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Compare HKD to USD foreign transfers

Use our comparison table to find the best exchange rates for United States Dollar foreign transfers versus the Banks.

When you are thinking about sending money abroad, an international money transfer provider is a great option. They can help you with the whole process, provide useful online tools and most importantly bank-beating exchange rates and low or zero fees.

 
 

Compare Best Exchange Rates for:

   
$HKD
$USD

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Foreign Transfer Providers
Ratings & Reviews
Receive USD($)Exchange RateFee HKDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
WorldFirst logo
6,330 USD0.126600.71%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
 
OFX logo
6,255 USD0.12510 for BER users (normally $60)1.88%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
DBS Bank logo
6,193.8 USD0.124502.84%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo
6,126 USD0.1226553.91%Online, Branch, Bank Transfers2-3 days
HSBC logo
6,105.22 USD0.1223$804.23%Online, Branch, Bank Transfers2-3 days
Citibank International Money Transfers
Citibank logo
6,078.54 USD0.1216124.65%Online, Branch, Bank Transfers2-3 days
WorldFirst: Foreign Transfer HKD→USD
HKD amount:$50,000 HKD
Fee:
Exchange Rate:0.1266 (0.71% from mid-rate)
USD amount:6,330 USD
Total Cost:0.71%
Time:1:06 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 
OFX: Foreign Transfer HKD→USD
HKD amount:$50,000 HKD
Fee:0 for BER users (normally $60)
Exchange Rate:0.1251 (1.88% from mid-rate)
USD amount:6,255 USD
Total Cost:1.88%
Difference:
75 USD less than using WorldFirst
Time:
Rate Fetched: Tue Apr 23 2019 00:16:04 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

DBS Bank logoDBS Bank

DBS Bank: Foreign Transfer HKD→USD
HKD amount:$50,000 HKD
Fee:50
Exchange Rate:0.1240 (2.75% from mid-rate)
USD amount:6,193.8 USD
Total Cost:2.84%
Difference:
136 USD less than using WorldFirst
Time:1:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer HKD→USD
HKD amount:$50,000 HKD
Fee:55
Exchange Rate:0.1230 (3.53% from mid-rate)
USD amount:6,126 USD
Total Cost:3.91%
Difference:
204 USD less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

HSBC logoHSBC

HSBC: Foreign Transfer HKD→USD
HKD amount:$50,000 HKD
Fee:$80 HKD (Minimum fee)
Exchange Rate:0.1223 (4.08% from mid-rate)
USD amount:6,105.22 USD
Total Cost:4.23%
Difference:
225 USD less than using WorldFirst
Time:1:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Citibank logoCitibank

Citibank: Foreign Transfer HKD→USD
HKD amount:$50,000 HKD
Fee:12
Exchange Rate:0.1216 (4.63% from mid-rate)
USD amount:6,078.54 USD
Total Cost:4.65%
Difference:
251 USD less than using WorldFirst
Time:1:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
3 Month Chart
Loading AUDUSD rates

This is a chart showing the change in the HKD-USD mid-market exchange rate over the last week. The Total Cost of each foreign transfer in the above table is calculated as the sum of all fees and the exchange rate margin, which is the difference between the provider's exchange rate and the mid-market HKD-USD exchange rate.

Currency news and forecasts for Hong Kong Dollar and United States 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 United States Dollar news and forecasts.

Hong Kong Dollar (HKD) - Market news and forecasts

On balance, the Hong Kong dollar strengthened steadily in the February-April period. By recent standards, it was particularly strong against the euro at rates near HK$8.825. It was near the weaker boundary of its US dollar trading range, at HK$7.844. Against a basket of currencies, the US dollar was up 1.5 percent on the year by April-22, implying the same year-to-date gain for HKD.

HKD’s strength comes in spite of this year’s dovish turn by the US Federal Reserve, whose actions Hong Kong’s central bank must follow. The Fed has ditched two interest rate hikes from its 2019 projections, but fortunately for holders of HKD, the rest of the world has problems too and other important central banks have also turned dovish, removing much of the incentive for selling HKD.

Based on USD research, a Bloomberg analyst warned in April of potential for a large upcoming move in HKD, up or down. Over the past quarter-century, three deep troughs in a prominent volatility index were followed by USD moves over 6-month periods worth 10-15 percent. The index in question fell in the second half of April to a 5-year low.

United States Dollar (USD) - Market news and forecasts

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.