NZD/HKD update & alerts
1 NZD = 5.1426 HKD
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NZD/HKD Exchange Rates and Providers Compared
This guide to the New Zealand Dollar to Hong Kong Dollar exchange rate with 90-day chart & alerts, historic rates, forecasts and NZD to HKD 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 NZD/HKD 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 NZD/HKD International Money Transfers. Costs are calculated against the current interbank mid-rate.
| Foreign Transfer Providers | Receive HKD(HK$) | Exchange Rate | Fee NZD | Total Cost | Deal Links |
|---|---|---|---|---|---|
 | HK$51,059 Best Overall | 5.1059 | 0 | 0.58% | |
 | HK$50,068 HK$991 less | 5.0068 | 0^ | 2.51% | |
 | HK$51,100 HK$41 more | 5.11 | 0 | 0.5% | |
Banks - Average Rate      Average Bank Rate | HK$48,618 HK$2,441 less | 4.8869 | 22 | 5.33% |
Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.
| Travel Money Providers | Amount HKD(HK$) | Exchange Rate | Fee NZD | Total Cost | Deal Links |
|---|---|---|---|---|---|
ASB Bank Foreign Currency | HK$4,881 Compare | 4.9303 | NZ$10 | 4.96% |
NZD and HKD in the Markets
When determining the best time to make a foreign exchange transaction, in this case the NZD vs HKD, you should pay attention to the recent market trends for both currencies.
New Zealand Dollar (NZD)
The threat of proxy war between the US and Iran in Iraq has pared back some of the gains the Kiwi had made coming into the New Year.
In December the New Zealand dollar has climbed back to US$0.66 it's highest value since July.
Against the Australian dollar, jumped to A$0.96 after being as low as A$0.92 in early November before starting a strong recovery upto current levels above A$0.95.
Robbing New Zealand's currency of better gains in 2019 have been reduced risk appetite spurred on by an escalation in the US-China trade standoff, and high correlations with other weak currencies, including the Australian dollar and yuan.
For more details read the full article NZ dollar news and forecasts.
Read more in the article NZD Forecasts.
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.
Why can't I just get the NZD/HKD 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 NZD / HKD 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.
View all NZD Exchange Rates
