Hong Kong dollar
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1 HKD = 0.199 AUD
1 AUD = 5.013 HKD
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1 HKD = 129.984 ARS
1 ARS = 0.008 HKD
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1 HKD = 378.027 BIF
1 BIF = 0.003 HKD
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1 HKD = 0.048 BHD
1 BHD = 20.702 HKD
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1 HKD = 0.888 BOB
1 BOB = 1.127 HKD
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1 HKD = 0.218 AZN
1 AZN = 4.579 HKD
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1 HKD = 10.882 BTN
1 BTN = 0.092 HKD
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1 HKD = 65.235 CRC
1 CRC = 0.015 HKD
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1 HKD = 3.074 CZK
1 CZK = 0.325 HKD
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1 HKD = 0.934 CNY
1 CNY = 1.070 HKD
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1 HKD = 0.912 DKK
1 DKK = 1.097 HKD
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1 HKD = 16.105 ETB
1 ETB = 0.062 HKD
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1 HKD = 1107.823 GNF
1 GNF = 0.001 HKD
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1 HKD = 0.921 HRK
1 HRK = 1.086 HKD
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1 HKD = 2047.303 IDR
1 IDR = 0.000 HKD
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1 HKD = 20.209 JMD
1 JMD = 0.049 HKD
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1 HKD = 11.151 KGS
1 KGS = 0.090 HKD
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1 HKD = 0.239 BAM
1 BAM = 4.183 HKD
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1 HKD = 0.231 ANG
1 ANG = 4.326 HKD
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1 HKD = 1.755 BWP
1 BWP = 0.570 HKD
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1 HKD = 0.173 BND
1 BND = 5.788 HKD
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1 HKD = 367.169 CDF
1 CDF = 0.003 HKD
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1 HKD = 0.259 BZD
1 BZD = 3.864 HKD
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1 HKD = 4201.059 BYR
1 BYR = 0.000 HKD
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1 HKD = 0.239 BGN
1 BGN = 4.183 HKD
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1 HKD = 0.181 CAD
1 CAD = 5.535 HKD
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1 HKD = 17.192 DZD
1 DZD = 0.058 HKD
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1 HKD = 1.927 ERN
1 ERN = 0.519 HKD
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1 HKD = 6.390 EGP
1 EGP = 0.157 HKD
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1 HKD = 0.293 FJD
1 FJD = 3.417 HKD
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1 HKD = 0.101 GBP
1 GBP = 9.872 HKD
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1 HKD = 0.101 FKP
1 FKP = 9.872 HKD
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1 HKD = 0.991 GTQ
1 GTQ = 1.009 HKD
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1 HKD = 1.000 HKD
1 HKD = 1.000 HKD
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1 HKD = 50.746 HUF
1 HUF = 0.020 HKD
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1 HKD = 168.445 IQD
1 IQD = 0.006 HKD
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1 HKD = 5408.412 IRR
1 IRR = 0.000 HKD
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1 HKD = 60.135 KMF
1 KMF = 0.017 HKD
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1 HKD = 181.715 KRW
1 KRW = 0.006 HKD
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1 HKD = 12.001 ALL
1 ALL = 0.083 HKD
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1 HKD = 15.365 BDT
1 BDT = 0.065 HKD
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1 HKD = 0.230 AWG
1 AWG = 4.348 HKD
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1 HKD = 0.776 BRL
1 BRL = 1.288 HKD
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1 HKD = 0.000 BCH
1 BCH = 4494.111 HKD
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1 HKD = 0.000 BTC
1 BTC = 778380.000 HKD
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1 HKD = 0.472 AED
1 AED = 2.119 HKD
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1 HKD = 118.392 AOA
1 AOA = 0.008 HKD
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1 HKD = 0.128 BSD
1 BSD = 7.784 HKD
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1 HKD = 125.007 CLP
1 CLP = 0.008 HKD
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1 HKD = 0.420 BYN
1 BYN = 2.380 HKD
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1 HKD = 570.187 COP
