Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

Best HKD to PHP Exchange Rates Compared Live

The live mid-rate HKD to PHP exchange rate is 7.0784. Compare currency conversion rates - Reduce FX costs.

HKD-PHP Rate Calculator

 

What is the best Send Money conversion rate for HKD to PHP?

The best HKD to PHP exchange rate is our partner deal rate of 7.043 from OFX . This is -0.5% compared to the mid-market rate 7.0784.

The standard OFX HKD-PHP rate is 6.7663, -4.4% from the mid-rate. Visit OFX here to secure the better rate.

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

How do HKD-PHP rates compare between providers?

Looking at our comparison table the best HKD to PHP exchange rate is 7.043 from OFX, -0.5% from the mid-market rate 7.0784. The next best rate is 7.0359 from XE, -0.6% from the mid-rate. Then WorldRemit with 7.0218 is -0.8% 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.

 

Compare Rates

 

The Hong Kong dollar to Peso comparison table above 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 HKD-PHP mid-rate (see Market Data below ) and the possible savings of using various providers. 

 
 
 

HKD to PHP Market Data

Hong Kong dollar (HKD) to Philippine peso (PHP) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell HKD   →   Buy PHP
1 HKD =
7.0784We compare provider deals to this wholesale mid-market rate. Read more
PHP
+0.3%
HKD to PHP at 7.0861 is 2.8% below its 3-month average of 7.2865, having traded in a quite stable 5.6% range from 7.0624 to 7.4572
|
Tracker

Manage Tracker   


DateHKD/PHPPeriod
10 May 2025
7.1188
2 Week
23 Feb 2025
7.4488
3 Month
24 May 2024
7.4516
1 Year
25 May 2020
6.5453
5 Year
27 May 2015
5.7682
10 Year
29 May 2005
6.9921
20 Year
HKD/PHP historic rates
 

What are equivalent amounts of HKD and PHP?

Here are some popular conversion amounts for HKD to PHP (Hong Kong dollar to Philippine peso)*.

HKD PHP
HK$ 1 7.0784
HK$ 5 35.39
HK$ 10 70.78
HK$ 20 141.57
HK$ 50 353.92
HK$ 100 707.84
HK$ 250 1,770
HK$ 500 3,539
HK$ 1,000 7,078
HK$ 2,000 14,157
HK$ 5,000 35,392
HK$ 10,000 70,784
HK$ 20,000 141,568
HK$ 50,000 353,920
HK$ 100,000 707,840
HKD PHP
HK$ 0.1413 ₱ 1
HK$ 0.7065 ₱ 5
HK$ 1.4130 ₱ 10
HK$ 2.8260 ₱ 20
HK$ 7.0650 ₱ 50
HK$ 14.13 ₱ 100
HK$ 35.33 ₱ 250
HK$ 70.65 ₱ 500
HK$ 141.30 ₱ 1,000
HK$ 282.60 ₱ 2,000
HK$ 706.50 ₱ 5,000
HK$ 1,413 ₱ 10,000
HK$ 2,826 ₱ 20,000
HK$ 7,065 ₱ 50,000
HK$ 14,130 ₱ 100,000

More amounts

*Converted at the current HKDPHP interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for HKD to PHP

 

The exchange rate outlook for the Hong Kong dollar (HKD) against the Philippine peso (PHP) appears mixed, influenced by both regional economic dynamics and external factors. Analysts note that the HKD has shown resilience in October, maintaining strength amid uncertainties surrounding US interest rates. While the inflation rate in Hong Kong has slightly eased and initiatives to enhance its financial status have been announced, economic recovery remains sluggish. Chief Executive John Lee's recent measures aim to solidify Hong Kong's position as a key international hub for finance and trade, yet broader improvements in local economic conditions will be crucial for sustained HKD strength.

Read our full review of recent HKD to PHP forecasts.

 
PHP and flag

How to get a good HKD to PHP exchange rate

There are several ways to save on exchange rates when converting Hong Kong dollar to Philippine peso:

  1. Shop around for the best HKD/PHP exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
  2. Timing is important: Keep an eye on the HKD/PHP rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
  3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
  4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both HKD and PHP at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
  5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Philippine peso with Hong Kong dollar, then it's better for the HKD/PHP 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 Philippines — a practical currency and money guide to travel in Philippines plus living and doing business with the Philippine peso.

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.

Multi-Vendor Quote

We can help you get an even better deal when sending a Large International Money Transfer.

Click below for the Request Quotes form and enter your transfer details (BER account required).

Request Quotes

Save time and money - fewer websites to visit and you get a much better exchange rate & service.

Compare Rates

Will the Hong Kong dollar rise against the Philippine peso?

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 HKD/PHP to your personalised Rate Tracker to track and benefit from currency movements.

 
Track Rate
 

Manage Tracker   

 

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

 
 

Currency Country Guides

Hong KongHong Kong (HKD)PhilippinesPhilippines (PHP)
 

What is the cost of living in Philippines?

The cost of living in Philippines is relatively low compared to other countries. Rent, food, and transportation are all relatively inexpensive.

How is the expat life in Philippines?

The expat life in Philippines can be quite comfortable. There is a wide variety of housing options available, from apartments to villas. Many expats live in gated communities with security guards. The cost of living is relatively low, and there are a number of good schools to choose from. English is widely spoken, which makes communication easy.

Any laws in Philippines that foreigners should be aware of?

There are many laws that foreigners should be aware of in the Philippines. Some of these laws include the following:

The foreigner must obtain a visa before entering the Philippines.

The foreigner must obtain a residence permit before living in the Philippines for more than three months.

The foreigner must obtain a work permit before working in the Philippines.

The foreigner must register with the Philippine Bureau of Immigration if he or she plans to stay in the Philippines for more than 60 days.

What is doing business like in Philippines?

In general, doing business in the Philippines is fairly easy. The country has a well-developed infrastructure and a relatively stable political environment. Businesses are generally free to operate without too much government interference. However, there are some bureaucratic procedures that can be time-consuming. Additionally, crime is a serious problem in the Philippines and businesses may be targets for theft or other crimes.

How is the economy in Philippines?

The Philippines has a mixed economy in which the government plays a regulatory role in ensuring that businesses operate fairly and equitably. The country is abundant in natural resources and labor, and its agricultural and manufacturing industries are growing. However, the Philippines faces challenges in terms of infrastructure, corruption, and poverty.

Read more at our Philippines (PHP) country guide

   
 
 
 

Related exchange rates


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

^ Scroll back up to ^

^