HKD to SGD Exchange Rate Today
Convert Hong Kong Dollars to Singapore Dollars with live HKD/SGD rates for wealth management and business between Asia's two financial hubs.
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Sending 1,000.00 HKD → SGD
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Mid-Market Rate
After Fees
Exchange rate: Real-time mid-market rate from OpenExchangeRates API. Transfer fees: Based on typical provider fees.Note: Providers may offer different exchange rates than the mid-market rate shown. Always check the provider's website for their actual exchange rate and final pricing before sending.
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Frequently Asked Questions
What is the current HKD to SGD exchange rate?
The Hong Kong Dollar to Singapore Dollar rate typically ranges between S$0.17-0.18 per 1 HKD. Since HKD is pegged to USD at 7.80, the rate primarily follows USD/SGD movements. Both are major Asian financial centers with sophisticated currency markets.
Why is HKD to SGD important for Asian finance?
Hong Kong and Singapore are Asia's top two financial hubs. Uses include wealth management transfers, regional headquarters operations, stock market investments (Hong Kong's Hang Seng vs Singapore's STI), property investments, and business expansion between the two cities.
How does the USD peg affect HKD/SGD?
HKD is pegged to USD at 7.75-7.85 band by Hong Kong Monetary Authority. When USD strengthens against SGD, HKD automatically strengthens proportionally. MAS manages SGD through a trade-weighted basket, creating the primary driver for this pair's movements.
What's the best way to transfer HKD to SGD?
Use Wise or OFX for competitive rates (0.5-1% markup), Hong Kong banks like HSBC or Hang Seng have Singapore operations (1-2% fees), Singaporean banks like DBS or UOB offer multi-currency accounts, and forex brokers for large amounts ($100K+) offer near-market rates.
When should I convert HKD to SGD?
Hong Kong financiers relocating to Singapore benefit when HKD exceeds S$0.175, stretching HK$10M savings to S$1.75M versus S$1.70M at S$0.17. Hong Kong residents in Singapore (50,000+, surging post-2020 national security law) converting property/relocation funds watch Fed/MAS decisions. HKD's dollar peg at 7.80 means conversions track USD-SGD. Difference between S$0.17 and S$0.175 equals HK$2,857 on S$1M—significant for Hong Kong professionals funding Orchard Road condos, Singapore family offices, or wealth migration under political uncertainty driving exodus to Asia's alternative financial hub.