1 COP = 0.002 HKD
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1 HKD = 3.083 CUP
1 CUP = 0.324 HKD
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1 HKD = 0.000 ETH
1 ETH = 28936.059 HKD
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1 HKD = 0.122 EUR
1 EUR = 8.181 HKD
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1 HKD = 3.251 HNL
1 HNL = 0.308 HKD
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1 HKD = 9.198 GMD
1 GMD = 0.109 HKD
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1 HKD = 0.101 GIP
1 GIP = 9.872 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 = 10.979 HKD
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1 HKD = 19.320 JPY
1 JPY = 0.052 HKD
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1 HKD = 8.748 AFN
1 AFN = 0.114 HKD
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1 HKD = 0.257 BBD
1 BBD = 3.892 HKD
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1 HKD = 0.128 BMD
1 BMD = 7.784 HKD
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1 HKD = 51.503 AMD
1 AMD = 0.019 HKD
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1 HKD = 0.114 CHF
1 CHF = 8.780 HKD
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1 HKD = 22.882 DJF
1 DJF = 0.044 HKD
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1 HKD = 7.780 DOP
1 DOP = 0.129 HKD
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1 HKD = 13.478 CVE
1 CVE = 0.074 HKD
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1 HKD = 0.363 GEL
1 GEL = 2.752 HKD
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1 HKD = 1.949 GHS
1 GHS = 0.513 HKD
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1 HKD = 26.825 GYD
1 GYD = 0.037 HKD
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1 HKD = 0.465 ILS
1 ILS = 2.152 HKD
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1 HKD = 10.882 INR
1 INR = 0.092 HKD
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1 HKD = 17.810 ISK
1 ISK = 0.056 HKD
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1 HKD = 518.941 KHR
1 KHR = 0.002 HKD
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1 HKD = 16.650 KES
1 KES = 0.060 HKD
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1 HKD = 0.040 KWD
1 KWD = 25.311 HKD
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1 HKD = 67.119 KZT
1 KZT = 0.015 HKD
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1 HKD = 37.328 LKR
1 LKR = 0.027 HKD
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1 HKD = 1.284 MAD
1 MAD = 0.779 HKD
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1 HKD = 269.627 MMK
1 MMK = 0.004 HKD
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1 HKD = 441.283 MNT
1 MNT = 0.002 HKD
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1 HKD = 6.015 MUR
1 MUR = 0.166 HKD
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1 HKD = 51.084 MRO
1 MRO = 0.020 HKD
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1 HKD = 1.982 MVR
1 MVR = 0.505 HKD
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1 HKD = 223.061 MWK
1 MWK = 0.004 HKD
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1 HKD = 0.219 NZD
1 NZD = 4.559 HKD
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1 HKD = 17.418 NPR
1 NPR = 0.057 HKD
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1 HKD = 7.485 PHP
1 PHP = 0.134 HKD
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1 HKD = 35.731 PKR
1 PKR = 0.028 HKD
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1 HKD = 177.354 RWF
1 RWF = 0.006 HKD
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1 HKD = 0.001 LTC
1 LTC = 1029.331 HKD
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1 HKD = 2.613 MXN
1 MXN = 0.383 HKD
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1 HKD = 4.729 NIO
1 NIO = 0.211 HKD
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1 HKD = 0.608 RON
1 RON = 1.644 HKD
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1 HKD = 115.622 KPW
1 KPW = 0.009 HKD
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1 HKD = 0.106 KYD
1 KYD = 9.423 HKD
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1 HKD = 11548.280 LBP
1 LBP = 0.000 HKD
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1 HKD = 0.628 LYD
1 LYD = 1.593 HKD
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1 HKD = 2820.974 LAK
1 LAK = 0.000 HKD
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1 HKD = 603.361 MGA
1 MGA = 0.002 HKD
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1 HKD = 23.026 LRD
1 LRD = 0.043 HKD
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1 HKD = 7.520 MKD
