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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
WorldFirst logo
668,500 JPY13.3700.51%
OFX logo
654,000 JPY13.080 for BER users (normally $15)2.67%
DBS Bank logo
647,352 JPY12.96503.66%
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo
640,392 JPY12.82554.7%
HSBC logo
638,477 JPY12.79$804.98%
Citibank International Money Transfers
Citibank logo
635,347 JPY12.71125.45%
WorldRemit logo
Your amount above the WorldRemit HKD2000 maximum
WorldFirst: Foreign Transfer HKD→JPY
HKD amount:$50,000 HKD
Fee:
Exchange Rate:13.37 (0.51% from mid-rate)
JPY amount:668,500 JPY
Total Cost:0.51%
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→JPY
HKD amount:$50,000 HKD
Fee:0 for BER users (normally $15)
Exchange Rate:13.08 (2.67% from mid-rate)
JPY amount:654,000 JPY
Total Cost:2.67%
Difference:
14,500 JPY less than using WorldFirst
Time:
Rate Fetched: Sun Aug 25 2019 00:16:22 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:12.96 (3.56% from mid-rate)
JPY amount:647,352 JPY
Total Cost:3.66%
Difference:
21,148 JPY 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→JPY
HKD amount:$50,000 HKD
Fee:55
Exchange Rate:12.86 (4.31% from mid-rate)
JPY amount:640,392 JPY
Total Cost:4.7%
Difference:
28,108 JPY less than using WorldFirst
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:12.79 (4.83% from mid-rate)
JPY amount:638,477 JPY
Total Cost:4.98%
Difference:
30,023 JPY 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→JPY
HKD amount:$50,000 HKD
Fee:12
Exchange Rate:12.71 (5.42% from mid-rate)
JPY amount:635,347 JPY
Total Cost:5.45%
Difference:
33,153 JPY less than using WorldFirst
Time:1:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
WorldRemit: Foreign Transfer HKD→JPY
HKD amount:$50,000 HKD
Fee:
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
Reviews:
 
Snapshot 08/25/2019 - See full table

HKD to JPY interbank exchange rate = 13.439

 
 

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