.4095 (4.42% from mid-rate)
To Amount (HKD) HK$73,354
Total Cost:5.37%
Difference:
HK$2,641 HKD less than using OFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
U.S. Bank logo
U.S. Bank: Foreign Transfer USD→HKD
From Amount (USD)U$10,000
Fee:U$100 USD (1%)
Exchange Rate:7.4095 (4.42% from mid-rate)
To Amount (HKD) HK$73,354
Total Cost:5.37%
Difference:
HK$2,641 HKD less than using OFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 04/08/2020 - View latest rates

Hong Kong Dollar to US Dollar - Historical Rates

PeriodHKD/USDDate
1 Day0.129029 Mar 2020
7 Day0.128923 Mar 2020
30 Day0.128329 Feb 2020
3 Month0.128431 Dec 2019
1 Year0.127431 Mar 2019
5 Year0.129001 Apr 2015
10 Year0.128802 Apr 2010

Hong Kong Dollar to Euro - Historical Rates

PeriodHKD/EURDate
1 Day0.115829 Mar 2020
7 Day0.119823 Mar 2020
30 Day0.116329 Feb 2020
3 Month0.114431 Dec 2019
1 Year0.113531 Mar 2019
5 Year0.119801 Apr 2015
10 Year0.095402 Apr 2010

Hong Kong Dollar to Pound Sterling - 10 Year History

PeriodHKD/GBPDate
1 Day0.103629 Mar 2020
7 Day0.111223 Mar 2020
30 Day0.100129 Feb 2020
3 Month0.096831 Dec 2019
1 Year0.097831 Mar 2019
5 Year0.087001 Apr 2015
10 Year0.084602 Apr 2010

Hong Kong Dollar to Australian Dollar - Historical Rates

PeriodHKD/AUDDate
1 Day0.208829 Mar 2020
7 Day0.219423 Mar 2020
30 Day0.197129 Feb 2020
3 Month0.183031 Dec 2019
1 Year0.179131 Mar 2019
5 Year0.169601 Apr 2015
10 Year0.140102 Apr 2010

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