Bank of America USD50,000 to HKD Travel Money Exchange Rates - Compare & Save

Bank of America at a glance

Bank of America (BOA) is the second-largest consumer bank in the USA after Chase Bank and serves about millions of consumers and small business clients worldwide from its headquarters in Charlotte, North Carolina.

Bank of America is one of the Big Four US banks and holds over 10% of all American bank deposits, in direct competition with JPMorgan Chase Bank, Citigroup, and Wells Fargo.

Cross-border wires with Bank of America

BOA offers international money transfer services that allow customers to send and receive funds from abroad. Customers can initiate a money transfer online or in person at a branch. BOA provides fast and secure international money transfer services however the exchange rates offered for international money transfer services are not the best on the market.

Sending or receiving international transfers to or from your Bank of America bank account will include a margin rate of between 4% to 8% – this is much higher than most money transfer broker rates (which are normally 0.5 to 1.5%).

The BOA app and website allow you to check the FX rate prior to scheduling an international wire. So you can check the rate and compare to the best rates from our BER partner brokers to check for a better deal.

Pay by Bank

Bank of America participates in Pay by Bank, a product that allows mobile uses to buy products online and pay directly from their bank account service in a foreign currency, Pay by Bank does not require a card or card data.

CashPro for Corporates

For businesses making international payments BOA provide the CashPro Platform.

BOA is improving the CashPro API to allow merchants to process payments in an increasing number of different countries. It will connect to seven real-time payment schemes; transfer apps including Zelle in the U.S. and Pix in Brazil; and cross-border wires.

USD to HKD Market Data

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

Sell USD → Buy HKD

1 USD = HKD

▲+0.1%

90d-highs

USD to HKD is at 90-day highs near 7.8074, just above its 3-month average, having traded in a stable 0.7% range from 7.7500 to 7.8074

14-MAY 8PM-NY 15-MAY 1AM-LON 8AM-HK 10AM-SYD

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1 HKD = 0.1280 USD

Date	USD/HKD	Change	Period
01 May 2025	7.7570	0.7% ▲	2 Week
14 Feb 2025	7.7846	0.3% ▲	3 Month
15 May 2024	7.8078	0% ▲	1 Year
16 May 2020	7.7510	0.7% ▲	5 Year
18 May 2015	7.7509	0.7% ▲	10 Year
20 May 2005	7.7908	0.2% ▲	20 Year

USD/HKD historic rates & change to 15-May-2025

What are equivalent amounts of USD and HKD?

Here are some popular conversion amounts for USD to HKD (US dollar to Hong Kong dollar)*.

USD	HKD
$ 1	HK$ 7.8099
$ 5	HK$ 39.05
$ 10	HK$ 78.10
$ 20	HK$ 156.20
$ 50	HK$ 390.50
$ 100	HK$ 780.99
$ 250	HK$ 1,952
$ 500	HK$ 3,905
$ 1,000	HK$ 7,810
$ 2,000	HK$ 15,620
$ 5,000	HK$ 39,050
$ 10,000	HK$ 78,099
$ 20,000	HK$ 156,198
$ 50,000	HK$ 390,495
$ 100,000	HK$ 780,990

USD	HKD
$ 0.1280	HK$ 1
$ 0.6400	HK$ 5
$ 1.2800	HK$ 10
$ 2.5600	HK$ 20
$ 6.4000	HK$ 50
$ 12.80	HK$ 100
$ 32.00	HK$ 250
$ 64.00	HK$ 500
$ 128.00	HK$ 1,000
$ 256.00	HK$ 2,000
$ 640.00	HK$ 5,000
$ 1,280	HK$ 10,000
$ 2,560	HK$ 20,000
$ 6,400	HK$ 50,000
$ 12,800	HK$ 100,000

More amounts

*Converted at the current USDHKD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

Forecasts for USD to HKD

15 MayThe USD to HKD exchange rate has seen notable fluctuations, with the US dollar continuing to face downward pressure following unexpectedly weak inflation data. Analysts suggest that this trend could be exacerbated by President Trump's critical stance towards the Federal Reserve and the possibility of further diminishing consumer spending, particularly in light of the anticipated retail sales figures. Trump's trade policies, including the imposition of tariffs on various countries, are raising concerns regarding the US dollar's strength, as investors speculate about a potential intentional weakening of the currency to support US economic interests.

Read our full review of recent USD to HKD forecasts.

How to get a good USD to HKD exchange rate

There are several ways to save on exchange rates when converting US dollar to Hong Kong dollar:

Shop around for the best USD/HKD exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
Timing is important: Keep an eye on the USD/HKD rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both USD and HKD at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Hong Kong dollar with US dollar, then it's better for the USD/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 in Hong Kong plus living and doing business 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.

Compare Rates

Will the US dollar rise against the Hong Kong dollar?

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 USD/HKD to your personalised Rate Tracker to track and benefit from currency movements.

Manage Tracker

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

Currency Country Guides

United States (USD)

Hong Kong (HKD)

How is the expat life in Hong Kong?

Expat life in Hong Kong can be both exciting and challenging. Hong Kong is a vibrant and fast-paced city with a rich culture, history, and a mix of modern and traditional influences. It is also a major financial and business hub in Asia.

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.

Hong Kong is also known for its excellent transportation system, making it easy to navigate and commute around the city.

However, the cost of living in Hong Kong is quite high, especially for housing. The city has some of the most expensive real estate in the world and finding affordable housing can be a challenge for expats.

The city is also known for its fast-paced lifestyle and high stress levels, which can be challenging for some people. The air pollution and noise pollution can also be an issue.

Additionally, Hong Kong has a high population density and the city can feel crowded and congested. Some expats may find the city to be quite crowded and busy, which can be overwhelming.

The political situation in Hong Kong

The political situation in Hong Kong has been uncertain in recent years, which can be a concern for some expats. Protests and unrest have been taking place, and travelers should be aware of the situation and take precautions.

Overall, expat life in Hong Kong can be a rich and fulfilling experience, but it also has its challenges. Expats should be prepared for the high cost of living, fast-paced lifestyle, and the potential for political unrest.

Read more at our Hong Kong (HKD) country guide