Hong Kong Dollar

Hong Kong Dollar

The Hong Kong dollar (Chinese: 港幣; Cantonese Yale: Góng bàih; sign: HK$; code: HKD) is the official currency of Hong Kong. It is subdivided into 100 cents. The Hong Kong Monetary Authority is the governmental currency board and also the de facto central bank for Hong Kong and the Hong Kong dollar. Under the licence from the Hong Kong Monetary Authority, three commercial banks are licensed to issue their own banknotes for general circulation in Hong Kong. The three commercial banks, HSBC, Bank of China and Standard Chartered issue their own designs of banknotes in denominations of HK$20, HK$50, HK$100, HK$500 and HK$1000, with all designs being similar to the other in the same denomination of banknote. However, the HK$10 banknote and all coins are issued by the Government of Hong Kong. As of April 2016, the Hong Kong dollar is the thirteenth most traded currency in the world. Apart from its use in Hong Kong, the Hong Kong dollar is also used in neighbouring Macau, where the Hong Kong dollar circulates alongside the Macau pataca.

Saudi Arabian Riyal

Saudi Arabian Riyal

The Saudi riyal (Arabic: ريال‎ riyāl); is the currency of Saudi Arabia. It is abbreviated as ر.س or SR (Saudi riyal). It is subdivided into 100 halalas (Arabic: هللة‎ Halalah).

2 Hong Kong Dollar to Saudi Arabian Riyal exchange rates chart

2 HKD to SAR exchange rates graph
2 HKD to SAR Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

2 HKD to SAR exchange rates table

Exchange HKD to SAR
2 Hong Kong Dollar = 0.958 Saudi Arabian Riyal
4 Hong Kong Dollar = 1.916 Saudi Arabian Riyal
10 Hong Kong Dollar = 4.791 Saudi Arabian Riyal
20 Hong Kong Dollar = 9.581 Saudi Arabian Riyal
Exchange Hong Kong Dollar to Saudi Arabian Riyal
2 Hong Kong Dollar to Saudi Arabian Riyal Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best HKD/SAR rate at Ngau Kee Money Changer Co Ltd in Hong Kong

2 HKD to SAR exchange rates at Ngau Kee Money Changer Co Ltd in Hong Kong
2 Hong Kong Dollar = 0.952 Saudi Arabian Riyal
Ngau Kee Money Changer Co Ltd
Ngau Kee Money Changer Co Ltd

NGAU KEE MONEY CHANGER CO., LTD. Ngau Kee Money Changer Company Ltd (NKCL) is your first choice in foreign currency exchange. Since 1930, we have been serving customers in Hong Kong and most of the South East Asian countries. Our knowledgeable account executive must be able to solve your problems efficiently. Acting as the banknote supplier to many Banks and Corporations in Hong Kong, our exchange rates is always competitive. We maintain an inventory of more than 40 countries banknotes and...

2 HKD to SAR exchange rates news

Gold falls to 1-month low as dollar soars

Specs trim net short positions in gold in week to Nov. 6; Dollar index hits over 16-month peak

indicative neutral
That $4.3 trn wipeout in Asian stocks is getting deeper as dollar soars

Read more about That $4.3 trn wipeout in Asian stocks is getting deeper as dollar soars on Business Standard. Just like that, the region's equity benchmark erased weekly gains and posted its sixth slide in seven weeks

conditional neutral
Spotify Launches in the Middle East & North Africa

Spotify announced it is launching its service in 13 new markets in the Middle East and North Africa on Tuesday, including United Arab Emirates, Saudi Arabia, Kuwait, Oman, Qatar, Bahrain, Algeria, Morocco, Tunisia, Jordan, Lebanon, Palestinian Territories and Egypt.

conditional positive
Date set for auction of Saudi tycoon’s properties

Proceeds of the sale of Maan al-Sanea’s real estate assets will help repay billions of dollars due to creditors, say sources

conditional neutral
Saudi, expat fined half a million riyals for ‘tasattur’ operation in Dammam
Saudi, expat fined half a million riyals for ‘tasattur’ operation in Dammam

The Ministry of Commerce and Investment has defamed a Saudi citizen and an Arab expatriate who were convicted of commercial cover-up (tasattur) by a criminal court.

conditional neutral

2 HKD to SAR currency converter