string hexValues = "48 65 6C 6C 6F 20 57 6F 72 6C 64 21";
string[] hexValuesSplit = hexValues.Split(' ');
foreach (string hex in hexValuesSplit)
{
    // Convert the number expressed in base-16 to an integer.
    int value = Convert.ToInt32(hex, 16);
    // Get the character corresponding to the integral value.
    string stringValue = Char.ConvertFromUtf32(value);
    char charValue = (char)value;
    Console.WriteLine("hexadecimal value = {0}, int value = {1}, char value = {2} or {3}",
                        hex, value, stringValue, charValue);
}
/* Output:
    hexadecimal value = 48, int value = 72, char value = H or H
    hexadecimal value = 65, int value = 101, char value = e or e
    hexadecimal value = 6C, int value = 108, char value = l or l
    hexadecimal value = 6C, int value = 108, char value = l or l
    hexadecimal value = 6F, int value = 111, char value = o or o
    hexadecimal value = 20, int value = 32, char value =   or
    hexadecimal value = 57, int value = 87, char value = W or W
    hexadecimal value = 6F, int value = 111, char value = o or o
    hexadecimal value = 72, int value = 114, char value = r or r
    hexadecimal value = 6C, int value = 108, char value = l or l
    hexadecimal value = 64, int value = 100, char value = d or d
    hexadecimal value = 21, int value = 33, char value = ! or !
*/