Sending a larger amount to ? Request a Free    Multi-Vendor Quote
Recent Transfers
Request a Multi-Vendor Transfer Quote
ClearFX Foreign Exchange Transfers
Compare Hotel Deals
 
Quick Calc
Mid-Rates
-->

Compare Foreign Exchange Rates | Banks & Online Currency Brokers

         Intn'l Transfer Rates

HKD/USD Exchange Rate

HKD 1.00 = USD Reference Mid-Rate       /
Exchange Rates are different for International Bank Transfers Select
BestExchangeRates compares the latest Foreign Exchange Rates from Banks & leading Currency Brokers to find you the best deals for your International Money Transfers. We also provide quick currency converter calculators, up-to-date foreign exchange research, news, charts and information and reviews of currency brokers.

Daily Currency Market Commentary
Daily currency news provided by OzForex

Once again the US economic indicators took centre stage last night overshadowing the minor European releases to give direction to the markets. The statistics surprised to the downside leading the Greenback to be sold off heavily across a basket of major currencies. Core durable goods orders were down nearly a percent while the labour department announced the number of individuals filing for unemployment benefits increased to 313,000 from a previous number of 292,000 and forecast of 287,000. Personal spending and income were also lower than expected with Chicago PMI, and consumer sentiment similarly missing the mark. The icing on the cake was housing numbers showing pending home sales falling and new home sales increasing substantially less than anticipated. While the markets are envisaging an interest rate rise by the US in 2015 continuing mixed data from the US will need to steady otherwise the timetable will be continually pushed further and further back. The European markets will have their moment in the limelight tonight with German preliminary CPI the highlight.
Data releases: 
HIA New Home Sales m/m, Private Capital Expenditure q/q
Trade Balance
No Data
No Data
View more currency reports

Why is it that when I go into a currency vendor to send money I never get the rate on the news?

You may well think that you are being ripped off, but it is not always the case. In simple terms what you see on the news or in the paper or on yahoo finance is the Middle Rate or mid-rate. Some people want to buy a currency and some people want to sell a currency and there is a gap (or margin) between the price at which you buy and the price at which you sell. ⇒ read article

What makes sending money internationally so expensive?

There are a number of cost components to making and receiving international payments, most of which are far from transparent to customers: Currency fees, Transit fees, Correspondent bank fees etc ⇒ read article

BestExchangeRates in the PressSMH.com.au Money

“A check with the foreign-exchange comparison website bestexchangerates.net shows a big variation in the exchange rates available when sending money and buying cash.” SMH.com.au ⇒ read article

This is an information service. By browsing on the website and/or using our comparison tools, you are asking BestExchangeRates to provide you with information about currency exchange products & services from multiple financial institutions. We will try to show you a range of products & services in response to your request for information. The search results do not include all providers and may not compare all features relevant to you. In giving you product information we are not making any suggestion or recommendation to you about a particular product. If you decide to conduct foreign exchange you will deal directly with a financial institution, and not with BestExchangeRates. Rates and product information should be confirmed with the relevant financial institution, see our terms of use for further details. BestExchangeRates may receive fees or other benefits in relation to activity on the BestExchangeRates website. BestExchangeRates may receive remuneration for vendor referral links.    TOS | Full disclaimer | Privacy Statement | Facebook