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USD to HKD - Rate Guide

United States Dollar to Hong Kong Dollar exchange rates aren't all the same.

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

 

USD/HKD update & alerts

1 USD = 7.8255 HKD

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USD to HKD - Trading Range (90 Day)
14-DAY HIGH (1d)
USD/HKD 90-DAY TREND: At 7.8282 USD to HKD is trading near the average 7.8346 with a range 7.8189 to 7.8455. There are no current alerts.
09 Dec, 2019 16:01-EST 21:01-GMT 08:01-AEDT(+1D)

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USD/HKD Exchange Rates and Providers Compared

This guide to the United States Dollar to Hong Kong Dollar exchange rate with 90-day chart & alerts, historic rates, forecasts and USD 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 USD/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 USD/HKD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

USD to HKD International Money Transfers

  

Foreign Transfer ProvidersReceive HKD(HK$)Exchange RateFee USDTotal CostDeal Links
OFX logo
HK$76,737
Best Overall
7.67370^1.96%
XE logo
HK$77,297
HK$560 more
7.729701.25%
Wells Fargo Bank logo
HK$75,067
HK$1,670 less
7.5202184.1%
HSBC logo
HK$75,013
HK$1,724 less
7.5126U$154.17%
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
HK$74,556
HK$2,181 less
7.4992154.75%
Bank of America International Money Transfers
Bank of America logo
HK$74,071
HK$2,666 less
7.4819U$1005.37%
U.S. Bank International Money Transfers
U.S. Bank logo
HK$74,071
HK$2,666 less
7.4819U$1005.37%
 
OFX logo
OFX: Foreign Transfer USD→HKD
From Amount (USD)U$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:7.6737 (1.96% from mid-rate)
To Amount (HKD) HK$76,737
Total Cost:1.96%
Time:
Rate Fetched: Tue Dec 10 2019 06:02:39 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
XE logo
XE: Foreign Transfer USD→HKD
From Amount (USD)U$10,000
Fee:
Exchange Rate:7.7297 (1.25% from mid-rate)
To Amount (HKD) HK$77,297
Total Cost:1.25%
Difference:
HK$560 HKD more than using OFX
Time:6:03 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 
Wells Fargo Bank logo
Wells Fargo Bank: Foreign Transfer USD→HKD
From Amount (USD)U$10,000
Fee:18
Exchange Rate:7.5202 (3.93% from mid-rate)
To Amount (HKD) HK$75,067
Total Cost:4.1%
Difference:
HK$1,670 HKD less than using OFX
Time:6:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer USD→HKD
From Amount (USD)U$10,000
Fee:U$15 USD (.15%)
Exchange Rate:7.5126 (4.02% from mid-rate)
To Amount (HKD) HK$75,013
Total Cost:4.17%
Difference:
HK$1,724 HKD less than using OFX
Time:6:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer USD→HKD
From Amount (USD)U$10,000
Fee:15
Exchange Rate:7.4665 (4.61% from mid-rate)
To Amount (HKD) HK$74,556
Total Cost:4.75%
Difference:
HK$2,181 HKD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Bank of America logo
Bank of America: Foreign Transfer USD→HKD
From Amount (USD)U$10,000
Fee:U$100 USD (1%)
Exchange Rate:7.4819 (4.42% from mid-rate)
To Amount (HKD) HK$74,071
Total Cost:5.37%
Difference:
HK$2,666 HKD less than using OFX
Time:6:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
U.S. Bank logo
U.S. Bank: Foreign Transfer USD→HKD
From Amount (USD)U$10,000
Fee:U$100 USD (1%)
Exchange Rate:7.4819 (4.42% from mid-rate)
To Amount (HKD) HK$74,071
Total Cost:5.37%
Difference:
HK$2,666 HKD less than using OFX
Time:6:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 12/10/2019 - See full table

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 ProvidersAmount HKD(HK$)Exchange RateFee USDTotal CostDeal Links
Travelex Online US logo
HK$7,000.6
Best Overall
7.00060^10.56%
U.S. Bank Foreign Currency
U.S. Bank logo
HK$6,790.6
HK$210 less
6.7906013.25%
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
HK$6,723
HK$278 less
6.7906U$1014.11%
Wells Fargo Bank logo
HK$6,654.79
HK$346 less
6.7906U$2014.98%
 
Travelex Online US logo
Travelex Online US: Travel Money USD→HKD
From Amount (USD)U$1,000
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:7.0006 (10.56% from mid-rate)
To Amount (HKD) HK$7,000.6
Total Cost:10.56%
Time:
Rate Fetched: Tue Dec 10 2019 06:00:04 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
U.S. Bank logo
U.S. Bank: Travel Money USD→HKD
From Amount (USD)U$1,000
Fee:0
Exchange Rate:6.7906 (13.25% from mid-rate)
To Amount (HKD) HK$6,790.6
Total Cost:13.25%
Time:6:03 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Travel Money USD→HKD
From Amount (USD)U$1,000
Fee:U$10 USD (1%)
Exchange Rate:6.8491 (12.5% from mid-rate)
To Amount (HKD) HK$6,723
Total Cost:14.11%
Currency Services:Branch
Delivery/Collect:-
 
Wells Fargo Bank logo
Wells Fargo Bank: Travel Money USD→HKD
From Amount (USD)U$1,000
Fee:U$20 USD (Minimum fee)
Exchange Rate:6.7906 (13.25% from mid-rate)
To Amount (HKD) HK$6,654.79
Total Cost:14.98%
Time:6:03 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 12/10/2019 - See full table

USD and HKD in the Markets

When determining the best time to make a foreign exchange transaction, in this case the USD vs HKD, you should pay attention to the recent market trends for both currencies.

United States Dollar (USD)

The US dollar has held its value this year despite a serious escalation in US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others.

At its October meeting the Federal Reserve cut the target range for the federal funds rate to 1.5-1.75 percent, the third rate cut so far this year, amid soft inflation indicators and general worries about the economy. However the central bank also signaled a pause in the easing cycle.

Taking the blame for the economic downturn is US President Donald Trump, whose trade war policies have set a ball rolling that could wipe $455bn from global output according to the IMF.

For more USD bank forecasts and cross-rate trends read the report USD trends and forecasts.

Read more in the article USD 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 USD/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 USD / 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.

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 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 USD Exchange Rates