Hong Kong Dollar to South Korean Won (HKD/KRW) 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 KRW Conversion Table
Common amounts converted from Hong Kong Dollar to South Korean Won at today's rate.
| Hong Kong Dollar (HKD) | South Korean Won (KRW) |
|---|---|
| 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 South Korean Won will you actually receive?
Estimated cost to convert HKD 1,000 to KRW 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 | KRW 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/KRW 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/KRW rate statistics
Is today's HKD/KRW rate good or bad?
We compare today's live Hong Kong Dollar to South Korean Won 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 South Korean Won 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/KRW exchange rate?
The HKD/KRW rate tracks how many South Korean Won one Hong Kong Dollar buys. South Korea's won reflects the country's export-heavy economy - led by semiconductors, electronics, and automotive manufacturing. Bank of Korea policy and global tech demand are the main drivers.
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). KRW is issued by the Bank of Korea (BOK) (ranked 11th). Full HKD profile | Full KRW profile
Hong Kong Dollar to South Korean Won is commonly checked by K-culture fans, tech industry workers, and travellers to Seoul.
Is today's HKD/KRW rate good or bad?
The Hong Kong Dollar to South Korean Won 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/KRW 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/South Korean Won effectively tracks USD/South Korean Won. Timing matters less than your provider's markup.
Converting Hong Kong Dollar to South Korean Won? 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/KRW 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 KRW?
Timing currency conversions depends on your personal circumstances, not market conditions alone. Check the rate panel above to see where HKD/KRW sits relative to recent levels, then consider your own timeline and needs.
Factors to watch include the Hong Kong Monetary Authority's interest rate decisions and the Bank of Korea's monetary policy stance, which influence broader capital flows between the two economies. Your decision should rest on whether you need the funds now or can wait, not on predictions about future movement.
What moves the HKD/KRW exchange rate?
The HKD/KRW rate responds primarily to the South Korean Won's strength or weakness, since the Hong Kong Dollar is pegged to the US Dollar by the Hong Kong Monetary Authority. The Bank of Korea's interest rate decisions, South Korean inflation data, and capital flows in and out of Korean markets drive the Won's value against the dollar - and therefore against the pegged Hong Kong Dollar.
Broader US Dollar movements also influence the pair indirectly through their effect on the Won. Economic data from South Korea, including GDP growth and trade balances, tends to move this pair more than Hong Kong-specific news.
Will Hong Kong Dollar get stronger or weaker against South Korean Won?
We don't forecast currency movements. What we can tell you is that the HKD/KRW rate depends almost entirely on Korean economic conditions and the Bank of Korea's policy decisions, since the Hong Kong Monetary Authority maintains the HKD peg to the US Dollar.
Historical performance data is available in the chart above - reviewing past correlations between Korean economic releases and this pair's movement can inform your own analysis. Monitor the Bank of Korea's rate outlook and South Korean economic indicators if you want to assess potential drivers of change.
How can I avoid fees when converting HKD to KRW?
Compare the all-in cost across different providers before converting - banks, online money transfer services, and currency brokers charge vastly different fees and apply different markups to the mid-market rate shown in our rate panel. Some providers quote low fees but hide costs in a wide spread between their buy and sell rates; others charge transparent fees but stay closer to the true exchange rate.
Ask each provider for both their exchange rate and their total fee in Hong Kong Dollars or Korean Won, then calculate the final amount you'll receive. Using a specialist money transfer service often costs less than a traditional bank for this pair.
Should I exchange South Korean Won at home or abroad?
That depends on where you get the better rate and lower fees - there is no universal rule. If you're in Hong Kong, you may find competitive rates at local money changers or banks; if you're in South Korea, local banks and exchange booths will quote rates based on current market conditions.
Use the rate panel on this page as a reference point to compare against any quote you receive. Avoid exchanging cash at airports or tourist areas in either country, as those locations typically charge higher markups than city-center alternatives.
How far does Hong Kong Dollar go in South Korea?
Your Hong Kong Dollars' purchasing power in South Korea depends on what you're buying and where - restaurant meals, accommodation, and transportation each have their own price structures. Check recent cost-of-living data and travel blogs focused on South Korea to understand typical prices for your planned activities in Korean Won.
The rate panel above shows you the current HKD/KRW conversion, which you can use to estimate how many Won you'll have to spend. Generally, South Korea offers reasonable value for travelers in areas like transit and casual dining, though luxury goods and imported items command higher prices.
What is the cheapest way to send HKD to KRW?
The cheapest method depends on the amount, urgency, and your access to different providers. Specialist money transfer services like Wise, OFX, or Remitly often undercut banks for cross-border transfers, especially if you're sending a moderate sum; traditional banks may be competitive for very large amounts but charge fees that hurt smaller transfers.
Compare the total cost (fee plus any markup on the exchange rate) rather than looking at fees alone - some low-fee services apply wide spreads. For the most current options and pricing, research providers that specifically serve transfers between Hong Kong and South Korea, as they often offer better rates on this corridor.
Why does HKD/KRW barely move?
The Hong Kong Dollar is pegged to the US Dollar by the Hong Kong Monetary Authority at a narrow band, so the HKD/KRW rate moves only when the South Korean Won strengthens or weakens against the dollar. Because the peg removes volatility from one side of the pair, you see much less fluctuation than in freely floating currency pairs.
The Bank of Korea's interest rate decisions and shifts in Korean economic conditions drive any movement you do see in HKD/KRW. This stability can be useful if you need predictability, but it also means the pair offers fewer trading opportunities than more volatile pairs.
Learn more
- HKMA - Linked Exchange Rate - Hong Kong's currency peg system
- Bank of Korea - Exchange Rates - Official daily KRW 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.