Hong Kong dollar
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1 HKD = 0.197 AUD
1 AUD = 5.078 HKD
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1 HKD = 173.711 ARS
1 ARS = 0.006 HKD
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1 HKD = 379.020 BIF
1 BIF = 0.003 HKD
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1 HKD = 0.048 BHD
1 BHD = 20.876 HKD
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1 HKD = 0.880 BOB
1 BOB = 1.136 HKD
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1 HKD = 0.217 AZN
1 AZN = 4.617 HKD
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1 HKD = 11.116 BTN
1 BTN = 0.090 HKD
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1 HKD = 64.370 CRC
1 CRC = 0.016 HKD
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1 HKD = 2.702 CZK
1 CZK = 0.370 HKD
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1 HKD = 0.919 CNY
1 CNY = 1.088 HKD
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1 HKD = 0.820 DKK
1 DKK = 1.219 HKD
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1 HKD = 17.606 ETB
1 ETB = 0.057 HKD
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1 HKD = 1105.872 GNF
1 GNF = 0.001 HKD
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1 HKD = 0.894 HRK
1 HRK = 1.118 HKD
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1 HKD = 2085.396 IDR
1 IDR = 0.000 HKD
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1 HKD = 20.414 JMD
1 JMD = 0.049 HKD
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1 HKD = 11.144 KGS
1 KGS = 0.090 HKD
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1 HKD = 0.215 BAM
1 BAM = 4.650 HKD
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1 HKD = 0.229 ANG
1 ANG = 4.358 HKD
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1 HKD = 1.792 BWP
1 BWP = 0.558 HKD
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1 HKD = 0.164 BND
1 BND = 6.089 HKD
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1 HKD = 370.760 CDF
1 CDF = 0.003 HKD
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1 HKD = 0.256 BZD
1 BZD = 3.900 HKD
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1 HKD = 4178.334 BYR
1 BYR = 0.000 HKD
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1 HKD = 0.215 BGN
1 BGN = 4.650 HKD
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1 HKD = 0.176 CAD
1 CAD = 5.693 HKD
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1 HKD = 16.697 DZD
1 DZD = 0.060 HKD
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1 HKD = 1.911 ERN
1 ERN = 0.523 HKD
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1 HKD = 6.200 EGP
1 EGP = 0.161 HKD
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1 HKD = 0.288 FJD
1 FJD = 3.470 HKD
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1 HKD = 0.096 GBP
1 GBP = 10.423 HKD
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1 HKD = 0.096 FKP
1 FKP = 10.423 HKD
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1 HKD = 0.978 GTQ
1 GTQ = 1.023 HKD
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1 HKD = 1.000 HKD
1 HKD = 1.000 HKD
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1 HKD = 43.811 HUF
1 HUF = 0.023 HKD
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1 HKD = 166.876 IQD
1 IQD = 0.006 HKD
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1 HKD = 5368.224 IRR
1 IRR = 0.000 HKD
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1 HKD = 54.093 KMF
1 KMF = 0.018 HKD
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1 HKD = 176.897 KRW
1 KRW = 0.006 HKD
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1 HKD = 10.714 ALL
1 ALL = 0.093 HKD
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1 HKD = 15.578 BDT
1 BDT = 0.064 HKD
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1 HKD = 0.228 AWG
1 AWG = 4.385 HKD
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1 HKD = 0.706 BRL
1 BRL = 1.416 HKD
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1 HKD = 0.000 BCH
1 BCH = 4215.521 HKD
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1 HKD = 0.000 BTC
1 BTC = 872144.444 HKD
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1 HKD = 0.468 AED
1 AED = 2.137 HKD
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1 HKD = 116.891 AOA
1 AOA = 0.009 HKD
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1 HKD = 0.127 BSD
1 BSD = 7.849 HKD
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1 HKD = 123.489 CLP
1 CLP = 0.008 HKD
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1 HKD = 0.418 BYN
1 BYN = 2.393 HKD
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1 HKD = 525.628 COP
1 COP = 0.002 HKD
