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  1. Exchange Rates
  2. Hong Kong dollar (HKD)
  3. Japanese yen (JPY)

Convert HKD to JPY at Best Exchange Rates

1 Hong Kong dollar equals
Japanese yen 1HKD=JPY

There are three simple steps you need to take in order to get a good HKD-JPY exchange rate:

  1. Know the latest HKD to JPY market mid-rate - this is your starting point!
  2. Compare your Bank and licensed FX provider transaction costs, including the exchange rate margins as well as the various types of fees. These margins and fee costs vary for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the Hong Kong dollar and Japanese yen currencies, if available.

1. Market HKD/JPY mid-rate

Right now the HKD/JPY market rate is and represents how many Japanese yen you can get for one Hong Kong dollar.

Calculate equivalent currency amounts with this HKD to JPY currency converter then select the transaction type to compare the best exchange rates available.


Currency Converter HKD to JPY

$
¥
1 HKD equals
JPY 1HKD=JPY

See how much you can save on exchange rates for :

Foreign Transfers    Travel Money

Get fee-free global money transfers with our partner OFX
HKD-JPY 3 Month chart
HKD-JPY 3 Month chart

Hong Kong dollar to Japanese yen (HKD-JPY) - 10 Year History

DateExchange RatePeriod
13 May 201813.92601 Week
20 Apr 201813.72721 Month
21 Nov 201714.38156 Months
20 May 201714.29531 Year
20 May 201614.17652 Years
21 May 201313.21915 Years
22 May 200813.330710 Years

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

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

2. Transaction Costs - Margins and Fees for HKD/JPY 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 JPY 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 JPY.

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

Compare Foreign Transfers

Sending HKD 50,000 to JPY

OFX logo OFX (prev. ClearFX)
1HKD=13.83JPY
¥690,670 JPY (2.14%)
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: ¥690,670 JPY
Exchange Rate: 13.83
Fees: HKD 60
Total Cost : 2.14% (from mid-rate: 14.1161)
This is the amount of money that could be received by your transfer at rate HKD/JPY=13.83 and inclusive of the fee of HKD 60.
Rate timestamp : Tue May 22 2018 23:22:08 GMT+0000 (UTC)
Bank Rates - Average
1HKD=13.74JPY
¥686,794 JPY (2.69%)
This is the average HKD to JPY International Transfer exchange rate and fees from multiple banks for FX rates available over the counter and also via Internet Banking.

 
Price Details
Receive: ¥686,794 JPY
Exchange Rate: 13.74
Fees: HKD 15
Total Cost : 2.69% (from mid-rate: 14.1161)
Receive JPY ¥3,876 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate HKD/JPY=13.74 and inclusive of the fee of HKD 15.

Travel Money HKD to JPY - 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/JPY rates right now.

You can calculate with the latest HKD/JPY 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/JPY market rate I see on Google or in the Media?

When you look up the current Hong Kong dollar to Japanese yen 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 JPY 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 our HKD to JPY currency converter to calculate equivalent amounts in each currency 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 Japanese yen

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 JPY, you should pay attention to both Hong Kong dollar and Japanese yen news and forecasts.

Hong Kong dollar (HKD) - Market news and forecasts

In April, 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 sixteen 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 late April, the Hong Kong dollar also remained close to long-term lows against the euro.

Japanese yen (JPY) - Market news and forecasts

By late March 2018, the yen had strengthened to a sixteen-month high against the dollar of 104.21, making it the best performing major currency of the year to that point; however, by late-April, renewed dollar optimism had driven USD/JPY back into the 109s, close to its average over the past six months.

In the weeks leading up to this report, the yen had also weakened against seven of the other nine G10 currencies.

It appears that central bank divergence is back as the principal driver of USD/JPY. Recent events have cemented expectations for four further US rate hikes this year, but the Bank of Japan, by contrast, continues to uphold easy monetary policy and maintain negative interest rates.

Despite interest rate differentials working against it, in a report on April 23rd, Citibank said of the yen that it remains “fundamentally undervalued,” and it predicted USD/JPY falling to 103 within the next 6-12 months.