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  • As per RBI norms, the GST is applicable as per travellers.
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  • As per RBI norms, the GST is applicable as per travellers.
  • This amount is calculated considering one traveller. You can further add/edit travellers in preconfirmation page which can impact the total amount.
  • You may block foreign currency by paying 2% of total transaction value. This blocked rate will be valid for 2 working days.
  • Disclaimer Note for TCS
    (i) Tax Collection at Source (TCS) at the rate of 0.5% or 5% as applicable will be levied under section 206C(1G)(b) of the Income Tax Act on remittance on account of Education purpose or Medical purpose, if the aggregate amount exceeds Rs.7,00,000 in a financial year under the Liberalized Remittance Scheme of the Reserve Bank of India.
    (ii) Tax Collection at Source (TCS) at the rate of 20% will be levied under section 206C(1G)(b) of the Income Tax Act on all other remittances not covered in (i) above without any threshold limit in a financial year under the Liberalised Remittance Scheme of the Reserve Bank of India.The TCS collected will be reflected in the 26AS of the payer for claiming Income Tax credit.
  • Disclaimer Note for non-refund of TCS
    In the event of cancellation of services and refund of amount, Tax collected at source under section 206C(1G) of the Income Tax Act, 1961 shall not be refunded. The non-refunded TCS will be reflected in the 26AS of the payer for claiming Income Tax credit.
  • Disclaimer Note for TCS
    (i) Tax Collection at Source (TCS) at the rate of 0.5% or 5% as applicable will be levied under section 206C(1G)(b) of the Income Tax Act on remittance on account of Education purpose or Medical purpose, if the aggregate amount exceeds Rs.7,00,000 in a financial year under the Liberalized Remittance Scheme of the Reserve Bank of India.
    (ii) Tax Collection at Source (TCS) at the rate of 20% will be levied under section 206C(1G)(b) of the Income Tax Act on all other remittances not covered in (i) above, if the aggregate amount exceeds Rs.7,00,000 in a financial year under the Liberalized Remittance Scheme of the Reserve Bank of India.
    The TCS collected will be reflected in the 26AS of the payer for claiming Income Tax credit.
  • Disclaimer Note for non-refund of TCS
    In the event of cancellation of services and refund of amount, Tax collected at source under section 206C (1G) of the Income Tax Act, 1961 shall not be refunded. The non-refunded TCS will be reflected in the 26AS of the payer for claiming Income Tax credit.
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INR to HKD Converter

IND INR
HKD

Buy, Sell or Transfer Hong Kong Dollar (HKD) in India at the best exchange rates

Currency Rate Today

Currency Name Buy Rate (Card Rate) Sell Rate
View Detailed Rate card

Indian Rupee (INR) to Hong Kong Dollar (HKD)

If you are planning your upcoming Hong Kong trip, then you should know the INR to HKD exchange rate. Knowing the on-going forex rates  can help you plan your vacation better. Knowing the value of 1 INR to HDK can give you an insight on how much forex you will require for your upcoming trip.  Hong Kong is located in southeastern China. It is a former British Colony; however, its vibe and urban culture will leave you stunned. Bustling streets, cloud-touching skyscrapers, architectural landmarks, and popular luxury shopping destinations is what you must expect from Hong Kong. 
 
Hong Kong Dollar Rate in Top Cities
Hong Kong Dollar Rate in Kalyani
Hong Kong Dollar Rate in Delhi
Hong Kong Dollar Rate in Kolkata
Hong Kong Dollar Rate in Bangalore
Hong Kong Dollar Rate in Chennai
Hong Kong Dollar Rate in Kota
Hong Kong Dollar Rate in Hoshiarpur


Experienced travelers recommend converting INR to Hong Kong Dollar  in India and from a trustworthy foreign exchange  partner. Doing so not only safeguards you from the hassle of finding a forex vendor in Hong Kong, but also marginally improves the INR to Hong Kong Dollar rate.

Importance of the Hong Kong Dollar

HKD is the currency code for the Hong Kong Dollar. The HKD or the Hong Kong Dollar is the official monetary unit of Hong Kong. The Hong Kong Dollar is also used in Macau where the local currency of Macau is pegged to the Hong Kong Dollar. The HKD is considered an important currency as it is traded widely in the foreign exchange market.

Introduction of the Hong Kong Dollar

The history of the Hong Kong Dollar is varied as it has been using a lot of currencies.
1. As per historic records, Hong Kong started using the currency in 1841. It used the Indian Rupee, Spanish reales, Chinese coins, and Mexican reales as a form of currency.
2. Then the Royal Mint in London started minting Hong Kong Dollars in 1863.
3. Hong Kong then pegged its currency to the British Pound Sterling  in the year 1935.
4. When Japan occupied Hong Kong only the Japanese yen  was used as the legal monetary unit.
5. Since 1972, the Hong Kong Dollar or HKD is actually pegged at an exchange rate of 1 USD = 5.65 HKD to USD.

The Hong Kong Monetary Authority also referred to as HKMA is the central bank. It authorises the HSBC Bank, the Standard Chartered Bank, and the Bank of China to issue banknotes. The currency notes  denominations under circulation are HK$ 10, HK$ 20, HK$ 50, HK$ 100, HK$ 500, HK$ 1,000. The coin denominations under circulation are 10¢, 20¢, 50¢, HK$ 1, HK$ 2, HK$ 5, HK$ 10. The Hong Kong Dollar is also nicknamed the ‘honkie’.


