The Scotiabank CAD to HKD rate is 5.3735. This is -4.2% below the mid-rate. Compare Scotiabank currency conversion rates - Reduce FX costs.
The Scotiabank CAD to HKD exchange rate is 5.3735. This is -4.2% compared to the latest CAD-HKD mid-market rate 5.6089.
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.
Looking at our comparison table the best CAD to HKD exchange rate is 5.5809 from OFX, -0.5% from the mid-market rate 5.6089. The next best rate is 5.5753 from XE, -0.6% from the mid-rate. Then Wise with 5.5697 is -0.7% from the mid-rate.
The Western Union rate is 5.5529 which is -1% from the mid-rate.
Among the banks, the TD Bank rate is 5.6721 at 1.1%, the Scotiabank rate is 5.3735 at -4.2%, and the Royal Bank of Canada rate is 5.4555 at -2.7% compared to the mid-rate 5.6089.
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.
The table below shows Scotiabank Canadian dollar (CAD) Send Money exchange rates with the percentage of margin being charged from the current market mid-rate :
| Currency route | Mid market rate | Scotiabank Send Money Rate | Cost% |
|---|---|---|---|
| CAD - AUD | 1.1309 | 1.0845 | -4.1% |
| CAD - BBD | 1.4449 | 1.3620 | -5.7% |
| CAD - BMD | 0.7225 | 0.6804 | -5.8% |
| CAD - BSD | 0.7225 | 0.6804 | -5.8% |
| CAD - CHF | 0.5913 | 0.5681 | -3.9% |
| CAD - DKK | 4.7434 | 4.5517 | -4% |
| CAD - EUR | 0.6353 | 0.6085 | -4.2% |
| CAD - GBP | 0.5446 | 0.5218 | -4.2% |
| CAD - GYD | 151.47 | 143.00 | -5.6% |
| CAD - HKD | 5.6089 | 5.3735 | -4.2% |
| CAD - INR | 61.69 | 59.29 | -3.9% |
| CAD - JMD | 114.13 | 107.76 | -5.6% |
| CAD - JPY | 102.87 | 98.35 | -4.4% |
| CAD - KYD | 0.6017 | 0.5584 | -7.2% |
| CAD - MXN | 14.25 | 13.68 | -4% |
| CAD - NOK | 7.5661 | 7.2569 | -4.1% |
| CAD - NZD | 1.2094 | 1.1613 | -4% |
| CAD - SAR | 2.7107 | 2.5907 | -4.4% |
| CAD - SEK | 6.9505 | 6.6667 | -4.1% |
| CAD - SGD | 0.9470 | 0.9109 | -3.8% |
| CAD - TTD | 4.8994 | 4.6168 | -5.8% |
| CAD - USD | 0.7225 | 0.6975 | -3.5% |
| CAD - ZAR | 13.60 | 13.05 | -4% |
The Scotiabank Loonie to Hong Kong dollar comparison table above 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 CAD-HKD mid-rate (see Market Data below ) and the possible savings of using various providers.
Scotiabank is a Canadian multinational bank and a leading financial institution in North and South America. The bank offers a wide range of financial products and services to individuals, businesses, and institutions, including banking, investment, and insurance services.
One of the financial products offered by Scotiabank is wire transfers. Wire transfers are a secure and fast way to transfer funds between banks in different countries. With Scotiabank wire transfers, you can send money to over 100 countries in a variety of currencies.
When you get a quote for your Wire Transfer from Scotiabank on their website or in-app, you can also see the Scotiabank exchange rate, but it can be difficult to then calculate how much markup from the market rate you are being charged.
Our research shows that on average, Scotiabank profit margin for foreign exchange rates is somewhere between 3 - 8%, depending on the amount you're sending, where you're sending it to and which currency will be received.
While all banks in Canada charge this markup, the extra amount being charged is much higher than it would be with a global money transfer specialist.
Canadian dollar (CAD) to Hong Kong dollar (HKD) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | CAD/HKD | Change | Period |
|---|---|---|---|
04 Apr 2025 | 5.4642 | 2.6% ▲ | 2 Week |
18 Jan 2025 | 5.3764 | 4.3% ▲ | 3 Month |
18 Apr 2024 | 5.6871 | 1.4% ▼ | 1 Year |
19 Apr 2020 | 5.5160 | 1.7% ▲ | 5 Year |
21 Apr 2015 | 6.3207 | 11.3% ▼ | 10 Year |
23 Apr 2005 | 6.3110 | 11.1% ▼ | 20 Year |
Here are some popular conversion amounts for CAD to HKD (Canadian dollar to Hong Kong dollar)*.
| CAD | HKD |
|---|---|
| C$ 1,000 | HK$ 5,609 |
| C$ 5,000 | HK$ 28,045 |
| C$ 20,000 | HK$ 112,178 |
| C$ 100,000 | HK$ 560,890 |
| CAD | HKD |
|---|---|
| C$ 178.30 | HK$ 1,000 |
| C$ 891.50 | HK$ 5,000 |
| C$ 3,566 | HK$ 20,000 |
| C$ 17,830 | HK$ 100,000 |
More amounts
*Converted at the current CADHKD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Canadian dollar (CAD) has recently displayed resilience, showing strength against the Hong Kong dollar (HKD) even as oil prices fall to significant lows. This decoupling of the CAD from its traditional correlation with oil prices has surprised analysts, especially given that Canada is one of the world's largest oil exporters. With the CAD currently trading at 5.5909 HKD, it is 2.9% above its three-month average of 5.4346, and the recent trading range has remained stable with fluctuations from 5.3009 to 5.5951.
Read our full review of recent CAD to HKD forecasts.
There are several ways to save on exchange rates when converting Canadian dollar to Hong Kong dollar:
Generally speaking, if you are buying Hong Kong dollar with Canadian dollar, then it's better for the CAD/HKD exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).
The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
Read our Currency guide to Hong Kong — a practical currency and money guide to travel in Hong Kong plus living and doing business with the Hong Kong dollar.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add CAD/HKD to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| Canada (CAD) | Hong Kong (HKD) |
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One of the main benefits of expat life in Hong Kong is the high standard of living and the availability of amenities and services. The city has a wide range of international schools, hospitals and medical facilities, supermarkets, and other amenities catering to expats.
Read more at our Hong Kong (HKD) country guide
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Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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