Hong Kong dollar
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1 HKD = 0.194 AUD
1 AUD = 5.161 HKD
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1 HKD = 108.461 ARS
1 ARS = 0.009 HKD
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1 HKD = 365.389 BIF
1 BIF = 0.003 HKD
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1 HKD = 0.048 BHD
1 BHD = 20.758 HKD
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1 HKD = 0.883 BOB
1 BOB = 1.133 HKD
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1 HKD = 0.217 AZN
1 AZN = 4.602 HKD
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1 HKD = 10.577 BTN
1 BTN = 0.095 HKD
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1 HKD = 65.364 CRC
1 CRC = 0.015 HKD
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1 HKD = 2.962 CZK
1 CZK = 0.338 HKD
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1 HKD = 0.918 CNY
1 CNY = 1.090 HKD
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1 HKD = 0.874 DKK
1 DKK = 1.145 HKD
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1 HKD = 7.255 ETB
1 ETB = 0.138 HKD
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1 HKD = 1098.303 GNF
1 GNF = 0.001 HKD
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1 HKD = 0.883 HRK
1 HRK = 1.133 HKD
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1 HKD = 1986.337 IDR
1 IDR = 0.001 HKD
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1 HKD = 19.834 JMD
1 JMD = 0.050 HKD
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1 HKD = 11.430 KGS
1 KGS = 0.087 HKD
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1 HKD = 0.229 BAM
1 BAM = 4.375 HKD
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1 HKD = 0.230 ANG
1 ANG = 4.342 HKD
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1 HKD = 1.734 BWP
1 BWP = 0.577 HKD
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1 HKD = 0.170 BND
1 BND = 5.880 HKD
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1 HKD = 354.594 CDF
1 CDF = 0.003 HKD
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1 HKD = 0.258 BZD
1 BZD = 3.882 HKD
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1 HKD = 4172.981 BYR
1 BYR = 0.000 HKD
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1 HKD = 0.229 BGN
1 BGN = 4.373 HKD
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1 HKD = 0.173 CAD
1 CAD = 5.792 HKD
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1 HKD = 17.184 DZD
1 DZD = 0.058 HKD
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1 HKD = 1.917 ERN
1 ERN = 0.522 HKD
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1 HKD = 6.237 EGP
1 EGP = 0.160 HKD
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1 HKD = 0.285 FJD
1 FJD = 3.504 HKD
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1 HKD = 0.100 GBP
1 GBP = 9.984 HKD
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1 HKD = 0.100 FKP
1 FKP = 9.984 HKD
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1 HKD = 0.998 GTQ
1 GTQ = 1.002 HKD
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1 HKD = 1.000 HKD
1 HKD = 1.000 HKD
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1 HKD = 46.685 HUF
1 HUF = 0.021 HKD
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1 HKD = 167.390 IQD
1 IQD = 0.006 HKD
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1 HKD = 5372.891 IRR
1 IRR = 0.000 HKD
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1 HKD = 57.586 KMF
1 KMF = 0.017 HKD
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1 HKD = 167.780 KRW
1 KRW = 0.006 HKD
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1 HKD = 12.149 ALL
1 ALL = 0.082 HKD
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1 HKD = 14.024 BDT
1 BDT = 0.071 HKD
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1 HKD = 0.230 AWG
1 AWG = 4.347 HKD
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1 HKD = 0.637 BRL
1 BRL = 1.570 HKD
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1 HKD = 0.000 BCH
1 BCH = 3346.450 HKD
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1 HKD = 0.000 BTC
1 BTC = 558857.143 HKD
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1 HKD = 0.469 AED
1 AED = 2.130 HKD
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1 HKD = 106.604 AOA
1 AOA = 0.009 HKD
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1 HKD = 0.128 BSD
1 BSD = 7.824 HKD
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1 HKD = 123.167 CLP
1 CLP = 0.008 HKD
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1 HKD = 0.418 BYN
1 BYN = 2.392 HKD
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1 HKD = 500.084 COP
