Singapore Dollar to Hong Kong Dollar (SGD/HKD) 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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SGD to HKD Conversion Table
Common amounts converted from Singapore Dollar to Hong Kong Dollar at today's rate.
| Singapore Dollar (SGD) | Hong Kong Dollar (HKD) |
|---|---|
| 1 SGD | — |
| 5 SGD | — |
| 10 SGD | — |
| 25 SGD | — |
| 50 SGD | — |
| 100 SGD | — |
| 250 SGD | — |
| 500 SGD | — |
| 1,000 SGD | — |
| 5,000 SGD | — |
| 10,000 SGD | — |
| 50,000 SGD | — |
How much Hong Kong Dollar will you actually receive?
Estimated cost to convert SGD 1,000 to HKD 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 | HKD 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.
SGD/HKD 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.
SGD/HKD rate statistics
Is today's SGD/HKD rate good or bad?
We compare today's live Singapore Dollar to Hong Kong Dollar mid-market rate against its 30-day and 52-week trading range. When the rate is near the top of its recent range, SGD holders get more Hong Kong 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 SGD/HKD exchange rate?
The SGD/HKD rate tracks how many Hong Kong Dollar one Singapore 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.
SGD is issued by the Monetary Authority of Singapore (MAS) (ranked 10th globally - meaning it's the 10th most bought and sold currency in the world). HKD is issued by the Hong Kong Monetary Authority (HKMA) (ranked 9th). Full SGD profile | Full HKD profile
Is today's SGD/HKD rate good or bad?
The Singapore Dollar to Hong Kong 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 SGD/HKD 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 Singapore Dollar/Hong Kong Dollar effectively tracks Singapore Dollar/USD. Timing matters less than your provider's markup.
Converting Singapore Dollar to Hong Kong 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 SGD/HKD 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 SGD to HKD?
The decision to convert depends on your personal circumstances and timeline rather than market timing. Check the rate panel above to see the current SGD/HKD rate, then compare it against historical data in the chart to understand where this pair typically trades.
Consider your cash flow needs, any upcoming expenses in Hong Kong, and whether you're comfortable with current market conditions - these factors matter more than trying to predict short-term moves in a tightly pegged pair.
What moves the SGD/HKD exchange rate?
Both the Monetary Authority of Singapore and the Hong Kong Monetary Authority actively manage their currencies, which keeps this pair extremely stable and narrow. When movement does occur, it typically reflects shifts in relative interest rate expectations, trade flows between the two financial hubs, or broader regional economic divergence.
Singapore's manufacturing and petrochemical sectors alongside Hong Kong's finance and shipping industries create distinct economic drivers, though the pegs themselves are the dominant force preventing large swings.
Will Singapore Dollar get stronger or weaker against Hong Kong Dollar?
We don't forecast currency movements. However, the data shows that SGD/HKD historically moves within an extremely tight band due to both currencies being actively managed by their central banks.
To understand this pair's behavior, examine the historical chart above - you'll notice volatility is minimal compared to freely floating pairs, which reflects the policy coordination between Singapore and Hong Kong's monetary authorities.
How can I avoid fees when converting SGD to HKD?
Fees vary significantly by provider type - banks typically charge more than online currency specialists or peer-to-peer services. Compare the all-in costs (including markup on the exchange rate, not just stated fees) across multiple providers before committing, as the total cost often differs more than headline fee percentages suggest.
Large transactions may qualify for better rates, and some providers waive fees above certain amounts, so it's worth asking about volume discounts when converting between these two major Asian financial centers.
Should I exchange Hong Kong Dollar at home or abroad?
Exchange rates and fees differ by location, but the gap is usually smaller for major currency pairs like HKD/SGD than for exotic currencies. If you're traveling from Singapore to Hong Kong, you might find competitive rates at banks or currency exchanges in Singapore before departure, though Hong Kong's dense financial services sector also offers many options upon arrival.
Compare quoted rates and total fees at a few providers in both locations before deciding - the difference in total cost often outweighs convenience factors.
How far does Singapore Dollar go in Hong Kong?
Your SGD buys a similar volume of Hong Kong goods and services as the rate panel above indicates - check the current rate to see the exact HKD equivalent of one dollar. Hong Kong's cost of living varies by district and category: premium shopping areas like Central and Causeway Bay command higher prices, while neighborhoods like Mong Kok or Sham Shui Po offer more affordable dining and retail.
Both Singapore and Hong Kong are expensive Asian cities, so your purchasing power in each is comparable, though specific prices differ by sector and location within Hong Kong.
What is the cheapest way to send SGD to HKD?
Online money transfer services and specialist remittance providers typically cost less than traditional banks when sending between Singapore and Hong Kong, though you'll want to compare the all-in cost including exchange rate markup and any stated fees. Peer-to-peer services, bank transfers, and dedicated money transfer apps each have different fee structures - some charge flat fees, others use percentage-based models, and some waive fees altogether for larger amounts.
Since both countries have mature financial systems and strong banking relationships, you have many options; evaluate 3-4 providers to find which offers the best rate and lowest total cost for your specific amount and urgency.
Why does SGD/HKD barely move?
Both currencies operate under managed exchange rate regimes rather than freely floating systems. The Monetary Authority of Singapore actively manages the SGD within a policy band against a basket of currencies, while the Hong Kong Monetary Authorit maintains a currency board system with the USD (within a tight band), which effectively constrains SGD/HKD movement.
This policy coordination, combined with similar economic structures in both financial centers, creates the extremely stable exchange rate you see in the chart above - volatility is structural by design rather than a temporary market condition.
Learn more
- MAS Monetary Policy - Monetary Authority of Singapore policy
- HKMA - Linked Exchange Rate - Hong Kong's currency peg system
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.