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Understanding the Table:
The comparison table above helps you see the total cost of your 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’.
Sending money to Hong Kong can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Hong Kong bank accounts or pay a Hong Kong dollar invoice.
Philippine peso (PHP) to Hong Kong dollar (HKD) market data - latest interbank exchange rate, trend, chart & historic rates.
HKD/PHP Outlook: Slightly weaker, but likely to move sideways, as the rate is near its 90-day average and lacks a clear driver.
PHP/USD Outlook: The outlook is likely to move sideways as the currency pair is near its recent average and mid-range despite a slight upward trend.
USD/HKD Outlook: The outlook is slightly positive, but likely to move sideways since the rate is just above the recent average and near recent highs without a clear driver.
To help you understand the real-world value of the current exchange rate, the table below shows how much Philippine peso are worth in Hong Kong dollar across a range of amounts.
This gives a quick view of what you’d get when converting different PHP amounts at today’s rate * :
| PHP | HKD |
|---|---|
| ₱ 7,561 | HK$ 1,000 |
| ₱ 37,803 | HK$ 5,000 |
| ₱ 151,210 | HK$ 20,000 |
| ₱ 756,050 | HK$ 100,000 |
More amounts
*Converted at the current PHP-HKD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best PHP to HKD exchange rate is 0.1315 from Wise. This is -0.6% compared to the mid-market rate 0.1323.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Philippine peso (PHP) to Hong Kong dollar (HKD) rates from different sources before making a conversion.
The above Peso to Hong Kong dollar comparison table 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 PHP-HKD mid-rate and the possible savings of using various providers.
Looking at the full PHP to HKD - Send Money comparison table the provider with the best PHP to HKD exchange rate is Wise at 0.1315, -0.6% from the latest mid-market rate 0.1323.
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.
View a full list of exchange rates by selecting your Base (from) currency:
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