Hong Kong dollar
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1 HKD = 0.204 AUD
1 AUD = 4.901 HKD
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1 HKD = 137.145 ARS
1 ARS = 0.007 HKD
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1 HKD = 381.670 BIF
1 BIF = 0.003 HKD
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1 HKD = 0.049 BHD
1 BHD = 20.618 HKD
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1 HKD = 0.890 BOB
1 BOB = 1.123 HKD
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1 HKD = 0.219 AZN
1 AZN = 4.572 HKD
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1 HKD = 11.235 BTN
1 BTN = 0.089 HKD
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1 HKD = 64.412 CRC
1 CRC = 0.016 HKD
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1 HKD = 2.958 CZK
1 CZK = 0.338 HKD
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1 HKD = 0.932 CNY
1 CNY = 1.073 HKD
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1 HKD = 0.882 DKK
1 DKK = 1.134 HKD
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1 HKD = 16.892 ETB
1 ETB = 0.059 HKD
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1 HKD = 1113.793 GNF
1 GNF = 0.001 HKD
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1 HKD = 0.891 HRK
1 HRK = 1.123 HKD
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1 HKD = 2112.546 IDR
1 IDR = 0.000 HKD
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1 HKD = 20.238 JMD
1 JMD = 0.049 HKD
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1 HKD = 11.252 KGS
1 KGS = 0.089 HKD
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1 HKD = 0.231 BAM
1 BAM = 4.327 HKD
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1 HKD = 0.232 ANG
1 ANG = 4.308 HKD
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1 HKD = 1.766 BWP
1 BWP = 0.566 HKD
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1 HKD = 0.172 BND
1 BND = 5.819 HKD
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1 HKD = 368.909 CDF
1 CDF = 0.003 HKD
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1 HKD = 0.259 BZD
1 BZD = 3.865 HKD
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1 HKD = 4207.465 BYR
1 BYR = 0.000 HKD
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1 HKD = 0.231 BGN
1 BGN = 4.327 HKD
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1 HKD = 0.185 CAD
1 CAD = 5.399 HKD
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1 HKD = 17.141 DZD
1 DZD = 0.058 HKD
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1 HKD = 1.930 ERN
1 ERN = 0.518 HKD
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1 HKD = 6.518 EGP
1 EGP = 0.153 HKD
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1 HKD = 0.295 FJD
1 FJD = 3.388 HKD
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1 HKD = 0.099 GBP
1 GBP = 10.071 HKD
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1 HKD = 0.099 FKP
1 FKP = 10.071 HKD
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1 HKD = 0.993 GTQ
1 GTQ = 1.007 HKD
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1 HKD = 1.000 HKD
1 HKD = 1.000 HKD
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1 HKD = 47.188 HUF
1 HUF = 0.021 HKD
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1 HKD = 168.739 IQD
1 IQD = 0.006 HKD
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1 HKD = 5416.951 IRR
1 IRR = 0.000 HKD
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1 HKD = 58.139 KMF
1 KMF = 0.017 HKD
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1 HKD = 187.028 KRW
1 KRW = 0.005 HKD
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1 HKD = 11.768 ALL
1 ALL = 0.085 HKD
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1 HKD = 15.651 BDT
1 BDT = 0.064 HKD
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1 HKD = 0.232 AWG
1 AWG = 4.318 HKD
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1 HKD = 0.746 BRL
1 BRL = 1.340 HKD
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1 HKD = 0.000 BCH
1 BCH = 2624.755 HKD
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1 HKD = 0.000 BTC
1 BTC = 647658.333 HKD
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1 HKD = 0.473 AED
1 AED = 2.116 HKD
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1 HKD = 117.561 AOA
1 AOA = 0.009 HKD
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1 HKD = 0.129 BSD
1 BSD = 7.772 HKD
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1 HKD = 120.831 CLP
1 CLP = 0.008 HKD
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1 HKD = 0.422 BYN
1 BYN = 2.372 HKD
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1 HKD = 532.315 COP
1 COP = 0.002 HKD
