Royal Bank of Canada CAD to HKD Exchange Rates & Currency Deals
CAD-HKD Rate Calculator
Understanding the Table:
The comparison table above helps you see the total cost of your Royal Bank of Canada 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’.
Royal Bank of Canada - CAD Rate Margin Analysis
The average CAD rate margin offered by Royal Bank of Canada is 2.6%.
This average is based on individual CAD 10K transfer rates in the currency pairs from Royal Bank of Canada that we monitor.
Royal Bank of Canada - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by Royal Bank of Canada for Canadian dollar (CAD 10K)
transactions. Margins show the percentage difference from the mid-market rate.
Royal Bank of Canada Best Value Rates (Lowest Margins)
CAD/USD Outlook: The outlook for CAD/USD is slightly positive, but likely to move sideways, as the rate is above its recent average but lacks a clear driver.
CAD/HKD Outlook: Slightly positive, likely to move sideways as rate is above recent avg but lacks clear drivers. Key drivers: - Stable BoC rates - Oil at 90-day highs - US trade tensions. Range: Expecting stability within recent limits. Risks: Surprise rate hike or trade improvement up, uncertainty down
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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
Royal Bank of Canada Send Money conversion rate for CAD to HKD?
The Royal Bank of Canada CAD to HKD exchange rate is 5.6013. This is -2.7% compared to the latest CAD-HKD mid-market rate 5.7558.
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
Royal Bank of Canada - Loonie to Hong Kong dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Royal Bank of Canada and other foreign exchange providers against the latest CAD-HKD mid-rate and the possible savings of using various providers.
How do Royal Bank of Canada 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 5.727, -0.5% from the latest mid-market rate 5.7558.
The next best is XE at 5.7212, -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Royal Bank of Canada 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.