Hong Kong dollar
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1 HKD = 0.197 AUD
1 AUD = 5.079 HKD
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1 HKD = 173.517 ARS
1 ARS = 0.006 HKD
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1 HKD = 374.088 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 = 0.882 BOB
1 BOB = 1.134 HKD
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1 HKD = 0.217 AZN
1 AZN = 4.617 HKD
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1 HKD = 11.114 BTN
1 BTN = 0.090 HKD
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1 HKD = 64.632 CRC
1 CRC = 0.015 HKD
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1 HKD = 2.701 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 = 0.821 DKK
1 DKK = 1.218 HKD
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1 HKD = 17.600 ETB
1 ETB = 0.057 HKD
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1 HKD = 1107.916 GNF
1 GNF = 0.001 HKD
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1 HKD = 0.828 HRK
1 HRK = 1.208 HKD
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1 HKD = 2099.841 IDR
1 IDR = 0.000 HKD
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1 HKD = 20.405 JMD
1 JMD = 0.049 HKD
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1 HKD = 11.141 KGS
1 KGS = 0.090 HKD
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1 HKD = 0.215 BAM
1 BAM = 4.652 HKD
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1 HKD = 0.229 ANG
1 ANG = 4.368 HKD
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1 HKD = 1.733 BWP
1 BWP = 0.577 HKD
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1 HKD = 0.164 BND
1 BND = 6.088 HKD
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1 HKD = 367.211 CDF
1 CDF = 0.003 HKD
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1 HKD = 0.257 BZD
1 BZD = 3.890 HKD
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1 HKD = 4178.610 BYR
1 BYR = 0.000 HKD
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1 HKD = 0.215 BGN
1 BGN = 4.652 HKD
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1 HKD = 0.176 CAD
1 CAD = 5.691 HKD
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1 HKD = 16.783 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 = 0.292 FJD
1 FJD = 3.424 HKD
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1 HKD = 0.096 GBP
1 GBP = 10.415 HKD
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1 HKD = 0.096 FKP
1 FKP = 10.415 HKD
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1 HKD = 0.977 GTQ
1 GTQ = 1.024 HKD
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1 HKD = 1.000 HKD
1 HKD = 1.000 HKD
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1 HKD = 43.776 HUF
1 HUF = 0.023 HKD
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1 HKD = 166.920 IQD
1 IQD = 0.006 HKD
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1 HKD = 5350.991 IRR
1 IRR = 0.000 HKD
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1 HKD = 54.068 KMF
1 KMF = 0.018 HKD
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1 HKD = 177.248 KRW
1 KRW = 0.006 HKD
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1 HKD = 10.866 ALL
1 ALL = 0.092 HKD
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1 HKD = 15.588 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 = 0.707 BRL
1 BRL = 1.413 HKD
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1 HKD = 0.000 BCH
1 BCH = 4098.956 HKD
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1 HKD = 0.000 BTC
1 BTC = 872166.667 HKD
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1 HKD = 0.468 AED
1 AED = 2.137 HKD
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1 HKD = 116.178 AOA
1 AOA = 0.009 HKD
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1 HKD = 0.127 BSD
1 BSD = 7.850 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 = 525.506 COP
1 COP = 0.002 HKD
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1 HKD = 3.053 CUP
1 CUP = 0.328 HKD
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1 HKD = 0.000 ETH
1 ETH = 26881.849 HKD
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1 HKD = 0.110 EUR
1 EUR = 9.099 HKD
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1 HKD = 3.341 HNL
1 HNL = 0.299 HKD
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1 HKD = 9.255 GMD
1 GMD = 0.108 HKD
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1 HKD = 0.096 GIP
1 GIP = 10.415 HKD
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1 HKD = 16.992 HTG
1 HTG = 0.059 HKD
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1 HKD = 0.090 JOD
1 JOD = 11.071 HKD
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1 HKD = 18.801 JPY
1 JPY = 0.053 HKD
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1 HKD = 8.755 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 = 7.850 HKD
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1 HKD = 48.860 AMD
1 AMD = 0.020 HKD
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1 HKD = 0.102 CHF
1 CHF = 9.758 HKD
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1 HKD = 22.728 DJF
1 DJF = 0.044 HKD
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1 HKD = 7.731 DOP
1 DOP = 0.129 HKD
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1 HKD = 12.119 CVE
1 CVE = 0.083 HKD
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1 HKD = 0.345 GEL
1 GEL = 2.902 HKD
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1 HKD = 1.332 GHS
1 GHS = 0.751 HKD
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1 HKD = 26.623 GYD
1 GYD = 0.038 HKD
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1 HKD = 0.434 ILS
1 ILS = 2.302 HKD
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1 HKD = 11.114 INR
1 INR = 0.090 HKD
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1 HKD = 15.853 ISK
