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’.
USD to HKD Market Data
US dollar (USD) to Hong Kong dollar (HKD) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the USD 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 US dollar against the Hong Kong dollar is to review how the USD/HKD rate has changed over time.
The table below shows the percentage change in the USD to HKD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Hong Kong dollar across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
The standard OFX USD-HKD rate is 7.7063, -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
US dollar (USD) to Hong Kong dollar (HKD) rates from different sources before making a conversion.
The above
Dollar 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 USD-HKD mid-rate and the possible savings of using various providers.
How do USD-HKD rates compare between providers?
Looking at the
full comparison table
the best USD to HKD exchange rate is 7.8104 from OFX, -0.5% from the mid-market rate 7.8496. The next best rate is 7.8025 from XE, -0.6% from the mid-rate. Then Wise with 7.7986 is -0.65% from the mid-rate.
The Western Union rate is 7.7711 which is -1% from the mid-rate.
Among the banks the Chase Bank rate is 7.2746 at -7.3% the Wells Fargo Bank rate is 7.2275 at -7.9% and the Citibank rate is 7.5886 at -3.3% compared to the mid-rate 7.8496.
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.
Recent forecasts for the USD to HKD exchange rate reflect a challenging environment for the US dollar, influenced by disappointing inflation data and speculation...