Hong Kong Dollar to Singapore Dollar (HKD/SGD) 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 SGD Conversion Table
Common amounts converted from Hong Kong Dollar to Singapore Dollar at today's rate.
| Hong Kong Dollar (HKD) | Singapore Dollar (SGD) |
|---|---|
| 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 Singapore Dollar will you actually receive?
Estimated cost to convert HKD 1,000 to SGD 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 | SGD 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/SGD 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/SGD rate statistics
Is today's HKD/SGD rate good or bad?
We compare today's live Hong Kong Dollar to Singapore Dollar 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 Singapore Dollar 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/SGD exchange rate?
The HKD/SGD rate tracks how many Singapore Dollar one Hong Kong Dollar buys. Uniquely among major currencies, SGD is managed by the Monetary Authority of Singapore using the exchange rate itself as the primary monetary policy tool, rather than interest rates.
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). SGD is issued by the Monetary Authority of Singapore (MAS) (ranked 10th). Full HKD profile | Full SGD profile
Is today's HKD/SGD rate good or bad?
The Hong Kong Dollar to Singapore Dollar 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/SGD 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/Singapore Dollar effectively tracks USD/Singapore Dollar. Timing matters less than your provider's markup.
Converting Hong Kong Dollar to Singapore Dollar? 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/SGD 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 SGD?
Timing currency conversions depends on your personal circumstances rather than market conditions. Check the rate panel above to see the current HKD/SGD rate and compare it to rates from previous weeks or months to identify trends.
Consider whether you need SGD for immediate expenses, upcoming travel, or investment - your timeline matters more than trying to catch a perfect rate. If you're converting regularly, spreading purchases over time can reduce the impact of rate movements.
What moves the HKD/SGD exchange rate?
The HKD/SGD pair is influenced by the diverging monetary policies of the Hong Kong Monetary Authority and the Monetary Authority of Singapore, even though the Hong Kong Dollar itself operates under a linked exchange rate system. Interest rate decisions by both central banks, inflation differentials between the two economies, and broader regional risk sentiment all create relative value shifts between the currencies.
Trade flows between Hong Kong and Singapore, as well as capital movements tied to regional financial markets, also contribute to movements in this pairing. The chart above shows how this pair has responded to these economic factors over time.
Will Hong Kong Dollar get stronger or weaker against Singapore Dollar?
We cannot predict future currency movements. Instead, consider monitoring economic data from both territories - watch for interest rate announcements from the Hong Kong Monetary Authority and the Monetary Authority of Singapore, as well as inflation and growth figures that might create divergence between the two economies.
Historical patterns visible in the comparison table on this page show how past economic shifts affected this pair. Factors to watch include any changes in monetary policy coordination between the two central banks and shifts in regional capital flows.
How can I avoid fees when converting HKD to SGD?
Compare conversion fees and exchange rate markups across different providers - banks, online money transfer services, and currency specialists often charge different amounts for the same transaction. Some digital platforms offer lower fees than traditional banks for HKD to SGD transfers.
Ask each provider for their all-in cost, including any hidden charges or unfavorable rate spreads they apply. Converting larger amounts at once sometimes qualifies you for better rates than multiple small conversions, though this depends on your provider's fee structure.
Should I exchange Singapore Dollar at home or abroad?
Exchange rates at home typically include bank markups or fees, while rates abroad in Singapore may offer better value but come with currency conversion risk during your travels. Compare the all-in cost of exchanging before you leave (including any fees) against rates you'd find at money changers in Singapore, which are often competitive but vary by location.
Consider exchanging a portion of your funds at home for security and convenience, then accessing additional SGD through ATMs or local money changers in Singapore if needed. The specific rates available depend on your home country, your bank, and current market conditions.
How far does Hong Kong Dollar go in Singapore?
The purchasing power of HKD in Singapore depends on the current HKD/SGD exchange rate shown in the rate panel above - check this to understand how much SGD you'll receive per Hong Kong Dollar. Singapore's cost of living varies by district and spending category; central areas like Marina Bay are more expensive than suburban neighborhoods.
Your HKD will have different buying power depending on whether you're purchasing food from hawker centers (affordable), dining in restaurants, paying rent, or shopping for goods. Convert your expected daily or monthly budget to SGD using the current rate to get a realistic picture of your expenses.
What is the cheapest way to send HKD to SGD?
Online remittance platforms typically offer lower fees and better exchange rates than traditional banks for HKD to SGD transfers, especially for larger amounts. Services specializing in Asia - Pacific corridors may have competitive rates for this specific route between Hong Kong and Singapore.
Compare the total cost (base fee plus any percentage charge plus exchange rate markup) across at least three providers before sending. The speed of transfer varies - banks may take 2 - 3 business days while some digital services offer next-day settlement, and the cheapest option may not be the fastest.
Why does HKD/SGD barely move?
The Hong Kong Dollar is pegged to the US Dollar through a linked exchange rate system maintained by the Hong Kong Monetary Authority, which anchors HKD to a fixed range against the USD. Since the Singapore Dollar is managed more flexibly by the Monetary Authority of Singapore rather than rigidly pegged, HKD/SGD movements primarily reflect shifts in USD/SGD rather than fundamental changes in Hong Kong's economy.
This structural relationship means the pair experiences less volatility than many currency combinations, though it does still move when Singapore's monetary policy diverges from broader US Dollar trends. The chart above illustrates how this relationship keeps the pair relatively stable compared to other regional pairs.
Learn more
- HKMA - Linked Exchange Rate - Hong Kong's currency peg system
- MAS Monetary Policy - Monetary Authority of Singapore policy
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.