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HKD to PHP - Rate Guide

Hong Kong Dollar to Philippine Peso 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 = 6.5348 PHP

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HKD to PHP - Trading Range (90 Day)
14-DAY LOW (6d)
HKD/PHP at 6.5345 was trading near the 90-day average 6.5171 with a range 6.4595 to 6.575. There are no current rate alerts.
21-Feb 5PM-NY 10PM-LON | 22-Feb 9AM-SYD

More Charts


Quick Conversions from Hong Kong Dollar to Philippine Peso

HKD

PHP

HK$ 1
6.5348
HK$ 5
32.67
HK$ 10
65.35
HK$ 20
130.70
HK$ 50
326.74
HK$ 100
653.48
HK$ 250
1,634
HK$ 500
3,267
HK$ 1,000
6,535
HK$ 2,000
13,070
HK$ 5,000
32,674
HK$ 10,000
65,348
HK$ 50,000
326,740
HK$ 100,000
653,480
More amounts

HKD

PHP

HK$ 0.1530
1
HK$ 0.7650
5
HK$ 1.5300
10
HK$ 3.0600
20
HK$ 7.6500
50
HK$ 15.30
100
HK$ 38.25
250
HK$ 76.50
500
HK$ 153.00
1,000
HK$ 306.00
2,000
HK$ 765.00
5,000
HK$ 1,530
10,000
HK$ 7,650
50,000
HK$ 15,300
100,000
More amounts

To calculate specific HKD/PHP amounts use our Convert HKD to PHP 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.

The Exchange rate you are offered can also 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/PHP International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

HKD to PHP International Money Transfers

  

Foreign Transfer ProvidersReceive PHP(₱)Exchange RateFee HKDTotal CostDeal Links
WorldFirst logo
325,1056.502100.5%
OFX logo
311,3406.22680 for BER users (normally $15)4.71%
DBS Bank logo
308,0726.1676505.71%
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo
304,7646.1011556.73%
HSBC logo
303,8386.0865HK$807.01%
Citibank International Money Transfers
Citibank logo
302,3826.0491127.45%
WorldRemit logo
Your amount above the WorldRemit HKD2000 maximum
 
WorldFirst logo
WorldFirst: Foreign Transfer HKD→PHP
From Amount (HKD)HK$50,000
Fee:
Exchange Rate:6.5021 (0.5% from mid-rate)
To Amount (PHP)325,105
Total Cost:0.5%
Time:1:07 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 
OFX logo
OFX: Foreign Transfer HKD→PHP
From Amount (HKD)HK$50,000
Fee:0 for BER users (normally $15)
Exchange Rate:6.2268 (4.71% from mid-rate)
To Amount (PHP)311,340
Total Cost:4.71%
Difference:
₱13,765 PHP less than using WorldFirst
Time:
Rate Fetched: Sat Feb 22 2020 00:17:44 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
DBS Bank logo
DBS Bank: Foreign Transfer HKD→PHP
From Amount (HKD)HK$50,000
Fee:50
Exchange Rate:6.1676 (5.62% from mid-rate)
To Amount (PHP)308,072
Total Cost:5.71%
Difference:
₱17,033 PHP less than using WorldFirst
Time:1:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer HKD→PHP
From Amount (HKD)HK$50,000
Fee:55
Exchange Rate:6.1177 (6.38% from mid-rate)
To Amount (PHP)304,764
Total Cost:6.73%
Difference:
₱20,341 PHP less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
HSBC logo
HSBC: Foreign Transfer HKD→PHP
From Amount (HKD)HK$50,000
Fee:HK$80 HKD (Minimum fee)
Exchange Rate:6.0865 (6.86% from mid-rate)
To Amount (PHP)303,838
Total Cost:7.01%
Difference:
₱21,267 PHP less than using WorldFirst
Time:1:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Citibank logo
Citibank: Foreign Transfer HKD→PHP
From Amount (HKD)HK$50,000
Fee:12
Exchange Rate:6.0491 (7.43% from mid-rate)
To Amount (PHP)302,382
Total Cost:7.45%
Difference:
₱22,723 PHP less than using WorldFirst
Time:1:07 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
WorldRemit logo
WorldRemit: Foreign Transfer HKD→PHP
From Amount (HKD)HK$50,000
Fee:
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
Reviews:
 
Snapshot 02/22/2020 - View latest rates
 

Country Guides (HKD & PHP)

Hong KongHong Kong (HKD)PhilippinesPhilippines (PHP)

HKD and PHP in the Markets

When determining the best time to make a foreign exchange transaction, in this case the HKD vs PHP, 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.

 

Philippine Peso (PHP)

It’s been a solid start to 2019 for the Philippine peso, which is up slightly (between 0.6 and 2 percent) against the US dollar, Australian dollar and euro. The peso has rebounded from 13-year lows struck in the fourth quarter of last year courtesy of economic reforms, proposed fiscal spending and an S&P credit rating upgrade.

The peso slipped in the week leading up to May’s Bangko Sentral ng Pilipinas meeting, with traders correctly forecasting an interest rate cut (the first since 2016). The BSP is able to lower rates because inflation has halved over the past 6 months and is back at targeted levels.

The peso steadied post-BSP at levels near 52.2 per USD but might be pressured in the months ahead from further policy easing, which hasn’t been ruled out.

Per an ING analyst, the BSP will be comfortable with peso exchange rates between 52 and 55 per USD, but beyond these levels they might intervene in markets. ING is forecasting USD/PHP at 54 at year-end.


How to get Best HKD to PHP 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 PHP 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 PHP exchange rate to the present day for periods going back upto 10 years.

PeriodHKD/PHPDate
1 Day6.502316 Feb 2020
7 Day6.538610 Feb 2020
30 Day6.554618 Jan 2020
3 Month6.504619 Nov 2019
1 Year6.672217 Feb 2019
5 Year5.693718 Feb 2015
10 Year5.953219 Feb 2010

When is the best time to exchange HKD to PHP?

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