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Convert HKD to MYR
HKD
MYR|Updated recentlyMid-market 0.5177Cheapest todayof 6 providers
Western Union
Rate 0.5150 · Fee HK$5.20
You send
HK$1,000
Recipient gets
RM512
Affiliate link · No extra cost to you
Quick answer: The best HKD to MYR exchange rate in August 2026 is offered by Western Union, delivering 512.29 MYR on a 1,000 HKD transfer with a fee of HK$5.20.
Last reviewed: by Awais Imran, Reviews Editor
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 gets
Rate 0.5150·Fee HK$5.20·0.51% markup
Rate 0.5146·Fee HK$5.90·0.59% markup
Rate 0.5138·Fee HK$7.40·0.75% markup
Rate 0.5006·Fee HK$32.90·3.30% markup
Rate 0.4963·Fee HK$41.30·4.13% markup
Rate 0.5135·Fee Free·0.80% markup
Some links on this page are affiliate links. We may earn a commission at no extra cost to you. This does not affect our rankings, which are based on real transfer data. 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?
Western Union
4.3Exchange rate
0.5150
Fee
HK$5.20
Recipient gets
RM512.29
Speed
1 business day
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 → XRP Ledger (XRP) → Hata (XRP) · ~3 seconds
517 MYR
0.22% all-in
+
HataBitcoin · Lightning
HashKey → XRP Ledger (XRP) → Hata (XRP) · ~3 seconds
517 MYR
0.22% all-in
- 1HashKey HKD→XRP: 0.12%
- 2XRP Ledger network: 0.000010 XRP
- 3Hata (XRP): 0.02% spread
- 41 MYR withdrawal fee
Also routable via XRP Ledger (XRP), Lightning Network (BTC), 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
GBP → INR · cheapest just changed
Sending £1,000 today? The top provider on this corridor now lands about ₹1,180 more than yesterday’s best — the bank wire is still ₹9,400 behind.
sendmoneycompare.com/send-money/uk-to-india
09:12USD → PHP · watch the funding fee
Two providers added a card-funding fee this morning. Paying by bank transfer is now the cheaper route on this corridor.
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
Western Union
Delivers the most MYR for your money
Fastest transfer
Western Union
Delivers in 1 business day
Cash pickup
Western Union
Widest cash pickup network
Bank transfer
Western Union
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
Western Union
0.52 · 1 business day
Wise
0.51 · 1-2 business days
InstaReM
0.51 · 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
Western UnionHK$2.600.52RM2561 business day
WiseHK$2.950.51RM2561-2 business days
InstaReMHK$3.690.51RM2551-3 business days
HSBC HKHK$16.440.50RM2421-3 business days
OFXHK$20.650.50RM2381-3 business days
Regency FXFree0.51RM257Same day to 2 business days
Send HK$1,000
ProviderFeeReceives
Western Union
0.52 · 1 business day
Wise
0.51 · 1-2 business days
InstaReM
0.51 · 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
Western UnionHK$5.200.52RM5121 business day
WiseHK$5.900.51RM5121-2 business days
InstaReMHK$7.400.51RM5101-3 business days
HSBC HKHK$32.900.50RM4841-3 business days
OFXHK$41.300.50RM4761-3 business days
Regency FXFree0.51RM514Same day to 2 business days
Send HK$5,000
ProviderFeeReceives
Western Union
0.52 · 1 business day
Wise
0.51 · 1-2 business days
InstaReM
0.51 · 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
Western UnionHK$26.000.52RM2,5611 business day
WiseHK$29.000.51RM2,5581-2 business days
InstaReMHK$37.000.51RM2,5501-3 business days
HSBC HKHK$164.000.50RM2,4211-3 business days
OFXHK$206.500.50RM2,3791-3 business days
Regency FXFree0.51RM2,568Same 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 (0.5177).
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
- Western Union1 business day
- Wise1-2 business days
- 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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