Hong Kong Dollar to Chinese Yuan (HKD/CNY) Exchange Rate Today
Fixed rateToday's rate, how it compares to the last 30 days, and what you'll actually pay to convert.
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HKD to CNY Conversion Table
Common amounts converted from Hong Kong Dollar to Chinese Yuan at today's rate.
| Hong Kong Dollar (HKD) | Chinese Yuan (CNY) |
|---|---|
| 1 HKD | — |
| 5 HKD | — |
| 10 HKD | — |
| 25 HKD | — |
| 50 HKD | — |
| 100 HKD | — |
| 250 HKD | — |
| 500 HKD | — |
| 1,000 HKD | — |
| 5,000 HKD | — |
| 10,000 HKD | — |
| 50,000 HKD | — |
How much Chinese Yuan will you actually receive?
Estimated cost to convert HKD 1,000 to CNY with different transfer services. Fees are sourced from published pricing pages and may vary by amount, payment method, and destination.
| Service | Rate | Fee | Total Cost | CNY received |
|---|---|---|---|---|
| Mid-market rate | — | - | - | — |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| Typical bank Mar 2026 | — | — | — | — |
| Bureau de change Mar 2026 | — | — | — | — |
Some links are affiliate links and may earn us a commission at no extra cost to you. This does not affect our ranking - we sort by lowest total cost to you. Fees are estimates based on published pricing and may differ from your actual quote.
HKD/CNY is a pegged rate - here is what that means
This currency pair involves a peg, so the exchange rate barely moves. Timing your conversion makes almost no difference. Instead, focus entirely on minimising the fees and markup charged by your provider. The provider table above shows how much each one would charge.
HKD/CNY rate statistics
Is today's HKD/CNY rate good or bad?
We compare today's live Hong Kong Dollar to Chinese Yuan mid-market rate against its 30-day and 52-week trading range. When the rate is near the top of its recent range, HKD holders get more Chinese Yuan per unit - a better time to convert. When it is near the bottom, you may want to watch and wait.
The Hong Kong dollar is pegged to USD at 7.75-7.85. For pairs involving HKD and non-USD currencies, the rate effectively mirrors the other currency's USD rate. Timing makes minimal difference - focus on fees.
The live analysis below updates throughout market hours and shows exactly where today's rate sits in context.
What is the HKD/CNY exchange rate?
The HKD/CNY rate tracks how many Chinese Yuan one Hong Kong Dollar buys. The Chinese yuan is managed within a daily trading band set by the People's Bank of China. Pairs involving CNY tend to be less volatile than free-floating equivalents.
HKD is issued by the Hong Kong Monetary Authority (HKMA) (ranked 9th globally - meaning it's the 9th most bought and sold currency in the world). CNY is issued by the People's Bank of China (PBOC) (ranked 5th). Full HKD profile | Full CNY profile
Is today's HKD/CNY rate good or bad?
The Hong Kong Dollar to Chinese Yuan mid-market rate shown above is the reference price before any provider adds fees or markup. It is not a guaranteed quote - your bank, card issuer, or transfer service will offer a different rate that includes their margin.
On a typical conversion, banks add 0.5-1.5% to this rate. The gap between the mid-market rate and what you actually receive is the real cost of converting - often larger than any flat fee. Because HKD/CNY is a pegged or near-pegged rate, the bank's exchange rate risk is minimal - but they still charge for the service. Focus on fees rather than timing.
Exchange rate regime
Note: Hong Kong Dollar is pegged to USD within a 7.75-7.85 band. This means Hong Kong Dollar/Chinese Yuan effectively tracks USD/Chinese Yuan. Timing matters less than your provider's markup.
Converting Hong Kong Dollar to Chinese Yuan? Read this first
HKD is pegged to USD. Because HKD barely moves against the dollar (7.75-7.85 band), timing your conversion makes almost no difference. Focus entirely on minimizing provider fees and markup.
Watch out: While HKD/CNY barely moves due to the peg, providers still vary their markup significantly. The rate is stable, but what you actually pay isn't - focus entirely on provider fees.
