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USD/HKD - Convert Compare Save

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.

 

This resource page for the United States Dollar to Hong Kong Dollar exchange rate, has news, forecasts and USD to HKD comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

USD/HKD Exchange Rates - How to Compare & Save

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($)Exchange RateFee USDTotal CostDeal Links
OFX logo
77,192 HKD
Best Overall
7.71920^1.41%
Wells Fargo Bank logo
75,588 HKD
1,604 HKD
7.5724183.45%
HSBC logo
75,533 HKD
1,659 HKD
7.5646$153.53%
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
75,072 HKD
2,120 HKD
7.5511154.11%
Bank of America International Money Transfers
Bank of America logo
74,584 HKD
2,608 HKD
7.5337$1004.74%
U.S. Bank International Money Transfers
U.S. Bank logo
74,584 HKD
2,608 HKD
7.5337$1004.74%
 
OFX: Foreign Transfer USD→HKD
USD amount:$10,000 USD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:7.7192 (1.41% from mid-rate)
HKD amount:77,192 HKD
Total Cost:1.41%
Time:
Rate Fetched: Mon Jun 17 2019 04:02:37 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

Wells Fargo Bank logoWells Fargo Bank

Wells Fargo Bank: Foreign Transfer USD→HKD
USD amount:$10,000 USD
Fee:18
Exchange Rate:7.5724 (3.28% from mid-rate)
HKD amount:75,588 HKD
Total Cost:3.45%
Difference:
1,604 HKD less than using OFX
Time:6:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer USD→HKD
USD amount:$10,000 USD
Fee:$15 USD (.15%)
Exchange Rate:7.5646 (3.38% from mid-rate)
HKD amount:75,533 HKD
Total Cost:3.53%
Difference:
1,659 HKD less than using OFX
Time:6:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer USD→HKD
USD amount:$10,000 USD
Fee:15
Exchange Rate:7.5183 (3.97% from mid-rate)
HKD amount:75,072 HKD
Total Cost:4.11%
Difference:
2,120 HKD less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Bank of America logoBank of America

Bank of America: Foreign Transfer USD→HKD
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:7.5337 (3.78% from mid-rate)
HKD amount:74,584 HKD
Total Cost:4.74%
Difference:
2,608 HKD less than using OFX
Time:6:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

U.S. Bank logoU.S. Bank

U.S. Bank: Foreign Transfer USD→HKD
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:7.5337 (3.78% from mid-rate)
HKD amount:74,584 HKD
Total Cost:4.74%
Difference:
2,608 HKD less than using OFX
Time:6:05 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 06/17/2019 - 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($)Exchange RateFee USDTotal CostDeal Links
U.S. Bank Foreign Currency
U.S. Bank logo
7,328.6 HKD
Compare
7.328606.4%
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
7,255 HKD
74 HKD
7.3286$107.33%
Wells Fargo Bank logo
7,182.03 HKD
147 HKD
7.3286$208.27%
Travelex Online US logo
6,999.9 HKD
329 HKD
6.99990^10.59%
 

U.S. Bank logoU.S. Bank

U.S. Bank: Travel Money USD→HKD
USD amount:$1,000 USD
Fee:0
Exchange Rate:7.3286 (6.4% from mid-rate)
HKD amount:7,328.6 HKD
Total Cost:6.4%
Time:6:06 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money USD→HKD
USD amount:$1,000 USD
Fee:$10 USD (1%)
Exchange Rate:6.8506 (12.5% from mid-rate)
HKD amount:7,255 HKD
Total Cost:7.33%
Currency Services:Branch
Delivery/Collect:-
 

Wells Fargo Bank logoWells Fargo Bank

Wells Fargo Bank: Travel Money USD→HKD
USD amount:$1,000 USD
Fee:$20 USD (Minimum fee)
Exchange Rate:7.3286 (6.4% from mid-rate)
HKD amount:7,182.03 HKD
Total Cost:8.27%
Time:6:06 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
Travelex Online US: Travel Money USD→HKD
USD amount:$1,000 USD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:6.9999 (10.59% from mid-rate)
HKD amount:6,999.9 HKD
Total Cost:10.59%
Time:
Rate Fetched: Mon Jun 17 2019 04:00:04 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Snapshot 06/17/2019 - See full table

USD to HKD interbank exchange rate = 7.8297

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on USD/HKD exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

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. After grim employment data on June-7, the Dollar Index was up 0.5 percent on the year (it had fallen 2 percent from May’s 2-year high).

As in other parts of the world, interest rate cuts are now expected in the US following a drastic shift in economic forecasts. At least two Fed cuts are expected this year, with the first most likely to come in July.

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

Read more in the article USD Forecasts.

 

Hong Kong Dollar (HKD)

The Hong Kong dollar has gained value in 2019 despite a 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