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HKD to CAD - Compare Exchange Rates

Hong Kong Dollar to Canadian Dollar - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

Compare HKD/CAD Exchange Rates

The below table is a snapshot of the costs charged by FX specialists and banks when making an International Money Transfer from HKD to CAD. The total costs are calculated against the latest mid-market rate.

Foreign Transfer Providers
Ratings & Reviews
Receive CAD($)Exchange RateFee HKDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
WorldFirst logo
8,400 CAD0.16800.41%Bank Transfers - Online & Phone1-2 days
 
OFX logo
8,270 CAD0.16540 for BER users (normally $60)1.96%Bank Transfers - Online & Phone1-2 days
DBS Bank logo
8,181.81 CAD0.1638503%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo
8,096 CAD0.1621554.02%Online, Branch, Bank Transfers2-3 days
HSBC logo
8,072.06 CAD0.1617$804.3%Online, Branch, Bank Transfers2-3 days
Citibank International Money Transfers
Citibank logo
8,033.07 CAD0.1607124.77%Online, Branch, Bank Transfers2-3 days
WorldFirst: Foreign Transfer HKD→CAD
HKD amount:$50,000 HKD
Fee:
Exchange Rate:0.1680 (0.41% from mid-rate)
CAD amount:8,400 CAD
Total Cost:0.41%
Time:1:05 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.6/5.0
Reviews:
 
OFX: Foreign Transfer HKD→CAD
HKD amount:$50,000 HKD
Fee:0 for BER users (normally $60)
Exchange Rate:0.1654 (1.96% from mid-rate)
CAD amount:8,270 CAD
Total Cost:1.96%
Difference:
$130 less than using WorldFirst
Time:
Rate Fetched: Mon Feb 18 2019 00:16:09 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.8/5.0
Reviews:
DBS Bank: Foreign Transfer HKD→CAD
HKD amount:$50,000 HKD
Fee:50
Exchange Rate:0.1638 (2.9% from mid-rate)
CAD amount:8,181.81 CAD
Total Cost:3%
Difference:
$218 less than using WorldFirst
Time:1:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo

Foreign Transfer HKD→CAD
HKD amount:$50,000 HKD
Fee:55
Exchange Rate:0.1625 (3.68% from mid-rate)
CAD amount:8,096 CAD
Total Cost:4.02%
Difference:
$304 less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
HSBC: Foreign Transfer HKD→CAD
HKD amount:$50,000 HKD
Fee:$80 HKD (Minimum fee)
Exchange Rate:0.1617 (4.15% from mid-rate)
CAD amount:8,072.06 CAD
Total Cost:4.3%
Difference:
$328 less than using WorldFirst
Time:1:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Citibank: Foreign Transfer HKD→CAD
HKD amount:$50,000 HKD
Fee:12
Exchange Rate:0.1607 (4.74% from mid-rate)
CAD amount:8,033.07 CAD
Total Cost:4.77%
Difference:
$367 less than using WorldFirst
Time:1:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated as financial payment services. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/18/2019

HKD to CAD mid-rate = 0.1686

Right now the HKD/CAD market mid-rate is 0.1686 and represents ideally how many Canadian Dollar you can get for one Hong Kong Dollar.

This HKD/CAD Converter calculates equivalent Hong Kong Dollar to Canadian Dollar amounts at the market mid-rate:

HKD / CAD mid-rate converter


$HKD


$CAD
1 Hong Kong Dollar equals
0.1686 Canadian Dollar

Compare how much you can save on
HKD/CAD exchange rates for:

Foreign Transfers

 
 
