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AED to HKD - Rate Guide

United Arab Emirates Dirham to Hong Kong Dollar exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

AED/HKD update & alerts

1 AED = 2.1174 HKD

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AED to HKD - Trading Range (90 Day)
ALERT: 14-DAY HIGHS 🔔 |
AED/HKD at 2.1175 is trading 0.4% below the 90-day average 2.1261 with a range 2.1143 to 2.1358. ALERT: AED/HKD has risen to 14-DAY HIGHS.
27-Jan-2020 16:NY 21:LON 08:SYD+1d

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AED/HKD Exchange Rates and Providers Compared

This guide to the United Arab Emirates Dirham to Hong Kong Dollar exchange rate with 90-day chart & alerts, historic rates, forecasts and AED to HKD comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. If you want to calculate equivalent amounts in foreign currencies or rate margins then use our AED/HKD Quick Calculator.

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for AED/HKD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

AED to HKD International Money Transfers

  

Foreign Transfer ProvidersReceive HKD(HK$)Exchange RateFee AEDTotal CostDeal Links
OFX logo
HK$20,9132.09130 for BER users (normally $15)1.2%
TorFX logo
HK$20,8932.089301.29%
National Bnk Abu Dhabi International Money Transfers
National Bnk Abu Dhabi logo
HK$19,9971.999705.53%
HSBC logo
HK$19,9671.9997د.إ155.67%
Banks - Average Rate
Citibank logo HSBC logo
HK$19,8781.9905156.09%
Citibank International Money Transfers
Citibank logo
HK$19,7891.9813126.51%
WorldRemit logo
Your amount above the WorldRemit AED2000 maximum
 
OFX logo
OFX: Foreign Transfer AED→HKD
From Amount (AED)د.إ10,000
Fee:0 for BER users (normally $15)
Exchange Rate:2.0913 (1.2% from mid-rate)
To Amount (HKD) HK$20,913
Total Cost:1.2%
Time:
Rate Fetched: 1:12 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
TorFX logo
TorFX: Foreign Transfer AED→HKD
From Amount (AED)د.إ10,000
Fee:0
Exchange Rate:2.0893 (1.29% from mid-rate)
To Amount (HKD) HK$20,893
Total Cost:1.29%
Difference:
HK$20 HKD less than using OFX
Time:1:12 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 
National Bnk Abu Dhabi logo
National Bnk Abu Dhabi: Foreign Transfer AED→HKD
From Amount (AED)د.إ10,000
Fee:
Exchange Rate:1.9997 (5.53% from mid-rate)
To Amount (HKD) HK$19,997
Total Cost:5.53%
Difference:
HK$916 HKD less than using OFX
Time:1:12 Local
Transfer Speed:
Services:
Rating:
: /5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer AED→HKD
From Amount (AED)د.إ10,000
Fee:د.إ15 AED (.15%)
Exchange Rate:1.9997 (5.53% from mid-rate)
To Amount (HKD) HK$19,967
Total Cost:5.67%
Difference:
HK$946 HKD less than using OFX
Time:1:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer AED→HKD
From Amount (AED)د.إ10,000
Fee:15
Exchange Rate:2.0222 (4.46% from mid-rate)
To Amount (HKD) HK$19,878
Total Cost:6.09%
Difference:
HK$1,035 HKD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Citibank logo
Citibank: Foreign Transfer AED→HKD
From Amount (AED)د.إ10,000
Fee:12
Exchange Rate:1.9813 (6.4% from mid-rate)
To Amount (HKD) HK$19,789
Total Cost:6.51%
Difference:
HK$1,124 HKD less than using OFX
Time:1:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
WorldRemit logo
WorldRemit: Foreign Transfer AED→HKD
From Amount (AED)د.إ10,000
Fee:
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
Reviews:
 
Snapshot 01/27/2020 - See full table

AED and HKD in the Markets

When determining the best time to make a foreign exchange transaction, in this case the AED vs HKD, you should pay attention to the recent market trends for both currencies.

United Arab Emirates Dirham (AED)

All the Gulf Cooperation Council (GCC) countries, excluding Kuwait, have their currencies pegged to the US dollar. The UAE dirham has been fixed at a rate of around 3.6725 to $1 since 1997.

 

Hong Kong Dollar (HKD)

The Hong Kong dollar has gained value in 2019 despite the recent protests and also serious escalation in US-China trade tensions, mainly because the US dollar, to which HKD is pegged, is attracting safe-haven inflows. By May-17, against a basket of important currencies, HKD was worth 2 percent more year-to-date, and was only 0.5 percent away from making a 2-year high.

HKD was doing particularly well against the Australian dollar. It was, at the time of writing, valued 18 percent higher than 2018 lows against AUD and needed only a further 2.3 percent to reach a 10-year high. Though HKD was meeting significant resistance in mid-May at the 5.4 per AUD level, a break of this could spark significant appreciation.

Read more in the article HKD Forecasts.

Why can't I just get the AED/HKD market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the AED / HKD was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all AED Exchange Rates