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Compare HKD to AUD foreign transfers

Use our comparison table to find the best exchange rates for Australian Dollar foreign transfers versus the Banks.

When you are thinking about sending money abroad, an international money transfer provider is a great option. They can help you with the whole process, provide useful online tools and most importantly bank-beating exchange rates and low or zero fees.

 
 

Compare Best Exchange Rates for:

   
$HKD
$AUD

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Foreign Transfer Providers
Ratings & Reviews
Receive AUD($)Exchange RateFee HKDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
WorldFirst logo
8,875 AUD0.177500.73%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
 
OFX logo
8,780 AUD0.17560 for BER users (normally $60)1.79%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
DBS Bank logo
8,686.31 AUD0.1739502.84%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo
8,594 AUD0.1720553.88%Online, Branch, Bank Transfers2-3 days
HSBC logo
8,566.27 AUD0.1716$804.18%Online, Branch, Bank Transfers2-3 days
Citibank International Money Transfers
Citibank logo
8,527.95 AUD0.1706124.61%Online, Branch, Bank Transfers2-3 days
WorldFirst: Foreign Transfer HKD→AUD
HKD amount:$50,000 HKD
Fee:
Exchange Rate:0.1775 (0.73% from mid-rate)
AUD amount:8,875 AUD
Total Cost:0.73%
Time:1:06 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 
OFX: Foreign Transfer HKD→AUD
HKD amount:$50,000 HKD
Fee:0 for BER users (normally $60)
Exchange Rate:0.1756 (1.79% from mid-rate)
AUD amount:8,780 AUD
Total Cost:1.79%
Difference:
95 AUD less than using WorldFirst
Time:
Rate Fetched: Tue Apr 23 2019 00:16:13 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

DBS Bank logoDBS Bank

DBS Bank: Foreign Transfer HKD→AUD
HKD amount:$50,000 HKD
Fee:50
Exchange Rate:0.1739 (2.74% from mid-rate)
AUD amount:8,686.31 AUD
Total Cost:2.84%
Difference:
189 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
HKD amount:$50,000 HKD
Fee:55
Exchange Rate:0.1725 (3.52% from mid-rate)
AUD amount:8,594 AUD
Total Cost:3.88%
Difference:
281 AUD less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

HSBC logoHSBC

HSBC: Foreign Transfer HKD→AUD
HKD amount:$50,000 HKD
Fee:$80 HKD (Minimum fee)
Exchange Rate:0.1716 (4.03% from mid-rate)
AUD amount:8,566.27 AUD
Total Cost:4.18%
Difference:
309 AUD less than using WorldFirst
Time:1:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Citibank logoCitibank

Citibank: Foreign Transfer HKD→AUD
HKD amount:$50,000 HKD
Fee:12
Exchange Rate:0.1706 (4.59% from mid-rate)
AUD amount:8,527.95 AUD
Total Cost:4.61%
Difference:
347 AUD less than using WorldFirst
Time:1:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
3 Month Chart
Loading AUDUSD rates

This is a chart showing the change in the HKD-AUD mid-market exchange rate over the last week. The Total Cost of each foreign transfer in the above table is calculated as the sum of all fees and the exchange rate margin, which is the difference between the provider's exchange rate and the mid-market HKD-AUD exchange rate.

Currency news and forecasts for Hong Kong Dollar and Australian Dollar

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency must always be quoted in comparison to a second currency.

So it follows that if you are determining the best time to transact, in this case the HKD vs AUD, you should pay attention to both Hong Kong Dollar and Australian Dollar news and forecasts.

Hong Kong Dollar (HKD) - Market news and forecasts

On balance, the Hong Kong dollar strengthened steadily in the February-April period. By recent standards, it was particularly strong against the euro at rates near HK$8.825. It was near the weaker boundary of its US dollar trading range, at HK$7.844. Against a basket of currencies, the US dollar was up 1.5 percent on the year by April-22, implying the same year-to-date gain for HKD.

HKD’s strength comes in spite of this year’s dovish turn by the US Federal Reserve, whose actions Hong Kong’s central bank must follow. The Fed has ditched two interest rate hikes from its 2019 projections, but fortunately for holders of HKD, the rest of the world has problems too and other important central banks have also turned dovish, removing much of the incentive for selling HKD.

Based on USD research, a Bloomberg analyst warned in April of potential for a large upcoming move in HKD, up or down. Over the past quarter-century, three deep troughs in a prominent volatility index were followed by USD moves over 6-month periods worth 10-15 percent. The index in question fell in the second half of April to a 5-year low.

Australian Dollar (AUD) - Market news and forecasts

Improved risk appetite, thriving commodities markets and better data from China helped lift the Australian dollar through March and into the second half of April. Against the US dollar, the Aussie was quoted at US$0.715 on April-22.

In March, both Westpac and JP Morgan predicted an Aussie slide to US$0.68 in the second half of the year. Those banks were at least more optimistic than HSBC, which argued in April for US$0.66 based on housing market weakness, high debt-to-GDP levels and continued strength in the US dollar.

Bearishness wasn’t unanimous, though, with NAB forecasting Aussie appreciation at least until mid-year; it predicted US$0.74 by the end of June.

The RBA will be happy with a weaker currency, HSBC said. The central bank has recently shifted to a dovish bias (what should be an across-the-board negative for AUD), saying lower Australian interest rates will “likely be appropriate” if inflation doesn’t pick up.