Hong Kong dollar united states dollar exchange rate history (HKD USD) October 2023

Hong Kong dollar united states dollar history for October 2023. The highest quote for this month is 0.12785 (11/10/2023) and the lowest 0.12795 (11/10/2023). The difference between high and low is -0.08.

HKD USD average rate for October 2023 is 0.12779, the change between 01/10/2023 and 31/10/2023 is -0.13 %.

01 October 2023	1 HKD = 0.1277 USD
03 October 2023	1 HKD = 0.1277 USD
04 October 2023	1 HKD = 0.1277 USD
06 October 2023	1 HKD = 0.1277 USD
07 October 2023	1 HKD = 0.1277 USD
08 October 2023	1 HKD = 0.1277 USD
09 October 2023	1 HKD = 0.1277 USD
10 October 2023	1 HKD = 0.1277 USD
11 October 2023	1 HKD = 0.1279 USD
13 October 2023	1 HKD = 0.1278 USD
16 October 2023	1 HKD = 0.1278 USD
17 October 2023	1 HKD = 0.1279 USD
18 October 2023	1 HKD = 0.1278 USD
19 October 2023	1 HKD = 0.1277 USD
20 October 2023	1 HKD = 0.1278 USD
21 October 2023	1 HKD = 0.1278 USD
22 October 2023	1 HKD = 0.1278 USD
23 October 2023	1 HKD = 0.1278 USD
24 October 2023	1 HKD = 0.1278 USD
25 October 2023	1 HKD = 0.1278 USD
26 October 2023	1 HKD = 0.1279 USD
27 October 2023	1 HKD = 0.1279 USD
28 October 2023	1 HKD = 0.1279 USD
29 October 2023	1 HKD = 0.1279 USD
30 October 2023	1 HKD = 0.1279 USD
31 October 2023	1 HKD = 0.1279 USD

18/05/2005: Removal of Ten Hong Kong Dollars Note

The Hong Kong Monetary Authority announced the removal of the HKD 10 paper note from circulation, encouraging the usage of electronic payment methods and reducing printing costs.

01/07/1997: Hong Kong's Handover to China

Hong Kong was officially handed over to China, marking the end of British colonial rule but maintaining the Hong Kong Dollar as its currency under the 'one country, two systems' principle.

17/10/1991: Linked Exchange Rate System

The Linked Exchange Rate System (LERS) was implemented, establishing a narrow trading range of HKD 7.75 to 7.85 against the U.S. Dollar, backed by stringent measures to maintain stability.

31/12/1983: Joint Declaration on the Future of Hong Kong

The Sino-British Joint Declaration was signed, affirming Hong Kong's return to China in 1997 and ensuring the continuity of the Hong Kong Dollar as its official currency.

22/05/1972: Pegging to the U.S. Dollar

As the British Pound faced pressures in the foreign exchange market, Hong Kong decided to switch the peg to the U.S. Dollar at a rate of HKD 5.65 to USD 1.

12/09/1935: Pegging to the Sterling

The Hong Kong Dollar was pegged to the British Pound (Sterling) at a fixed exchange rate of HKD 16 to GBP 1, which helped stabilize the currency.

01/01/1863: Introduction of the Hong Kong Dollar

The Hong Kong Dollar was first introduced as an official currency by the British colonial government to facilitate trade and commerce in Hong Kong.