Comparing CAD to HKD Exchange Rates
You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale CAD/HKD rate ( interbank mid-rate) plus any fixed or percentage fees.
These margins and fees can vary significantly for CAD to HKD International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the total cost will also vary depending on the total amount being exchanged.
Canadian Dollar to Hong Kong Dollar - Quick Conversions
CAD |
HKD |
C$ 1 |
HK$ 6.1441 |
C$ 5 |
HK$ 30.72 |
C$ 10 |
HK$ 61.44 |
C$ 20 |
HK$ 122.88 |
C$ 50 |
HK$ 307.21 |
C$ 100 |
HK$ 614.41 |
C$ 250 |
HK$ 1,536 |
C$ 500 |
HK$ 3,072 |
C$ 1,000 |
HK$ 6,144 |
C$ 2,000 |
HK$ 12,288 |
C$ 5,000 |
HK$ 30,721 |
C$ 10,000 |
HK$ 61,441 |
C$ 50,000 |
HK$ 307,205 |
C$ 100,000 |
HK$ 614,410 |
More amounts |
Calculate other CAD/HKD amounts (from or to) at mid-market with our
CAD to HKD Calculator .
Canadian Dollar and Hong Kong Dollar - Market News
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)
Canadian Dollar exchange rates have gained amid Canada's economic outlook and recovering oil prices. Early success in controlling COVID-19 has helped the Canadian economy to rebound as massive government aid boosted consumer spending and low interest rates fueled a surge in the housing market.
Get more details in the article Canadian Dollar Forecasts.
Hong Kong Dollar (HKD)
The Hong Kong dollar has been pegged to the US dollar since 1983. Since 2005 the HKMA has kept the currency trading at a range between HK$ 7.75 and HK$7.85.
Get more details in the article Hong Kong Dollar Forecasts.
Country Guides - Hong Kong Dollar
How to get Good CAD to HKD Exchange Rates
There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.
Reduce Excessive costs and fees
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).
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.
What is a good CAD to HKD exchange rate?
This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Canadian Dollar vs Hong Kong Dollar current value is to look the CAD/HKD historic rate and change over a range of periods.
The following table looks at the change in the CAD to HKD exchange rate over periods from the previous week back to the last 10 years.
CAD/HKD | Change | Period |
---|
6.1061 13 Jan 2021 | 0.5% â–² | 1 Week |
6.0320 21 Dec 2020 | 1.7% â–² | 30 Days |
5.9028 22 Oct 2020 | 3.9% â–² | 90 Days |
5.9433 21 Jan 2020 | 3.2% â–² | 1 Year |
5.4954 22 Jan 2016 | 11.6% â–² | 5 Years |
7.8293 23 Jan 2011 | 21.6% â–¼ | 10 Years |
CAD/HKD 10 year historic rates & change to 20-Jan-2021 : 6.1351
Will the Canadian Dollar rise against the Hong Kong Dollar?
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add CAD/HKD to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.
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View My Alerts
Rather than requiring you to set a target rate, our FX Alerts work differently.
Once you add a currency pair to your watchlist we then start automatically checking the exchange rate for any HIGH or LOW event or significant UP or DOWN moves over a range of daily periods only as far back as 90 days.