Live Rate
Refreshing in: 60s | Mon, Aug 19, 05:24PM GMT
TorFX guarantees to match any competitor's exchange rate. Conditions apply.
Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.
The "Rate" and "Amount Received" displayed are indicative rates that have been supplied by each brand or gathered by Finder.
Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention "Finder" before you commit to a brand.
Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options. Our foreign exchange experts offer a best rate guarantee, are ASIC authorised and never charge transfer fees.
They can help you with all your needs including:
Australian dollar
| Currency: | Australian Dollar |
| Currency Symbol: | $ |
| Sub unit: | cents |
| Bank notes: | $5, $10, $20, $50, $100 |
| Coins: | 5c, 10c, 20c, 50c, $1, $2 |
Hong Kong dollar
| Currency: | Hong Kong Dollar |
| Currency Symbol: | $ |
| Sub unit: | cent |
| Sub unit symbol: | c |
| Bank notes: | $10, $20, $50, $100, $150, $500, $1,000 |
| Coins: | 10c, 20c, 50c, $1, $2, $5, $10 |
| Australian dollars (AUD) | Hong Kong dollars (HKD) |
|---|---|
| $1 | 0 |
| $100 | 0 |
| $500 | 0 |
| $1000 | 0 |
| $1500 | 0 |
| $2500 | 0 |
| $5000 | 0 |
These tips can help you find the best exchange rate for when you transfer your Australian dollars into Hong Kong dollars:
You may have noticed the actual exchange rate differs from the rate you get once you've exchanged the money.
For example, say today's quoted exchange rate is $1 to HKD$5.72. You go to an ATM in Kowloon and withdraw money using your Australian bank card. On the receipt, you see the exchange rate differs from the rate you see online. It's $1 to HKD$5.3827, meaning you're losing more money in the exchange than the first rate. There's also the bank's fee added on at the end, resulting in a smaller amount of HKD for you.
This is referred to as the "spread" or "margin" – the difference between the mid-market rate you see on Google or XE, and what you actually get when you transfer money. Some providers offer lower fees but weaker exchange rates, while others charge no fees but profit from the margin between its rate and the mid-market rate. It's important to keep an eye on both when deciding how to transfer your money.
Tips on how to save on currency exchange fees
While there's no guarantee when it comes to an exchange rate forecast, there are factors that can give you hints. Staying up to date with financial news, interest rate movements and import/export figures in both Australia and Hong Kong will help you gauge the strength and performance of each country’s economy.
Monitoring political developments can help; new governments could have new economic policies, while political unrest can devalue a currency. Reviewing the history of how AUD trades with HKD can also reveal patterns.
| Aug 2009 | Aug 2010 | Aug 2011 | Aug 2012 | Aug 2013 | Aug 2014 | Aug 2015 | Aug 2016 | Aug 2017 | Aug 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 AUD = | 6.3836 Inverse: 0.1567 | 6.9964 Inverse: 0.1429 | 8.1131 Inverse: 0.1233 | 8.0857 Inverse: 0.1237 | 7.1226 Inverse: 0.1404 | 7.2224 Inverse: 0.1385 | 5.7189 Inverse: 0.1749 | 5.9692 Inverse: 0.1675 | 6.2041 Inverse: 0.1612 | 5.6981 Inverse: 0.1755 |
| Oct 2018 | Nov 2018 | Dec 2018 | Jan 2019 | Feb 2019 | Mar 2019 | Apr 2019 | May 2019 | Jun 2019 | Jul 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 AUD = | 5.5622 Inverse: 0.1798 | 5.7300 Inverse: 0.1745 | 5.5668 Inverse: 0.1796 | 5.6222 Inverse: 0.1779 | 5.6255 Inverse: 0.1778 | 5.5577 Inverse: 0.1799 | 5.5957 Inverse: 0.1787 | 5.4149 Inverse: 0.1847 | 5.4276 Inverse: 0.1842 | 5.4526 Inverse: 0.1834 |
| Aug 09 | Aug 10 | Aug 11 | Aug 12 | Aug 13 | Aug 14 | Aug 15 | Aug 16 | Aug 17 | Aug 18 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 AUD = | 5.3230 Inverse: 0.1879 | 5.3230 Inverse: 0.1879 | 5.3148 Inverse: 0.1882 | 5.3000 Inverse: 0.1887 | 5.3321 Inverse: 0.1875 | 5.2992 Inverse: 0.1887 | 5.3113 Inverse: 0.1883 | 5.3188 Inverse: 0.1880 | 5.3188 Inverse: 0.1880 | 5.3228 Inverse: 0.1879 |
There are three main options to choose from, depending on what you're after. For a more detailed view, check out our guide on sending money from Australia to Hong Kong.
You want a more competitive exchange rate and lower fees than a bank transfer. Providers also offer more flexible maximum and minimum transfer limits.
You want an immediate transfer and don't want to wait to be verified. In that case, consider a transfer through your bank or to a cash pick-up location.
You need the money to be transferred immediately, such as in an emergency. It can also be helpful if the person you're sending to doesn't have a bank account or mobile wallet.
You have the option to find a better rate with a money transfer specialist or if your recipient doesn't have access to one of the cash pick-up locations.
You want the convenience of sending money from your existing bank account, without having to register and be verified by a specialised money transfer service. Your bank can usually also help set up regular transfers.
You want a more competitive exchange rate and fewer fees.