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1 HKD = 3.054 CUP
1 CUP = 0.327 HKD
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1 HKD = 0.000 ETH
1 ETH = 28033.214 HKD
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1 HKD = 0.110 EUR
1 EUR = 9.095 HKD
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1 HKD = 3.345 HNL
1 HNL = 0.299 HKD
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1 HKD = 9.245 GMD
1 GMD = 0.108 HKD
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1 HKD = 0.096 GIP
1 GIP = 10.423 HKD
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1 HKD = 16.699 HTG
1 HTG = 0.060 HKD
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1 HKD = 0.090 JOD
1 JOD = 11.071 HKD
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1 HKD = 18.779 JPY
1 JPY = 0.053 HKD
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1 HKD = 8.757 AFN
1 AFN = 0.114 HKD
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1 HKD = 0.255 BBD
1 BBD = 3.925 HKD
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1 HKD = 0.127 BMD
1 BMD = 7.849 HKD
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1 HKD = 48.696 AMD
1 AMD = 0.021 HKD
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1 HKD = 0.102 CHF
1 CHF = 9.761 HKD
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1 HKD = 22.680 DJF
1 DJF = 0.044 HKD
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1 HKD = 7.745 DOP
1 DOP = 0.129 HKD
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1 HKD = 12.124 CVE
1 CVE = 0.082 HKD
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1 HKD = 0.344 GEL
1 GEL = 2.904 HKD
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1 HKD = 1.337 GHS
1 GHS = 0.748 HKD
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1 HKD = 26.643 GYD
1 GYD = 0.038 HKD
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1 HKD = 0.435 ILS
1 ILS = 2.300 HKD
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1 HKD = 11.116 INR
1 INR = 0.090 HKD
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1 HKD = 15.723 ISK
1 ISK = 0.064 HKD
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1 HKD = 511.368 KHR
1 KHR = 0.002 HKD
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1 HKD = 16.474 KES
1 KES = 0.061 HKD
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1 HKD = 0.039 KWD
1 KWD = 25.698 HKD
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1 HKD = 69.158 KZT
1 KZT = 0.014 HKD
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1 HKD = 38.391 LKR
1 LKR = 0.026 HKD
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1 HKD = 1.156 MAD
1 MAD = 0.865 HKD
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1 HKD = 267.420 MMK
1 MMK = 0.004 HKD
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1 HKD = 457.665 MNT
1 MNT = 0.002 HKD
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1 HKD = 5.960 MUR
1 MUR = 0.168 HKD
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1 HKD = 50.783 MRO
1 MRO = 0.020 HKD
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1 HKD = 1.968 MVR
1 MVR = 0.508 HKD
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1 HKD = 221.087 MWK
1 MWK = 0.005 HKD
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1 HKD = 0.215 NZD
1 NZD = 4.644 HKD
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1 HKD = 17.795 NPR
1 NPR = 0.056 HKD
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1 HKD = 7.357 PHP
1 PHP = 0.136 HKD
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1 HKD = 36.126 PKR
1 PKR = 0.028 HKD
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1 HKD = 183.527 RWF
1 RWF = 0.005 HKD
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1 HKD = 0.001 LTC
1 LTC = 838.869 HKD
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1 HKD = 2.402 MXN
1 MXN = 0.416 HKD
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1 HKD = 4.688 NIO
1 NIO = 0.213 HKD
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1 HKD = 0.558 RON
1 RON = 1.793 HKD
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1 HKD = 114.660 KPW
1 KPW = 0.009 HKD
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1 HKD = 0.106 KYD
1 KYD = 9.466 HKD
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1 HKD = 11429.452 LBP
1 LBP = 0.000 HKD
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1 HKD = 0.694 LYD
1 LYD = 1.440 HKD
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1 HKD = 2755.749 LAK
1 LAK = 0.000 HKD
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1 HKD = 565.006 MGA
1 MGA = 0.002 HKD
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1 HKD = 25.566 LRD
1 LRD = 0.039 HKD
