Hong Kong Dollar to Japanese Yen (HKD/JPY) 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 JPY Conversion Table
Common amounts converted from Hong Kong Dollar to Japanese Yen at today's rate.
| Hong Kong Dollar (HKD) | Japanese Yen (JPY) |
|---|---|
| 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 Japanese Yen will you actually receive?
Estimated cost to convert HKD 1,000 to JPY 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 | JPY 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/JPY 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/JPY rate statistics
Is today's HKD/JPY rate good or bad?
We compare today's live Hong Kong Dollar to Japanese Yen 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 Japanese Yen 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/JPY exchange rate?
The HKD/JPY rate tracks how many Japanese Yen one Hong Kong Dollar buys. The yen is the world's third most-traded currency and a traditional safe haven. JPY pairs tend to move sharply during global market stress as investors repatriate capital into yen-denominated assets.
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). JPY is issued by the Bank of Japan (BOJ) (ranked 3rd). Full HKD profile | Full JPY profile
Is today's HKD/JPY rate good or bad?
The Hong Kong Dollar to Japanese Yen 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/JPY 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/Japanese Yen effectively tracks USD/Japanese Yen. Timing matters less than your provider's markup.
Converting Hong Kong Dollar to Japanese Yen? Read this first
Converting to Yen? Japan remains largely cash-based for everyday transactions. Budget for more cash than you would in Europe or the US. 7-Eleven ATMs accept most foreign cards. Bureau de change in Japan are surprisingly competitive compared to other countries.
Watch out: While HKD/JPY 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.
Did you know?
- Despite being a major global currency, physical cash still accounts for about 20% of transactions in Japan - far higher than most developed nations.
Frequently asked questions
Is now a good time to convert HKD to JPY?
The best time to convert depends on your personal circumstances and timeline rather than market timing. Check the rate panel above to see the current HKD/JPY rate, then compare it against your historical reference points or your expected conversion date.
Consider your currency needs, cash flow, and any upcoming expenses in Japan - these practical factors often matter more than trying to predict short-term rate movements. If you're converting for a trip or payment, locking in a rate you're comfortable with may be more important than waiting for a potentially better rate that may not arrive.
What moves the HKD/JPY exchange rate?
The HKD/JPY rate is driven by movements in the JPY side of the pair, since the Hong Kong Monetary Authority maintains the Hong Kong Dollar on a fixed peg to the US Dollar. The Bank of Japan's monetary policy, interest rate decisions, and inflation data are primary drivers - when the BoJ shifts policy or economic conditions change in Japan, the yen strengthens or weakens against the dollar, which directly moves HKD/JPY.
Risk sentiment also plays a role: in times of market stress, investors often seek the yen as a safe-haven currency, pushing it higher. Broader economic data from Japan, such as GDP growth, employment, and trade flows, also influence where the BoJ takes policy next.
Will Hong Kong Dollar get stronger or weaker against Japanese Yen?
We don't make forecasts about future exchange rate movements. Instead, you can review the chart above to see how HKD/JPY has performed historically and identify patterns that matter to your situation.
The factors to watch include Bank of Japan interest rate expectations, Japanese inflation and wage growth data, US dollar movements (since the HKD is pegged to it), and shifts in safe-haven demand for the yen. By monitoring economic calendars and central bank communications, you can form your own view of the likely direction based on current conditions.
How can I avoid fees when converting HKD to JPY?
Compare the all-in costs from multiple providers - banks, currency exchange specialists, and fintech platforms often charge different spreads and fees for HKD to JPY conversions. Some online platforms advertise zero-fee conversions but include the cost in their exchange rate markup, so always check the final rate you receive against the mid-market rate shown on this page.
If you're converting a large amount, specialist foreign exchange brokers may offer better rates than retail banks. Request quotes in writing so you can see the exact rate, fees, and total cost before committing to the trade.
Should I exchange Japanese Yen at home or abroad?
Exchanging before you travel generally locks in a known rate and avoids the inconvenience of finding a reliable exchange service once you arrive in Japan. Exchange rates and fees vary significantly between Hong Kong banks, airport exchanges, and Japanese banks or street exchangers, so compare rates at your intended provider before deciding.
Airport exchanges in both Hong Kong and Japan typically charge higher markups than bank branches or dedicated forex shops, though the convenience may be worth it for smaller amounts. If you're staying in Japan long-term, opening a local bank account may give you better ongoing rates for future conversions.
How far does Hong Kong Dollar go in Japan?
The purchasing power of the Hong Kong Dollar in Japan depends on the current HKD/JPY rate shown in the panel above and the specific costs of goods and services where you plan to spend. Japan's cost of living varies significantly by region - Tokyo and Osaka are generally more expensive than rural areas, and prices for dining, accommodation, and transport differ based on where you go.
To assess your budget, research typical meal costs, hotel rates, and transport fares at your destination, then convert those yen amounts to HKD using the current rate. A useful benchmark is checking prices for comparable items (a coffee, a meal, a night's hotel stay) in both currencies across your planned destinations.
What is the cheapest way to send HKD to JPY?
International money transfer providers, online platforms, and some banks offer different pricing structures for sending HKD to Japan, so obtain quotes from at least three providers to compare their exchange rates and total fees. Larger transfers typically have lower per-unit costs than small amounts, and some platforms offer better rates when you set up recurring transfers rather than one-off payments.
Traditional banks are often the most expensive option due to high fees and poor exchange rates, while specialized remittance services and fintech platforms frequently offer more competitive pricing. Review the total amount your recipient receives in JPY, not just the headline rate, since the final cost is what matters.
Why does HKD/JPY barely move?
The HKD is pegged to the US Dollar by the Hong Kong Monetary Authority, which means the HKD/JPY rate moves almost entirely based on changes in the JPY side of the pair rather than moves in the HKD itself. Since the peg is fixed and defended by the HKMA, the Hong Kong Dollar has no independent movement against the dollar, so all volatility in HKD/JPY comes from how the Bank of Japan's policies and Japanese economic conditions affect the yen.
This structural stability makes HKD/JPY one of the less volatile currency pairs, which can be useful for some purposes but means traders seeking exchange rate movements look elsewhere. If you're looking for more volatile pairs, currency pairs involving freely floating currencies with active central bank policy divergence will typically show larger movements.
Learn more
- HKMA - Linked Exchange Rate - Hong Kong's currency peg system
- Bank of Japan - Daily FX Rates - Official BOJ exchange rate data
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.