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  1. Exchange Rates
  2. Hong Kong dollar (HKD)
  3. Indian rupee (INR)

Convert HKD to INR at Best Exchange Rates

There are three important types of information that you need to know if you are to have any chance of getting the best possible HKD / INR rate :

  1. Find the Market HKD to INR mid-rate - the starting point.
  2. Check your FX provider's transaction costs, these include exchange rate margins plus various types of fees. These margin and fee costs vary for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News, Research and Forecasts for both currencies.

1. Market HKD/INR mid-rate

The closer your final exchange rate is to the market HKD/INR midrate the better deal you are getting.
1 Hong Kong dollar equals
Indian rupee 1HKD=INR

Right now the HKD/INR market rate is and represents how many Indian rupee you can get for one Hong Kong dollar.

The HKD/INR 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. The closer your final exchange rate is to the market HKD/INR midrate the better deal you are getting. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the currencies were exchanged in a transaction (bought or sold) in the international markets.

HKD to INR Exchange Rate Calculator

$
1 HKD equals
INR 1HKD=INR

Compare rates for: Foreign Transfers    Travel Money

Get fee-free global money transfers with our partner OFX
Loading HKD/INR Chart

Hong Kong dollar to Indian rupee (HKD-INR) Recent History

WhenExchange RateDate
1 Week ago8.372618 Apr 2018
1 Month ago8.246326 Mar 2018
6 Months ago8.314227 Oct 2017
1 Year ago8.275525 Apr 2017
2 Years ago8.596925 Apr 2016
5 Years ago6.992726 Apr 2013
10 Years ago5.153927 Apr 2008

There are three important types of information that you need to know if you are to have any chance of getting the best possible HKD / INR rate :

  1. Market HKD to INR mid-rate - the starting point.
  2. Transaction costs, these include exchange rate margins plus various types of fees. These margin and fee costs vary for Foreign Transfers and Travel Money transactions.
  3. Up-to-date Currency News, Research and Forecasts for Hong Kong dollar and Indian rupee.

1. Market HKD/INR mid-rate

Right now the HKD/INR market rate is and represents how many Indian rupee you can get for one Hong Kong dollar.

The HKD/INR 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 / INR was traded (bought or sold) in the international markets.

1 Hong Kong dollar equals
Indian rupee 1=

2. Transaction Costs - Margins and Fees for HKD/INR Foreign Exchange

The transaction margin from the mid-rate you will be charged by your bank or foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.

HKD to INR Foreign Transfer - Costs Compared

You can see a sample of the margins from mid-rate in the table below which shows an example of the costs charged by FX specialist and the average bank rate when sending money transfers from HKD to INR.

Sending a LARGER international money transfer? Request a Free Multi-Vendor Quote

Compare Foreign Transfers

Sending HKD 50,000 to INR

 OFX (prev. ClearFX)
1HKD=8.2422INR
₹411,615 INR (3.58%)
Book & track your foreign transfers online (24/7) with industry best rates for all your deals - not just the first one! Lock in exchange rates with Spot & Forward Deals. BestExchangeRates users get the transfer fees waived.
Price Details
Receive: ₹411,615 INR
Exchange Rate: 8.2422
(Inverse 1INR=HKD 0.1213)
Fees: HKD 60
Total Cost : 3.58% (from mid-rate: 8.5376)
This is the amount of money that could be received by your transfer at rate HKD/INR=8.2422 and inclusive of the fee of HKD 60.
Rate timestamp : Wed Apr 25 2018 15:23:18 GMT+0000 (UTC)
Bank Rates - Average
1HKD=8.1845INR
₹409,102 INR (4.16%)
This is the average HKD to INR International Transfer exchange rate and fees from multiple banks for FX rates available over the counter and also via Internet Banking.

 
Price Details
Receive: ₹409,102 INR
Exchange Rate: 8.1845
(Inverse 1INR=HKD 0.1222)
Fees: HKD 15
Total Cost : 4.16% (from mid-rate: 8.5376)
Receive INR ₹2,513 less than with   OFX
This is the amount of money that could be received by your transfer at rate HKD/INR=8.1845 and inclusive of the fee of HKD 15.

Travel Money HKD to INR - Costs Compared

The below table shows an example of the margins and possible savings when you order travel money online with a currency specialist versus the average bank, kiosk or post office rate to buy foreign cash.


Buy Travel Money from Travelex

Our other partners aren't publishing any live HKD/INR rates right now.

You can calculate with the latest HKD/INR market rate (Interbank mid-rate).


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 comparison calculators make shopping around easy and help you calculate how much you can save.

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

When you look up the current Hong Kong dollar to Indian rupee exchange rate on the web the figure you find quoted on sites like google or mentioned on TV is commonly referred to as the mid-market rate.

Getting a great HKD to INR mid-market rate is all about timing, so unless you are able to wait, watch and time the market this is largely beyond your control. This rate will go up and down with varying amounts of volatility depending on the currency pair.

This mid-market rate is really only a reference and is just the starting point for calculating the actual rate you will get for your transaction, luckily we can also use this same rate to determine how good a deal a rate that a provider offers you actually is.

You can use the below HKD to INR calculator to convert currency amounts using the latest mid-market exchange rates. Then choose your transaction type for specific Hong Kong dollar cross rates and reviews of leading foreign exchange providers versus the Banks.


3. Currency News, Research and Forecasts for Hong Kong dollar and Indian rupee

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 is always determined quoted in comparison to another currency.

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

Hong Kong dollar (HKD) - Market news and forecasts

In March, the Hong Kong dollar weakened to the extreme of its allowed trading range, at 7.85 per US dollar, marking the point at which the Hong Kong Monetary Authority must step in to defend the currency.

The Hong Kong dollar has fallen to multi-decade lows due to a widening of the US-Hong Kong interest rate differential. Despite the HKMA raising interest rates in step with the US Federal Reserve, rates paid on Hong Kong dollars have remained low over the past fifteen months due to abundant liquidity in Hong Kong’s financial system; meanwhile, rates paid on US dollars have risen steadily. For large investors, this provides an incentive to exchange (sell) borrowed Hong Kong dollars for higher-yielding US dollars.

Due to Hong Kong’s sizeable foreign exchange reserves, which are among the largest in the world, a speculative attack on the USD/HKD peg is unlikely.

In March, the Hong Kong dollar also stood close to long-term lows against both the Japanese yen and euro.

Indian rupee (INR) - Market news and forecasts

By its own standards, the rupee made great inroads against the dollar in late 2017, and ushered in 2018 in much the same fashion.

In mid-November, the rupee began its determined climb against USD. Eight straight weeks of gains and an appreciation of 4% by January 5th (the time of this report) took the rupee to its strongest level in nearly two-and-a-half years, at 63.2 rupees per dollar.

Throughout early 2018, the rupee is likely to see continued support because of “increasing risks of an end to [the Reserve Bank of India’s] accommodative monetary policy,” thinks the team at ICICI Securities.

One exchange rate we look at often at Best Exchange Rates, the Australian dollar-rupee rate, fell (the rupee strengthened) throughout much of the final quarter of 2017. The rupee did, however, lose nearly half of its Q4 gains in the final three weeks of the year, mainly on broad Australian dollar strength.

With AUD/INR rates close to 50 in early January, a 4% climb is needed for AUD/INR to once again test 52.0 – one of the strongest resistance levels in all of FX.