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1 HKD = 6.764 MKD
1 MKD = 0.148 HKD
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1 HKD = 2.300 LSL
1 LSL = 0.435 HKD
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1 HKD = 1.030 MOP
1 MOP = 0.971 HKD
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1 HKD = 2.163 MDL
1 MDL = 0.462 HKD
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1 HKD = 2.300 NAD
1 NAD = 0.435 HKD
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1 HKD = 0.545 MYR
1 MYR = 1.835 HKD
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1 HKD = 0.049 OMR
1 OMR = 20.393 HKD
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1 HKD = 195.386 NGN
1 NGN = 0.005 HKD
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1 HKD = 0.526 PGK
1 PGK = 1.901 HKD
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1 HKD = 0.127 PAB
1 PAB = 7.849 HKD
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1 HKD = 0.456 PEN
1 PEN = 2.191 HKD
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1 HKD = 1.305 NOK
1 NOK = 0.766 HKD
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1 HKD = 0.470 PLN
1 PLN = 2.129 HKD
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1 HKD = 973.970 PYG
1 PYG = 0.001 HKD
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1 HKD = 0.464 QAR
1 QAR = 2.156 HKD
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1 HKD = 1.081 SBD
1 SBD = 0.925 HKD
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1 HKD = 0.478 SAR
1 SAR = 2.093 HKD
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1 HKD = 0.164 SGD
1 SGD = 6.089 HKD
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1 HKD = 2891.774 SLL
1 SLL = 0.000 HKD
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1 HKD = 4.138 THB
1 THB = 0.242 HKD
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1 HKD = 3.791 TWD
1 TWD = 0.264 HKD
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1 HKD = 5.326 UAH
1 UAH = 0.188 HKD
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1 HKD = 456.067 UGX
1 UGX = 0.002 HKD
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1 HKD = 4.696 SRD
1 SRD = 0.213 HKD
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1 HKD = 2719.351 STD
1 STD = 0.000 HKD
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1 HKD = 5.179 TRY
1 TRY = 0.193 HKD
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1 HKD = 0.864 TTD
1 TTD = 1.158 HKD
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1 HKD = 0.307 TOP
1 TOP = 3.260 HKD
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1 HKD = 1624.884 UZS
1 UZS = 0.001 HKD
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1 HKD = 30.651 YER
1 YER = 0.033 HKD
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1 HKD = 2.300 ZAR
1 ZAR = 0.435 HKD
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1 HKD = 12.882 RSD
1 RSD = 0.078 HKD
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1 HKD = 10.193 RUB
1 RUB = 0.098 HKD
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1 HKD = 72.803 SOS
1 SOS = 0.014 HKD
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1 HKD = 1.115 SVC
1 SVC = 0.897 HKD
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1 HKD = 1656.453 SYP
1 SYP = 0.001 HKD
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1 HKD = 2.300 SZL
1 SZL = 0.435 HKD
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1 HKD = 0.370 TND
1 TND = 2.705 HKD
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1 HKD = 5.123 UYU
1 UYU = 0.195 HKD
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1 HKD = 3340.183 VND
1 VND = 0.000 HKD
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1 HKD = 15.310 VUV
1 VUV = 0.065 HKD
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1 HKD = 0.354 WST
1 WST = 2.828 HKD
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1 HKD = 72.124 XAF
1 XAF = 0.014 HKD
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1 HKD = 0.345 XCD
1 XCD = 2.900 HKD
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1 HKD = 1.862 SCR
1 SCR = 0.537 HKD
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1 HKD = 1.230 SEK
1 SEK = 0.813 HKD
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1 HKD = 0.096 SHP
1 SHP = 10.423 HKD
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1 HKD = 326.507 TZS
1 TZS = 0.003 HKD
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1 HKD = 0.127 USD
1 USD = 7.849 HKD
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1 HKD = 13.121 XPF
1 XPF = 0.076 HKD
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1 HKD = 72.124 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.