Hong Kong dollar
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1 HKD = 0.198 AUD
1 AUD = 5.045 HKD
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1 HKD = 174.572 ARS
1 ARS = 0.006 HKD
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1 HKD = 379.474 BIF
1 BIF = 0.003 HKD
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1 HKD = 0.048 BHD
1 BHD = 20.675 HKD
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1 HKD = 0.890 BOB
1 BOB = 1.124 HKD
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1 HKD = 0.219 AZN
1 AZN = 4.573 HKD
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1 HKD = 11.421 BTN
1 BTN = 0.088 HKD
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1 HKD = 64.764 CRC
1 CRC = 0.015 HKD
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1 HKD = 2.695 CZK
1 CZK = 0.371 HKD
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1 HKD = 0.918 CNY
1 CNY = 1.089 HKD
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1 HKD = 0.828 DKK
1 DKK = 1.208 HKD
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1 HKD = 18.936 ETB
1 ETB = 0.053 HKD
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1 HKD = 1116.192 GNF
1 GNF = 0.001 HKD
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1 HKD = 0.903 HRK
1 HRK = 1.107 HKD
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1 HKD = 2134.619 IDR
1 IDR = 0.000 HKD
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1 HKD = 20.682 JMD
1 JMD = 0.048 HKD
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1 HKD = 11.250 KGS
1 KGS = 0.089 HKD
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1 HKD = 0.217 BAM
1 BAM = 4.613 HKD
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1 HKD = 0.232 ANG
1 ANG = 4.316 HKD
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1 HKD = 1.728 BWP
1 BWP = 0.579 HKD
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1 HKD = 0.167 BND
1 BND = 5.988 HKD
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1 HKD = 289.001 CDF
1 CDF = 0.003 HKD
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1 HKD = 0.259 BZD
1 BZD = 3.863 HKD
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1 HKD = 4380.173 BYR
1 BYR = 0.000 HKD
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1 HKD = 0.217 BGN
1 BGN = 4.613 HKD
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1 HKD = 0.181 CAD
1 CAD = 5.538 HKD
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1 HKD = 16.771 DZD
1 DZD = 0.060 HKD
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1 HKD = 1.930 ERN
1 ERN = 0.518 HKD
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1 HKD = 6.132 EGP
1 EGP = 0.163 HKD
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1 HKD = 0.293 FJD
1 FJD = 3.414 HKD
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1 HKD = 0.097 GBP
1 GBP = 10.356 HKD
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1 HKD = 0.097 FKP
1 FKP = 10.356 HKD
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1 HKD = 0.985 GTQ
1 GTQ = 1.015 HKD
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1 HKD = 1.000 HKD
1 HKD = 1.000 HKD
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1 HKD = 43.422 HUF
1 HUF = 0.023 HKD
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1 HKD = 168.513 IQD
1 IQD = 0.006 HKD
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1 HKD = 5416.185 IRR
1 IRR = 0.000 HKD
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1 HKD = 54.524 KMF
1 KMF = 0.018 HKD
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1 HKD = 183.992 KRW
1 KRW = 0.005 HKD
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1 HKD = 10.710 ALL
1 ALL = 0.093 HKD
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1 HKD = 15.666 BDT
1 BDT = 0.064 HKD
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1 HKD = 0.230 AWG
1 AWG = 4.343 HKD
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1 HKD = 0.705 BRL
1 BRL = 1.418 HKD
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1 HKD = 0.002 BCH
1 BCH = 415.986 HKD
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1 HKD = 0.000 BTC
1 BTC = 863771.111 HKD
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1 HKD = 0.472 AED
1 AED = 2.117 HKD
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1 HKD = 118.070 AOA
1 AOA = 0.008 HKD
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1 HKD = 0.129 BSD
1 BSD = 7.774 HKD
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1 HKD = 123.660 CLP
1 CLP = 0.008 HKD
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1 HKD = 0.438 BYN
1 BYN = 2.283 HKD
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1 HKD = 504.929 COP
