Best Exchange Rates
Best Exchange Rates

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HKD to USD

Hong Kong dollar to U.S. dollar - Calculate Compare Save

HKD to USD market mid-rate: 0.1274

Right now the HKD/USD market rate is 0.1274 and represents ideally how many U.S. dollar you can get for one Hong Kong dollar.

You can calculate equivalent currency amounts with this rate below. Then select the transaction type to compare the best exchange rates available.

Currency Converter HKD to USD

$
$
1 HKD equals
0.1274 USD 1HKD=7.8487 USD

Compare how much you can save on exchange rates for:

Foreign Transfers   

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3 Month HKD/USD Chart
HKD-USD 3 Month chart

Hong Kong dollar

U.S. dollar

1 HKD 0.1274 USD
5 HKD 0.6370 USD
10 HKD 1.2740 USD
20 HKD 2.5480 USD
50 HKD 6.3700 USD
100 HKD 12.74 USD
250 HKD 31.85 USD
500 HKD 63.70 USD
1000 HKD 127.40 USD
2000 HKD 254.80 USD
5000 HKD 637.00 USD
10000 HKD 1,274.00 USD
50000 HKD 6,370.00 USD

Hong Kong dollar

U.S. dollar

7.8487 HKD 1 USD
39.24 HKD 5 USD
78.49 HKD 10 USD
156.97 HKD 20 USD
392.44 HKD 50 USD
784.87 HKD 100 USD
1,962.18 HKD 250 USD
3,924.35 HKD 500 USD
7,848.70 HKD 1000 USD
15,697.40 HKD 2000 USD
39,243.50 HKD 5000 USD
78,487.00 HKD 10000 USD
392,435.00 HKD 50000 USD

Hong Kong dollar to U.S. dollar (HKD-USD) - 10 Year History

The below table shows the historic variation in the HKD/USD 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.

DateExchange RatePeriod
08 Jul 20180.12741 Week
15 Jun 20180.12741 Month
16 Jan 20180.12786 Months
15 Jul 20170.12811 Year
15 Jul 20160.12902 Years
16 Jul 20130.12895 Years
17 Jul 20080.128210 Years

The three things you need in order to get a good HKD to USD exchange rate

  1. Know the latest HKD/USD 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.
  2. 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.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Transaction Costs - Margins and Fees for HKD/USD Transfers and Currency Exchange

The transaction margin from the mid-rate you will be charged by your bank or foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.

You can see a sample of the margins from mid-rate in the table below which shows an example of the costs charged by FX specialist and the average bank rate when sending money transfers from HKD to USD.

Sending a LARGER international money transfer? Request a Free Multi-Vendor Quote

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Sending HKD 50,000 to USD

OFX logo OFX (prev. ClearFX)
1HKD=0.1251USD
$6247.49 USD (1.92%)
Book & track your foreign transfers online (24/7) with industry best rates for all your deals - not just the first one! Lock in exchange rates with Spot & Forward Deals. BestExchangeRates users get the transfer fees waived.
Price Details
Receive: $6247.49 USD
Exchange Rate: 0.1251
(Inverse 1USD=HKD 7.9936)
Fees: HKD 60
Total Cost : 1.92% (from mid-rate: 0.1274)
This is the amount of money that could be received by your transfer at rate HKD/USD=0.1251 and inclusive of the fee of HKD 60.
Rate timestamp : Tue Jul 17 2018 21:21:49 GMT+0000 (UTC)
Bank Rates - Average
1HKD=0.1244USD
$6218.13 USD (2.38%)
This is the average HKD to USD International Transfer exchange rate and fees from multiple banks for FX rates available over the counter and also via Internet Banking.

 
Price Details
Receive: $6218.13 USD
Exchange Rate: 0.1244
(Inverse 1USD=HKD 8.0386)
Fees: HKD 15
Total Cost : 2.38% (from mid-rate: 0.1274)
Receive USD $29 less than with  OFX logo OFX
This is the amount of money that could be received by your transfer at rate HKD/USD=0.1244 and inclusive of the fee of HKD 15.

