Best SGD to HKD Exchange Rates - Compare Providers & Save

In this Singapore dollar to Hong Kong dollar guide:

1 SGD = HKD

Sell SGD → Buy HKD

90-DAY▲HIGH

SGD to HKD at 5.7903 is 0.8% above average of its 90-day range 5.6801-5.7903.

21-JAN 5PM-NY 10PM-LON 22-JAN 6AM-HK 9AM-SYD

Track Rate

SGD/HKD was	Change	Period
5.7516 07 Jan 2022	0.7% ▲	2 Weeks
5.7665 23 Oct 2021	0.4% ▲	90 Days
5.8604 21 Jan 2021	1.2% ▼	1 Year
5.4603 22 Jan 2017	6% ▲	5 Years
6.1108 24 Jan 2012	5.2% ▼	10 Years
4.2541 26 Jan 2002	36.1% ▲	20 Years

SGD/HKD change over periods to 21-Jan-2022

HKD experienced an overall downward turn against the USD in September but traded strongly against other majors due to a market risk-off sentiment which pushed the USD upwards.

Key events to watch for HKD in October will be US employment data, the unfolding of the Evergrande Group Debt crisis, and the recovery of the crypto sector.

HKD Outlook

We can expect a volatile outlook for SGD against major currencies in October as Singapore’s Central Bank, the MAS, is expected to release their policy statement with views on the trajectory of the SGD.

SGD could trade against the USD between 1.35 – 1.39 SGD for the month of October.

SGD Outlook

90-DAY▲HIGH

SGD to HKD - Compare & Save

The below comparison table makes it easy to calculate the Total Cost you are being charged and the possible savings of using different FX providers.

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Provider	Amounts	Rate	Cost

Exchange rates available for foreign transfers and currency exchange always contain either a rate margin from the Latest SGD to HKD Exchange Rate (shown above) or a transaction fee and often both!

How to get a good SGD to HKD Exchange Rate

There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

Reduce Excessive costs and fees

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).

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

You can also read our practical guide to getting the Best Deals for your Foreign Transfers and Travel Money to Hong Kong.

Will the Singapore dollar rise against the Hong Kong dollar?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add SGD/HKD to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

Rate Tracker

Rather than requiring you to set a target rate, our FX Alerts work differently.

Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP▲ DOWN▼ HIGH▲ LOW▼ alerts over a range of periods over the recent 90 days.