Factors that affect the exchange of the Hong Kong Dollar to INR


All currencies in the foreign market fluctuate so it is imperative to understand the factors that affect the exchange rate of these currencies. Following are some factors that affect the exchange rate  of the Hong Kong Dollar to the Indian Rupee.
1. The economic health of India affects the exchange rate of the Indian Rupee.
2. Interest Rates prevailing in India will affect the foreign currency exchange rate as higher interest rates will attract foreign investments and vice versa.
3. The political stability prevailing in the country will affect the exchange rate as foreign countries will show faith in a government that is loved by its people.
4. Commodity Prices.
5. The balance of Trade is an indicator that affects the exchange rate. 


Convert Hong Kong Dollar to INR Online as per Today’s Conversion Rate

Converting the Hong Kong Dollar to the Indian Rupee is very simple. You can either use the online currency conversion calculator or can do it yourself. For doing the conversion you need to know today’s conversion rate. Let us understand the conversion with the help of an illustration.
Mr. Roy living in Hong Kong has saved 3000 HKD which he wants to send to his family in India. So the value of 3000 HKD in the Indian Rupee is 3000 * 10.42 = 31,274.52 Rupees.

Convert Hong Kong Dollar to INR

We have seen the conversion of HKD to INR above with the help of an illustration. Now let us understand the foreign exchange conversion from the Indian Rupee perspective. Today’s conversion rate is 1 INR = 0.096 HKD i.e., the value of 1 INR is equal to 0.096 HKD. 
So, 100 Indian Rupees is equal to 9.59 HKD 

How are Hong Kong Dollar-INR Rates Determined?

The currency exchange rates are dependent on whether the currency is floating or at a fixed rate. A fixed rate determines that the currency is pegged to another currency. The Hong Kong Dollar is actually pegged to the most powerful currency of the world, i.e. the US Dollar  at 1 USD = 7.75 HKD. While the Indian Rupee is at a floating rate i.e., it is not pegged to any currency. The fixed rate determines that the performance or the exchange rate of the Hong Kong Dollar will be dependent on the performance of the USD. While as the performance of the Indian Rupee will be dependent on the economic and banking decisions of the Central government and the Reserve Bank of India.

Hong Kong Dollar and INR Overview

Hong Kong dollar and the Indian Rupee are a few of the popularly traded currencies in the foreign exchange market. However, both these currency rates fluctuate. The following table showcases the currency exchange rate fluctuation to get a clear understanding of the value of the HKD concerning the Indian Rupee.
 

Particulars

Performance of the last month

Performance of the last 3 months

High

10.490 Rupees

10.567 Rupees

Low

10.398 Rupees

10.398 Rupees

Average

10.445 Rupees

10.478 Rupees

Why Thomas Cook?  

We aim at simplifying the process of converting INR to HDK. Want to know the exchange value of 1 INR to HDK? Whether you are in India or Hong Kong, you can visit our online currency converter and know the live INR to HDK exchange rate. This 24x7 online tool eliminates the struggle of mental math which you might face while converting currencies. To convert INR to HDK, simply log on to the Thomas Cook website, enter the required details, and we will deliver your forex at your doorstep within 24 hours. If you wish to collect your forex personally, then you can visit your nearest store at your convenience.

How to Exchange Currency with Thomas Cook?

Why Thomas Cook?

Safe & Secure Transaction
Best Online Rates
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Pay Small amount now & block rates

Frequently asked questions INR to HKD

I want to sell some Hong Kong Dollars. How can Thomas Cook help me?
You may either visit one of the Thomas Cook branches or even apply online via a simple form. In either option, one of our expert representatives will connect with you to guide you on the right options as per your needs, and they will ensure that the entire process is conducted as seamlessly as possible to ensure that your experience with Thomas Cook is seamless.
Are currency notes the best option to carry for travelling?
Currency notes may not be the best however, one of the great ways of carrying currency while you are travelling. These are especially handy to take care of all your petty expenses while you are on your trip. We facilitate most of the global currencies to cater to all your travel needs. Our experts will guide you with all the necessary proceedings, and we will provide you with absolutely authentic notes to ensure you travel safe and secure without facing any unwanted hassles.
Can I pay for my Foreign Currency in Indian Rupee in cash?
Foreign exchange for your personal/business foreign trip can be purchased from Thomas Cook against rupee payment in cash only up to Rs. 50,000/-. However, if the Rupee equivalent exceeds Rs. 50,000/-, the entire payment should be made by way of a crossed cheque/ banker’s cheque/ pay order/ demand draft/ debit card / credit card / prepaid card only. Please note that providing a PAN Card is mandatory for payments above INR 25,000.
How long does it take to exchange foreign currencies?
It is a standard process with a set of mandates that need to be followed. The process involves attributes like conducting verification of the submitted document which might take just a few days before we contact the client that process is now complete. To get more clarity on the amount of time required, you connect with one of our exerts, and they will guide you on the stipulated turnaround time post the understanding of your requisition.
How do I know if the currency notes are genuine?
We have relentlessly served India for nearly 2 centuries, thereby possessing the acumen of identifying currency notes, and therefore whenever you exchange currency with us, you can be absolutely assured that we will provide you with the most genuine currency.

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