WorldTimeFX

HKD to CAD Converter

Hong Kong Dollar to Canadian Dollar

Hong Kong Dollar to Canadian Dollar (HKD/CAD)

This page converts the Hong Kong Dollar (HKD) used in Hong Kong into the Canadian Dollar (CAD) used in Canada. The current rate loads in your browser; type any amount into the converter above to see its value.

What moves the HKD/CAD rate

The Hong Kong Dollar is mainly influenced by the Linked Exchange Rate System, which keeps the Hong Kong dollar between 7.75 and 7.85 per US dollar. The Canadian Dollar is mainly influenced by Bank of Canada policy and the prices of oil and other commodities Canada exports. When these forces push the two currencies in different directions, the HKD/CAD rate moves; when they move together, the rate tends to stay steadier.

How this rate is calculated

Rates are fetched from Frankfurter, which publishes the European Central Bank's daily reference rates (updated once per working day), and from ExchangeRate-API for currencies the ECB does not cover. All rates are stored against the euro, so the HKD/CAD figure is a cross rate: the euro value of CAD divided by the euro value of HKD. These are indicative mid-market reference rates and may differ from the rates offered by banks, card issuers and payment providers.

Frequently asked questions

How do I convert HKD to CAD?

Enter an amount in Hong Kong Dollar and the converter multiplies it by the latest daily HKD/CAD reference rate to show the value in Canadian Dollar. To go the other way, CAD to HKD, divide by the same rate or use the swap button.

Where does the HKD to CAD rate come from?

Rates come from Frankfurter, which republishes daily European Central Bank reference rates, with ExchangeRate-API filling in currencies the ECB does not publish. They are cached in your browser for up to an hour.

Is this the HKD to CAD rate my bank will give me?

No. These are mid-market, indicative rates. Banks, card providers and transfer services usually add a margin or fee, so the Canadian Dollar you actually receive is typically a little lower.

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