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GBP/HKD - Convert Compare Save

British Pound Sterling 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 British Pound Sterling to Hong Kong Dollar exchange rate, has news, forecasts and GBP 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.

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

 
Foreign Transfer ProvidersReceive HKD($)Exchange RateFee GBPTotal CostDeal Links
OFX logo
46,646 HKD
Best Overall
9.3291£0^1.89%
HSBC logo
45,666 HKD
980 HKD
9.1469£7.53.95%
Natwest Bank logo
45,411 HKD
1,235 HKD
9.1095154.49%
Citibank International Money Transfers
Citibank logo
45,205 HKD
1,441 HKD
9.0628124.92%
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo HSBC logo
45,198 HKD
1,448 HKD
9.0665154.94%
Santander International Money Transfers
Santander logo
44,946 HKD
1,700 HKD
9.0254205.47%
Lloyds TSB logo
44,761 HKD
1,885 HKD
8.9881205.86%
 
OFX: Foreign Transfer GBP→HKD
GBP amount:£5,000 GBP
Fee:£0^ - No fees for BestExchangeRates users (normally 7GBP for smaller transfers)
Exchange Rate:9.3291 (1.89% from mid-rate)
HKD amount:46,646 HKD
Total Cost:1.89%
Time:
Rate Fetched: Mon Aug 19 2019 10:09:29 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 GBP→HKD
GBP amount:£5,000 GBP
Fee:£7.5 GBP (.15%)
Exchange Rate:9.1469 (3.81% from mid-rate)
HKD amount:45,666 HKD
Total Cost:3.95%
Difference:
980 HKD less than using OFX
Time:12:21 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Natwest Bank logoNatwest Bank

Natwest Bank: Foreign Transfer GBP→HKD
GBP amount:£5,000 GBP
Fee:15
Exchange Rate:9.1095 (4.2% from mid-rate)
HKD amount:45,411 HKD
Total Cost:4.49%
Difference:
1,235 HKD less than using OFX
Time:12:21 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 

Citibank logoCitibank

Citibank: Foreign Transfer GBP→HKD
GBP amount:£5,000 GBP
Fee:12
Exchange Rate:9.0628 (4.69% from mid-rate)
HKD amount:45,205 HKD
Total Cost:4.92%
Difference:
1,441 HKD less than using OFX
Time:12:21 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer GBP→HKD
GBP amount:£5,000 GBP
Fee:15
Exchange Rate:8.9974 (5.38% from mid-rate)
HKD amount:45,198 HKD
Total Cost:4.94%
Difference:
1,448 HKD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Santander logoSantander

Santander: Foreign Transfer GBP→HKD
GBP amount:£5,000 GBP
Fee:20
Exchange Rate:9.0254 (5.08% from mid-rate)
HKD amount:44,946 HKD
Total Cost:5.47%
Difference:
1,700 HKD less than using OFX
Time:12:21 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 

Lloyds TSB logoLloyds TSB

Lloyds TSB: Foreign Transfer GBP→HKD
GBP amount:£5,000 GBP
Fee:20
Exchange Rate:8.9881 (5.48% from mid-rate)
HKD amount:44,761 HKD
Total Cost:5.86%
Difference:
1,885 HKD less than using OFX
Time:12:21 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 GBPTotal CostDeal Links
Travelex Online UK logo
9,172 HKD
Best Overall
9.172£0^3.54%
Citibank Foreign Currency
Citibank logo
8,948.02 HKD
224 HKD
9.0384£105.9%
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo
8,869 HKD
303 HKD
8.9696£106.73%
Lloyds TSB logo
8,857.23 HKD
315 HKD
8.9467£106.85%
Santander Foreign Currency
Santander logo
8,857.23 HKD
315 HKD
8.9467£106.85%
Natwest Bank logo
8,812.5 HKD
359 HKD
8.9467£157.32%
Travelex Online UK: Travel Money GBP→HKD
GBP amount:£1,000 GBP
Fee:£0 - No fees for Debit & Credit Cards
Exchange Rate:9.172 (3.54% from mid-rate)
HKD amount:9,172 HKD
Total Cost:3.54%
Time:
Rate Fetched: Mon Aug 19 2019 10:15:03 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

Citibank logoCitibank

Citibank: Travel Money GBP→HKD
GBP amount:£1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:9.0384 (4.95% from mid-rate)
HKD amount:8,948.02 HKD
Total Cost:5.9%
Time:12:21 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money GBP→HKD
GBP amount:£1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:8.9467 (5.91% from mid-rate)
HKD amount:8,869 HKD
Total Cost:6.73%
Currency Services:Branch
Delivery/Collect:-
 

Lloyds TSB logoLloyds TSB

Lloyds TSB: Travel Money GBP→HKD
GBP amount:£1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:8.9467 (5.91% from mid-rate)
HKD amount:8,857.23 HKD
Total Cost:6.85%
Time:12:21 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 

Santander logoSantander

Santander: Travel Money GBP→HKD
GBP amount:£1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:8.9467 (5.91% from mid-rate)
HKD amount:8,857.23 HKD
Total Cost:6.85%
Time:12:21 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
 

Natwest Bank logoNatwest Bank

Natwest Bank: Travel Money GBP→HKD
GBP amount:£1,000 GBP
Fee:£15 GBP (Minimum fee)
Exchange Rate:8.9467 (5.91% from mid-rate)
HKD amount:8,812.5 HKD
Total Cost:7.32%
Time:12:21 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 08/19/2019 - See full table

GBP to HKD interbank exchange rate = 9.5172

 
 

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 GBP/HKD exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

GBP and HKD in the Markets

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

 

British Pound Sterling (GBP)

By some margin, the pound was the worst-performing major currency in the second quarter. It slipped in late June to multi-month lows against a number of important currencies, including the Australian dollar, New Zealand dollar, euro, Canadian dollar and Swiss franc.

Pound valuations will continue to fluctuate based on No-deal, Deal and Remain probabilities. No-deal prospects may increase if, as is widely expected, ardent Brexiteer Boris Johnson becomes the UK’s next prime minister. However, some banks argue that Johnson’s appointment would make little difference to no-deal or remain probabilities.

The pound is unlikely to receive much in the way of meaningful respite until November, analysts say, when hopefully the UK-EU Brexit arrangement, or lack thereof, is known (Boris Johnson insists that the UK will not seek any further Article 50 extensions beyond the October-31 deadline).

The pound would be doing far worse if it weren't receiving some support from the Bank of England which, surprisingly, is the only major central bank still considering higher interest rates in 2019.

Read more in the article GBP 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 GBP/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 GBP / 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 GBP Exchange Rates