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  1. Exchange Rates
  2. Singapore dollar (SGD)
  3. Hong Kong dollar (HKD)

Convert SGD to HKD at Best Exchange Rates

Use this two-way calculator and chart to calculate amounts in either Singapore dollar or 1000 using the real-time SGD/HKD market mid-rate. Then choose your transaction type Foreign Transfer Travel Money to see the available exchange rates and reviews for our leading foreign exchange providers.

SGD to HKD mid-rate calculator

$
$
1 SGD equals
HKD 1SGD=HKD


Compare rates for: Foreign Transfers    Travel Money

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Loading SGD/HKD Chart

There are three important types of information that you need to know if you are to have any chance of getting the best possible SGD / HKD rate :

  1. Market SGD to HKD mid-rate - the starting point.
  2. Transaction costs, these include exchange rate margins plus various types of fees. These margin and fee costs vary for Foreign Transfers and Travel Money transactions.
  3. Up-to-date Currency News, Research and Forecasts for Singapore dollar and Hong Kong dollar.

1. Market SGD/HKD mid-rate

Right now the SGD/HKD market rate is and represents how many Hong Kong dollar you can get for one Singapore dollar.

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

1 Singapore dollar equals
Hong Kong dollar 1=

You can calculate with the current mid-rate using our SGD to HKD calculator below but note the rate will most likely be quite different by the time you make you currency exchange.


2. Transaction Costs - Margins and Fees for SGD/HKD Foreign 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.

SGD to HKD Foreign Transfer - Costs Compared

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 SGD to HKD.

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

Compare Foreign Transfers

Sending SGD 10,000 to HKD

 OFX
1SGD=5.8338HKD
$58,338 HKD (2.01%)
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: $58,338 HKD
Exchange Rate: 5.8338
(Inverse 1HKD=SGD 0.1714)
Fees: 0
Total Cost : 2.01% (from mid-rate: 5.9534)
This is the amount of money that could be received by your transfer at rate SGD/HKD=5.8338 and inclusive of the fee of 0.
Rate timestamp : Mon Apr 23 2018 06:19:13 GMT+0000 (UTC)
Bank Rates - Average
1SGD=5.7346HKD
$57,243 HKD (3.85%)
This is the average SGD to HKD International Transfer exchange rate and fees from multiple banks for FX rates available over the counter and also via Internet Banking.

 
Price Details
Receive: $57,243 HKD
Exchange Rate: 5.7346
(Inverse 1HKD=SGD 0.1744)
Fees: SGD 18
Total Cost : 3.85% (from mid-rate: 5.9534)
Receive HKD $1,095 less than with   OFX
This is the amount of money that could be received by your transfer at rate SGD/HKD=5.7346 and inclusive of the fee of SGD 18.
 Emirates NBD
1SGD=5.6938HKD
$56,369 HKD (5.32%)
 
Price Details
Receive: $56,369 HKD
Exchange Rate: 5.6938
(Inverse 1HKD=SGD 0.1756)
Fees: SGD 100 (1%)
Total Cost : 5.32% (from mid-rate: 5.9534)
This is the amount of money that could be received by your transfer at rate SGD/HKD=5.6938 and inclusive of the fee of SGD 100 (1%).

Travel Money SGD to HKD - Costs Compared

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 SGD/HKD rates right now.

You can calculate with the latest SGD/HKD 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 SGD/HKD market rate I see on Google or in the Media?

When you look up the current Singapore dollar to Hong Kong 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 SGD to HKD 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 the below SGD to HKD calculator to convert currency amounts using the latest mid-market exchange rates. Then choose your transaction type for specific Singapore dollar cross rates and reviews of leading foreign exchange providers versus the Banks.


3. Currency News, Research and Forecasts for Singapore dollar and Hong Kong 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 is always determined quoted in comparison to another currency.

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

Singapore dollar (SGD) - Market news and forecasts

In 2018, Singapore developments and economic data have been less of a driver of SGD FX rates, with most simply following the broader market(s).

In January, after breaking significant technical support at 1.335, USD/SGD fell to 1.3 for the first time since 2014. Then, in line with the broader market for dollar pairs, USD/SGD rallied by mid-February into the high 1.31s. 1.335 remains a significant technical level in this pair.

Against a very strong Japanese yen, SGD lost nearly 4% of its value in the first seven weeks of the year; however, this was once again in line with the broad moves in yen pairs. In mid-February, SGD bought roughly 81 yen.

Against the euro, SGD continues to lose value in 2018, as it did in 2017. SGD weakened in early February to 1.645 per euro – its weakest level in two-and-a-half years.

The team at TradingEconomics.com is forecasting SGD weakness ahead. It sees the currency weakening to 1.38 per US dollar before the end of the year.

Hong Kong dollar (HKD) - Market news and forecasts

In March, the Hong Kong dollar weakened to the extreme of its allowed trading range, at 7.85 per US dollar, marking the point at which the Hong Kong Monetary Authority must step in to defend the currency.

The Hong Kong dollar 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 Hong Kong dollars have remained low over the past fifteen 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 March, the Hong Kong dollar also stood close to long-term lows against both the Japanese yen and euro.