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.

Australian Dollar

Australian Dollar

The Australian dollar (sign: $; code: AUD) is the currency of the Commonwealth of Australia, including its external territories Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru, Tonga, Tuvalu, and Vanuatu. The Australian dollar was legal tender of Papua New Guinea until 1 January 1976, when the Papua New Guinean kina became the sole legal tender. Within Australia, it is almost always abbreviated with the dollar sign ($), with A$ or AU$ sometimes used to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. In 2016, the Australian dollar was the fifth most traded currency in the world, accounting for 6.9% of the world's daily share (down from 8.6% in 2013). It trades in the world foreign exchange markets behind the US dollar, the euro, the yen and the pound sterling. The Australian dollar is popular with currency traders, because of the comparatively high interest rates in Australia, the relative freedom of the foreign exchange market from government intervention, the general stability of Australia's economy and political system, and the prevailing view that the Australian dollar offers diversification benefits in a portfolio containing the major world currencies, especially because of its greater exposure to Asian economies and the commodities cycle. The currency is commonly referred to by foreign-exchange traders as the "Aussie dollar".

5 Hong Kong Dollar to Australian Dollar exchange rates chart

5 HKD to AUD exchange rates graph
5 HKD to AUD 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.

5 HKD to AUD exchange rates table

Exchange HKD to AUD
5 Hong Kong Dollar = 0.888 Australian Dollar
10 Hong Kong Dollar = 1.776 Australian Dollar
25 Hong Kong Dollar = 4.439 Australian Dollar
50 Hong Kong Dollar = 8.878 Australian Dollar
Exchange Hong Kong Dollar to Australian Dollar
5 Hong Kong Dollar to Australian Dollar 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/AUD rate at United Currency Exchange in Melbourne

5 HKD to AUD exchange rates at United Currency Exchange in Melbourne
5 Hong Kong Dollar = 0.871 Australian Dollar
United Currency Exchange
United Currency Exchange

United Currency Exchange was founded in 2006 and firstly established in Victoria, Australia. The company operates specifically as a foreign currency exchange dealer servicing international tourists and budget travellers. As the business operates in financial services industry, United Currency Exchange is committed to deliver excellent customer services as well as professionalism throughout its services. We buy and sell foreign currencies at very competitive exchange rates with no commissions,...

Best HKD/AUD rate at Wexchange in Melbourne

5 HKD to AUD exchange rates at Wexchange in Melbourne
5 Hong Kong Dollar = 0.859 Australian Dollar
Wexchange
Wexchange

The WeXchange service is provided by WeXchange Pty Ltd ABN 52 155 326 846, under AFSL 411932 & AR 472473. We have four locations across Australia equipped with state-of-theart automatic cash counters, and an online store to ensure we are meeting your needs wherever you are, twentyfour hours a day and seven days a week. We welcome all enquiries so contact our friendly service team online or pop in-store today. WeXchange is a foreign exchange service provider that is committed to providing...

Best HKD/AUD rate at Bank of China (Hong Kong) in Hong Kong

5 HKD to AUD exchange rates at Bank of China (Hong Kong) in Hong Kong
5 Hong Kong Dollar = 0.873 Australian Dollar
Bank of China (Hong Kong)
Bank of China (Hong Kong)

Bank of China (Hong Kong) Limited (Chinese: 中國銀行(香港)有限公司) also known as its short name Bank of China (Hong Kong) or BOCHK (Chinese: 中銀香港), is a subsidiary of the Bank of China (via a Hong Kong-listed intermediate holding company BOC Hong Kong (Holdings)). Bank of China (Hong Kong) is the second-largest commercial banking group in Hong Kong in terms of assets and customer deposits (2008 data),[1] with around 197 branches across Hong Kong as of the end of 2016. [2] It is also one of the three...

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

5 HKD to AUD exchange rates at Ngau Kee Money Changer Co Ltd in Hong Kong
5 Hong Kong Dollar = 0.877 Australian Dollar
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...

5 HKD to AUD exchange rates news

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5 HKD to AUD currency converter