The below table shows an example of the margins and possible savings when you order travel money online with a currency specialist versus the average bank, kiosk or post office rate to buy foreign cash.


Buy Travel Money from Travelex

Our other partners aren't publishing any live HKD/USD rates right now.

You can calculate with the latest HKD/USD market rate (Interbank mid-rate).


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.

Our real-time comparison calculators make shopping around easy and help you calculate how much you can save.

Why can't I just get the same HKD/USD market rate I see on Google or in the Media?

The HKD/USD 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 / USD was traded (bought or sold) in the international markets.


When you look up the current Hong Kong dollar to U.S. dollar exchange rate on the web the figure you find quoted on sites like google or mentioned on TV is commonly referred to as the mid-market rate.

Getting a great HKD to USD mid-market rate is all about timing, so unless you are able to wait, watch and time the market this is largely beyond your control. This rate will go up and down with varying amounts of volatility depending on the currency pair.

This mid-market rate is really only a reference and is just the starting point for calculating the actual rate you will get for your transaction, luckily we can also use this same rate to determine how good a deal a rate that a provider offers you actually is.

You can use our HKD to USD currency converter to calculate equivalent amounts in each currency using the latest mid-market exchange rates. Then choose your transaction type for specific Hong Kong dollar cross rates and reviews of leading foreign exchange providers versus the Banks.


Currency News, Research and Forecasts for Hong Kong dollar and U.S. dollar

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency must always be quoted in comparison to a second currency.

So it follows that if you are determining the best time to transact, in this case the HKD vs USD, you should pay attention to both Hong Kong dollar and U.S. dollar news and forecasts.

Hong Kong dollar (HKD) - Market news and forecasts

Between April and June, the Hong Kong dollar traded at or close to the weaker boundary of its allowed trading range (close to 7.85 per US dollar). The Hong Kong Monetary Authority intervened in FX markets to defend the currency’s peg several times within this timeframe.

HKD has fallen to multi-decade lows due to a widening of the US-Hong Kong interest rate differential. Despite the HKMA raising interest rates in step with the US Federal Reserve, rates paid on HKD have remained low over the past eighteen months due to abundant liquidity in Hong Kong’s financial system; meanwhile, rates paid on US dollars have risen steadily. For large investors, this provides an incentive to exchange (sell) borrowed Hong Kong dollars for higher-yielding US dollars.

Due to Hong Kong’s sizeable foreign exchange reserves, which are among the largest in the world, a speculative attack on the USD/HKD peg is unlikely.

In late May, HKD climbed to a six-month high against the euro, at 9.031 per EUR. By mid-June it had weakened back into the mid-9.2s.

U.S. dollar (USD) - Market news and forecasts

It was a fine run for the dollar during the six-week period ending May 25th – the day of this report. The Dollar Index never looked back after breaking from a pocket of congestion in the final week of April. The index ended this period achieving a six-month high of 94.3. The dollar benefited from higher US yields.

Against individual currencies, within this timeframe the dollar was impressive against the euro, which fell to buy only 1.165 dollars, from levels near 1.24; against the pound, which fell to buy 1.33 dollars, from 1.44; and against the New Zealand dollar, which fell to 0.69 from 0.738.

A warning on the dollar’s medium-term outlook was offered in May by Citibank. The bank argues that downward pressure on the dollar will resume because Washington’s planned fiscal spending will cause a further deterioration in the US’ twin deficits. The dollar might have 5 percent downside over 6-12 months and 10 percent downside in the long run, a Citi analyst said.

In the coming month, supporting the dollar against growth-sensitive currencies, which include CAD, AUD, NZD, SEK, NOK, SGD and most of the emerging market currencies, will be developments surrounding global trade. In May, trade tensions resurfaced after the US Commerce Department announced it would investigate automobile imports. In 2018, Washington had already announced tariffs on aluminium and steel imports, angering much of the rest of the world.