Live Rate
Refreshing in: 60s | Thu, 23 May 02:00pm 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.
| May 2009 | May 2010 | May 2011 | May 2012 | May 2013 | May 2014 | May 2015 | May 2016 | May 2017 | May 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 AUD = | 6.0815 Inverse: 0.1644 | 6.4701 Inverse: 0.1546 | 8.2833 Inverse: 0.1207 | 7.6617 Inverse: 0.1305 | 7.6079 Inverse: 0.1314 | 7.1673 Inverse: 0.1395 | 6.1212 Inverse: 0.1634 | 5.6100 Inverse: 0.1783 | 5.8048 Inverse: 0.1723 | 5.9053 Inverse: 0.1693 |
| Jul 2018 | Aug 2018 | Sep 2018 | Oct 2018 | Nov 2018 | Dec 2018 | Jan 2019 | Feb 2019 | Mar 2019 | Apr 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 AUD = | 5.8334 Inverse: 0.1714 | 5.7566 Inverse: 0.1737 | 5.6978 Inverse: 0.1755 | 5.5595 Inverse: 0.1799 | 5.6611 Inverse: 0.1766 | 5.5239 Inverse: 0.1810 | 5.5652 Inverse: 0.1797 | 5.6167 Inverse: 0.1780 | 5.5604 Inverse: 0.1798 | 5.5210 Inverse: 0.1811 |
| May 13 | May 14 | May 15 | May 16 | May 17 | May 18 | May 19 | May 20 | May 21 | May 22 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 AUD = | 5.4513 Inverse: 0.1834 | 5.4457 Inverse: 0.1836 | 5.4367 Inverse: 0.1839 | 5.4098 Inverse: 0.1849 | 5.3866 Inverse: 0.1856 | 5.3866 Inverse: 0.1856 | 5.4182 Inverse: 0.1846 | 5.4320 Inverse: 0.1841 | 5.4025 Inverse: 0.1851 | 5.3987 Inverse: 0.1852 |
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.
