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CAD/HKD - Convert Compare Save

Canadian Dollar 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.

 

This resource page for the Canadian Dollar to Hong Kong Dollar exchange rate, has news, forecasts and CAD to HKD comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

CAD/HKD Exchange Rates - How to Compare & Save

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 CAD/HKD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
Foreign Transfer ProvidersReceive HKD($)Exchange RateFee CADTotal CostDeal Links
OFX logo
57,829 HKD
Best Overall
5.78290^2.13%
HSBC logo
56,615 HKD
1,214 HKD
5.67C$154.19%
TD Canada Trust logo
56,275 HKD
1,554 HKD
5.6843C$1004.76%
Coast Capital Savings International Money Transfers
Coast Capital Savings logo
56,190 HKD
1,639 HKD
5.6758C$1004.9%
Banks - Average Rate
Coast Capital Savings logo Scotiabank logo Royal Bank of Canada logo HSBC logo TD Canada Trust logo
56,155 HKD
1,674 HKD
5.6624154.96%
Scotiabank logo
56,133 HKD
1,696 HKD
5.67C$1005%
Royal Bank of Canada logo
55,560 HKD
2,269 HKD
5.6121C$1005.97%
 
OFX: Foreign Transfer CAD→HKD
CAD amount:$10,000 CAD
Fee:0^ - No fees for BestExchangeRates users (normally $15 for smaller transfers)
Exchange Rate:5.7829 (2.13% from mid-rate)
HKD amount:57,829 HKD
Total Cost:2.13%
Time:
Rate Fetched: Mon Aug 19 2019 04:04:58 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer CAD→HKD
CAD amount:$10,000 CAD
Fee:C$15 CAD (.15%)
Exchange Rate:5.6700 (4.04% from mid-rate)
HKD amount:56,615 HKD
Total Cost:4.19%
Difference:
1,214 HKD less than using OFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

TD Canada Trust logoTD Canada Trust

TD Canada Trust: Foreign Transfer CAD→HKD
CAD amount:$10,000 CAD
Fee:C$100 CAD (1%)
Exchange Rate:5.6843 (3.8% from mid-rate)
HKD amount:56,275 HKD
Total Cost:4.76%
Difference:
1,554 HKD less than using OFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Coast Capital Savings logoCoast Capital Savings

Coast Capital Savings: Foreign Transfer CAD→HKD
CAD amount:$10,000 CAD
Fee:C$100 CAD (1%)
Exchange Rate:5.6758 (3.94% from mid-rate)
HKD amount:56,190 HKD
Total Cost:4.9%
Difference:
1,639 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 CAD→HKD
CAD amount:$10,000 CAD
Fee:15
Exchange Rate:5.6134 (5% from mid-rate)
HKD amount:56,155 HKD
Total Cost:4.96%
Difference:
1,674 HKD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Scotiabank logoScotiabank

Scotiabank: Foreign Transfer CAD→HKD
CAD amount:$10,000 CAD
Fee:C$100 CAD (1%)
Exchange Rate:5.6700 (4.04% from mid-rate)
HKD amount:56,133 HKD
Total Cost:5%
Difference:
1,696 HKD less than using OFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Royal Bank of Canada logoRoyal Bank of Canada

Royal Bank of Canada: Foreign Transfer CAD→HKD
CAD amount:$10,000 CAD
Fee:C$100 CAD (1%)
Exchange Rate:5.6121 (5.02% from mid-rate)
HKD amount:55,560 HKD
Total Cost:5.97%
Difference:
2,269 HKD less than using OFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 08/19/2019 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money ProvidersAmount HKD($)Exchange RateFee CADTotal CostDeal Links
Travelex Online CA logo
5,702 HKD
Best Overall
5.702$03.5%
Royal Bank of Canada logo
5,576.5 HKD
125 HKD
5.576505.62%
TD Canada Trust logo
5,519.5 HKD
182 HKD
5.519506.59%
Banks - Average Rate
Scotiabank logo Royal Bank of Canada logo TD Canada Trust logo
5,505 HKD
197 HKD
5.5423C$106.83%
Scotiabank logo
5,420.28 HKD
282 HKD
5.5309C$208.27%
Travelex Online CA: Travel Money CAD→HKD
CAD amount:$1,000 CAD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:5.7020 (3.5% from mid-rate)
HKD amount:5,702 HKD
Total Cost:3.5%
Time:
Rate Fetched: 6:02 Local
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

Royal Bank of Canada logoRoyal Bank of Canada

Royal Bank of Canada: Travel Money CAD→HKD
CAD amount:$1,000 CAD
Fee:
Exchange Rate:5.5765 (5.62% from mid-rate)
HKD amount:5,576.5 HKD
Total Cost:5.62%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 

TD Canada Trust logoTD Canada Trust

TD Canada Trust: Travel Money CAD→HKD
CAD amount:$1,000 CAD
Fee:
Exchange Rate:5.5195 (6.59% from mid-rate)
HKD amount:5,519.5 HKD
Total Cost:6.59%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money CAD→HKD
CAD amount:$1,000 CAD
Fee:C$10 CAD (1%)
Exchange Rate:5.1702 (12.5% from mid-rate)
HKD amount:5,505 HKD
Total Cost:6.83%
Currency Services:Branch
Delivery/Collect:-
 

Scotiabank logoScotiabank

Scotiabank: Travel Money CAD→HKD
CAD amount:$1,000 CAD
Fee:C$20 CAD (Minimum fee)
Exchange Rate:5.5309 (6.4% from mid-rate)
HKD amount:5,420.28 HKD
Total Cost:8.27%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 08/19/2019 - See full table

CAD to HKD interbank exchange rate = 5.9061

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on CAD/HKD exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

CAD and HKD in the Markets

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

 

Canadian Dollar (CAD)

The Canadian dollar stormed ahead in the second half of June, rising to a 16-week high against the US dollar and to 8-month highs against the euro, pound, Australian and New Zealand dollars. Against the Aussie, a minimal additional increase would take CAD to a 9-year high.

Supporting the loonie was a 10 percent rise in the oil price (oil is among Canada’s most exported products but is volatile and can’t be relied upon), a large and welcome jump in inflation, and dovishness at major central banks of the world, including the Federal Reserve, ECB and RBA.

Any delay to Canadian ratification of the USMCA trade deal (already accepted by Mexico) is likely to depress sentiment on Canada’s currency.

Read more in the article CAD Forecasts.

 

Hong Kong Dollar (HKD)

The Hong Kong dollar has gained value in 2019 despite a 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 CAD/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 CAD / 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 CAD Exchange Rates