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HKD to AUD - Rate Guide

Hong Kong Dollar to Australian 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.

 

HKD/AUD update & alerts

1 HKD = 0.187 AUD

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HKD to AUD - Trading Range (90 Day)
no alerts
HKD/AUD at 0.1872 is trading near the 90-day average 0.1866 with a range 0.1829 to 0.1896. There are no current rate alerts.
19-Jan-2020 16:NY 21:LON 08:SYD+1d

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HKD/AUD Exchange Rates and Providers Compared

This guide to the Hong Kong Dollar to Australian Dollar exchange rate with 90-day chart & alerts, historic rates, forecasts and HKD to AUD 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 HKD/AUD 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 HKD/AUD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
Foreign Transfer ProvidersReceive AUD(A$)Exchange RateFee HKDTotal CostDeal Links
WorldFirst logo
A$9,3150.186300.48%
OFX logo
A$9,1550.18310 for BER users (normally $15)2.19%
DBS Bank logo
A$9,055.940.1813503.25%
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo
A$8,9580.1793554.29%
HSBC logo
A$8,930.690.1789HK$804.59%
Citibank International Money Transfers
Citibank logo
A$8,887.870.1778125.04%
WorldRemit logo
Your amount above the WorldRemit HKD2000 maximum
 
WorldFirst logo
WorldFirst: Foreign Transfer HKD→AUD
From Amount (HKD)HK$50,000
Fee:
Exchange Rate:0.1863 (0.48% from mid-rate)
To Amount (AUD) A$9,315
Total Cost:0.48%
Time:1:06 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 
OFX logo
OFX: Foreign Transfer HKD→AUD
From Amount (HKD)HK$50,000
Fee:0 for BER users (normally $15)
Exchange Rate:0.1831 (2.19% from mid-rate)
To Amount (AUD) A$9,155
Total Cost:2.19%
Difference:
A$160 AUD less than using WorldFirst
Time:
Rate Fetched: Mon Jan 20 2020 00:16:18 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
DBS Bank logo
DBS Bank: Foreign Transfer HKD→AUD
From Amount (HKD)HK$50,000
Fee:50
Exchange Rate:0.1813 (3.15% from mid-rate)
To Amount (AUD) A$9,055.94
Total Cost:3.25%
Difference:
A$259 AUD less than using WorldFirst
Time:1:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer HKD→AUD
From Amount (HKD)HK$50,000
Fee:55
Exchange Rate:0.1798 (3.95% from mid-rate)
To Amount (AUD) A$8,958
Total Cost:4.29%
Difference:
A$357 AUD less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
HSBC logo
HSBC: Foreign Transfer HKD→AUD
From Amount (HKD)HK$50,000
Fee:HK$80 HKD (Minimum fee)
Exchange Rate:0.1789 (4.43% from mid-rate)
To Amount (AUD) A$8,930.69
Total Cost:4.59%
Difference:
A$384 AUD less than using WorldFirst
Time:1:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Citibank logo
Citibank: Foreign Transfer HKD→AUD
From Amount (HKD)HK$50,000
Fee:12
Exchange Rate:0.1778 (5.02% from mid-rate)
To Amount (AUD) A$8,887.87
Total Cost:5.04%
Difference:
A$427 AUD less than using WorldFirst
Time:1:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
WorldRemit logo
WorldRemit: Foreign Transfer HKD→AUD
From Amount (HKD)HK$50,000
Fee:
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
Reviews:
 
Snapshot 01/20/2020 - See full table

HKD and AUD in the Markets

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

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.

 

Australian Dollar (AUD)

The threat of proxy war between the US and Iran in Iraq has pared back some of the gains the Aussie had made coming into the New Year.

The Australian dollar had started the new decade strongly climbing to multi-month highs helped along by cooling trade tensions between the United States and China and optimism for global economic growth in the year ahead.

The Aussie broke back over US70 cents on the final day of 2019 — a level not seen since mid year. During December the Australian dollar reversed direction (again) and climbed steadily back up against the US dollar on the back of the strength of the housing market and a market perception that further interest rate cuts were less likely. In November it had been all downhill traffic for the Aussie dropping back from highs close to 70c at the beginning of the month to around 67c against the USD by month end.

At the end of October the AUD had surged to a three month high against the US dollar following the third rate cut in a year by the US Federal Reserve. The gains were mainly due to the fall in the US dollar after the market sensed that US rates are more likely to rise now than fall further.

The RBA also added to the positive sentiment with an optimistic assessment of easing risks from the US-China trade war and Brexit. Accordingly markets are pulling back from bets that the cash rate will drop to 0.5 per cent and the possible start of quantitative easing.

Interestingly, AUD has decoupled from commodity prices in 2019. The price of iron ore (Australia’s largest export) nears multi-year highs while AUD languishes.

Further RBA interest rate cuts this year are now a certainty, and that doesn’t bode well for currency valuations.

For AUD forecasts and predictions read our Australian Dollar Forecasts report.

Read more in the article AUD Forecasts.

Why can't I just get the HKD/AUD 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 HKD / AUD 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 HKD Exchange Rates