Compare HKD/PHP Exchange Rates
The below table is a snapshot of the costs charged by FX specialists and banks when making an International Money Transfer from HKD to PHP. The total costs are calculated against the latest mid-market rate.
Foreign Transfers
| Foreign Transfer Providers Ratings & Reviews | Receive PHP(₱) | Exchange Rate | Fee HKD | Total Cost | Transfer Services | Transfer Speed | Deal Links |
|---|---|---|---|---|---|---|---|
 Great rates and platform for personal, business and online sellers. Get local currency accounts in GBP, EUR, CAD, USD, AUD, NZD, JPY and CNY. More▾ | 331,870 PHP | 6.6374 | 0 | 0.4% | Bank Transfers - Online & Phone | 1-2 days | |
 OFX exchange rates are highly competitive for global money transfers, great customer service. ^Zero transfer fees for BestExchangeRates customers. More▾ | 321,185 PHP | 6.4237 | 0 for BER users (normally $60) | 3.61% | Bank Transfers - Online & Phone | 1-2 days | |
Banks - Average Rate    Average rate from these selected Banks. Click icons to see each bank's individual rate and fee. More▾ | 314,402 PHP | 6.2940 | 55 | 5.64% | Online, Branch, Bank Transfers | 2-3 days |
HKD to PHP mid-rate = 6.6567
Right now the HKD/PHP market mid-rate is 6.6567 and represents ideally how many Philippine Peso you can get for one Hong Kong Dollar.
This HKD/PHP Converter calculates equivalent Hong Kong Dollar to Philippine Peso amounts at the market mid-rate:
HKD / PHP mid-rate converter
6.6567 Philippine Peso
Compare how much you can save on
HKD/PHP exchange rates for:
Hong Kong Dollar |
Philippine Peso |
|---|---|
| 10 HKD | 66.57 PHP |
| 100 HKD | 665.67 PHP |
| 1,000 HKD | 6,656.70 PHP |
| 2,000 HKD | 13,313.40 PHP |
| 10,000 HKD | 66,567.00 PHP |
| See more | |
Hong Kong Dollar |
Philippine Peso |
|---|---|
| 1.5020 HKD | 10 PHP |
| 15.02 HKD | 100 PHP |
| 150.20 HKD | 1,000 PHP |
| 300.40 HKD | 2,000 PHP |
| 1,502.00 HKD | 10,000 PHP |
| See more | |
| PHP Country Guides |
|---|
 Philippines |
Hong Kong Dollar to Philippine Peso (HKD-PHP) - 10 Year History
The below table shows the historic variation in the HKD/PHP exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of HKD versus other currencies : HKD historical charts.
| Date | Exchange Rate | Period |
|---|---|---|
| 10 Feb 2019 | 6.6460 | 1 Week |
| 18 Jan 2019 | 6.7080 | 1 Month |
| 21 Aug 2018 | 6.8004 | 6 Months |
| 17 Feb 2018 | 6.6880 | 1 Year |
| 17 Feb 2017 | 6.4473 | 2 Years |
| 18 Feb 2014 | 5.7486 | 5 Years |
| 19 Feb 2009 | 6.1763 | 10 Years |
Why can't I just get the HKD/PHP market rate I see on Google or in the Media?
The HKD/PHP 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 / PHP was traded (bought or sold) in the international markets.
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.
The closer your final exchange rate is to the market HKD/PHP midrate the better deal you are getting.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
The three things you need in order to get a good HKD to PHP exchange rate
- Know the latest HKD/PHP market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
- Compare your Bank's transaction costs
to several
licensed FX providers, remember to compare
the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions. - Review up-to-date Currency News and Forecasts for both the and currencies, if available.
Currency news and forecasts for Hong Kong Dollar and Philippine Peso
Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.
So it follows that if you are determining the best time to transact, in this case the HKD vs PHP, you should pay attention to both Hong Kong Dollar and Philippine Peso news and forecasts.
Hong Kong Dollar (HKD) - Market news and forecasts
27-January-19: 2018 was a reasonable year for the Hong Kong dollar. Against a basket of major currencies, HKD appreciated by 4 percent, which was much better than a near-10 percent loss in 2017. It was, though, something of a stuttering end to 2018 and HKD has had mixed fortunes in early 2019.
As is well known, HKD follows, to a large extent, developments in US monetary policy. In December, after lifting US interest rates, the Fed lowered its expectations for future hikes due to so-called “cross currents” (China, Brexit, trade wars etc.). Skepticism among analysts over future Fed hikes has for some time been the main reason for HKD pessimism for 2019, but now, there is also the prospect of a US economic slowdown to contend with.
“A slowdown in the US economy is likely to weigh on USD [and therefore HKD] in the second half of this year,” a CIBC researcher said in January.
Of the same opinion was an expert at ING, who argued that USD, and therefore HKD, would soon “embark on a gradual long-term bearish trend.”
Philippine Peso (PHP) - Market news and forecasts
9-January-19: Since 2013, the Philippine peso has been among the world’s worst performing currencies. In the final quarter of 2018, the peso weakened to its lowest level against the US dollar since 2005, at rates in the ₱54.40s. By 2018 year-end, the peso had recovered into the mid-₱52s per USD and was down around 5 percent for the year.
Unfortunately for peso holders, the currency’s downtrend (USD/PHP’s uptrend) will likely resume in 2019, per remarks by DBS’ chief economist, who said “a very similar dynamic” of peso weakness would play out.
FX forecasters surveyed by Bloomberg in January expected the peso to be the joint second-worst performing Asian currency of 2019, with an expected loss versus the dollar of 2.5 percent. Given that the same forecasters expected a disappointing year for the dollar, it was implied that the peso would do far worse against other major currencies.