Frequently asked questions
Is now a good time to convert HKD to CNY?
Whether now is the right time depends on your personal circumstances and timeline rather than market timing. The Hong Kong Dollar is pegged to the US Dollar through a currency board system maintained by the Hong Kong Monetary Authority, which means HKD/CNY moves primarily when the Chinese Yuan shifts against the US Dollar.
Check the rate panel above to see the current spread, then consider whether you need the funds urgently or can wait - this matters more than trying to catch a perfect rate.
What moves the HKD/CNY exchange rate?
Since the Hong Kong Dollar is pegged to the US Dollar, HKD/CNY moves almost entirely based on the People's Bank of China's management of the Chinese Yuan. Changes in Chinese monetary policy, inflation data, capital flows, and China's economic growth figures drive the pair.
US monetary policy indirectly influences the pair because it affects the Dollar peg that anchors the Hong Kong Dollar, so watch Federal Reserve decisions alongside Beijing's policy shifts.
Will Hong Kong Dollar get stronger or weaker against Chinese Yuan?
We don't forecast exchange rate movements. The data shows that HKD/CNY historically exhibits very low volatility because the Hong Kong Monetary Authority's peg keeps the Hong Kong Dollar tethered to the US Dollar - meaning the pair's direction depends almost entirely on Chinese Yuan policy.
Factors to watch include People's Bank of China rate decisions, China's economic growth reports, and capital flow trends in and out of mainland China.
How can I avoid fees when converting HKD to CNY?
Fees vary significantly by provider - banks typically charge more than online currency platforms or remittance services. Compare the total cost across providers using the rate panel and any stated fees, then calculate what you'll actually receive.
Some platforms offer better rates for larger conversions or regular customers, so check multiple sources before committing to a single provider.
Should I exchange Chinese Yuan at home or abroad?
Exchanging before you travel is usually cheaper than exchanging in China, where airport and hotel counters charge higher margins. You can order Chinese Yuan in advance from your home bank or use online currency platforms that ship physical notes.
If you're already in Hong Kong, you'll find competitive rates at major exchange houses along Des Voeux Road or through local banks, but comparing rates first - using tools on this site - will save you money either way.
How far does Hong Kong Dollar go in China?
Hong Kong Dollar purchasing power in mainland China depends on the location and type of goods. In major cities like Shanghai, Beijing, and Guangzhou, prices often rival or exceed Hong Kong levels, so your Hong Kong Dollar won't stretch significantly further.
In smaller cities and rural areas, living costs are considerably lower, meaning your money goes further - but this varies widely by region and lifestyle, so research your specific destination.
What is the cheapest way to send HKD to CNY?
Online remittance services and fintech platforms typically undercut banks on sending money from Hong Kong to mainland China. Wire transfer costs, exchange margins, and speed vary - some platforms charge flat fees while others use percentage-based pricing.
Compare the total amount your recipient will get using quotes from multiple providers, checking both the exchange rate shown in the comparison table and any transfer fees included.
Why does HKD/CNY barely move?
The Hong Kong Dollar is pegged to the US Dollar under a currency board system established by the Hong Kong Monetary Authority, with rates fixed in a tight band. This peg keeps the Hong Kong Dollar mechanically stable against the US Dollar, so HKD/CNY movement is constrained to changes in the Chinese Yuan versus the Dollar.
The People's Bank of China manages the Yuan's value to support China's economic policy, while Hong Kong's peg ensures the Hong Kong Dollar tracks the US Dollar - resulting in minimal volatility in this pair compared to freely floating currency pairs.
Learn more
- HKMA - Linked Exchange Rate - Hong Kong's currency peg system
- PBOC Monetary Policy - People's Bank of China policy and rate announcements
How this rate is calculated
We prefer a direct rate from our primary data source when one is available. If a direct quote is unavailable, we compute a cross-rate through a major intermediary currency (usually USD or EUR). When a rate is derived rather than directly quoted, we label it on the page. Full methodology.