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HKD to PHP 2026 Forecasts

Analysis of recent Hong Kong dollar → peso forecasts for 2026. We collate forecasts from respected FX analysts together with the latest Hong Kong dollar to Philippine peso performance and trends.

 

HKD/PHP Outlook:

Bearish, as the rate is below its recent average and near recent lows, weighed down by market expectations.

Key drivers:

  • Rate gap: The Hong Kong Monetary Authority's (HKMA) interventions to maintain the HKD peg to the US dollar are impacting its value against the PHP, which is facing pressure from potential rate cuts by the Bangko Sentral ng Pilipinas (BSP).
  • Risk/commodities: The ongoing fluctuations in the HKD are linked to global economic factors like US tariff announcements, while the PHP struggles amidst market concerns regarding economic performance and political issues.
  • One macro factor: Speculations around the BSP potentially cutting interest rates have contributed to the peso's recent all-time lows against the US dollar, which further affects its strength against HKD.

Range:

The HKD/PHP rate is likely to drift within its recent range, reflecting a lack of strong upward momentum.

What could change it:

  • Upside risk: A surprise increase in interest rates from the BSP could strengthen the PHP against the HKD.
  • Downside risk: Continued weakness in the PHP due to political instability or economic concerns could push the HKD/PHP rate lower.

HKD-PHP Rate Calculator

 
   
   
   
   
 
   
 
 

HKD to PHP Market Data

Hong Kong dollar (HKD) to Philippine peso (PHP) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell HKD   →   Buy PHP
1 HKD =
7.3997We compare provider deals to this wholesale mid-market rate. Read more
PHP
1d−0.4%
90dLows
HKD to PHP is at 90-day lows near 7.3997, 2.1% below its 3-month average of 7.5581, having traded in a very stable 3.2% range from 7.3997 to 7.6355
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Compare & Save - Hong Kong dollar to Philippine peso

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Hong Kong dollar (HKD) to Philippine peso (PHP) rates from different sources before making a conversion.

Use our HKD to PHP calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Hong Kong dollar to Peso currency rates and the possible savings of using various providers.

 
 

Will the Hong Kong dollar rise against the Philippine peso?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Hong Kong dollar vs Philippine peso current value is to look the HKD/PHP historic rate and change over a range of periods.

The following table looks at the change in the HKD to PHP exchange rate over periods from the previous week back to the last 10 years.

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

 

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