1 COP = 0.002 HKD
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1 HKD = 3.291 CUP
1 CUP = 0.304 HKD
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1 HKD = 0.000 ETH
1 ETH = 31421.687 HKD
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1 HKD = 0.117 EUR
1 EUR = 8.537 HKD
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1 HKD = 3.156 HNL
1 HNL = 0.317 HKD
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1 HKD = 8.688 GMD
1 GMD = 0.115 HKD
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1 HKD = 0.100 GIP
1 GIP = 9.984 HKD
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1 HKD = 16.941 HTG
1 HTG = 0.059 HKD
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1 HKD = 0.091 JOD
1 JOD = 11.037 HKD
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1 HKD = 18.891 JPY
1 JPY = 0.053 HKD
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1 HKD = 9.064 AFN
1 AFN = 0.110 HKD
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1 HKD = 0.256 BBD
1 BBD = 3.912 HKD
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1 HKD = 0.128 BMD
1 BMD = 7.824 HKD
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1 HKD = 51.469 AMD
1 AMD = 0.019 HKD
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1 HKD = 0.112 CHF
1 CHF = 8.902 HKD
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1 HKD = 22.754 DJF
1 DJF = 0.044 HKD
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1 HKD = 7.552 DOP
1 DOP = 0.132 HKD
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1 HKD = 12.886 CVE
1 CVE = 0.078 HKD
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1 HKD = 0.339 GEL
1 GEL = 2.947 HKD
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1 HKD = 1.638 GHS
1 GHS = 0.610 HKD
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1 HKD = 26.761 GYD
1 GYD = 0.037 HKD
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1 HKD = 0.468 ILS
1 ILS = 2.138 HKD
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1 HKD = 10.581 INR
1 INR = 0.095 HKD
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1 HKD = 17.419 ISK
1 ISK = 0.057 HKD
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1 HKD = 517.491 KHR
1 KHR = 0.002 HKD
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1 HKD = 17.766 KES
1 KES = 0.056 HKD
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1 HKD = 0.039 KWD
1 KWD = 25.470 HKD
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1 HKD = 57.343 KZT
1 KZT = 0.017 HKD
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1 HKD = 39.251 LKR
1 LKR = 0.025 HKD
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1 HKD = 1.282 MAD
1 MAD = 0.780 HKD
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1 HKD = 268.342 MMK
1 MMK = 0.004 HKD
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1 HKD = 440.951 MNT
1 MNT = 0.002 HKD
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1 HKD = 5.853 MUR
1 MUR = 0.171 HKD
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1 HKD = 50.809 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 = 215.092 MWK
1 MWK = 0.005 HKD
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1 HKD = 0.208 NZD
1 NZD = 4.809 HKD
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1 HKD = 16.924 NPR
1 NPR = 0.059 HKD
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1 HKD = 7.082 PHP
1 PHP = 0.141 HKD
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1 HKD = 35.670 PKR
1 PKR = 0.028 HKD
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1 HKD = 164.002 RWF
1 RWF = 0.006 HKD
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1 HKD = 0.001 LTC
1 LTC = 759.464 HKD
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1 HKD = 2.152 MXN
1 MXN = 0.465 HKD
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1 HKD = 4.703 NIO
1 NIO = 0.213 HKD
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1 HKD = 0.582 RON
1 RON = 1.719 HKD
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1 HKD = 115.031 KPW
1 KPW = 0.009 HKD
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1 HKD = 0.106 KYD
1 KYD = 9.391 HKD
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1 HKD = 11442.600 LBP
1 LBP = 0.000 HKD
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1 HKD = 0.614 LYD
1 LYD = 1.628 HKD
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1 HKD = 2666.743 LAK
1 LAK = 0.000 HKD
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1 HKD = 575.112 MGA
1 MGA = 0.002 HKD
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1 HKD = 24.489 LRD
1 LRD = 0.041 HKD
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1 HKD = 7.217 MKD
