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’.
GBP to HKD Market Data
British pound (GBP) to Hong Kong dollar (HKD) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the GBP to HKD Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the British pound against the Hong Kong dollar is to review how the GBP/HKD rate has changed over time.
The table below shows the percentage change in the GBP to HKD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Current market bias: Bullish.
Key drivers:
- Interest rate differential: The Bank of England (BoE) is seen to cut rates more slowly compared to the Federal Reserve, strengthening the pound.
- Macroeconomic factor: Improved UK retail sales figures and stable inflation are supporting the currency's strength.
Near-term range: GBP to HKD expected to trade at recent highs, with a stable pattern observed over the past three months.
What could change it: Upside risk could stem from stronger-than-expected UK economic growth, while downside risk may arise from renewed fiscal issues in the UK leading to quicker rate cuts.
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GBP to HKD is bullish as the Bank of England signals slower rate cuts than the Fed. Better UK retail sales and stable inflation support this trend. Risks ahead include stronger growth boosting GBP or fiscal concerns prompting quicker rate cuts
@bestfxrates
GBP to HKD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in Hong Kong dollar across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
What is the
best Send Money conversion rate for GBP to HKD?
The best GBP to HKD exchange rate is 10.46 from Wise. This is -0.48% compared to the mid-market rate 10.51.
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
Sterling 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 GBP-HKD mid-rate and the possible savings of using various providers.
How do GBP-HKD rates compare between providers?
Looking at the full
GBP to HKD - Send Money comparison table the provider with the best GBP to HKD exchange rate is Wise at 10.46, -0.48% from the latest mid-market rate 10.51.
The next best is OFX at 10.45, -0.57% from the mid-rate.
Then XE at 10.44, which is -0.67% 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.