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1 HKD = 3.313 CUP
1 CUP = 0.302 HKD
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1 HKD = 0.000 ETH
1 ETH = 14526.916 HKD
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1 HKD = 0.118 EUR
1 EUR = 8.460 HKD
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1 HKD = 3.294 HNL
1 HNL = 0.304 HKD
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1 HKD = 9.264 GMD
1 GMD = 0.108 HKD
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1 HKD = 0.099 GIP
1 GIP = 10.071 HKD
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1 HKD = 16.894 HTG
1 HTG = 0.059 HKD
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1 HKD = 0.091 JOD
1 JOD = 10.957 HKD
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1 HKD = 19.007 JPY
1 JPY = 0.053 HKD
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1 HKD = 9.119 AFN
1 AFN = 0.110 HKD
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1 HKD = 0.257 BBD
1 BBD = 3.886 HKD
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1 HKD = 0.129 BMD
1 BMD = 7.772 HKD
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1 HKD = 50.563 AMD
1 AMD = 0.020 HKD
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1 HKD = 0.113 CHF
1 CHF = 8.816 HKD
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1 HKD = 22.938 DJF
1 DJF = 0.044 HKD
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1 HKD = 8.079 DOP
1 DOP = 0.124 HKD
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1 HKD = 13.029 CVE
1 CVE = 0.077 HKD
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1 HKD = 0.357 GEL
1 GEL = 2.801 HKD
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1 HKD = 1.997 GHS
1 GHS = 0.501 HKD
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1 HKD = 26.950 GYD
1 GYD = 0.037 HKD
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1 HKD = 0.468 ILS
1 ILS = 2.135 HKD
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1 HKD = 11.202 INR
1 INR = 0.089 HKD
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1 HKD = 17.318 ISK
1 ISK = 0.058 HKD
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1 HKD = 516.257 KHR
1 KHR = 0.002 HKD
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1 HKD = 16.643 KES
1 KES = 0.060 HKD
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1 HKD = 0.040 KWD
1 KWD = 25.231 HKD
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1 HKD = 63.314 KZT
1 KZT = 0.016 HKD
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1 HKD = 38.050 LKR
1 LKR = 0.026 HKD
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1 HKD = 1.248 MAD
1 MAD = 0.801 HKD
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1 HKD = 269.947 MMK
1 MMK = 0.004 HKD
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1 HKD = 437.216 MNT
1 MNT = 0.002 HKD
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1 HKD = 5.797 MUR
1 MUR = 0.173 HKD
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1 HKD = 51.312 MRO
1 MRO = 0.019 HKD
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1 HKD = 1.983 MVR
1 MVR = 0.504 HKD
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1 HKD = 223.353 MWK
1 MWK = 0.004 HKD
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1 HKD = 0.225 NZD
1 NZD = 4.448 HKD
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1 HKD = 17.976 NPR
1 NPR = 0.056 HKD
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1 HKD = 7.370 PHP
1 PHP = 0.136 HKD
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1 HKD = 36.074 PKR
1 PKR = 0.028 HKD
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1 HKD = 183.366 RWF
1 RWF = 0.005 HKD
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1 HKD = 0.001 LTC
1 LTC = 693.486 HKD
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1 HKD = 2.598 MXN
1 MXN = 0.385 HKD
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1 HKD = 4.741 NIO
1 NIO = 0.211 HKD
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1 HKD = 0.588 RON
1 RON = 1.700 HKD
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1 HKD = 115.802 KPW
1 KPW = 0.009 HKD
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1 HKD = 0.107 KYD
1 KYD = 9.316 HKD
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1 HKD = 11543.175 LBP
1 LBP = 0.000 HKD
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1 HKD = 0.620 LYD
1 LYD = 1.613 HKD
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1 HKD = 2788.996 LAK
1 LAK = 0.000 HKD
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1 HKD = 600.389 MGA
1 MGA = 0.002 HKD
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1 HKD = 25.762 LRD
1 LRD = 0.039 HKD
