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Best HKD to PHP Exchange Rates Compared Live

The best HKD to PHP exchange rate is 7.1801. Compare foreign transfer and currency exchange rates, find better rates & deals.

HKD-PHP Best Exchange Rate Calculator
 

Comparing HKD-PHP exchange rates

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Hong Kong dollar (HKD) to Philippine peso (PHP) rates from different sources before making a conversion.

The above Hong Kong dollar to Peso comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest HKD-PHP mid-rate (see below) and the possible savings of using another provider.

 
 

HKD to PHP Market Data

Hong Kong dollar (HKD) to Philippine peso (PHP) market data - latest interbank exchange rate, trend, chart & historic rates.

 
1 HKD =
7.1801We compare provider deals to this wholesale mid-market rate. Read more
PHP
+0.1%
📈1M
HKD to PHP at 7.1953 is just 0.6% above its 3-month average of 7.1525, having traded in a stable 2.0% range from 7.0755 to 7.2151
|
Sell HKD   â†’   Buy PHP
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DateHKD/PHPPeriod
10 Mar 2024
7.1058
2 Week
25 Dec 2023
7.0871
3 Month
25 Mar 2023
6.9157
1 Year
26 Mar 2019
6.7075
5 Year
27 Mar 2014
5.7995
10 Year
29 Mar 2004
7.2422
20 Year
HKD/PHP historic rates
 

What are equivalent amounts of HKD and PHP?

Here are some popular conversion amounts for HKD to PHP (Hong Kong dollar to Philippine peso)*.

HKD PHP
HK$ 1 7.1801
HK$ 5 35.90
HK$ 10 71.80
HK$ 20 143.60
HK$ 50 359.01
HK$ 100 718.01
HK$ 250 1,795
HK$ 500 3,590
HK$ 1,000 7,180
HK$ 2,000 14,360
HK$ 5,000 35,901
HK$ 10,000 71,801
HK$ 20,000 143,602
HK$ 50,000 359,005
HK$ 100,000 718,010
HKD PHP
HK$ 0.1393 ₱ 1
HK$ 0.6965 ₱ 5
HK$ 1.3930 ₱ 10
HK$ 2.7860 ₱ 20
HK$ 6.9650 ₱ 50
HK$ 13.93 ₱ 100
HK$ 34.83 ₱ 250
HK$ 69.65 ₱ 500
HK$ 139.30 ₱ 1,000
HK$ 278.60 ₱ 2,000
HK$ 696.50 ₱ 5,000
HK$ 1,393 ₱ 10,000
HK$ 2,786 ₱ 20,000
HK$ 6,965 ₱ 50,000
HK$ 13,930 ₱ 100,000

More amounts

*Converted at the current HKDPHP interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for HKD to PHP

 

FX analysts expect the Hong Kong Dollar (HKD) to Philippine Peso (PHP) exchange rate to remain relatively stable in the coming month. Despite some challenges in Hong Kong's economic landscape, such as lower year-on-year inflation figures and weaker Q4 GDP growth, the HKD has shown resilience against the USD and major Asian currencies. The HKD's value surged in January but couldn't sustain its gains as the month progressed. Analysts believe that the HKD's strength in February was supported by government measures to bolster the property market amid economic uncertainties in the city.

Read our full review of recent HKD to PHP forecasts.

 

How to get a good HKD to PHP exchange rate

There are several ways to save on exchange rates when converting Hong Kong dollar to Philippine peso:

  1. Shop around for the best HKD/PHP exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
  2. Timing is important: Keep an eye on the HKD/PHP rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
  3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
  4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both HKD and PHP at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
  5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Philippine peso with Hong Kong dollar, then it's better for the HKD/PHP exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

Will the Hong Kong dollar rise against the Philippine peso?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add HKD/PHP to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


 

Read our Currency guide to Philippines - a practical currency and money guide to travel, living and doing business in Philippines with the Philippine peso.

 
 
 

Currency Country Guides

Hong KongHong Kong (HKD)PhilippinesPhilippines (PHP)
 

What is the cost of living in Philippines?

The cost of living in Philippines is relatively low compared to other countries. Rent, food, and transportation are all relatively inexpensive.

How is the expat life in Philippines?

The expat life in Philippines can be quite comfortable. There is a wide variety of housing options available, from apartments to villas. Many expats live in gated communities with security guards. The cost of living is relatively low, and there are a number of good schools to choose from. English is widely spoken, which makes communication easy.

Read more at our Philippines (PHP) country guide

   
 
 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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