Whether you're traveling abroad or simply need foreign currency for an upcoming trip, exchanging your Hong Kong dollars for other currencies is essential. In this comprehensive guide, we will explore the best places for currency exchange in Hong Kong, including both exchange shops and banks. Additionally, we’ll provide a comparison of exchange rates to help you make an informed decision.
Best Places to Exchange Currency in Hong Kong
- How can I exchange currency in Hong Kong?
- Where is the best place to exchange currency in Hong Kong?
- Currency exchange rates comparison
- Tips for Currency Exchange in Hong Kong
How can I exchange currency in Hong Kong?
There are 2 major ways to exchange currency in Hong Kong:
Banks
Major banks in Hong Kong like HSBC, Bank of China, and BEA offer currency exchange services. While banks provide convenience and reliability, it’s important to note that their exchange rates are typically slightly lower than those offered by currency exchange shops. Additionally, banks often charge fees for their currency exchange services.
Exchange Shops
Many locals prefer to exchange their currency at currency exchange shops. Popular choices include Kin Shing, Birdy Exchange, and Ngau Kee. These shops offer competitive rates with no commission charges. It's advisable to compare the rates offered by different exchange shops before making a decision.
Currency exchange comparison in Hong Kong: Exchange Shops vs Banks
Banks | Exchange Shops |
Most banks support a wide variety of currency options | Shops may have limited currency options compared to popular ones, such as USD, YEN, and EURO |
Convenient locations throughout Hong Kong | Depending on the shop, some have only a single branch, while others have many |
Banks may have slightly lower exchange rates | Currency exchange shops offer competitive rates |
Banks typically charge a small amount of fees | Most currency exchange shops do not charge fees |
Where is the best place to exchange currency in Hong Kong?
While the best place to exchange currency in Hong Kong depends on your specific needs and preferences, here are a few popular currency exchange shops to consider:
Currency Exchange Shops in Hong Kong: Birdy Exchange
Birdy Exchange has earned a solid reputation in the industry and is committed to providing quality services for tourists. It offers its currency exchange services without any commissions or handling fees. To get quotes and make reservations, you can simply reach out via WhatsApp. They guarantee to secure the daily exchange amount and rates for you.
Information of Birdy Exchange
Address: Birdy Exchange, 261A Cheung Sha Wan Road, Sham Shui Po, Kowloon WhatsApp: 6990 6196 Business Hours: Mon-Fri 12:00-20:00, Sat 12:00-17:00, Closed on Sundays and Public Holidays
Currency Exchange Shops in Hong Kong: Ngau Kee Money Changer
Established in 1930, Ngau Kee Money Changer offers one-stop foreign exchange services. After placing an online order for your preferred foreign currency, you can avoid queuing by using the premium counter for collection. Simply bring your reference number and collect your order on the same business day. This is an excellent option if you're in a hurry and don't want to waste time in line.
Information of Ngau Kee Money Changer
Address: G/F., Champion Building, 1 Cleverly Street, Sheung Wan Phone Number: 2544 1851 Whatsapp: 2542 8701 Business Hours: Mon-Fri 9:00-17:30, Sat 9:00-13:00, Closed on Sundays and Public Holidays
Currency Exchange Shops in Hong Kong: Little Girl Exchange
Little Girl Exchange offers the benefit of no minimum exchange requirements or commission fees. A notable advantage is its App availability on both Android and iOS. This feature allows customers to reserve and complete orders at the shop. The entire process can be finished within 10 seconds, offering superior convenience.
Information of Little Girl Exchange
Address: Shop A, G/F, General Commercial Building, 156-164 Des Voeux Rd. Central, Sheung Wan, Hong Kong Phone Number: 2915 4812 Phone Number for Complaints and WhatsApp: 6715 9995 Business Hours: Mon-Fri 9:00-19:00, Sat-Sun 10:00-16:00, Closed on Public Holidays
Premium
HK$185.40
- Medical Expenses
- HK$1,500,000
- Travel Cancellation
- HK$20,000
- Loss/Damage of Baggage
- HK$15,000
- PremiumPremium
HK$30940% Off - HK$185.40
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Currency Exchange Shops in Hong Kong: Kin Shing Money Exchange
Kin Shing Money Exchange, established in 1968, is one of the most renowned currency exchange shops in Hong Kong. With over 50 years of experience and a prime location at Chung King Mansion in the heart of Tsim Sha Tsui, it's a trusted name in the industry.
However, Kin Shing does not offer reservation services. For any queries, you'll need to call and subsequently visit the store for currency exchange.
Information of Kin Shing Money Exchange
Address: Shop 87, G/F, Chungking Mansion, 36-44 Nathan Road, Tsim Sha Tsui Phone Number: 2368 0084/ 2368 3712/ 2366 4952 Business Hours: Mon-Fri 9:00-18:00, Sat 9:00-14:00, Closed on Sundays and Public Holidays
Currency Exchange Shops in Hong Kong: Dor Fortune Foreign Exchange
Dor Fortune Foreign Exchange has years of experience in providing foreign exchange and remittance services to various countries, including Mainland China, Southeast Asia, and Europe. A significant advantage is its numerous branches across Kowloon and the New Territories, making it highly convenient for residents of these regions.
