The comparison table above helps you see the total cost of your 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’.
CAD to HKD Market Data
Canadian dollar (CAD) to Hong Kong dollar (HKD) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias: CAD/HKD is range-bound, near its 90-day average and within the recent 3-month range.
Key drivers:
- Rate gap from BoC's interest rate cut widening against U.S. rates.
- Oil prices above their 3-month average, potentially supporting CAD.
- Strong IPO market in HK increasing demand for HKD.
Range: CAD/HKD expected to hold steady within its current range amid domestic and global pressures.
What could change it:
- Upside risk: Significant rise in oil prices strengthening CAD.
- Downside risk: Rising Canadian unemployment weakening CAD.
CAD/HKD is range-bound near its average as the BoC cuts rates, widening gaps with U.S. rates. Oil prices may support the CAD, while HK's appealing IPO market boosts HKD. Expect stability, but watch for rising oil or unemployment shifts
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CAD 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 Canadian 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 CAD amounts at today’s rate * :
What is the
best Send Money conversion rate for CAD to HKD?
The best CAD to HKD exchange rate is 5.5717 from OFX . This is -0.5% compared to the mid-market rate 5.5997.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Canadian dollar (CAD) to Hong Kong dollar (HKD) rates from different sources before making a conversion.
The above
Loonie to Hong Kong dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest CAD-HKD mid-rate and the possible savings of using various providers.
How do CAD-HKD rates compare between providers?
Looking at the full
CAD to HKD - Send Money comparison table the provider with the best CAD to HKD exchange rate is OFX at 5.5717, -0.5% from the latest mid-market rate 5.5997.
The next best is XE at 5.5661, -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers 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.