3 Month HKD to CAD Chart
Loading HKD/CAD rates

Hong Kong Dollar

Canadian Dollar

1 HKD 0.1686 CAD
5 HKD 0.8430 CAD
10 HKD 1.6860 CAD
20 HKD 3.3720 CAD
50 HKD 8.4300 CAD
100 HKD 16.86 CAD
250 HKD 42.15 CAD
500 HKD 84.30 CAD
1,000 HKD 168.60 CAD
2,000 HKD 337.20 CAD
5,000 HKD 843.00 CAD
10,000 HKD 1,686.00 CAD
50,000 HKD 8,430.00 CAD
100,000 HKD 16,860.00 CAD
See more

Hong Kong Dollar

Canadian Dollar

5.9299 HKD 1 CAD
29.65 HKD 5 CAD
59.30 HKD 10 CAD
118.60 HKD 20 CAD
296.50 HKD 50 CAD
592.99 HKD 100 CAD
1,482.48 HKD 250 CAD
2,964.95 HKD 500 CAD
5,929.90 HKD 1,000 CAD
11,859.80 HKD 2,000 CAD
29,649.50 HKD 5,000 CAD
59,299.00 HKD 10,000 CAD
296,495.00 HKD 50,000 CAD
592,990.00 HKD 100,000 CAD
See more

CAD Country Guides
CanadaCanada

Hong Kong Dollar to Canadian Dollar (HKD-CAD) - 10 Year History

The below table shows the historic variation in the HKD/CAD exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of HKD versus other currencies : HKD historical charts.

DateExchange RatePeriod
10 Feb 20190.16921 Week
18 Jan 20190.16911 Month
21 Aug 20180.16616 Months
17 Feb 20180.16061 Year
17 Feb 20170.16872 Years
18 Feb 20140.14135 Years
19 Feb 20090.161710 Years

Why can't I just get the HKD/CAD market rate I see on Google or in the Media?

The HKD/CAD mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the HKD / CAD was traded (bought or sold) in the international markets.

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.

The closer your final exchange rate is to the market HKD/CAD midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good HKD to CAD exchange rate

  1. Know the latest HKD/CAD market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Hong Kong Dollar and Canadian Dollar

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

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

Hong Kong Dollar (HKD) - Market news and forecasts

27-January-19: 2018 was a reasonable year for the Hong Kong dollar. Against a basket of major currencies, HKD appreciated by 4 percent, which was much better than a near-10 percent loss in 2017. It was, though, something of a stuttering end to 2018 and HKD has had mixed fortunes in early 2019.

As is well known, HKD follows, to a large extent, developments in US monetary policy. In December, after lifting US interest rates, the Fed lowered its expectations for future hikes due to so-called “cross currents” (China, Brexit, trade wars etc.). Skepticism among analysts over future Fed hikes has for some time been the main reason for HKD pessimism for 2019, but now, there is also the prospect of a US economic slowdown to contend with.

“A slowdown in the US economy is likely to weigh on USD [and therefore HKD] in the second half of this year,” a CIBC researcher said in January.

Of the same opinion was an expert at ING, who argued that USD, and therefore HKD, would soon “embark on a gradual long-term bearish trend.”

Canadian Dollar (CAD) - Market news and forecasts

7-February-19: January was a fantastic month for the Canadian dollar. A gain of 4 percent relative to the US dollar took USD/CAD away from 19-month highs near C$1.365 into the low C$1.31s.

A recovery in the oil market has played a big part in the loonie’s 2019 recovery. By the time of this report, oil had gained nearly $12 per barrel, or 23 percent, on 2018 lows. The price of oil remains vital to Canada’s economy; it had fallen by as much as 40 percent in the October-December period.

Going forward, risks to the Canadian dollar include, of course, oil, and the return of global trade tensions.

Towards the end of 2018, Goldman Sachs predicted a strong energy market rebound in 2019 — more so than has already been realised — and this would underpin Canada’s currency.

In February, Westpac reaffirmed its view that the Canadian dollar would be an outperformer in 2019. Canada’s growth picture is more secure than those of the eurozone, UK or Australia, Westpac believes, and as a result, the Bank of Canada will be more hawkish this year relative to other G10 central banks, driving CAD appreciation.

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