Historic New Zealand Dollar Hong Kong dollar

New Zealand Dollar hong kong dollar history for December 2023. The highest quote for this month is 4.9467 (28/12/2023) and the lowest 5.1952 (25/12/2023). The difference between high and low is -5.02.

NZD HKD average rate for December 2023 is 4.86086, the change between 01/12/2023 and 31/12/2023 is -2.73 %.

01 December 20231 NZD = 4.809 HKD
02 December 20231 NZD = 4.853 HKD
03 December 20231 NZD = 4.842 HKD
04 December 20231 NZD = 4.857 HKD
05 December 20231 NZD = 4.818 HKD
06 December 20231 NZD = 4.796 HKD
07 December 20231 NZD = 4.796 HKD
08 December 20231 NZD = 4.813 HKD
09 December 20231 NZD = 4.781 HKD
10 December 20231 NZD = 4.781 HKD
11 December 20231 NZD = 4.783 HKD
12 December 20231 NZD = 4.780 HKD
13 December 20231 NZD = 4.793 HKD
14 December 20231 NZD = 4.836 HKD
15 December 20231 NZD = 4.851 HKD
16 December 20231 NZD = 4.845 HKD
17 December 20231 NZD = 4.845 HKD
18 December 20231 NZD = 4.845 HKD
19 December 20231 NZD = 4.844 HKD
20 December 20231 NZD = 4.891 HKD
21 December 20231 NZD = 4.882 HKD
22 December 20231 NZD = 4.916 HKD
23 December 20231 NZD = 4.918 HKD
24 December 20231 NZD = 4.921 HKD
25 December 20231 NZD = 4.935 HKD
26 December 20231 NZD = 4.925 HKD
27 December 20231 NZD = 4.941 HKD
28 December 20231 NZD = 4.959 HKD
29 December 20231 NZD = 4.949 HKD
30 December 20231 NZD = 4.941 HKD
31 December 20231 NZD = 4.941 HKD

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

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.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

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.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.

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.