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Convert HKD to MYR
HKD
MYR|Updated Mid-market 0.5189Cheapest todayof 6 providers
Wise
Rate 0.5173 · Fee HK$3.10
You send
HK$1,000
Recipient gets
RM516
Affiliate link · No extra cost to you
Quick answer: The best HKD to MYR exchange rate in September 2026 is offered by Wise, delivering 515.69 MYR on a 1,000 HKD transfer with a fee of HK$3.10.
Quotes updated: — collected automatically from provider APIs every 6 hours. How we collect and rank quotes.
What is the cheapest way to send HKD to MYR?
Sending HK$1,000 from HKD to MYR. Sorted by best value — most money received.
Source: SendMoneyCompare · Data updated every 6 hours from live provider APIs
#ProviderRateFeeRecipient getsSend
Rate 0.5173·Fee HK$3.10·0.31% markup
Rate 0.5168·Fee HK$4.00·0.41% markup
Rate 0.5166·Fee HK$4.40·0.44% markup
4
HSBC HK
1-3 business days
RM489.85
recipient gets
Rate 0.5042·Fee HK$28.40·2.83% markup
Rate 0.5148·Fee Free·0.79% markup
Potential savings: Choosing the best provider over the most expensive saves your recipient RM0.94 on a HK$1,000 transfer.
Some links on this page are affiliate links — we may earn a commission at no extra cost to you. Rankings come from live transfer data and are ordered by what your recipient receives. Whether a provider pays us plays no part in that order. Where payouts land within 0.1% of each other — less than rates typically move between our updates — the higher-rated provider is listed first. Editorial policy
Looking for the best HKD to MYR exchange rate? Compare real-time rates, fees, and delivery times from 15+ money transfer providers to find the cheapest way to convert Hong Kong Dollar to Malaysian Ringgit.
The HKD/MYR exchange rate fluctuates throughout the day. Specialist money transfer providers typically offer rates 1–4% better than banks, which can mean significant savings on every transfer. Our comparison shows you the exact MYR amount you'll receive from each provider after all fees and exchange rate markups.
Which provider offers the best HKD to MYR rate?
Wise
4.3Exchange rate
0.5173
Fee
HK$3.10
Recipient gets
RM515.69
Speed
1-2 business days
Also available · Digital-asset rails
Crypto & stablecoin routes for HKD → MYR
For a tech-comfortable sender, stablecoin rails can beat every bank and app. These aren't one-tap services — each is a fiat on-ramp → blockchain → local cash-out. Here's the all-in cost and how each works.
HataBitcoin · Lightning
HashKey → Lightning Network (BTC) → Hata (BTC) · ~1 second
516 MYR
0.03% all-in
+
HataBitcoin · Lightning
HashKey → Lightning Network (BTC) → Hata (BTC) · ~1 second
516 MYR
0.03% all-in
- 1HashKey HKD→BTC: 0.12%
- 2Lightning Network network: 0.000001 BTC
- 3Hata (BTC): 0.02% spread
- 41 MYR withdrawal fee
Also routable via Lightning Network (BTC), XRP Ledger (XRP), Stellar (XLM) (XLM).
Source: Hata Public Orderbook API
Crypto rails involve exchange accounts, wallets, and price/liquidity risk. Costs are estimates from live exchange and network data, refreshed every 6 hours. Not financial advice.
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Example alert
HKD → MYR · cheapest just changed
Sending 1,000 HKD today? The cheapest provider on this corridor changed overnight — same money in, more MYR out. A bank wire is still the most expensive way to send it.
sendmoneycompare.com/send-money/hkd-to-myr
09:12Watch the card-funding fee
Two providers added a card-funding fee this morning. Paying by bank transfer is the cheaper route today.
Thu 16:40Guides, fees & how it works
Which provider is best for each transfer type?
Different providers excel at different things. Here's who's best for each use case on the HKD to MYR route.
Cheapest transfer
Wise
Delivers the most MYR for your money
Fastest transfer
Wise
Delivers in 1-2 business days
Cash pickup
Western Union
Widest cash pickup network
Bank transfer
Wise
Best rate for bank deposit to MYR
Transfer examples: HKD to MYR
See how much your recipient would get for common transfer amounts.
