Hong Kong Dollar to Israeli Shekel (HKD/ILS) Exchange Rate Today
Fixed rateToday's rate, how it compares to the last 30 days, and what you'll actually pay to convert.
Mid-market rate - no bank markup 200+ currencies Free
HKD to ILS Conversion Table
Common amounts converted from Hong Kong Dollar to Israeli Shekel at today's rate.
| Hong Kong Dollar (HKD) | Israeli Shekel (ILS) |
|---|---|
| 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 Israeli Shekel will you actually receive?
Estimated cost to convert HKD 1,000 to ILS 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 | ILS 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/ILS 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/ILS rate statistics
Is today's HKD/ILS rate good or bad?
We compare today's live Hong Kong Dollar to Israeli Shekel 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 Israeli Shekel 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/ILS exchange rate?
The HKD/ILS rate tracks how many Israeli Shekel one Hong Kong Dollar buys. The Israeli shekel has strengthened significantly in recent decades, backed by Israel's technology sector exports and natural gas revenues. Bank of Israel policy is the primary rate driver.
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). ILS is issued by the Bank of Israel (BOI) (ranked 25th). Full HKD profile | Full ILS profile
Hong Kong Dollar to Israeli Shekel is commonly checked by travellers to Israel and tech workers with connections to Tel Aviv.
Is today's HKD/ILS rate good or bad?
The Hong Kong Dollar to Israeli Shekel 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/ILS 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/Israeli Shekel effectively tracks USD/Israeli Shekel. Timing matters less than your provider's markup.
Converting Hong Kong Dollar to Israeli Shekel? 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/ILS 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 ILS?
The timing of any currency conversion depends on your personal needs and circumstances rather than market conditions. To make an informed decision, check the rate panel above to see current HKD/ILS levels, then consider whether you need the Israeli Shekels now or can wait.
Factors that affect this pair include economic data from both the Hong Kong Monetary Authority and the Bank of Israel, geopolitical developments in the Middle East, and shifts in Israeli monetary policy - all of which you can monitor to align with your conversion needs.
What moves the HKD/ILS exchange rate?
The HKD/ILS rate responds to interest rate decisions by both the Hong Kong Monetary Authority and the Bank of Israel, since higher rates in either jurisdiction make that currency more attractive to investors. Broader forces include risk appetite in global markets - when investors flee to safety, flows between Hong Kong and Israel shift - plus inflation trends, trade data, and geopolitical tensions affecting the Middle East.
Since the Hong Kong Dollar maintains a peg to the US Dollar, changes in US monetary policy and the Dollar's strength against the Shekel also influence this pair indirectly.
Will Hong Kong Dollar get stronger or weaker against Israeli Shekel?
We cannot predict currency movements. Historical context shows that the HKD/ILS pair has reflected broader trends in central bank policy divergence, Israeli economic growth relative to Hong Kong, and shifts in regional stability.
To understand potential drivers yourself, watch for announcements from the Bank of Israel on interest rates, Israeli inflation reports, and any changes to Hong Kong's monetary framework - then use the chart above to assess how similar conditions affected this pair in the past.
How can I avoid fees when converting HKD to ILS?
Fee structures vary widely among banks, online money transfer services, and exchange brokers. To minimize costs, compare the all-in rates (including markup and fees) across multiple providers rather than looking at the base exchange rate alone - some firms advertise low fees but widen their spreads.
For larger HKD to ILS conversions, institutional services or specialist currency brokers may offer better terms than retail banking channels, so shopping around is essential before committing to any single provider.
Should I exchange Israeli Shekel at home or abroad?
Exchanging currency abroad versus at home depends on where you can access better rates and lower fees - neither location is universally superior. If you're traveling from Hong Kong to Israel, compare rates at your Hong Kong bank or authorized money changers against what you'd find in Israeli banks or Tel Aviv exchange offices.
The difference often comes down to the specific provider's markup rather than geography, so obtaining quotes from both locations before travel allows you to make a cost-effective choice.
How far does Hong Kong Dollar go in Israel?
The purchasing power of HKD in Israel depends on the current HKD/ILS rate shown in the panel above and Israeli price levels. Israel has a developed economy with costs comparable to Western Europe for housing, dining, and services in major cities like Tel Aviv and Jerusalem.
To assess your budget, check the exchange rate, then compare Israeli prices for goods and services you plan to purchase - travel guides and local cost-of-living databases provide realistic benchmarks for daily expenses in Israeli Shekels.
What is the cheapest way to send HKD to ILS?
The cheapest method to send HKD to Israel depends on the amount, speed required, and your access to different services. Bank wire transfers offer security but typically charge fixed fees; online money transfer platforms like Wise, OFX, or local services may offer competitive rates for mid-sized amounts; and informal channels or family connections can work for small transfers but carry risks.
For any significant sum, obtain quotes from at least three providers showing the total cost (fees plus exchange markup) to identify the lowest-cost option for your specific situation.
Why does HKD/ILS barely move?
The Hong Kong Dollar is pegged to the US Dollar by the Hong Kong Monetary Authority, which means HKD moves only when the Dollar moves against the Israeli Shekel. This peg creates a mechanical dampening effect on HKD/ILS volatility compared to freely floating currency pairs.
As a result, changes in this pair largely reflect shifts in Bank of Israel policy, Israeli economic data, and Middle East geopolitical developments - not changes in Hong Kong's monetary conditions - which explains the relatively narrow trading range you'll see in the chart above.
Learn more
- HKMA - Linked Exchange Rate - Hong Kong's currency peg system
- BOI - Exchange Rates - Bank of Israel daily rates
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.