Hong Kong dollar
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1 HKD = 0.197 AUD
1 AUD = 5.070 HKD
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1 HKD = 169.041 ARS
1 ARS = 0.006 HKD
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1 HKD = 381.336 BIF
1 BIF = 0.003 HKD
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1 HKD = 0.048 BHD
1 BHD = 20.782 HKD
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1 HKD = 0.884 BOB
1 BOB = 1.131 HKD
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1 HKD = 0.218 AZN
1 AZN = 4.596 HKD
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1 HKD = 11.176 BTN
1 BTN = 0.089 HKD
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1 HKD = 64.477 CRC
1 CRC = 0.016 HKD
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1 HKD = 2.679 CZK
1 CZK = 0.373 HKD
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1 HKD = 0.917 CNY
1 CNY = 1.090 HKD
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1 HKD = 0.815 DKK
1 DKK = 1.227 HKD
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1 HKD = 18.142 ETB
1 ETB = 0.055 HKD
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1 HKD = 1109.615 GNF
1 GNF = 0.001 HKD
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1 HKD = 0.823 HRK
1 HRK = 1.216 HKD
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1 HKD = 2077.515 IDR
1 IDR = 0.000 HKD
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1 HKD = 20.514 JMD
1 JMD = 0.049 HKD
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1 HKD = 11.194 KGS
1 KGS = 0.089 HKD
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1 HKD = 0.214 BAM
1 BAM = 4.683 HKD
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1 HKD = 0.231 ANG
1 ANG = 4.337 HKD
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1 HKD = 1.810 BWP
1 BWP = 0.552 HKD
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1 HKD = 0.164 BND
1 BND = 6.098 HKD
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1 HKD = 370.999 CDF
1 CDF = 0.003 HKD
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1 HKD = 0.257 BZD
1 BZD = 3.886 HKD
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1 HKD = 4319.107 BYR
1 BYR = 0.000 HKD
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1 HKD = 0.214 BGN
1 BGN = 4.683 HKD
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1 HKD = 0.177 CAD
1 CAD = 5.652 HKD
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1 HKD = 16.601 DZD
1 DZD = 0.060 HKD
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1 HKD = 1.920 ERN
1 ERN = 0.521 HKD
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1 HKD = 6.207 EGP
1 EGP = 0.161 HKD
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1 HKD = 0.290 FJD
1 FJD = 3.452 HKD
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1 HKD = 0.095 GBP
1 GBP = 10.569 HKD
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1 HKD = 0.095 FKP
1 FKP = 10.569 HKD
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1 HKD = 0.981 GTQ
1 GTQ = 1.019 HKD
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1 HKD = 1.000 HKD
1 HKD = 1.000 HKD
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1 HKD = 43.156 HUF
1 HUF = 0.023 HKD
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1 HKD = 167.618 IQD
1 IQD = 0.006 HKD
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1 HKD = 5381.853 IRR
1 IRR = 0.000 HKD
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1 HKD = 53.715 KMF
1 KMF = 0.019 HKD
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1 HKD = 177.000 KRW
1 KRW = 0.006 HKD
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1 HKD = 10.649 ALL
1 ALL = 0.094 HKD
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1 HKD = 15.558 BDT
1 BDT = 0.064 HKD
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1 HKD = 0.229 AWG
1 AWG = 4.365 HKD
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1 HKD = 0.694 BRL
1 BRL = 1.441 HKD
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1 HKD = 0.000 BCH
1 BCH = 4701.564 HKD
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1 HKD = 0.000 BTC
1 BTC = 868222.222 HKD
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1 HKD = 0.470 AED
1 AED = 2.128 HKD
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1 HKD = 117.082 AOA
1 AOA = 0.009 HKD
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1 HKD = 0.128 BSD
1 BSD = 7.814 HKD
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1 HKD = 123.018 CLP
1 CLP = 0.008 HKD
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1 HKD = 0.432 BYN
1 BYN = 2.315 HKD
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1 HKD = 513.030 COP
1 COP = 0.002 HKD
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1 HKD = 3.071 CUP
1 CUP = 0.326 HKD
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1 HKD = 0.000 ETH
1 ETH = 37387.560 HKD
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1 HKD = 0.109 EUR
1 EUR = 9.159 HKD
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1 HKD = 3.350 HNL
1 HNL = 0.299 HKD
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1 HKD = 9.295 GMD
1 GMD = 0.108 HKD
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1 HKD = 0.095 GIP
1 GIP = 10.569 HKD
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1 HKD = 16.743 HTG
1 HTG = 0.060 HKD
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1 HKD = 0.091 JOD
1 JOD = 11.021 HKD
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1 HKD = 18.797 JPY
