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Compare USD to HKD foreign transfers

Use our comparison table to find the best exchange rates for Hong Kong Dollar foreign transfers versus the Banks.

When you are thinking about sending money abroad, an international money transfer provider is a great option. They can help you with the whole process, provide useful online tools and most importantly bank-beating exchange rates and low or zero fees.

 
 

Compare Best Exchange Rates for:

   
$USD
$HKD

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Foreign Transfer Providers
Ratings & Reviews
Receive HKD($)Exchange RateFee USDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
OFX logo
77,326 HKD
Best Overall
7.73260^1.41%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
 
TransferWise logo
77,957 HKD
631 HKD
7.8357$510.61%Bank Transfers - Online, Foreign Currency Accounts1-2 days
Wells Fargo Bank logo
75,718 HKD
1,608 HKD
7.5855183.46%Online, Branch, Bank Transfers2-3 days
HSBC logo
75,664 HKD
1,662 HKD
7.5778$153.53%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
75,202 HKD
2,124 HKD
7.5642154.12%Online, Branch, Bank Transfers2-3 days
Bank of America International Money Transfers
Bank of America logo
74,713 HKD
2,613 HKD
7.5468$1004.75%Online, Branch, Bank Transfers2-3 days
U.S. Bank International Money Transfers
U.S. Bank logo
74,713 HKD
2,613 HKD
7.5468$1004.75%Online, Branch, Bank Transfers2-3 days
 
OFX: Foreign Transfer USD→HKD
USD amount:$10,000 USD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:7.7326 (1.41% from mid-rate)
HKD amount:77,326 HKD
Total Cost:1.41%
Time:
Rate Fetched: Tue Apr 23 2019 16:02:38 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
TransferWise: Foreign Transfer USD→HKD
USD amount:$10,000 USD
Fee:$51 USD (0.5% + $1)
Exchange Rate:7.8357 (0.1% from mid-rate)
HKD amount:77,957 HKD
Total Cost:0.61%
Difference:
631 HKD more than using OFX
Time:18:00 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 

Wells Fargo Bank logoWells Fargo Bank

Wells Fargo Bank: Foreign Transfer USD→HKD
USD amount:$10,000 USD
Fee:18
Exchange Rate:7.5855 (3.29% from mid-rate)
HKD amount:75,718 HKD
Total Cost:3.46%
Difference:
1,608 HKD less than using OFX
Time:18:00 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:7.5778 (3.39% from mid-rate)
HKD amount:75,664 HKD
Total Cost:3.53%
Difference:
1,662 HKD less than using OFX
Time:18:00 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:7.5313 (3.98% from mid-rate)
HKD amount:75,202 HKD
Total Cost:4.12%
Difference:
2,124 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:7.5468 (3.78% from mid-rate)
HKD amount:74,713 HKD
Total Cost:4.75%
Difference:
2,613 HKD less than using OFX
Time:18:00 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:7.5468 (3.78% from mid-rate)
HKD amount:74,713 HKD
Total Cost:4.75%
Difference:
2,613 HKD less than using OFX
Time:18:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
3 Month Chart
Loading AUDUSD rates

This is a chart showing the change in the USD-HKD mid-market exchange rate over the last week. The Total Cost of each foreign transfer in the above table is calculated as the sum of all fees and the exchange rate margin, which is the difference between the provider's exchange rate and the mid-market USD-HKD exchange rate.

Currency news and forecasts for United States 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 must always be quoted in comparison to a second currency.

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

United States Dollar (USD) - Market news and forecasts

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.

Hong Kong Dollar (HKD) - Market news and forecasts

On balance, the Hong Kong dollar strengthened steadily in the February-April period. By recent standards, it was particularly strong against the euro at rates near HK$8.825. It was near the weaker boundary of its US dollar trading range, at HK$7.844. Against a basket of currencies, the US dollar was up 1.5 percent on the year by April-22, implying the same year-to-date gain for HKD.

HKD’s strength comes in spite of this year’s dovish turn by the US Federal Reserve, whose actions Hong Kong’s central bank must follow. The Fed has ditched two interest rate hikes from its 2019 projections, but fortunately for holders of HKD, the rest of the world has problems too and other important central banks have also turned dovish, removing much of the incentive for selling HKD.

Based on USD research, a Bloomberg analyst warned in April of potential for a large upcoming move in HKD, up or down. Over the past quarter-century, three deep troughs in a prominent volatility index were followed by USD moves over 6-month periods worth 10-15 percent. The index in question fell in the second half of April to a 5-year low.