Historic New Zealand Dollar Hong Kong dollar

New Zealand Dollar hong kong dollar history for January 2024. The highest quote for this month is 4.9421 (01/01/2024) and the lowest 4.937 (01/01/2024). The difference between high and low is 0.1.

NZD HKD average rate for January 2024 is 4.83217, the change between 01/01/2024 and 31/01/2024 is +2.86 %.

01 January 20241 NZD = 4.934 HKD
02 January 20241 NZD = 4.932 HKD
03 January 20241 NZD = 4.884 HKD
04 January 20241 NZD = 4.881 HKD
05 January 20241 NZD = 4.866 HKD
06 January 20241 NZD = 4.877 HKD
07 January 20241 NZD = 4.883 HKD
08 January 20241 NZD = 4.881 HKD
09 January 20241 NZD = 4.880 HKD
10 January 20241 NZD = 4.876 HKD
11 January 20241 NZD = 4.872 HKD
12 January 20241 NZD = 4.880 HKD
13 January 20241 NZD = 4.885 HKD
14 January 20241 NZD = 4.886 HKD
15 January 20241 NZD = 4.874 HKD
16 January 20241 NZD = 4.843 HKD
17 January 20241 NZD = 4.806 HKD
18 January 20241 NZD = 4.782 HKD
19 January 20241 NZD = 4.787 HKD
20 January 20241 NZD = 4.779 HKD
21 January 20241 NZD = 4.782 HKD
22 January 20241 NZD = 4.783 HKD
23 January 20241 NZD = 4.748 HKD
24 January 20241 NZD = 4.774 HKD
25 January 20241 NZD = 4.776 HKD
26 January 20241 NZD = 4.776 HKD
27 January 20241 NZD = 4.761 HKD
28 January 20241 NZD = 4.763 HKD
29 January 20241 NZD = 4.761 HKD
30 January 20241 NZD = 4.794 HKD
31 January 20241 NZD = 4.793 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.
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