Scotiabank AUD to HKD Exchange Rates & Currency Deals
AUD-HKD Rate Calculator
Understanding the Table:
The comparison table above helps you see the total cost of your Scotiabank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
AUD to HKD Market Data
Australian dollar (AUD) to Hong Kong dollar (HKD) market data - latest interbank exchange rate, trend, chart & historic rates.
AUD to HKD is at 90-day highs near 5.4905, 6.1% above its 3-month average of 5.1703, having traded in a fairly volatile 9.4% range from 5.0168 to 5.4905
AUD/HKD Outlook: Likely to increase, as the rate is significantly above its recent average and near recent highs, benefitting from favorable Australian economic signals.
AUD/USD Outlook: Likely to increase, as the rate is significantly above its recent average and near recent highs, supported by strong inflation expectations in Australia.
USD/HKD Outlook: The outlook is slightly positive, but likely to move sideways since the rate is just above the recent average and near recent highs without a clear driver.
AUD/HKD Outlook: Expected to rise as it remains above recent averages, boosted by strong Aus economic signals. Key drivers: • RBA likely to hike rates vs. HKMA's low rates • Rising oil prices support AUD • Key inflation data could prompt RBA to act. Range: AUD/HKD may test recent highs. What could change it: • Upside risk: Surprising inflation spike. • Downside risk: Drop in global demand for Aus exports. #Forex #AUDHKD
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AUD to HKD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Australian dollar are worth in Hong Kong dollar across a range of amounts.
This gives a quick view of what you’d get when converting different AUD amounts at today’s rate * :
What is the
best Send Money conversion rate for AUD to HKD?
The best AUD to HKD exchange rate is 5.4738 from OFX . This is -0.5% compared to the mid-market rate 5.5014.
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
Scotiabank - Aussie to Hong Kong dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Scotiabank and other foreign exchange providers against the latest AUD-HKD mid-rate and the possible savings of using various providers.
How do Scotiabank AUD-HKD rates compare between providers?
Looking at the full
AUD to HKD - Send Money comparison table the provider with the best AUD to HKD exchange rate is OFX at 5.4738, -0.5% from the latest mid-market rate 5.5014.
The next best is Wise at 5.4738, -0.5% from the mid-rate.
Then XE at 5.4683, which is -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Scotiabank 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.