HKD · $
Hong Kong Dollar (HKD)
The Hong Kong dollar (HKD) is the official currency of Hong Kong, pegged to the US dollar within a band of 7.75 to 7.85 per USD.
Convert this currency
Converted amount
0.1275 USD
Exchange rate
1 HKD = 0.127483 USD
Updated
8/9/2026 12:00 AM
Source
ApiForex Managed Source 3
HKD · Hong Kong Dollar
Hong Kong Dollar (HKD) Overview
The Hong Kong dollar (HKD) has been the official currency of Hong Kong since 1935, when it replaced the silver dollar. It is issued by the Hong Kong Monetary Authority (HKMA) and three commercial banks. The currency is subdivided into 100 cents, with banknotes in denominations of HKD 10, 20, 50, 100, 500, and 1,000, and coins in denominations of 10, 20, and 50 cents, and HKD 1, 2, 5, and 10.
Since 1983, the HKD has been pegged to the US dollar within a band of 7.75 to 7.85 per USD, a system known as the linked exchange rate system. This peg provides stability for Hong Kong's open economy, which relies heavily on international trade and finance. The HKMA intervenes in the foreign exchange market to maintain the band, buying or selling HKD as needed.
As a major financial hub, Hong Kong's currency is widely traded and held as a reserve currency in the region. The HKD is also used in neighboring Macau, where it is accepted alongside the Macanese pataca. Understanding the HKD is essential for businesses and investors engaging with Hong Kong's dynamic economy.
- Code
- HKD
- Symbol
- $
- Current rate
- USD / HKD
Currency information
Last updated · 8/7/2026
The Hong Kong dollar was introduced in 1863.
- Official name
- Hong Kong Dollar
- Legal tender status
- Legal tender in Hong Kong
- Decimal places
- 2
- Minor unit
- Cent · 1 HKD = 100 Cent
- Countries
- Hong Kong
- Issuing authority
- Hong Kong Monetary Authority
- Central bank
- Hong Kong Monetary Authority · Official website
- Exchange-rate regime
- Linked exchange rate system
Common banknotes
HK$10 · HK$20 · HK$50 · HK$100 · HK$500 · HK$1000
Common coins
10 cents · 20 cents · 50 cents · HK$1 · HK$2 · HK$5 · HK$10
Also known as
HK dollar · Hong Kong currency · Hong Kong Dollar · HKD · HK$
Practical notes
- The Hong Kong dollar is pegged to the US dollar within a band of 7.75 to 7.85.
Priority currency pairs
The most useful conversions for this currency.
Hong Kong Dollar questions
What is the HKD exchange rate?
The displayed rate is the latest available reference rate for USD/HKD. It can change throughout the day.
How can I convert HKD online?
Use the converter above to calculate indicative amounts between HKD and the other supported currencies.