1 MKD = 0.139 HKD
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1 HKD = 2.374 LSL
1 LSL = 0.421 HKD
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1 HKD = 1.030 MOP
1 MOP = 0.971 HKD
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1 HKD = 2.243 MDL
1 MDL = 0.446 HKD
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1 HKD = 2.374 NAD
1 NAD = 0.421 HKD
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1 HKD = 0.598 MYR
1 MYR = 1.673 HKD
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1 HKD = 0.049 OMR
1 OMR = 20.324 HKD
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1 HKD = 201.328 NGN
1 NGN = 0.005 HKD
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1 HKD = 0.488 PGK
1 PGK = 2.049 HKD
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1 HKD = 0.128 PAB
1 PAB = 7.824 HKD
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1 HKD = 0.472 PEN
1 PEN = 2.120 HKD
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1 HKD = 1.344 NOK
1 NOK = 0.744 HKD
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1 HKD = 0.502 PLN
1 PLN = 1.990 HKD
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1 HKD = 931.554 PYG
1 PYG = 0.001 HKD
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1 HKD = 0.466 QAR
1 QAR = 2.146 HKD
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1 HKD = 1.078 SBD
1 SBD = 0.927 HKD
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1 HKD = 0.479 SAR
1 SAR = 2.086 HKD
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1 HKD = 0.170 SGD
1 SGD = 5.870 HKD
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1 HKD = 2680.151 SLL
1 SLL = 0.000 HKD
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1 HKD = 4.568 THB
1 THB = 0.219 HKD
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1 HKD = 4.022 TWD
1 TWD = 0.249 HKD
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1 HKD = 4.920 UAH
1 UAH = 0.203 HKD
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1 HKD = 499.371 UGX
1 UGX = 0.002 HKD
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1 HKD = 4.520 SRD
1 SRD = 0.221 HKD
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1 HKD = 2847.878 STD
1 STD = 0.000 HKD
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1 HKD = 4.096 TRY
1 TRY = 0.244 HKD
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1 HKD = 0.868 TTD
1 TTD = 1.152 HKD
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1 HKD = 0.302 TOP
1 TOP = 3.314 HKD
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1 HKD = 1601.572 UZS
1 UZS = 0.001 HKD
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1 HKD = 31.991 YER
1 YER = 0.031 HKD
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1 HKD = 2.393 ZAR
1 ZAR = 0.418 HKD
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1 HKD = 13.731 RSD
1 RSD = 0.073 HKD
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1 HKD = 11.672 RUB
1 RUB = 0.086 HKD
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1 HKD = 73.030 SOS
1 SOS = 0.014 HKD
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1 HKD = 1.118 SVC
1 SVC = 0.894 HKD
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1 HKD = 321.131 SYP
1 SYP = 0.003 HKD
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1 HKD = 2.373 SZL
1 SZL = 0.421 HKD
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1 HKD = 0.396 TND
1 TND = 2.527 HKD
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1 HKD = 4.962 UYU
1 UYU = 0.202 HKD
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1 HKD = 3150.792 VND
1 VND = 0.000 HKD
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1 HKD = 15.174 VUV
1 VUV = 0.066 HKD
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1 HKD = 0.358 WST
1 WST = 2.794 HKD
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1 HKD = 76.838 XAF
1 XAF = 0.013 HKD
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1 HKD = 0.345 XCD
1 XCD = 2.895 HKD
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1 HKD = 1.717 SCR
1 SCR = 0.583 HKD
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1 HKD = 1.310 SEK
1 SEK = 0.763 HKD
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1 HKD = 0.100 SHP
1 SHP = 9.984 HKD
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1 HKD = 325.840 TZS
1 TZS = 0.003 HKD
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1 HKD = 0.128 USD
1 USD = 7.824 HKD
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1 HKD = 13.979 XPF
1 XPF = 0.072 HKD
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1 HKD = 76.838 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.