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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/Card transactions as shown below.

 

1 HKD = 153.34 KRW

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HKD to KRW - Trading Range (90 Day)
ALERT: 1-DAY ▲ 0.6% 🔔 |
HKD/KRW at 153.39 is trading 1.9% above the 90-day average 150.49 with a range 147.61 to 154.02. ALERT: HKD/KRW is UP 0.6% for 1-DAY.
18-Feb-2020 16:NY 21:LON 08:SYD+1d

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Quick Conversions from Hong Kong Dollar to South Korean Won

HKD

KRW

HK$ 1
153.34
HK$ 5
766.70
HK$ 10
1,533
HK$ 20
3,067
HK$ 50
7,667
HK$ 100
15,334
HK$ 250
38,335
HK$ 500
76,670
HK$ 1,000
153,340
HK$ 2,000
306,680
HK$ 5,000
766,700
HK$ 10,000
1,533,400
HK$ 50,000
7,667,000
HK$ 100,000
15,334,000
More amounts

HKD

KRW

HK$ 0.0065
1
HK$ 0.0326
5
HK$ 0.0652
10
HK$ 0.1304
20
HK$ 0.3261
50
HK$ 0.6522
100
HK$ 1.6305
250
HK$ 3.2610
500
HK$ 6.5220
1,000
HK$ 13.04
2,000
HK$ 32.61
5,000
HK$ 65.22
10,000
HK$ 326.10
50,000
HK$ 652.20
100,000
More amounts

To calculate specific HKD/KRW amounts use our Convert HKD to KRW quick calculator.


Comparing Foreign Exchange Providers

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.

Country Guides (HKD & KRW)

Hong KongHong Kong (HKD)South KoreaSouth Korea (KRW)

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.


How to get Best HKD to KRW Exchange Rates

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).

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.

What is a good HKD to KRW exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the HKD to KRW exchange rate to the present day for periods going back upto 10 years.

PeriodHKD/KRWDate
1 Day152.341116 Feb 2020
7 Day152.920010 Feb 2020
30 Day149.518518 Jan 2020
3 Month149.187219 Nov 2019
1 Year143.519917 Feb 2019
5 Year142.798418 Feb 2015
10 Year148.886119 Feb 2010

When is the best time to exchange HKD to KRW?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup myBER FX Alerts

We help you Save Money on Exchange Rates.

 

View all HKD Exchange Rates