A fragrant hanging ornament has a shell, an absorbing element and a ring. The shell has a chamber and a cover. The cover has a positioning recess, a passage and at least one outlet. The passage is formed in the cover and is in communication with the positioning recess and the at least one outlet. The absorbing element is mounted in the positioning recess and is inserted into the chamber. The ring is mounted on the cover. The absorbing element absorbs a liquid fragrance product in the chamber, and the scent of the liquid fragrance product is diffused through the passage and out of the at least one outlet. A rope can be inserted through the ring, and the combination of the fragrant hanging ornament and the rope is taken as a necklace or a bracelet, so the fragrant hanging ornament is convenient to carry.