1 JPY = 0.053 HKD
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1 HKD = 8.756 AFN
1 AFN = 0.114 HKD
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1 HKD = 0.256 BBD
1 BBD = 3.907 HKD
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1 HKD = 0.128 BMD
1 BMD = 7.814 HKD
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1 HKD = 49.004 AMD
1 AMD = 0.020 HKD
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1 HKD = 0.103 CHF
1 CHF = 9.752 HKD
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1 HKD = 22.783 DJF
1 DJF = 0.044 HKD
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1 HKD = 7.972 DOP
1 DOP = 0.125 HKD
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1 HKD = 12.040 CVE
1 CVE = 0.083 HKD
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1 HKD = 0.346 GEL
1 GEL = 2.894 HKD
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1 HKD = 1.406 GHS
1 GHS = 0.711 HKD
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1 HKD = 26.764 GYD
1 GYD = 0.037 HKD
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1 HKD = 0.431 ILS
1 ILS = 2.319 HKD
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1 HKD = 11.176 INR
1 INR = 0.089 HKD
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1 HKD = 15.665 ISK
1 ISK = 0.064 HKD
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1 HKD = 512.579 KHR
1 KHR = 0.002 HKD
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1 HKD = 16.534 KES
1 KES = 0.060 HKD
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1 HKD = 0.039 KWD
1 KWD = 25.590 HKD
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1 HKD = 68.801 KZT
1 KZT = 0.015 HKD
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1 HKD = 38.608 LKR
1 LKR = 0.026 HKD
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1 HKD = 1.152 MAD
1 MAD = 0.868 HKD
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1 HKD = 268.663 MMK
1 MMK = 0.004 HKD
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1 HKD = 460.170 MNT
1 MNT = 0.002 HKD
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1 HKD = 5.890 MUR
1 MUR = 0.170 HKD
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1 HKD = 51.115 MRO
1 MRO = 0.020 HKD
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1 HKD = 1.977 MVR
1 MVR = 0.506 HKD
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1 HKD = 221.927 MWK
1 MWK = 0.005 HKD
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1 HKD = 0.218 NZD
1 NZD = 4.584 HKD
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1 HKD = 17.890 NPR
1 NPR = 0.056 HKD
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1 HKD = 7.238 PHP
1 PHP = 0.138 HKD
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1 HKD = 36.271 PKR
1 PKR = 0.028 HKD
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1 HKD = 185.184 RWF
1 RWF = 0.005 HKD
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1 HKD = 0.001 LTC
1 LTC = 955.958 HKD
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1 HKD = 2.380 MXN
1 MXN = 0.420 HKD
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1 HKD = 4.706 NIO
1 NIO = 0.212 HKD
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1 HKD = 0.552 RON
1 RON = 1.812 HKD
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1 HKD = 115.174 KPW
1 KPW = 0.009 HKD
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1 HKD = 0.106 KYD
1 KYD = 9.413 HKD
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1 HKD = 11500.832 LBP
1 LBP = 0.000 HKD
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1 HKD = 0.694 LYD
1 LYD = 1.441 HKD
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1 HKD = 2771.858 LAK
1 LAK = 0.000 HKD
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1 HKD = 565.988 MGA
1 MGA = 0.002 HKD
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1 HKD = 25.667 LRD
1 LRD = 0.039 HKD
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1 HKD = 6.784 MKD
1 MKD = 0.147 HKD
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1 HKD = 2.233 LSL
1 LSL = 0.448 HKD
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1 HKD = 1.030 MOP
1 MOP = 0.971 HKD
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1 HKD = 2.152 MDL
1 MDL = 0.465 HKD
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1 HKD = 2.233 NAD
1 NAD = 0.448 HKD
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1 HKD = 0.541 MYR
1 MYR = 1.848 HKD
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1 HKD = 0.049 OMR
1 OMR = 20.311 HKD
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1 HKD = 196.505 NGN
1 NGN = 0.005 HKD
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1 HKD = 0.541 PGK
1 PGK = 1.850 HKD
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1 HKD = 0.128 PAB
1 PAB = 7.814 HKD
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1 HKD = 0.449 PEN
1 PEN = 2.226 HKD
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1 HKD = 1.286 NOK
1 NOK = 0.777 HKD
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1 HKD = 0.465 PLN
1 PLN = 2.150 HKD
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1 HKD = 927.200 PYG
1 PYG = 0.001 HKD
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1 HKD = 0.466 QAR
1 QAR = 2.147 HKD
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1 HKD = 1.088 SBD
1 SBD = 0.919 HKD
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1 HKD = 0.480 SAR
1 SAR = 2.084 HKD
