SGD/HKD: what to know
The SGD/HKD rate shows how much HKD you get for 1 SGD. Right now, 1 SGD buys 6.1531 HKD at the mid-market rate. In the other direction, 1 HKD is worth 0.1625 SGD.
In the short term SGD is driven mainly by the MAS-managed currency basket, while HKD responds to its peg to the US dollar.
The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par. The Hong Kong Dollar (HKD) is issued by Hong Kong Monetary Authority. Most banknotes are issued by three commercial banks, not a central bank.
Over the past 12 months the SGD/HKD rate has ranged between 5.9503 and 6.2416 — a change of +1.81% versus a year ago.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.