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    Best HKD to PHP Exchange Rates Compared Live

    The live mid-rate HKD to PHP exchange rate is 7.4748. Compare currency conversion rates - Reduce FX costs.

    HKD-PHP Search & Compare
     
     

    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 7.4374 from OFX . This is -0.5% compared to the mid-market rate 7.4748.

    The standard OFX HKD-PHP rate is 7.1734, -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 7.4374 from OFX, -0.5% from the mid-market rate 7.4748. The next best rate is 7.43 from XE, -0.6% from the mid-rate. WorldRemit with 7.415 is -0.8% from the mid-rate.

    The Western Union rate is which is - 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.

     
    1 HKD =
    7.4748We compare provider deals to this wholesale mid-market rate. Read more
    PHP
    ▼-0.3%
    HKD to PHP at 7.4805 is 1.2% above its 3-month average of 7.3914, having traded in a relatively stable 6.3% range from 7.1288 to 7.5781
    |
    Sell HKD   →   Buy PHP
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      1 PHP = 0.1338 HKD
    DateHKD/PHPPeriod
    16 Nov 2024
    7.5453
    		2 Week
    01 Sep 2024
    7.2104
    		3 Month
    01 Dec 2023
    7.0852
    		1 Year
    02 Dec 2019
    6.5247
    		5 Year
    03 Dec 2014
    5.7643
    		10 Year
    05 Dec 2004
    7.2050
    		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 ₱ 7.4748
    HK$ 5 ₱ 37.37
    HK$ 10 ₱ 74.75
    HK$ 20 ₱ 149.50
    HK$ 50 ₱ 373.74
    HK$ 100 ₱ 747.48
    HK$ 250 ₱ 1,869
    HK$ 500 ₱ 3,737
    HK$ 1,000 ₱ 7,475
    HK$ 2,000 ₱ 14,950
    HK$ 5,000 ₱ 37,374
    HK$ 10,000 ₱ 74,748
    HK$ 20,000 ₱ 149,496
    HK$ 50,000 ₱ 373,740
    HK$ 100,000 ₱ 747,480
    HKD PHP
    HK$ 0.1338 ₱ 1
    HK$ 0.6690 ₱ 5
    HK$ 1.3380 ₱ 10
    HK$ 2.6760 ₱ 20
    HK$ 6.6900 ₱ 50
    HK$ 13.38 ₱ 100
    HK$ 33.45 ₱ 250
    HK$ 66.90 ₱ 500
    HK$ 133.80 ₱ 1,000
    HK$ 267.60 ₱ 2,000
    HK$ 669.00 ₱ 5,000
    HK$ 1,338 ₱ 10,000
    HK$ 2,676 ₱ 20,000
    HK$ 6,690 ₱ 50,000
    HK$ 13,380 ₱ 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 outlook for the Hong Kong dollar (HKD) against the Philippine peso (PHP) presents a mixed picture, as highlighted by recent analyst forecasts and market updates. In October, the HKD remained resilient amid ongoing uncertainty regarding US interest rates, while the local government's initiatives aimed at bolstering Hong Kong's financial position are expected to provide some short-term support. However, with a slow economic recovery and an incomplete rebound in the labor market, many economists caution that significant growth in domestic demand may take longer to materialize, further influencing the HKD's trajectory against the PHP.

    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, living and doing business in Philippines 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

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

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    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.

     
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    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.

    Read more at our Philippines (PHP) country guide

       
     
     
     

    Related exchange rates

    HKD/USD
    0.1285
    —
    HKDUSD 90 day chart
    PHP/HKD
    0.1338
    ▲+0.3%
    PHPHKD 90 day chart
    EUR/HKD
    8.1846
    —
    EURHKD 90 day chart
    HKD/GBP
    0.1012
    ▼-0.2%
    HKDGBP 90 day chart
    HKD/INR
    10.89
    —
    90d-highs
    HKDINR 90 day chart

    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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