The live mid-rate SGD to HKD exchange rate is 5.7931. Compare currency conversion rates - Reduce FX costs.
The best SGD to HKD exchange rate is our partner deal rate of 5.7641 from OFX . This is -0.5% compared to the mid-market rate 5.7931.
The standard OFX SGD-HKD rate is 5.6865, -1.8% 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 Singapore dollar (SGD) to Hong Kong dollar (HKD) rates from different sources before making a conversion.
Looking at our comparison table the best SGD to HKD exchange rate is 5.7641 from OFX, -0.5% from the mid-market rate 5.7931. The next best rate is 5.7583 from XE, -0.6% from the mid-rate. Wise with 5.7583 is -0.6% from the mid-rate.
The Western Union rate is which is - from the mid-rate.
Among the banks, the CIMB Bank rate is 5.5764 at -3.7%, the OCBC Bank rate is 5.6367 at -2.7%, and the Maybank rate is 5.5903 at -3.5% 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.
The Singapore dollar to Hong Kong dollar 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 SGD-HKD mid-rate (see Market Data below ) and the possible savings of using various providers.
Singapore dollar (SGD) to Hong Kong dollar (HKD) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | SGD/HKD | Change | Period |
|---|---|---|---|
20 Nov 2024 | 5.7964 | 0.3% ▼ | 2 Week |
05 Sep 2024 | 5.9967 | 3.6% ▼ | 3 Month |
05 Dec 2023 | 5.8304 | 0.9% ▼ | 1 Year |
06 Dec 2019 | 5.7569 | 0.4% ▲ | 5 Year |
07 Dec 2014 | 5.8722 | 1.6% ▼ | 10 Year |
09 Dec 2004 | 4.7138 | 22.6% ▲ | 20 Year |
Here are some popular conversion amounts for SGD to HKD (Singapore dollar to Hong Kong dollar)*.
| SGD | HKD |
|---|---|
| S$ 1,000 | HK$ 5,793 |
| S$ 5,000 | HK$ 28,966 |
| S$ 20,000 | HK$ 115,862 |
| S$ 100,000 | HK$ 579,310 |
| SGD | HKD |
|---|---|
| S$ 172.60 | HK$ 1,000 |
| S$ 863.00 | HK$ 5,000 |
| S$ 3,452 | HK$ 20,000 |
| S$ 17,260 | HK$ 100,000 |
More amounts
*Converted at the current SGDHKD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The exchange rate forecast for the Singapore Dollar (SGD) to Hong Kong Dollar (HKD) reveals notable dynamics amidst evolving economic conditions. Recent market updates highlight that the SGD has depreciated against the USD, attributed to uncertainties surrounding US interest rates and the upcoming November elections, leading to diminished trader confidence. Nevertheless, the economic landscape in Singapore appears vibrant, with a 3.2% quarterly GDP growth in Q3 prompting a revision of 2024 growth forecasts upward to 3.5%. As FX analysts point out, the core factor impacting the SGD-HKD exchange rate will be the contrasting monetary policy outlooks of the Monetary Authority of Singapore (MAS) and the US Federal Reserve—particularly how traders interpret the MAS's hawkish stance amidst global financial uncertainties.
Read our full review of recent SGD to HKD forecasts.
There are several ways to save on exchange rates when converting Singapore dollar to Hong Kong dollar:
Generally speaking, if you are buying Hong Kong dollar with Singapore dollar, then it's better for the SGD/HKD 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 Hong Kong - a practical currency and money guide to travel, living and doing business in Hong Kong with the Hong Kong dollar.
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.
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 SGD/HKD to your personalised Rate Tracker to track and benefit from currency movements.
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
| Hong Kong (HKD) | Singapore (SGD) |
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One of the main benefits of expat life in Hong Kong is the high standard of living and the availability of amenities and services. The city has a wide range of international schools, hospitals and medical facilities, supermarkets, and other amenities catering to expats.
Read more at our Hong Kong (HKD) country guide
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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