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1 HKD = 7.275 MKD
1 MKD = 0.137 HKD
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1 HKD = 2.373 LSL
1 LSL = 0.421 HKD
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1 HKD = 1.031 MOP
1 MOP = 0.970 HKD
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1 HKD = 2.294 MDL
1 MDL = 0.436 HKD
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1 HKD = 2.373 NAD
1 NAD = 0.421 HKD
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1 HKD = 0.570 MYR
1 MYR = 1.754 HKD
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1 HKD = 0.050 OMR
1 OMR = 20.186 HKD
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1 HKD = 197.647 NGN
1 NGN = 0.005 HKD
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1 HKD = 0.518 PGK
1 PGK = 1.929 HKD
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1 HKD = 0.129 PAB
1 PAB = 7.772 HKD
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1 HKD = 0.472 PEN
1 PEN = 2.119 HKD
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1 HKD = 1.368 NOK
1 NOK = 0.731 HKD
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1 HKD = 0.496 PLN
1 PLN = 2.018 HKD
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1 HKD = 1021.528 PYG
1 PYG = 0.001 HKD
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1 HKD = 0.469 QAR
1 QAR = 2.131 HKD
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1 HKD = 1.082 SBD
1 SBD = 0.924 HKD
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1 HKD = 0.483 SAR
1 SAR = 2.072 HKD
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1 HKD = 0.171 SGD
1 SGD = 5.832 HKD
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1 HKD = 2698.118 SLL
1 SLL = 0.000 HKD
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1 HKD = 4.348 THB
1 THB = 0.230 HKD
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1 HKD = 4.241 TWD
1 TWD = 0.236 HKD
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1 HKD = 5.352 UAH
1 UAH = 0.187 HKD
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1 HKD = 472.301 UGX
1 UGX = 0.002 HKD
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1 HKD = 4.654 SRD
1 SRD = 0.215 HKD
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1 HKD = 2866.969 STD
1 STD = 0.000 HKD
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1 HKD = 4.708 TRY
1 TRY = 0.212 HKD
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1 HKD = 0.874 TTD
1 TTD = 1.144 HKD
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1 HKD = 0.310 TOP
1 TOP = 3.228 HKD
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1 HKD = 1665.745 UZS
1 UZS = 0.001 HKD
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1 HKD = 31.749 YER
1 YER = 0.031 HKD
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1 HKD = 2.363 ZAR
1 ZAR = 0.423 HKD
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1 HKD = 13.841 RSD
1 RSD = 0.072 HKD
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1 HKD = 11.214 RUB
1 RUB = 0.089 HKD
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1 HKD = 73.615 SOS
1 SOS = 0.014 HKD
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1 HKD = 1.127 SVC
1 SVC = 0.887 HKD
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1 HKD = 1672.950 SYP
1 SYP = 0.001 HKD
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1 HKD = 2.373 SZL
1 SZL = 0.421 HKD
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1 HKD = 0.397 TND
1 TND = 2.520 HKD
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1 HKD = 5.459 UYU
1 UYU = 0.183 HKD
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1 HKD = 3277.770 VND
1 VND = 0.000 HKD
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1 HKD = 15.276 VUV
1 VUV = 0.065 HKD
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1 HKD = 0.360 WST
1 WST = 2.776 HKD
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1 HKD = 77.537 XAF
1 XAF = 0.013 HKD
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1 HKD = 0.348 XCD
1 XCD = 2.876 HKD
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1 HKD = 1.894 SCR
1 SCR = 0.528 HKD
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1 HKD = 1.299 SEK
1 SEK = 0.770 HKD
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1 HKD = 0.099 SHP
1 SHP = 10.071 HKD
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1 HKD = 340.329 TZS
1 TZS = 0.003 HKD
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1 HKD = 0.129 USD
1 USD = 7.772 HKD
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1 HKD = 14.106 XPF
1 XPF = 0.071 HKD
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1 HKD = 77.537 XOF
1 XOF = 0.013 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.