ING Bank AUD to HKD Exchange Rates & Currency Deals

   

The AUD/HKD is trading around 5.0903, nearing a 14-day low, as global risk sentiment shifts to the USD. Experts note the AUD is influenced by domestic inflation rising to 3.0% and recent RBA rate cut easing expectations. HKD faces pressure post HKMA's rate cut, complicating the exchange outlook

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What is the ING Bank Send Money conversion rate for AUD to HKD?

The ING Bank AUD to HKD exchange rate is 4.8828. This is -4.1% compared to the latest AUD-HKD mid-market rate 5.0904.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Australian dollar (AUD) to Hong Kong dollar (HKD) rates from different sources before making a conversion.

The above ING Bank - Aussie to Hong Kong dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by ING Bank and other foreign exchange providers against the latest AUD-HKD mid-rate and the possible savings of using various providers. 

How do ING Bank AUD-HKD rates compare between providers?

The next best is XE at 5.0599, -0.6% from the mid-rate.

Then Wise at 5.0573, which is -0.65% from the mid-rate.

The Western Union rate is 5.0395 which is -1% from the mid-rate.

Among the banks the Commonwealth Bank rate is 4.8537 at -4.6% the ANZ Bank rate is 4.9180 at -3.4% and the ING Bank rate is 4.8828 at -4.1% compared to the mid-rate 5.0904.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like ING Bank often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.

 

Compare AUD to HKD Transfer Rates