What is the
best Send Money conversion rate for GBP to HKD?
The best GBP to HKD exchange rate is our partner deal rate of 10.61 from OFX . This is -0.47% compared to the mid-market rate 10.66.
The standard OFX GBP-HKD rate is 10.5003, -1.5% 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
British pound (GBP) to Hong Kong dollar (HKD) rates from different sources before making a conversion.
The above
Post Office - Sterling to Hong Kong dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Post Office and other foreign exchange providers against the latest GBP-HKD mid-rate and the possible savings of using various providers.
How do Post Office GBP-HKD rates compare between providers?
Looking at the
full comparison table
the best GBP to HKD exchange rate is 10.61 from OFX, -0.47% from the mid-market rate 10.66. The next best rate is 10.61 from Wise, -0.47% from the mid-rate. Then XE with 10.59 is -0.66% from the mid-rate.
The Western Union rate is 10.55 which is -1% from the mid-rate.
Among the banks the Lloyds Bank rate is 10.1 at -5.3% the Royal Bank of Scotland rate is 10.16 at -4.7% and the Barclays Bank rate is 10.28 at -3.6% compared to the mid-rate 10.66.
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 Post Office or platforms that offer rates closer to the mid-market rate.