Comparing SGD to HKD Exchange Rates
You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale SGD/HKD rate ( interbank mid-rate) plus any fixed or percentage fees.
These margins and fees can vary significantly for SGD to HKD International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the total cost will also vary depending on the total amount being exchanged.
Singapore Dollar to Hong Kong Dollar - Quick Conversions
|
SGD |
HKD |
| S$ 1 |
HK$ 5.8195 |
| S$ 5 |
HK$ 29.10 |
| S$ 10 |
HK$ 58.20 |
| S$ 20 |
HK$ 116.39 |
| S$ 50 |
HK$ 290.98 |
| S$ 100 |
HK$ 581.95 |
| S$ 250 |
HK$ 1,455 |
| S$ 500 |
HK$ 2,910 |
| S$ 1,000 |
HK$ 5,820 |
| S$ 2,000 |
HK$ 11,639 |
| S$ 5,000 |
HK$ 29,098 |
| S$ 10,000 |
HK$ 58,195 |
| S$ 50,000 |
HK$ 290,975 |
| S$ 100,000 |
HK$ 581,950 |
| More amounts |
Calculate other SGD/HKD amounts (from or to) at mid-market with our
SGD to HKD Calculator .
Singapore Dollar and Hong Kong Dollar - Market News
When determining the best time to make a foreign exchange transaction, in this case the SGD vs HKD, you should pay attention to the recent market trends for both currencies.
Singapore Dollar (SGD)
Overall, it was a poor to mixed 2020 for the Singapore dollar, with a 9 percent drop against the euro and 8 percent versus the Australian dollar, but small gains (2 percent) against the US dollar and steady to the pound.
Get more details in the article Singapore Dollar Forecasts.
Hong Kong Dollar (HKD)
The Hong Kong dollar has been pegged to the US dollar since 1983. Since 2005 the HKMA has kept the currency trading at a range between HK$ 7.75 and HK$7.85.
Get more details in the article Hong Kong Dollar Forecasts.
Country Guides - Hong Kong Dollar
How to get Good SGD to HKD Exchange Rates
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.
What is a good SGD to HKD exchange rate?
This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Singapore Dollar vs Hong Kong Dollar current value is to look the SGD/HKD historic rate and change over a range of periods.
The following table looks at the change in the SGD to HKD exchange rate over periods from the previous week back to the last 10 years.
| SGD/HKD | Change | Period |
|---|
| 5.8519 08 Jan 2021 | 0.4% â–¼ | 1 Week |
| 5.8329 16 Dec 2020 | 0.1% â–¼ | 30 Days |
| 5.7055 17 Oct 2020 | 2.2% â–² | 90 Days |
| 5.7712 16 Jan 2020 | 1% â–² | 1 Year |
| 5.4112 17 Jan 2016 | 7.7% â–² | 5 Years |
| 6.0610 18 Jan 2011 | 3.8% â–¼ | 10 Years |
SGD/HKD 10 year historic rates & change to 15-Jan-2021 : 5.8285
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.
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View My Alerts
Rather than requiring you to set a target rate, our FX Alerts work differently.
Once you add a currency pair to your watchlist we then start automatically checking the exchange rate for any HIGH or LOW event or significant UP or DOWN moves over a range of daily periods only as far back as 90 days.