Live Rate
Refreshing in: 60s | Thu, Oct 24, 05:40AM 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.
| Oct 2009 | Oct 2010 | Oct 2011 | Oct 2012 | Oct 2013 | Oct 2014 | Oct 2015 | Oct 2016 | Oct 2017 | Oct 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 AUD = | 7.1625 Inverse: 0.1396 | 7.6099 Inverse: 0.1314 | 8.0405 Inverse: 0.1244 | 7.9968 Inverse: 0.1250 | 7.5181 Inverse: 0.1330 | 6.8047 Inverse: 0.1470 | 5.5936 Inverse: 0.1788 | 5.9037 Inverse: 0.1694 | 6.0990 Inverse: 0.1640 | 5.5777 Inverse: 0.1793 |
| Dec 2018 | Jan 2019 | Feb 2019 | Mar 2019 | Apr 2019 | May 2019 | Jun 2019 | Jul 2019 | Aug 2019 | Sep 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 AUD = | 5.5219 Inverse: 0.1811 | 5.6069 Inverse: 0.1784 | 5.5964 Inverse: 0.1787 | 5.6016 Inverse: 0.1785 | 5.5221 Inverse: 0.1811 | 5.4317 Inverse: 0.1841 | 5.4748 Inverse: 0.1827 | 5.3984 Inverse: 0.1852 | 5.2862 Inverse: 0.1892 | 5.3024 Inverse: 0.1886 |
| Oct 14 | Oct 15 | Oct 16 | Oct 17 | Oct 18 | Oct 19 | Oct 20 | Oct 21 | Oct 22 | Oct 23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 AUD = | 5.3153 Inverse: 0.1881 | 5.2980 Inverse: 0.1888 | 5.3001 Inverse: 0.1887 | 5.3536 Inverse: 0.1868 | 5.3763 Inverse: 0.1860 | 5.3763 Inverse: 0.1860 | 5.3710 Inverse: 0.1862 | 5.3884 Inverse: 0.1856 | 5.3804 Inverse: 0.1859 | 5.3716 Inverse: 0.1862 |
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.