Dor Fortune accepts online reservations for foreign currency, however, please note that you’ll need to pay a deposit, which varies based on the reservation amount. The minimum deposit is HKD 500. If the deposit is paid before noon, you can collect your bank notes after 17:00 the same day.
Information of Dor Fortune Foreign Exchange
Dor Fortune Foreign Exchange Addresses | Phone Number/ WhatsApp | Business Hours |
Shop 2, G/F, Crown Industrial Building, No.106 How Ming Street, Kwun Tong | 2327 9731 / 9435 9212 | Mon-Fri 9:30-18:30 Closed on Saturdays, Sundays, and Public Holidays |
Shop 4010, 4/F, Gateway Arcade, Harbour City, Tsim Sha Tsui | 2242 3323 / 9313 2031 | Mon-Sun 10:00-19:00 |
Unit 1A, G/F, Fook Hong Industrial Building, No.19 Sheung Yuet Road, Kowloon Bay | 2522 0220 / 9439 1191 | Mon-Fri 9:30-18:30 Closed on Saturdays, Sundays, and Public Holidays |
Shop 3, Yuen Long Commercial Centre, 18-24 Kau Yuk Road, Yuen Long | 2152 8002 / 5648 4842 | Mon-Sun 9:00-19:00 |
Currency Exchange Shops in Hong Kong: King Chi Money Exchange
King Chi Money Exchange specialises in RMB and other foreign currency exchange, along with remittances to Mainland China and other parts of the world.
With 14 branches spread across the New Territories, Kowloon, and Hong Kong, King Chi is one of the most widely spread currency exchange shops in Hong Kong. They offer convenient online order services, allowing both non-members and members to place orders up to the equivalent of HKD 20,000 and HKD 50,000, respectively, without requiring a deposit.
Information of King Chi Money Exchange
King Chi Money Exchange Addresses | Phone Number/ WhatsApp | Business Hours |
Shop D, Ground Floor, 113 Johnston Road, Wan Chai | 2575 7528 / 6670 3689 | Mon-Fri 9:00-18:30 Sat-Sun 9:00-18:00 |
G4, G/F, Goodfit Commercial Building, 7 Fleming Road, Wan Chai | 2383 3686 / 9880 5131 | Mon-Fri 9:00-18:30 Sat-Sun 9:00-18:00 |
Shop G, 8 North Point Road, North Point | 2578 6689 / 6670 3328 | Mon-Fri 9:00-18:30 Sat-Sun 9:00-18:00 |
Shop 6, G / F, 993 King's Road, Quarry Bay | 2811 9122 / 6670 3228 | Mon-Fri 9:00-18:30 Sat-Sun 9:00-18:00 |
Shop G10, Chevalier Commercial Centre, No 8 Wang Hoi Road, Kowloon Bay | 2952 3170 / 6670 3200 | Mon-Fri 9:00-18:30 Sat-Sun 9:00-18:00 |
Shop B, G / F, 22 Wuhu Street, Hung Hom | 2773 6068 / 6670 3298 | Mon-Fri 9:00-18:30 Sat-Sun 9:00-18:00 |
Shop 11, 67 Mody Road, Peninsula Center, Tsim Sha Tsui East, Tsim Sha Tsui | 2724 3368 / 6670 3398 | Mon-Fri 9:00-18:30 Sat-Sun 9:00-18:00 |
Shop B6, 828 Cheung Sha Wan Road, Lai Chi Kwok | 2811 3893 / 6670 3828 or 6717 0398 | Mon-Fri 9:00-18:30 Sat 9:00-18:00 Closed on Sundays and Public Holidays |
Unit 101J, 1/F, Cheung Sha Wan Plaza, 833 Cheung Sha Wan Road, Lai Chi Kwok | 2388 8391 / 9880 5728 | Mon-Fri 9:00-18:30 Sat 9:00-18:00 Closed on Sundays and Public Holidays |
Shop 1, G/F, Foon Tak Building, 38-44 Shing Fong Street, Kwai Fong | 2423 9993 / 6670 3898 | Mon-Fri 9:00-18:30 Sat-Sun 9:00-18:00 |
Flat B3, G/F, Mai Wah Industrial Building, 1-7 Wah Sing Street, Kwai Hing | 2400 8008 / 6670 3868 | Mon-Fri 9:00-18:30 Closed on Saturdays, Sundays, and Public Holidays |
Shop 4, G/F, South China Industrial Building, 1 Chun Pin Street, Kwai Chung | 2429 1881 / 6670 3968 | Mon-Fri 9:00-18:30 Closed on Saturdays, Sundays, and Public Holidays |
Shop A-AA, G/F., 237 Sha Tsui Road, Tsuen Wan | 2408 7128 / 6670 3698 or 6717 9883 | Mon-Fri 9:00-18:30 Sat-Sun 9:00-18:00 |
Shop C, 33 Wo Tik Street, Tsuen Wan | 2749 9388 / 6670 3368 | Mon-Fri 9:00-18:30 Sat-Sun 9:00-18:00 |
Currency Exchange Shops in Hong Kong: Ngan Fung Money Exchange Company
Ngan Fung Money Exchange Company is renowned in the industry for its competitive exchange rates and efficient services, serving both individual and corporate clients. If you want to secure the best rate, simply make a reservation via WhatsApp and collect your reserved currency the same day.
