Decryption XoR PHP

<?php
function hexToStr($hex)
{
    $string='';
    for ($i=0; $i < strlen($hex)-1; $i+=2)
    {
        $string .= chr(hexdec($hex[$i].$hex[$i+1]));
    }
    return $string;
}

function convert($text, $key = '') {
    // return text unaltered if the key is blank
    if ($key == '') {
        return $text;
    }

    // remove the spaces in the key
    $key = str_replace(' ', '', $key);
    if (strlen($key) < 8) {
        exit('key error');
    }
    // set key length to be no more than 32 characters
    $key_len = strlen($key);
    if ($key_len > 32) {
        $key_len = 32;
    }

    // A wee bit of tidying in case the key was too long
    $key = substr($key, 0, $key_len);

    // We use this a couple of times or so
    $text_len = strlen($text);

    // fill key with the bitwise AND of the ith key character and 0x7C, padded to length of text.
    $lomask = str_repeat("\x7C", $text_len); // Probably better than str_pad
    $himask = str_repeat("\x00", $text_len);
    $k = str_pad("", $text_len, $key); // this one _does_ need to be str_pad

    // {en|de}cryption algorithm
    $text = (($text ^ $k) & $lomask) | ($text & $himask);

    return $text;
}

echo convert(hexToStr('5E5C535C584B40584A4A4E564B5D4503510755020402080C580A015D0D0A5A010206070C0E025C000F005D080E5F5D'), '1234567899999999');

echo "\n";

?>