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Understanding the Table:
The comparison table above helps you see the total cost of your OFX 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’.
The average HKD rate margin offered by OFX is 3.9%.
This average is based on individual HKD 10K transfer rates in the currency pairs from OFX that we monitor.
💡 It is important to note that these OFX rates are their public quoted rates and do not include our special BER/OFX deals rates which start at 0.5% for major currencies and improve for larger amounts. Please use our calculators to check these special rates and use our 'Visit OFX' links to secure these deals.
The tables below show the best and worst exchange rate margins offered by OFX for Hong Kong dollar (HKD 10K) transactions. Margins show the percentage difference from the mid-market rate.
Hong Kong dollar (HKD) to South Korean won (KRW) market data - latest interbank exchange rate, trend, chart & historic rates.
USD/KRW Outlook: Bearish, as the pair is below its recent average and near recent lows, pressured by various factors.
To help you understand the real-world value of the current exchange rate, the table below shows how much Hong Kong dollar are worth in South Korean won across a range of amounts.
This gives a quick view of what you’d get when converting different HKD amounts at today’s rate * :
| HKD | KRW |
|---|---|
| HK$ 1,000 | ₩ 183,940 |
| HK$ 5,000 | ₩ 919,700 |
| HK$ 20,000 | ₩ 3,678,800 |
| HK$ 100,000 | ₩ 18,394,000 |
More amounts
*Converted at the current HKD-KRW interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The OFX HKD to KRW exchange rate is 171.21. This is -6.9% compared to the latest HKD-KRW mid-market rate 183.94.
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 South Korean won (KRW) rates from different sources before making a conversion.
The above OFX - Hong Kong dollar to South Korean won comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by OFX and other foreign exchange providers against the latest HKD-KRW mid-rate and the possible savings of using various providers.
Looking at the full HKD to KRW - Send Money comparison table the provider with the best HKD to KRW exchange rate is XE at 182.84, -0.6% from the latest mid-market rate 183.94.
The next best is OFX at 171.21, -6.9% 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 like OFX or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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