Information of Ngan Fung Money Exchange Company
Address: Shop 8, G/F, W668, 680 Castle Peak Road, Lai Chi Kok Phone Number or WhatsApp: 2117 2598 Business Hours: Mon-Sat 9:30-19:00, Sundays and Public Holidays 10:00-18:00
Currency Exchange Shops in Hong Kong: Loyal Company Money Exchange
Loyal Company Money Exchange is a well-established currency exchange shop located in the heart of Tsim Sha Tsui. They offer a wide variety of currency exchange options without charging service or commission fees for transactions. No reservations are required, and they accept FPS payments, which is ideal if you are hesitant to carry a large amount of cash.
Information of Loyal Company Money Exchange
Address: Room 508, 5/F, Sands Building, 17 Hankow Road, Tsim Sha Tsui Whatsapp: 2376 0698 Business Hours: Mon-Fri 9:30-18:00, Sat 10:00-14:00, Closed on Sundays and Public Holidays
Premium
HK$319.20
- Overseas Medical Expenses
- HK$750,000
- Trip Cancellation
- HK$15,000
- Loss/Damage of Baggage
- HK$10,000
- PremiumPremium
HK$39920% Off - HK$319.20
Currency exchange rates comparison
When it comes to exchanging currencies in Hong Kong, it's crucial to compare the rates offered by both exchange shops and banks. The sell rate determines the amount of Hong Kong dollars (HKD) you need to pay for one unit of the foreign currency. For instance, if the sell rate for USD is 7.85, you will receive USD$1 per HKD$7.85. In general, a lower sell rate is more favorable.
As of 6th Feb 2025, let's take a closer look at the rates from both exchange shops and banks:
Currency Exchange Shop/Bank | USD to HKD | JPY to HKD | RMB to HKD | EURO to HKD | THB to HKD |
Birdy Exchange | 7.785 | 0.0515 | 0.925 (1.0695) | 8.14 | 0.2375 |
Ngau Kee | 7.807 | 0.0514 | 1.074 | 8.12 | 0.2354 |
Little Girl | 7.77 | 0.5112 | 0.9382 (1.0659) | 8.088 | 0.2327 |
Kin Shing | 7.78 | 0.0512 | 1.0695 | 8.12 | 0.2364 |
Dor Fortune | 7.779 | 0.0513 | 0.932 (1.0730) | 8.15 | 4.29 (0.2331) |
King Chi Money | 7.8 | 0.0516 | 0.933 (1.0718) | 7.99 | 0.228 |
Ngan Fung | 7.771 | 0.0511 | 0.938 (1.0661) | 8.09 | 0.2327 |
Loyal Company | 7.79 | 0.0515 | 1.074 | 8.14 | 0.239 |
Travelex | 7.82 | 0.0514 | 1.0802 | 8.16 | 0.2423 |
Bank of China (BOC) | 7.8133 | 0.0514 | 1.076 | 8.14 | 0.2361 |
HSBC | 7.85 | 0.05182 | 1.0817 | 8.195 | 0.2448 |
The Bank of East Asia (BEA) | 7.8 | 0.0513 | 1.073 | 8.104 | 0.235 |
*Cash sell rate only. Some exchange rates are calculated to address formatting discrepancies across different currency exchange shops.
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Tips for Currency Exchange in Hong Kong
Keep these tips in mind to ensure a smooth currency exchange experience in Hong Kong:
- Time and Location: Choose banks or exchange shops located nearby to ensure easy access.
- Advance Booking: During peak travel seasons, consider booking foreign currencies online or by phone in advance to secure your desired rates and availability.
- Keep Proof of Exchange: Always keep receipts or other proofs of exchange for future accounting needs.
- Telegraphic Transfer: If you have a foreign currency or comprehensive account at banks in Hong Kong, consider telegraphic transfer for better rates. However, keep in mind that banks often charge handling fees ranging from tens to over a hundred dollars.
- Exchange Amount: For smaller exchange amounts, it is important to consider both the handling fee and the exchange rate. Many money exchange shops do not require a minimum exchange amount or charge a handling fee, making them a more preferable option than banks.
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