Hong Kong dollar

The Hong Kong dollar is the currency of Hong Kong (HK)
1 HKD = 0.195 AUD
1 AUD = 5.116 HKD
1 HKD = 107.446 ARS
1 ARS = 0.009 HKD
1 HKD = 366.181 BIF
1 BIF = 0.003 HKD
1 HKD = 0.048 BHD
1 BHD = 20.763 HKD
1 HKD = 0.883 BOB
1 BOB = 1.132 HKD
1 HKD = 0.217 AZN
1 AZN = 4.602 HKD
1 HKD = 10.591 BTN
1 BTN = 0.094 HKD
1 HKD = 65.683 CRC
1 CRC = 0.015 HKD
1 HKD = 2.990 CZK
1 CZK = 0.334 HKD
1 HKD = 0.920 CNY
1 CNY = 1.087 HKD
1 HKD = 0.878 DKK
1 DKK = 1.139 HKD
1 HKD = 7.248 ETB
1 ETB = 0.138 HKD
1 HKD = 1098.543 GNF
1 GNF = 0.001 HKD
1 HKD = 0.887 HRK
1 HRK = 1.127 HKD
1 HKD = 1997.699 IDR
1 IDR = 0.001 HKD
1 HKD = 19.999 JMD
1 JMD = 0.050 HKD
1 HKD = 11.430 KGS
1 KGS = 0.087 HKD
1 HKD = 0.230 BAM
1 BAM = 4.342 HKD
1 HKD = 0.230 ANG
1 ANG = 4.342 HKD
1 HKD = 1.763 BWP
1 BWP = 0.567 HKD
1 HKD = 0.172 BND
1 BND = 5.822 HKD
1 HKD = 352.761 CDF
1 CDF = 0.003 HKD
1 HKD = 0.258 BZD
1 BZD = 3.882 HKD
1 HKD = 4180.061 BYR
1 BYR = 0.000 HKD
1 HKD = 0.230 BGN
1 BGN = 4.341 HKD
1 HKD = 0.173 CAD
1 CAD = 5.789 HKD
1 HKD = 17.178 DZD
1 DZD = 0.058 HKD
1 HKD = 1.917 ERN
1 ERN = 0.522 HKD
1 HKD = 3.955 EGP
1 EGP = 0.253 HKD
1 HKD = 0.289 FJD
1 FJD = 3.463 HKD
1 HKD = 0.101 GBP
1 GBP = 9.924 HKD
1 HKD = 0.101 FKP
1 FKP = 9.924 HKD
1 HKD = 0.999 GTQ
1 GTQ = 1.001 HKD
1 HKD = 1.000 HKD
1 HKD = 1.000 HKD
1 HKD = 45.893 HUF
1 HUF = 0.022 HKD
1 HKD = 167.400 IQD
1 IQD = 0.006 HKD
1 HKD = 5371.933 IRR
1 IRR = 0.000 HKD
1 HKD = 58.078 KMF
1 KMF = 0.017 HKD
1 HKD = 170.313 KRW
1 KRW = 0.006 HKD
1 HKD = 12.232 ALL
1 ALL = 0.082 HKD
1 HKD = 14.025 BDT
1 BDT = 0.071 HKD
1 HKD = 0.230 AWG
1 AWG = 4.341 HKD
1 HKD = 0.636 BRL
1 BRL = 1.571 HKD
1 HKD = 0.000 BCH
1 BCH = 2122.050 HKD
1 HKD = 0.000 BTC
1 BTC = 411789.474 HKD
1 HKD = 0.469 AED
1 AED = 2.130 HKD
1 HKD = 105.893 AOA
1 AOA = 0.009 HKD
1 HKD = 0.128 BSD
1 BSD = 7.824 HKD
1 HKD = 126.221 CLP
1 CLP = 0.008 HKD
1 HKD = 0.418 BYN
1 BYN = 2.391 HKD
