HKD/THB update & alerts
1 HKD = 3.8744 THB
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HKD/THB Exchange Rates and Providers Compared
This guide to the Hong Kong Dollar to Thai Baht exchange rate with 90-day chart & alerts, historic rates, forecasts and HKD to THB comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. If you want to calculate equivalent amounts in foreign currencies or rate margins then use our HKD/THB Quick Calculator.
Exchange rates can 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/THB International Money Transfers. Costs are calculated against the current interbank mid-rate.
| Foreign Transfer Providers | Receive THB(฿) | Exchange Rate | Fee HKD | Total Cost | Deal Links |
|---|---|---|---|---|---|
 | ฿192,755 | 3.8551 | 0 | 0.5% | |
 | ฿186,530 | 3.7306 | 0 for BER users (normally $15) | 3.71% | |
Banks - Average Rate    Average Bank Rate | ฿182,588 | 3.6552 | 55 | 5.75% |
HKD and THB in the Markets
When determining the best time to make a foreign exchange transaction, in this case the HKD vs THB, 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.
Thai Baht (THB)
Recent years have been extremely kind to the baht and 2019 has been no exception. Approaching mid-year, the baht rose to a 6-year high against the US dollar (฿30.66) and to a 10-year high against the Australian dollar (฿21.35), as well as to long-term highs against a host of other major currencies.
The baht is being supported by Thailand’s large current-account surplus and has benefited from speculation that Thai stocks will soon be assigned a larger weighting in the MSCI Emerging Markets index, which would result in significant amounts of foreign capital entering Thailand.
The team at TradingEconomics.com is expecting slight baht weakness over the coming year, with June-2020 forecasts for USD/THB and AUD/THB of 32 and 22 respectively.
Why can't I just get the HKD/THB 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 / THB 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.
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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