The real CHF/HKD rate
The interbank (mid-market) rate as the basis; the ibani margin, from 0.40% to 0.15% depending on the amount, is shown separately.
Change your Swiss francs (CHF) into Hong Kong dollars (HKD) at the real interbank rate, in real time. Ideal for paying a supplier, funding studies or sending money between Switzerland and Hong Kong — with a margin from 0.40% to 0.15% and no hidden fees.
The essentials to change your CHF into HKD with no nasty surprises on the rate or the fees.
The interbank (mid-market) rate as the basis; the ibani margin, from 0.40% to 0.15% depending on the amount, is shown separately.
Transparent and sliding, up to 10× cheaper than a bank. No hidden fees.
Fund your account in CHF from Switzerland; ibani converts and sends the Hong Kong dollars to the beneficiary.
ibani SA, founded in Geneva in 2018, a financial intermediary affiliated with SO-FIT, a self-regulatory organisation recognised by FINMA.
On a transfer of 10'000 CHF to Hong Kong, the margin applied to the rate makes all the difference to the amount received.
| Criterion | ibani | Bank | Exchange office |
|---|---|---|---|
| Starting rate | Real interbank | "In-house" rate | "In-house" rate |
| Exchange margin | 0.35%* | ~1.5 to 2% | Often > 2% |
| Transfer fees | 0 CHF* | Variable | — |
| Estimated cost per transfer* | ~35 CHF | ~180 CHF | > 200 CHF |
| 100% digital tracking | Yes | Partial | No |
*Indicative orders of magnitude for a transfer of 10'000 CHF to Hong Kong (i.e. the 0.35% margin tier). Transfers in currencies other than CHF and EUR may be subject to correspondent bank fees. See the details on our Rates page.
Follow the trend of the pair to choose the right moment for your exchange.
Indicative amounts, ibani margin included, updated continuously.
Reference rate as of 7 October 2026; the rate applied is the one at the time of the order.
100% digital sign-up in 5 minutes, with no opening or account maintenance fees.
Fund it by transfer in CHF from your Swiss bank and enter the beneficiary account in Hong Kong.
ibani converts your CHF into HKD at the market rate, plus a margin of 0.40% to 0.15% depending on the amount, and sends the funds to Hong Kong, with no hidden fees.
The Hong Kong dollar remains pegged to the US dollar within the 7.75–7.85 band held by the HKMA since October 1983, and traded around 7.84 in mid-August 2026. CHF/HKD is therefore, in practice, a CHF/USD in disguise.
The Swiss National Bank kept its policy rate at 0.00% at its 18 June 2026 assessment, a fourth consecutive hold, with inflation projected at 0.6% for both 2026 and 2027. Swiss inflation fell back to 0.4% year on year in July, a four-month low. The surprise of the quarter: GDP jumped 1.5% in the second quarter against expectations of 0.2% to 0.4%, driven by a 15.2% rebound in chemical and pharmaceutical exports. The next assessment is on 24 September 2026.
The Hong Kong dollar remains bounded by the HKMA between 7.75 and 7.85 to the US dollar, without interruption since October 1983. Since mid-August 2026 it has traded around 7.84, close to the weak side of the band, and Hong Kong interbank rates mechanically follow US rates. The practical consequence: a rate against the HKD moves first and foremost with the US dollar, not with Hong Kong.
All the news that matters for this pair comes from Washington, not Hong Kong: a Federal Reserve stuck between 3.50% and 3.75% and, above all, the 19 August announcement on long-dated debt buybacks that pushed the dollar lower. The franc duly rose to a two-month high against the greenback.
Benchmark on 28 August 2026: 1 CHF ≈ 9.7525 HKD. The converter at the top of this page shows the live rate.
Sources: SNB, monetary policy assessment of 18 June 2026 · Federal Statistical Office, July consumer price index published 3 August 2026 · SECO, flash GDP estimate of 14 August 2026 · Hong Kong Monetary Authority, Linked Exchange Rate System.
The rate between the Swiss franc (CHF) and the Hong Kong dollar (HKD) pits two opposing monetary logics against each other: a floating currency, a safe-haven asset steered by the Swiss National Bank (SNB), and a currency pegged to the US dollar, framed by the HKMA (Hong Kong Monetary Authority).
Since 1983, Hong Kong has operated a Linked Exchange Rate System based on a currency board: the HKD is kept within a narrow band of 7.75 to 7.85 Hong Kong dollars per 1 US dollar. The HKMA defends these bounds through convertibility undertakings and an automatic adjustment of interest rates, with no appreciation leeway specific to the currency. As a result, the HKD tracks the greenback very closely: the CHF/HKD pair behaves, give or take, like the CHF/USD rate.
In practice, the CHF/HKD dynamic depends mainly on the relationship between the SNB and the US Federal Reserve: interest rate differentials, the Swiss franc's safe-haven status in times of uncertainty, and the strength of the US dollar on global markets. For a payment bound for Hong Kong — supplier, investment, expatriation or tuition costs — a few basis points on the rate can represent a noticeable difference in the amount received.
On the same topic, discover how to change your currency online and lock in a favourable rate.
Written by Brice Delhome.
There is no universal ideal moment. As the Hong Kong dollar is pegged to the US dollar, the CHF/HKD rate largely follows the movement of the Swiss franc against the greenback, itself driven by the SNB (Swiss National Bank) and the US Federal Reserve. Monitor the real rate continuously and trigger your exchange at the moment that suits you.
With ibani, you get a personal Swiss (CH) IBAN. You transfer your Swiss francs to it, ibani converts them into Hong Kong dollars at the real market rate, plus a margin of 0.40% to 0.15% depending on the amount, then sends the funds to the beneficiary account in Hong Kong, with no hidden fees.
Since 1983, the HKMA (Hong Kong Monetary Authority) has operated a Linked Exchange Rate System based on a currency board: the Hong Kong dollar is kept within a narrow band of 7.75 to 7.85 HKD per 1 USD through convertibility undertakings and an automatic adjustment of interest rates. This stability makes the CHF/HKD pair an almost direct reflection of the CHF/USD rate.
ibani applies a transparent margin from 0.40% to 0.15% on the real interbank rate, decreasing with amounts. There are no opening or account maintenance fees. Transfers in currencies other than CHF and EUR may be subject to correspondent bank fees.
✓ Real interbank rate · ✓ Margin from 0.15% · ✓ Affiliated with SO-FIT (SRO)
* Transfers in currencies other than EUR and CHF may be subject to correspondent bank fees.
Your money is handled with the utmost regulatory rigour.
ibani SA is a FinTech company established since 2018 in the heart of Geneva, Switzerland. We are a financial intermediary audited for our activity, with thousands of clients and exchange operations to our name.
ibani SA is affiliated with SO-FIT as a financial intermediary within the meaning of Article 2 para. 3 of the Anti-Money Laundering Act (AMLA). SO-FIT is a self-regulatory organisation recognised by the Swiss Financial Market Supervisory Authority (FINMA).