1 MKD = 0.133 HKD
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1 HKD = 2.329 LSL
1 LSL = 0.429 HKD
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1 HKD = 1.030 MOP
1 MOP = 0.971 HKD
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1 HKD = 2.350 MDL
1 MDL = 0.425 HKD
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1 HKD = 2.329 NAD
1 NAD = 0.429 HKD
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1 HKD = 0.571 MYR
1 MYR = 1.750 HKD
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1 HKD = 0.049 OMR
1 OMR = 20.218 HKD
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1 HKD = 213.096 NGN
1 NGN = 0.005 HKD
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1 HKD = 0.514 PGK
1 PGK = 1.944 HKD
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1 HKD = 0.128 PAB
1 PAB = 7.784 HKD
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1 HKD = 0.483 PEN
1 PEN = 2.072 HKD
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1 HKD = 1.420 NOK
1 NOK = 0.704 HKD
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1 HKD = 0.525 PLN
1 PLN = 1.906 HKD
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1 HKD = 1003.088 PYG
1 PYG = 0.001 HKD
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1 HKD = 0.468 QAR
1 QAR = 2.138 HKD
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1 HKD = 1.079 SBD
1 SBD = 0.927 HKD
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1 HKD = 0.482 SAR
1 SAR = 2.076 HKD
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1 HKD = 0.173 SGD
1 SGD = 5.788 HKD
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1 HKD = 2922.660 SLL
1 SLL = 0.000 HKD
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1 HKD = 4.406 THB
1 THB = 0.227 HKD
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1 HKD = 4.167 TWD
1 TWD = 0.240 HKD
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1 HKD = 5.356 UAH
1 UAH = 0.187 HKD
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1 HKD = 473.135 UGX
1 UGX = 0.002 HKD
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1 HKD = 4.563 SRD
1 SRD = 0.219 HKD
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1 HKD = 3013.027 STD
1 STD = 0.000 HKD
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1 HKD = 4.466 TRY
1 TRY = 0.224 HKD
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1 HKD = 0.871 TTD
1 TTD = 1.149 HKD
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1 HKD = 0.308 TOP
1 TOP = 3.252 HKD
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1 HKD = 1650.158 UZS
1 UZS = 0.001 HKD
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1 HKD = 32.115 YER
1 YER = 0.031 HKD
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1 HKD = 2.329 ZAR
1 ZAR = 0.429 HKD
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1 HKD = 14.298 RSD
1 RSD = 0.070 HKD
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1 HKD = 13.484 RUB
1 RUB = 0.074 HKD
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1 HKD = 73.304 SOS
1 SOS = 0.014 HKD
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1 HKD = 1.124 SVC
1 SVC = 0.890 HKD
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1 HKD = 1670.380 SYP
1 SYP = 0.001 HKD
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1 HKD = 2.329 SZL
1 SZL = 0.429 HKD
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1 HKD = 0.406 TND
1 TND = 2.464 HKD
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1 HKD = 5.556 UYU
1 UYU = 0.180 HKD
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1 HKD = 3270.164 VND
1 VND = 0.000 HKD
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1 HKD = 15.550 VUV
1 VUV = 0.064 HKD
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1 HKD = 0.358 WST
1 WST = 2.795 HKD
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1 HKD = 80.179 XAF
1 XAF = 0.012 HKD
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1 HKD = 0.348 XCD
1 XCD = 2.877 HKD
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1 HKD = 1.934 SCR
1 SCR = 0.517 HKD
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1 HKD = 1.415 SEK
1 SEK = 0.707 HKD
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1 HKD = 0.101 SHP
1 SHP = 9.872 HKD
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1 HKD = 338.106 TZS
1 TZS = 0.003 HKD
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1 HKD = 0.128 USD
1 USD = 7.784 HKD
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1 HKD = 14.587 XPF
1 XPF = 0.069 HKD
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1 HKD = 80.179 XOF
1 XOF = 0.012 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.