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1 HKD = 0.164 SGD
1 SGD = 6.098 HKD
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1 HKD = 2910.788 SLL
1 SLL = 0.000 HKD
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1 HKD = 4.146 THB
1 THB = 0.241 HKD
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1 HKD = 3.886 TWD
1 TWD = 0.257 HKD
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1 HKD = 5.289 UAH
1 UAH = 0.189 HKD
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1 HKD = 455.937 UGX
1 UGX = 0.002 HKD
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1 HKD = 4.826 SRD
1 SRD = 0.207 HKD
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1 HKD = 2703.571 STD
1 STD = 0.000 HKD
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1 HKD = 5.247 TRY
1 TRY = 0.191 HKD
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1 HKD = 0.869 TTD
1 TTD = 1.151 HKD
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1 HKD = 0.308 TOP
1 TOP = 3.245 HKD
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1 HKD = 1588.905 UZS
1 UZS = 0.001 HKD
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1 HKD = 30.740 YER
1 YER = 0.033 HKD
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1 HKD = 2.233 ZAR
1 ZAR = 0.448 HKD
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1 HKD = 12.794 RSD
1 RSD = 0.078 HKD
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1 HKD = 10.309 RUB
1 RUB = 0.097 HKD
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1 HKD = 73.019 SOS
1 SOS = 0.014 HKD
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1 HKD = 1.120 SVC
1 SVC = 0.893 HKD
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1 HKD = 1663.937 SYP
1 SYP = 0.001 HKD
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1 HKD = 2.233 SZL
1 SZL = 0.448 HKD
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1 HKD = 0.373 TND
1 TND = 2.682 HKD
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1 HKD = 5.128 UYU
1 UYU = 0.195 HKD
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1 HKD = 3372.716 VND
1 VND = 0.000 HKD
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1 HKD = 15.356 VUV
1 VUV = 0.065 HKD
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1 HKD = 0.348 WST
1 WST = 2.877 HKD
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1 HKD = 71.620 XAF
1 XAF = 0.014 HKD
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1 HKD = 0.346 XCD
1 XCD = 2.887 HKD
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1 HKD = 1.825 SCR
1 SCR = 0.548 HKD
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1 HKD = 1.216 SEK
1 SEK = 0.823 HKD
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1 HKD = 0.095 SHP
1 SHP = 10.569 HKD
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1 HKD = 318.924 TZS
1 TZS = 0.003 HKD
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1 HKD = 0.128 USD
1 USD = 7.814 HKD
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1 HKD = 13.029 XPF
1 XPF = 0.077 HKD
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1 HKD = 71.620 XOF
1 XOF = 0.014 HKD
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Evolution of the HKD Exchange Rate
The Hong Kong dollar (HKD) exchange rate has generally been pegged to the US dollar (USD) since 1983. This fixed exchange rate regime has remained stable over the years. However, there have been instances where the HKD was at the lower or upper end of the trading band set by the Hong Kong Monetary Authority (HKMA). For example, during the Asian Financial Crisis in 1997, the HKD faced speculative attacks and came very close to hitting the lower limit. In recent years, the HKD has experienced some depreciation against the USD due to factors such as tighter monetary policy in the US and trade tensions between the US and China.
Variations in the HKD Exchange Rate
While the HKD is considered a stable currency due to its peg to the USD, it is not completely immune to market forces. The exchange rate may fluctuate within a narrow band due to various factors like interest rate differentials, economic conditions in Hong Kong, and global market dynamics. In addition, the HKMA allows limited flexibility for the HKD to deviate from the exchange rate band to accommodate temporary market fluctuations.
Significance of HKD in the Global Economy
The HKD plays a significant role in the global economy due to Hong Kong's status as a major international financial center. It is widely used for international trade and investment in the region. Hong Kong's openness to foreign capital and its well-developed financial market contribute to the demand for HKD. The stable exchange rate regime also provides confidence to businesses and investors operating in Hong Kong.
Shocks Experienced by HKD and Correlation with Other Currencies
The HKD can be impacted by various external shocks, such as changes in global financial conditions or geopolitical events. For example, during the global financial crisis in 2008, there were concerns about the potential spillover effects on Hong Kong's economy and its currency. The correlation between HKD and other currencies, particularly the USD, is high due to its fixed exchange rate regime. Movements in the USD often have a direct impact on the HKD exchange rate. However, the HKD may also be influenced by factors specific to Hong Kong, such as domestic economic conditions and policies implemented by the HKMA.