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HKD to KRW - Rate Guide

Hong Kong Dollar to South Korean Won 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.

 

HKD/KRW update & alerts

1 HKD = 150.31 KRW

ALERT: 90-DAY LOW |
At 150.31 HKD/KRW is trading well below its 90 day average 152.79 with range 155.34 to 150.3. ALERT: HKD/KRW has dropped to a 90-DAY LOW. Updated: 08:52-AEDT 22:52-BST 17:52-EDT
 

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HKD/KRW Exchange Rates and Providers Compared

This guide to the Hong Kong Dollar to South Korean Won exchange rate with 90-day chart & alerts, historic rates, forecasts and HKD to KRW comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. Calculate amounts and rate margins with the HKD/KRW Calculator.

HKD / KRW converter & margin calculator

HK$HKD
₩KRW
mid-rates

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

Foreign Transfers

Foreign Transfers Travel Money

Hong Kong Dollar

South Korean Won

1 HKD 150.31 KRW
5 HKD 751.55 KRW
10 HKD 1,503.10 KRW
20 HKD 3,006.20 KRW
50 HKD 7,515.50 KRW
100 HKD 15,031.00 KRW
250 HKD 37,577.50 KRW
500 HKD 75,155.00 KRW
1,000 HKD 150,310.00 KRW
2,000 HKD 300,620.00 KRW
5,000 HKD 751,550.00 KRW
10,000 HKD 1,503,100.00 KRW
50,000 HKD 7,515,500.00 KRW
100,000 HKD 15,031,000.00 KRW
See more

Hong Kong Dollar

South Korean Won

0.0067 HKD 1 KRW
0.0333 HKD 5 KRW
0.0665 HKD 10 KRW
0.1331 HKD 20 KRW
0.3327 HKD 50 KRW
0.6653 HKD 100 KRW
1.6633 HKD 250 KRW
3.3265 HKD 500 KRW
6.6530 HKD 1,000 KRW
13.31 HKD 2,000 KRW
33.27 HKD 5,000 KRW
66.53 HKD 10,000 KRW
332.65 HKD 50,000 KRW
665.30 HKD 100,000 KRW
See more
Country Guides (HKD & KRW)
Hong KongHong Kong (HKD)South KoreaSouth Korea (KRW)

HKD/KRW - Historical Trends

This table shows historic rates and trends of Hong Kong Dollar to South Korean Won over periods upto 10 years.

PeriodHKD/KRWDate
1 Day150.887013 Oct 2019
7 Day152.584407 Oct 2019
30 Day150.846714 Sep 2019
3 Month150.799816 Jul 2019
1 Year144.510214 Oct 2018
5 Year137.034915 Oct 2014
10 Year150.151916 Oct 2009

You can use our HKD interactive charts to check HKDKRW historic trends.

Get a Better FX Deal when you Send and Spend Abroad.

 

HKD and KRW in the Markets

When determining the best time to make a foreign exchange transaction, in this case the HKD vs KRW, 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 the recent protests and also 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.

 

South Korean Won (KRW)

The South Korean won has been the worst-performing Asian currency in 2019.

In the first five months of the year, the won lost 6 percent of its value against the dollar on its way to a 2-year low of ₩1,190, and lost 4 percent against the euro, with weakness driven by falling exports and an alarming drop in South Korean inflation, both of which drove expectations for an interest rate cut by the Bank of Korea. In addition, the won is one of those currencies being used as a proxy for risk, particularly for risks relating to US-China trade.

The Bank of Korea has warned traders that it will intervene in markets to prop up the won should the rate of currency depreciation accelerate, though interventions will be “mild.”

In late May, Bank of America Merrill Lynch predicted a reversal in won weakness. It said that it was “just a matter of time” before investors again focused on South Korea’s strong fundamentals. The bank expects USD/KRW to fall 7 percent in the second half of the year to ₩1,110.

Why can't I just get the HKD/KRW 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 / KRW 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.

 

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