1 COP = 0.002 HKD
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1 HKD = 3.086 CUP
1 CUP = 0.324 HKD
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1 HKD = 0.000 ETH
1 ETH = 31991.523 HKD
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1 HKD = 0.111 EUR
1 EUR = 9.023 HKD
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1 HKD = 3.374 HNL
1 HNL = 0.296 HKD
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1 HKD = 9.393 GMD
1 GMD = 0.106 HKD
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1 HKD = 0.097 GIP
1 GIP = 10.356 HKD
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1 HKD = 16.843 HTG
1 HTG = 0.059 HKD
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1 HKD = 0.091 JOD
1 JOD = 10.965 HKD
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1 HKD = 19.521 JPY
1 JPY = 0.051 HKD
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1 HKD = 8.528 AFN
1 AFN = 0.117 HKD
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1 HKD = 0.257 BBD
1 BBD = 3.887 HKD
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1 HKD = 0.129 BMD
1 BMD = 7.774 HKD
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1 HKD = 49.031 AMD
1 AMD = 0.020 HKD
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1 HKD = 0.103 CHF
1 CHF = 9.704 HKD
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1 HKD = 22.883 DJF
1 DJF = 0.044 HKD
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1 HKD = 8.116 DOP
1 DOP = 0.123 HKD
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1 HKD = 12.221 CVE
1 CVE = 0.082 HKD
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1 HKD = 0.348 GEL
1 GEL = 2.871 HKD
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1 HKD = 1.458 GHS
1 GHS = 0.686 HKD
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1 HKD = 26.906 GYD
1 GYD = 0.037 HKD
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1 HKD = 0.426 ILS
1 ILS = 2.347 HKD
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1 HKD = 11.421 INR
1 INR = 0.088 HKD
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1 HKD = 15.695 ISK
1 ISK = 0.064 HKD
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1 HKD = 517.278 KHR
1 KHR = 0.002 HKD
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1 HKD = 16.618 KES
1 KES = 0.060 HKD
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1 HKD = 0.039 KWD
1 KWD = 25.336 HKD
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1 HKD = 69.302 KZT
1 KZT = 0.014 HKD
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1 HKD = 38.933 LKR
1 LKR = 0.026 HKD
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1 HKD = 1.179 MAD
1 MAD = 0.848 HKD
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1 HKD = 270.002 MMK
1 MMK = 0.004 HKD
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1 HKD = 462.637 MNT
1 MNT = 0.002 HKD
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1 HKD = 5.843 MUR
1 MUR = 0.171 HKD
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1 HKD = 51.486 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 = 223.366 MWK
1 MWK = 0.004 HKD
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1 HKD = 0.225 NZD
1 NZD = 4.444 HKD
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1 HKD = 18.282 NPR
1 NPR = 0.055 HKD
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1 HKD = 7.486 PHP
1 PHP = 0.134 HKD
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1 HKD = 36.346 PKR
1 PKR = 0.028 HKD
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1 HKD = 186.537 RWF
1 RWF = 0.005 HKD
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1 HKD = 0.013 LTC
1 LTC = 75.999 HKD
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1 HKD = 2.380 MXN
1 MXN = 0.420 HKD
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1 HKD = 4.722 NIO
1 NIO = 0.212 HKD
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1 HKD = 0.564 RON
1 RON = 1.773 HKD
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1 HKD = 115.772 KPW
1 KPW = 0.009 HKD
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1 HKD = 0.107 KYD
1 KYD = 9.349 HKD
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1 HKD = 11534.216 LBP
1 LBP = 0.000 HKD
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1 HKD = 0.700 LYD
1 LYD = 1.429 HKD
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1 HKD = 2790.027 LAK
1 LAK = 0.000 HKD
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1 HKD = 576.607 MGA
1 MGA = 0.002 HKD
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1 HKD = 23.576 LRD
1 LRD = 0.042 HKD
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1 HKD = 6.830 MKD
