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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 for HKD/CAD International Money Transfers. Costs are calculated against the amount when HKD is converted to CAD at mid-rate.

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Foreign Transfer Providers
Ratings & Reviews
Receive CAD($)Exchange RateFee HKDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
WorldFirst logo
8,455 CAD0.169100.7%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
 
OFX logo
8,340 CAD0.16680 for BER users (normally $60)2.06%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
DBS Bank logo
8,251.74 CAD0.1652503.09%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo
8,162 CAD0.1634554.14%Online, Branch, Bank Transfers2-3 days
HSBC logo
8,136.96 CAD0.163$804.44%Online, Branch, Bank Transfers2-3 days
Citibank International Money Transfers
Citibank logo
8,098.06 CAD0.162124.9%Online, Branch, Bank Transfers2-3 days
WorldFirst: Foreign Transfer HKD→CAD
HKD amount:$50,000 HKD
Fee:
Exchange Rate:0.1691 (0.7% from mid-rate)
CAD amount:8,455 CAD
Total Cost:0.7%
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→CAD
HKD amount:$50,000 HKD
Fee:0 for BER users (normally $60)
Exchange Rate:0.1668 (2.06% from mid-rate)
CAD amount:8,340 CAD
Total Cost:2.06%
Difference:
115 CAD less than using WorldFirst
Time:
Rate Fetched: Tue Apr 23 2019 00:16:16 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→CAD
HKD amount:$50,000 HKD
Fee:50
Exchange Rate:0.1652 (2.99% from mid-rate)
CAD amount:8,251.74 CAD
Total Cost:3.09%
Difference:
203 CAD 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→CAD
HKD amount:$50,000 HKD
Fee:55
Exchange Rate:0.1639 (3.76% from mid-rate)
CAD amount:8,162 CAD
Total Cost:4.14%
Difference:
293 CAD less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

HSBC logoHSBC

HSBC: Foreign Transfer HKD→CAD
HKD amount:$50,000 HKD
Fee:$80 HKD (Minimum fee)
Exchange Rate:0.1630 (4.29% from mid-rate)
CAD amount:8,136.96 CAD
Total Cost:4.44%
Difference:
318 CAD 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→CAD
HKD amount:$50,000 HKD
Fee:12
Exchange Rate:0.1620 (4.87% from mid-rate)
CAD amount:8,098.06 CAD
Total Cost:4.9%
Difference:
357 CAD less than using WorldFirst
Time:1:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

HKD to CAD interbank exchange rate = 0.1713

Right now the HKD/CAD interbank exchange rate is 0.1713. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Canadian Dollar to Hong Kong Dollar.

This HKD/CAD Converter calculates equivalent Hong Kong Dollar to Canadian Dollar amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

HKD / CAD converter & margin calculator


$HKD
$CAD
Mid-rates:
 

Foreign Transfers Travel Money

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

Foreign Transfers

1 Week HKD to CAD
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Hong Kong Dollar

Canadian Dollar

1 HKD 0.1713 CAD
5 HKD 0.8565 CAD
10 HKD 1.7130 CAD
20 HKD 3.4260 CAD
50 HKD 8.5650 CAD
100 HKD 17.13 CAD
250 HKD 42.83 CAD
500 HKD 85.65 CAD
1,000 HKD 171.30 CAD
2,000 HKD 342.60 CAD
5,000 HKD 856.50 CAD
10,000 HKD 1,713.00 CAD
50,000 HKD 8,565.00 CAD
100,000 HKD 17,130.00 CAD
See more

Hong Kong Dollar

Canadian Dollar

5.8378 HKD 1 CAD
29.19 HKD 5 CAD
58.38 HKD 10 CAD
116.76 HKD 20 CAD
291.89 HKD 50 CAD
583.78 HKD 100 CAD
1,459.45 HKD 250 CAD
2,918.90 HKD 500 CAD
5,837.80 HKD 1,000 CAD
11,675.60 HKD 2,000 CAD
29,189.00 HKD 5,000 CAD
58,378.00 HKD 10,000 CAD
291,890.00 HKD 50,000 CAD
583,780.00 HKD 100,000 CAD
See more

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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
14 Apr 20190.17001 Week
22 Mar 20190.17101 Month
23 Oct 20180.16706 Months
21 Apr 20180.16281 Year
21 Apr 20170.17362 Years
22 Apr 20140.14225 Years
23 Apr 20090.158610 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

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.

Canadian Dollar (CAD) - Market news and forecasts

In the March-April period (to April-20), the Canadian dollar traded mostly sideways relative to USD, between C$1.33 and C$1.34; it was stable against EUR, at C$1.50, but against AUD it neared 15-week lows, at C$0.957.

Unlike other oil-sensitive currencies, the Canadian dollar has failed to take advantage of a thriving oil market, with the market’s attention instead turned towards the global economic slowdown and the Canadian housing market, which, according to the IMF, is now as risky as it was during the 2007-08 financial crisis.

Forecasters at RBC expect further sideways price action until mid-year, after which the loonie probably weakens modestly towards C$1.36 to the USD by year-end. 

CIBC is also predicting C$1.36 per USD in December, and sees further weakness to C$1.40 sometime in 2020 C$1.40 is an exchange rate last seen in February 2016.