1 HKD = 506.814 COP
1 COP = 0.002 HKD
1 HKD = 3.291 CUP
1 CUP = 0.304 HKD
1 HKD = 0.000 ETH
1 ETH = 24681.388 HKD
1 HKD = 0.118 EUR
1 EUR = 8.490 HKD
1 HKD = 3.155 HNL
1 HNL = 0.317 HKD
1 HKD = 8.669 GMD
1 GMD = 0.115 HKD
1 HKD = 0.101 GIP
1 GIP = 9.924 HKD
1 HKD = 16.963 HTG
1 HTG = 0.059 HKD
1 HKD = 0.091 JOD
1 JOD = 11.034 HKD
1 HKD = 19.268 JPY
1 JPY = 0.052 HKD
1 HKD = 9.266 AFN
1 AFN = 0.108 HKD
1 HKD = 0.256 BBD
1 BBD = 3.912 HKD
1 HKD = 0.128 BMD
1 BMD = 7.824 HKD
1 HKD = 51.941 AMD
1 AMD = 0.019 HKD
1 HKD = 0.113 CHF
1 CHF = 8.885 HKD
1 HKD = 22.687 DJF
1 DJF = 0.044 HKD
1 HKD = 7.519 DOP
1 DOP = 0.133 HKD
1 HKD = 13.037 CVE
1 CVE = 0.077 HKD
1 HKD = 0.339 GEL
1 GEL = 2.952 HKD
1 HKD = 1.604 GHS
1 GHS = 0.623 HKD
1 HKD = 26.734 GYD
1 GYD = 0.037 HKD
1 HKD = 0.466 ILS
1 ILS = 2.148 HKD
1 HKD = 10.592 INR
1 INR = 0.094 HKD
1 HKD = 17.633 ISK
1 ISK = 0.057 HKD
1 HKD = 521.217 KHR
1 KHR = 0.002 HKD
1 HKD = 18.724 KES
1 KES = 0.053 HKD
1 HKD = 0.039 KWD
1 KWD = 25.425 HKD
1 HKD = 57.264 KZT
1 KZT = 0.017 HKD
1 HKD = 39.730 LKR
1 LKR = 0.025 HKD
1 HKD = 1.285 MAD
1 MAD = 0.778 HKD
1 HKD = 268.351 MMK
1 MMK = 0.004 HKD
1 HKD = 440.951 MNT
1 MNT = 0.002 HKD
1 HKD = 5.841 MUR
1 MUR = 0.171 HKD
1 HKD = 51.001 MRO
1 MRO = 0.020 HKD
1 HKD = 1.968 MVR
1 MVR = 0.508 HKD
1 HKD = 215.111 MWK
1 MWK = 0.005 HKD
1 HKD = 0.207 NZD
1 NZD = 4.829 HKD
1 HKD = 16.945 NPR
1 NPR = 0.059 HKD
1 HKD = 7.167 PHP
1 PHP = 0.140 HKD
1 HKD = 35.684 PKR
1 PKR = 0.028 HKD
1 HKD = 165.799 RWF
1 RWF = 0.006 HKD
1 HKD = 0.002 LTC
1 LTC = 557.980 HKD
1 HKD = 2.189 MXN
1 MXN = 0.457 HKD
1 HKD = 4.703 NIO
1 NIO = 0.213 HKD
1 HKD = 0.586 RON
1 RON = 1.708 HKD
1 HKD = 115.031 KPW
1 KPW = 0.009 HKD
1 HKD = 0.106 KYD
1 KYD = 9.390 HKD
1 HKD = 11418.980 LBP
1 LBP = 0.000 HKD
1 HKD = 0.618 LYD
1 LYD = 1.619 HKD
1 HKD = 2666.973 LAK
1 LAK = 0.000 HKD
1 HKD = 579.231 MGA
1 MGA = 0.002 HKD
1 HKD = 24.367 LRD
1 LRD = 0.041 HKD