Send HK$500
ProviderFeeReceives
Wise
0.52 · 1-2 business days
Western Union
0.52 · 1 business day
InstaReM
0.52 · 1-3 business days
HSBC HK
0.50 · 1-3 business days
OFX
0.50 · 1-3 business days
Regency FX
0.51 · Same day to 2 business days
ProviderFeeRateReceivesSpeed
WiseHK$1.550.52RM2581-2 business days
Western UnionHK$2.000.52RM2571 business day
InstaReMHK$2.200.52RM2571-3 business days
HSBC HKHK$14.200.50RM2451-3 business days
OFXHK$19.150.50RM2401-3 business days
Regency FXFree0.51RM257Same day to 2 business days
Send HK$1,000
ProviderFeeReceives
Wise
0.52 · 1-2 business days
Western Union
0.52 · 1 business day
InstaReM
0.52 · 1-3 business days
HSBC HK
0.50 · 1-3 business days
OFX
0.50 · 1-3 business days
Regency FX
0.51 · Same day to 2 business days
ProviderFeeRateReceivesSpeed
WiseHK$3.100.52RM5161-2 business days
Western UnionHK$4.000.52RM5151 business day
InstaReMHK$4.400.52RM5141-3 business days
HSBC HKHK$28.400.50RM4901-3 business days
OFXHK$38.300.50RM4801-3 business days
Regency FXFree0.51RM515Same day to 2 business days
Send HK$5,000
ProviderFeeReceives
Wise
0.52 · 1-2 business days
Western Union
0.52 · 1 business day
InstaReM
0.52 · 1-3 business days
HSBC HK
0.50 · 1-3 business days
OFX
0.50 · 1-3 business days
Regency FX
0.51 · Same day to 2 business days
ProviderFeeRateReceivesSpeed
WiseHK$15.500.52RM2,5781-2 business days
Western UnionHK$20.000.52RM2,5741 business day
InstaReMHK$22.000.52RM2,5721-3 business days
HSBC HKHK$142.000.50RM2,4491-3 business days
OFXHK$191.500.50RM2,4001-3 business days
Regency FXFree0.51RM2,574Same day to 2 business days
How much does it cost to convert HKD to MYR?
Fees for HKD to MYR transfers vary by provider — from free to HK$5–10 with specialist services. Banks typically charge HK$25–50 per wire plus a 2–5% exchange rate markup. The bigger cost factor is usually the exchange rate markup, not the fee. Always compare the total MYR received.
Understanding the total cost
The true cost of a money transfer has two components:
Transfer fee
The upfront charge — typically HK$0–HK$10 with specialist providers.
Exchange rate markup
The hidden cost — the difference between the provider's rate and the mid-market rate (0.5189).
How long does a HKD to MYR transfer take?
Delivery times for HKD to MYR transfers range from minutes (with express options) to 3–5 business days for standard bank wires. Most specialist providers deliver within 1–2 business days.
Standard delivery
- Wise1-2 business days
- Western Union1 business day
- InstaReM1-3 business days
- HSBC HK1-3 business days
- OFX1-3 business days
Frequently asked questions
Common questions about sending money from HKD to MYR
What is the best HKD to MYR exchange rate today?
Exchange rates change constantly. Use our comparison table above to see real-time HKD to MYR rates from every provider. The mid-market rate is shown for reference — look for providers offering rates closest to it.
What is the cheapest way to convert HKD to MYR?
Specialist transfer providers like Wise, Remitly, and OFX typically offer the best total value. Compare the total MYR received (after fees and rate markup) rather than just the fee or rate alone.
How long does a HKD to MYR transfer take?
Transfer speeds vary by provider: some deliver within minutes, while standard bank wires take 2–5 business days. Express options are available from most specialist providers for a small additional fee.
Is it cheaper to use a bank or a specialist provider for HKD to MYR?
Specialist providers are almost always cheaper. Banks typically charge HK$25–50 per transfer plus a 2–5% exchange rate markup. Specialist providers like Wise, Revolut, and Remitly charge HK$0–10 with markups under 1%, saving you significantly on every transfer.
More for this corridor
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How does your bank compare?
Compare all providers for HKD to MYR
Enter your exact amount in the comparison tool above to see personalised quotes from every provider on this route.
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