Live Rate
Refreshing in: 60s | Fri, 22 Mar 11:46pm 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.
| Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 AUD = | 5.3332 Inverse: 0.1875 | 7.1174 Inverse: 0.1405 | 7.8262 Inverse: 0.1278 | 8.1388 Inverse: 0.1229 | 8.0533 Inverse: 0.1242 | 7.0174 Inverse: 0.1425 | 6.0318 Inverse: 0.1658 | 5.8981 Inverse: 0.1695 | 5.9823 Inverse: 0.1672 | 6.0445 Inverse: 0.1654 |
| May 2018 | Jun 2018 | Jul 2018 | Aug 2018 | Sep 2018 | Oct 2018 | Nov 2018 | Dec 2018 | Jan 2019 | Feb 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 AUD = | 5.9053 Inverse: 0.1693 | 5.7837 Inverse: 0.1729 | 5.8200 Inverse: 0.1718 | 5.7783 Inverse: 0.1731 | 5.6992 Inverse: 0.1755 | 5.5443 Inverse: 0.1804 | 5.6770 Inverse: 0.1762 | 5.5219 Inverse: 0.1811 | 5.6069 Inverse: 0.1784 | 5.5964 Inverse: 0.1787 |
| Mar 12 | Mar 13 | Mar 14 | Mar 15 | Mar 16 | Mar 17 | Mar 18 | Mar 19 | Mar 20 | Mar 21 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 AUD = | 5.5442 Inverse: 0.1804 | 5.5622 Inverse: 0.1798 | 5.5481 Inverse: 0.1802 | 5.5657 Inverse: 0.1797 | 5.5657 Inverse: 0.1797 | 5.5601 Inverse: 0.1799 | 5.5724 Inverse: 0.1795 | 5.5642 Inverse: 0.1797 | 5.5993 Inverse: 0.1786 | 5.5772 Inverse: 0.1793 |
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.
Tim Falk is a writer for Finder, writing across a diverse range of topics. Over the course of his 15-year writing career, Tim has reported on everything from travel and personal finance to pets and TV soap operas. When he’s not staring at his computer, you can usually find him exploring the great outdoors.
