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HKD/JPY - Convert Compare Save

Hong Kong Dollar to Japanese Yen 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.

 

This resource page for the Hong Kong Dollar to Japanese Yen exchange rate, has news, forecasts and HKD to JPY comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

HKD/JPY Exchange Rates - How to Compare & Save

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/JPY International Money Transfers. Costs are calculated against the current interbank mid-rate.

 

HKD to JPY International Money Transfers

  

Foreign Transfer ProvidersReceive JPY(¥)Exchange RateFee HKDTotal CostDeal Links
OFX logo
678,000 JPY13.560 for BER users (normally $60)1.98%
DBS Bank logo
670,829 JPY13.43503.02%
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo
663,537 JPY13.28554.07%
HSBC logo
661,440 JPY13.25$804.37%
Citibank International Money Transfers
Citibank logo
658,342 JPY13.17124.82%
 
OFX: Foreign Transfer HKD→JPY
HKD amount:$50,000 HKD
Fee:0 for BER users (normally $60)
Exchange Rate:13.56 (1.98% from mid-rate)
JPY amount:678,000 JPY
Total Cost:1.98%
Time:
Rate Fetched: Tue Jun 18 2019 00:17:15 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→JPY
HKD amount:$50,000 HKD
Fee:50
Exchange Rate:13.43 (2.92% from mid-rate)
JPY amount:670,829 JPY
Total Cost:3.02%
Difference:
7,171 JPY less than using OFX
Time:2:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer HKD→JPY
HKD amount:$50,000 HKD
Fee:55
Exchange Rate:13.32 (3.71% from mid-rate)
JPY amount:663,537 JPY
Total Cost:4.07%
Difference:
14,463 JPY less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

HSBC logoHSBC

HSBC: Foreign Transfer HKD→JPY
HKD amount:$50,000 HKD
Fee:$80 HKD (Minimum fee)
Exchange Rate:13.25 (4.22% from mid-rate)
JPY amount:661,440 JPY
Total Cost:4.37%
Difference:
16,560 JPY less than using OFX
Time:2:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Citibank logoCitibank

Citibank: Foreign Transfer HKD→JPY
HKD amount:$50,000 HKD
Fee:12
Exchange Rate:13.17 (4.8% from mid-rate)
JPY amount:658,342 JPY
Total Cost:4.82%
Difference:
19,658 JPY less than using OFX
Time:2:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 06/18/2019 - See full table

HKD to JPY interbank exchange rate = 13.8232

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on HKD/JPY exchange rates

Foreign Transfers

Foreign Transfers Travel Money

   

HKD and JPY in the Markets

When determining the best time to make a foreign exchange transaction, in this case the HKD vs JPY, 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 a 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.

 

Japanese Yen (JPY)

The yen was the star performer in the weeks leading up to this report (May-17), with appreciation driven by a flight to safety following a serious escalation in the US-China trade war. The benchmark yen rate, USD/JPY, was down in the mid-109s, having been as high as 112.4 in late April. Relatively speaking, against their April highs, other yen rates had fallen even more (NZD/JPY was down from 76 to 71.6).

In May, HSBC warned against thinking that yen-supporting safe-haven flows would soon stop, implying that the yen could have more upside potential in the near term. The bank highlighted the “desolation and destruction” (an exaggeration) present in many major economies and currencies. “You can never get too high,” the bank’s chief analyst said.

Read more in the article JPY Forecasts.

Why can't I just get the HKD/JPY 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 / JPY 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