1 HKD = 7.258 MKD
1 MKD = 0.138 HKD
1 HKD = 2.465 LSL
1 LSL = 0.406 HKD
1 HKD = 1.030 MOP
1 MOP = 0.971 HKD
1 HKD = 2.275 MDL
1 MDL = 0.440 HKD
1 HKD = 2.465 NAD
1 NAD = 0.406 HKD
1 HKD = 0.611 MYR
1 MYR = 1.638 HKD
1 HKD = 0.049 OMR
1 OMR = 20.325 HKD
1 HKD = 199.592 NGN
1 NGN = 0.005 HKD
1 HKD = 0.481 PGK
1 PGK = 2.081 HKD
1 HKD = 0.128 PAB
1 PAB = 7.824 HKD
1 HKD = 0.486 PEN
1 PEN = 2.059 HKD
1 HKD = 1.344 NOK
1 NOK = 0.744 HKD
1 HKD = 0.508 PLN
1 PLN = 1.970 HKD
1 HKD = 929.903 PYG
1 PYG = 0.001 HKD
1 HKD = 0.466 QAR
1 QAR = 2.144 HKD
1 HKD = 1.086 SBD
1 SBD = 0.920 HKD
1 HKD = 0.479 SAR
1 SAR = 2.086 HKD
1 HKD = 0.172 SGD
1 SGD = 5.819 HKD
1 HKD = 2680.151 SLL
1 SLL = 0.000 HKD
1 HKD = 4.592 THB
1 THB = 0.218 HKD
1 HKD = 4.034 TWD
1 TWD = 0.248 HKD
1 HKD = 4.908 UAH
1 UAH = 0.204 HKD
1 HKD = 504.932 UGX
1 UGX = 0.002 HKD
1 HKD = 4.516 SRD
1 SRD = 0.221 HKD
1 HKD = 2847.878 STD
1 STD = 0.000 HKD
1 HKD = 3.978 TRY
1 TRY = 0.251 HKD
1 HKD = 0.869 TTD
1 TTD = 1.151 HKD
1 HKD = 0.300 TOP
1 TOP = 3.331 HKD
1 HKD = 1596.063 UZS
1 UZS = 0.001 HKD
1 HKD = 31.998 YER
1 YER = 0.031 HKD
1 HKD = 2.469 ZAR
1 ZAR = 0.405 HKD
1 HKD = 13.805 RSD
1 RSD = 0.072 HKD
1 HKD = 11.802 RUB
1 RUB = 0.085 HKD
1 HKD = 73.030 SOS
1 SOS = 0.014 HKD
1 HKD = 1.118 SVC
1 SVC = 0.894 HKD
1 HKD = 321.131 SYP
1 SYP = 0.003 HKD
1 HKD = 2.464 SZL
1 SZL = 0.406 HKD
1 HKD = 0.398 TND
1 TND = 2.510 HKD
1 HKD = 4.995 UYU
1 UYU = 0.200 HKD
1 HKD = 3153.119 VND
1 VND = 0.000 HKD
1 HKD = 15.174 VUV
1 VUV = 0.066 HKD
1 HKD = 0.358 WST
1 WST = 2.794 HKD
1 HKD = 77.265 XAF
1 XAF = 0.013 HKD
1 HKD = 0.345 XCD
1 XCD = 2.895 HKD
1 HKD = 1.736 SCR
1 SCR = 0.576 HKD
1 HKD = 1.315 SEK
1 SEK = 0.760 HKD
1 HKD = 0.101 SHP
1 SHP = 9.924 HKD
1 HKD = 325.867 TZS
1 TZS = 0.003 HKD
1 HKD = 0.128 USD
1 USD = 7.824 HKD
1 HKD = 14.055 XPF
1 XPF = 0.071 HKD
1 HKD = 77.265 XOF
1 XOF = 0.013 HKD

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.