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PHP to HKD - Compare Exchange Rates

Philippine Peso to Hong Kong Dollar - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

Compare PHP/HKD Exchange Rates

The below table is a snapshot of the costs charged by FX specialists and banks when making an International Money Transfer from PHP to HKD. The total costs are calculated against the latest mid-market rate.

Foreign Transfer Providers
Ratings & Reviews
Receive HKD($)Exchange RateFee PHPTotal CostTransfer ServicesTransfer SpeedDeal Links
 
OFX logo
1,487 HKD0.148701.2%Bank Transfers - Online & Phone1-2 days
 
TorFX logo
1,486 HKD0.148601.26%Bank Transfers - Online & Phone1-2 days
HSBC International Money Transfers
HSBC logo
1,419.87 HKD0.1422₱155.66%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Citibank logo HSBC logo
1,414 HKD0.1416156.07%Online, Branch, Bank Transfers2-3 days
Citibank International Money Transfers
Citibank logo
1,407.31 HKD0.1409126.49%Online, Branch, Bank Transfers2-3 days
 
OFX: Foreign Transfer PHP→HKD
PHP amount:10,000 PHP
Fee:
Exchange Rate:0.1487 (1.2% from mid-rate)
HKD amount:1,487 HKD
Total Cost:1.2%
Time:
Rate Fetched: 1:12 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.8/5.0
Reviews:
TorFX: Foreign Transfer PHP→HKD
PHP amount:10,000 PHP
Fee:0
Exchange Rate:0.1486 (1.26% from mid-rate)
HKD amount:1,486 HKD
Total Cost:1.26%
Difference:
$1 less than using OFX
Time:1:12 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
HSBC: Foreign Transfer PHP→HKD
PHP amount:10,000 PHP
Fee:₱15 PHP (.15%)
Exchange Rate:0.1422 (5.51% from mid-rate)
HKD amount:1,419.87 HKD
Total Cost:5.66%
Difference:
$67 less than using OFX
Time:1:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
Citibank logo HSBC logo

Foreign Transfer PHP→HKD
PHP amount:10,000 PHP
Fee:15
Exchange Rate:0.1438 (4.45% from mid-rate)
HKD amount:1,414 HKD
Total Cost:6.07%
Difference:
$73 less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Citibank: Foreign Transfer PHP→HKD
PHP amount:10,000 PHP
Fee:12
Exchange Rate:0.1409 (6.38% from mid-rate)
HKD amount:1,407.31 HKD
Total Cost:6.49%
Difference:
$80 less than using OFX
Time:1:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated as financial payment services. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/20/2019

PHP to HKD mid-rate = 0.1512

Right now the PHP/HKD market mid-rate is 0.1512 and represents ideally how many Hong Kong Dollar you can get for one Philippine Peso.

This PHP/HKD Converter calculates equivalent Philippine Peso to Hong Kong Dollar amounts at the market mid-rate:

PHP / HKD mid-rate converter


₱PHP


$HKD
1 Philippine Peso equals
0.1512 Hong Kong Dollar

Compare how much you can save on
PHP/HKD exchange rates for:

Foreign Transfers

 
 
1 Week PHP to HKD Chart
Loading PHP/HKD rates
Sending to HKD we recommend: WorldRemit WorldRemit

Philippine Peso

Hong Kong Dollar

1 PHP 0.1512 HKD
5 PHP 0.7560 HKD
10 PHP 1.5120 HKD
20 PHP 3.0240 HKD
50 PHP 7.5600 HKD
100 PHP 15.12 HKD
250 PHP 37.80 HKD
500 PHP 75.60 HKD
1,000 PHP 151.20 HKD
2,000 PHP 302.40 HKD
5,000 PHP 756.00 HKD
10,000 PHP 1,512.00 HKD
50,000 PHP 7,560.00 HKD
100,000 PHP 15,120.00 HKD
See more

Philippine Peso

Hong Kong Dollar

6.6158 PHP 1 HKD
33.08 PHP 5 HKD
66.16 PHP 10 HKD
132.32 PHP 20 HKD
330.79 PHP 50 HKD
661.58 PHP 100 HKD
1,653.95 PHP 250 HKD
3,307.90 PHP 500 HKD
6,615.80 PHP 1,000 HKD
13,231.60 PHP 2,000 HKD
33,079.00 PHP 5,000 HKD
66,158.00 PHP 10,000 HKD
330,790.00 PHP 50,000 HKD
661,580.00 PHP 100,000 HKD
See more

HKD Country Guides
Hong KongHong Kong

Philippine Peso to Hong Kong Dollar (PHP-HKD) - 10 Year History

The below table shows the historic variation in the PHP/HKD 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. You can also view our various charts of PHP versus other currencies : PHP historical charts.

DateExchange RatePeriod
10 Feb 20190.15051 Week
18 Jan 20190.14911 Month
21 Aug 20180.14716 Months
17 Feb 20180.14951 Year
17 Feb 20170.15512 Years
18 Feb 20140.17405 Years
19 Feb 20090.161910 Years

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

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

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.

The closer your final exchange rate is to the market PHP/HKD midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

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

  1. Know the latest PHP/HKD 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.

Currency news and forecasts for Philippine Peso and Hong Kong Dollar

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the PHP vs HKD, you should pay attention to both Philippine Peso and Hong Kong Dollar news and forecasts.

Philippine Peso (PHP) - Market news and forecasts

9-January-19: Since 2013, the Philippine peso has been among the world’s worst performing currencies. In the final quarter of 2018, the peso weakened to its lowest level against the US dollar since 2005, at rates in the ₱54.40s. By 2018 year-end, the peso had recovered into the mid-₱52s per USD and was down around 5 percent for the year.

Unfortunately for peso holders, the currency’s downtrend (USD/PHP’s uptrend) will likely resume in 2019, per remarks by DBS’ chief economist, who said “a very similar dynamic” of peso weakness would play out.

FX forecasters surveyed by Bloomberg in January expected the peso to be the joint second-worst performing Asian currency of 2019, with an expected loss versus the dollar of 2.5 percent. Given that the same forecasters expected a disappointing year for the dollar, it was implied that the peso would do far worse against other major currencies.

Hong Kong Dollar (HKD) - Market news and forecasts

27-January-19: 2018 was a reasonable year for the Hong Kong dollar. Against a basket of major currencies, HKD appreciated by 4 percent, which was much better than a near-10 percent loss in 2017. It was, though, something of a stuttering end to 2018 and HKD has had mixed fortunes in early 2019.

As is well known, HKD follows, to a large extent, developments in US monetary policy. In December, after lifting US interest rates, the Fed lowered its expectations for future hikes due to so-called “cross currents” (China, Brexit, trade wars etc.). Skepticism among analysts over future Fed hikes has for some time been the main reason for HKD pessimism for 2019, but now, there is also the prospect of a US economic slowdown to contend with.

“A slowdown in the US economy is likely to weigh on USD [and therefore HKD] in the second half of this year,” a CIBC researcher said in January.

Of the same opinion was an expert at ING, who argued that USD, and therefore HKD, would soon “embark on a gradual long-term bearish trend.”

Currency News and Forecasts

Pound at 2-Week High Ahead of May-Juncker Brexit Meeting
Euro to Strike 20-Month Low This Week; $1.12 Beckons
HSBC Cuts Australian Dollar Forecast; Aussie to Buy Only US66¢ at Year-End
China’s Ant Financial Acquires WorldFirst
New Zealand Dollar Jumps After RBNZ Says It Won’t Lower Interest Rates
Dollar Optimism Drives Markets