1 MKD = 0.146 HKD
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1 HKD = 2.235 LSL
1 LSL = 0.447 HKD
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1 HKD = 1.030 MOP
1 MOP = 0.971 HKD
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1 HKD = 2.178 MDL
1 MDL = 0.459 HKD
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1 HKD = 2.235 NAD
1 NAD = 0.447 HKD
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1 HKD = 0.544 MYR
1 MYR = 1.838 HKD
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1 HKD = 0.049 OMR
1 OMR = 20.206 HKD
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1 HKD = 187.873 NGN
1 NGN = 0.005 HKD
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1 HKD = 0.542 PGK
1 PGK = 1.846 HKD
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1 HKD = 0.129 PAB
1 PAB = 7.774 HKD
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1 HKD = 0.440 PEN
1 PEN = 2.270 HKD
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1 HKD = 1.306 NOK
1 NOK = 0.766 HKD
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1 HKD = 0.472 PLN
1 PLN = 2.117 HKD
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1 HKD = 904.967 PYG
1 PYG = 0.001 HKD
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1 HKD = 0.468 QAR
1 QAR = 2.136 HKD
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1 HKD = 1.093 SBD
1 SBD = 0.915 HKD
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1 HKD = 0.482 SAR
1 SAR = 2.073 HKD
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1 HKD = 0.167 SGD
1 SGD = 5.988 HKD
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1 HKD = 2919.806 SLL
1 SLL = 0.000 HKD
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1 HKD = 4.205 THB
1 THB = 0.238 HKD
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1 HKD = 3.949 TWD
1 TWD = 0.253 HKD
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1 HKD = 5.371 UAH
1 UAH = 0.186 HKD
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1 HKD = 442.962 UGX
1 UGX = 0.002 HKD
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1 HKD = 5.006 SRD
1 SRD = 0.200 HKD
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1 HKD = 2753.816 STD
1 STD = 0.000 HKD
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1 HKD = 5.381 TRY
1 TRY = 0.186 HKD
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1 HKD = 0.873 TTD
1 TTD = 1.145 HKD
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1 HKD = 0.310 TOP
1 TOP = 3.229 HKD
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1 HKD = 1569.436 UZS
1 UZS = 0.001 HKD
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1 HKD = 30.717 YER
1 YER = 0.033 HKD
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1 HKD = 2.235 ZAR
1 ZAR = 0.447 HKD
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1 HKD = 12.985 RSD
1 RSD = 0.077 HKD
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1 HKD = 10.227 RUB
1 RUB = 0.098 HKD
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1 HKD = 73.567 SOS
1 SOS = 0.014 HKD
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1 HKD = 1.126 SVC
1 SVC = 0.888 HKD
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1 HKD = 1672.550 SYP
1 SYP = 0.001 HKD
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1 HKD = 2.235 SZL
1 SZL = 0.447 HKD
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1 HKD = 0.377 TND
1 TND = 2.649 HKD
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1 HKD = 5.158 UYU
1 UYU = 0.194 HKD
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1 HKD = 3389.311 VND
1 VND = 0.000 HKD
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1 HKD = 15.829 VUV
1 VUV = 0.063 HKD
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1 HKD = 0.361 WST
1 WST = 2.772 HKD
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1 HKD = 72.699 XAF
1 XAF = 0.014 HKD
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1 HKD = 0.348 XCD
1 XCD = 2.871 HKD
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1 HKD = 1.821 SCR
1 SCR = 0.549 HKD
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1 HKD = 1.226 SEK
1 SEK = 0.816 HKD
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1 HKD = 0.097 SHP
1 SHP = 10.356 HKD
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1 HKD = 315.330 TZS
1 TZS = 0.003 HKD
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1 HKD = 0.129 USD
1 USD = 7.774 HKD
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1 HKD = 13.225 XPF
1 XPF = 0.076 HKD
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1 HKD = 72.699 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.