1 ISK = 0.063 HKD
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1 HKD = 509.728 KHR
1 KHR = 0.002 HKD
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1 HKD = 16.479 KES
1 KES = 0.061 HKD
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1 HKD = 0.039 KWD
1 KWD = 25.618 HKD
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1 HKD = 69.110 KZT
1 KZT = 0.014 HKD
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1 HKD = 38.383 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 = 267.487 MMK
1 MMK = 0.004 HKD
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1 HKD = 457.837 MNT
1 MNT = 0.002 HKD
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1 HKD = 5.930 MUR
1 MUR = 0.169 HKD
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1 HKD = 51.127 MRO
1 MRO = 0.020 HKD
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1 HKD = 1.970 MVR
1 MVR = 0.508 HKD
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1 HKD = 220.832 MWK
1 MWK = 0.005 HKD
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1 HKD = 0.215 NZD
1 NZD = 4.643 HKD
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1 HKD = 17.791 NPR
1 NPR = 0.056 HKD
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1 HKD = 7.352 PHP
1 PHP = 0.136 HKD
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1 HKD = 36.006 PKR
1 PKR = 0.028 HKD
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1 HKD = 184.063 RWF
1 RWF = 0.005 HKD
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1 HKD = 0.001 LTC
1 LTC = 827.395 HKD
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1 HKD = 2.403 MXN
1 MXN = 0.416 HKD
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1 HKD = 4.666 NIO
1 NIO = 0.214 HKD
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1 HKD = 0.558 RON
1 RON = 1.793 HKD
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1 HKD = 114.657 KPW
1 KPW = 0.009 HKD
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1 HKD = 0.104 KYD
1 KYD = 9.573 HKD
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1 HKD = 11485.305 LBP
1 LBP = 0.000 HKD
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1 HKD = 0.696 LYD
1 LYD = 1.437 HKD
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1 HKD = 2755.042 LAK
1 LAK = 0.000 HKD
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1 HKD = 569.215 MGA
1 MGA = 0.002 HKD
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1 HKD = 25.608 LRD
1 LRD = 0.039 HKD
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1 HKD = 6.714 MKD
1 MKD = 0.149 HKD
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1 HKD = 2.307 LSL
1 LSL = 0.434 HKD
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1 HKD = 1.030 MOP
1 MOP = 0.971 HKD
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1 HKD = 2.183 MDL
1 MDL = 0.458 HKD
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1 HKD = 2.307 NAD
1 NAD = 0.434 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 = 20.383 HKD
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1 HKD = 194.829 NGN
1 NGN = 0.005 HKD
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1 HKD = 0.525 PGK
1 PGK = 1.905 HKD
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1 HKD = 0.127 PAB
1 PAB = 7.850 HKD
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1 HKD = 0.456 PEN
1 PEN = 2.191 HKD
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1 HKD = 1.304 NOK
1 NOK = 0.767 HKD
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1 HKD = 0.469 PLN
1 PLN = 2.132 HKD
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1 HKD = 949.722 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 = 1.053 SBD
1 SBD = 0.950 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 = 6.088 HKD
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1 HKD = 2889.343 SLL
1 SLL = 0.000 HKD
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1 HKD = 4.141 THB
1 THB = 0.242 HKD
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1 HKD = 3.806 TWD
1 TWD = 0.263 HKD
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1 HKD = 5.330 UAH
1 UAH = 0.188 HKD
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1 HKD = 456.452 UGX
1 UGX = 0.002 HKD
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1 HKD = 4.663 SRD
1 SRD = 0.214 HKD
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1 HKD = 2700.962 STD
1 STD = 0.000 HKD
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1 HKD = 5.175 TRY
1 TRY = 0.193 HKD
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1 HKD = 0.862 TTD
1 TTD = 1.160 HKD
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1 HKD = 0.305 TOP
1 TOP = 3.274 HKD
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1 HKD = 1620.103 UZS
1 UZS = 0.001 HKD
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1 HKD = 30.639 YER
1 YER = 0.033 HKD
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1 HKD = 2.307 ZAR
1 ZAR = 0.434 HKD
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1 HKD = 12.884 RSD
1 RSD = 0.078 HKD
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1 HKD = 10.200 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 = 1656.398 SYP
1 SYP = 0.001 HKD
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1 HKD = 2.307 SZL
1 SZL = 0.434 HKD
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1 HKD = 0.369 TND
1 TND = 2.713 HKD
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1 HKD = 5.126 UYU
1 UYU = 0.195 HKD
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1 HKD = 3337.168 VND
1 VND = 0.000 HKD
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1 HKD = 15.363 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 = 72.091 XAF
1 XAF = 0.014 HKD
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1 HKD = 0.344 XCD
1 XCD = 2.907 HKD
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1 HKD = 1.908 SCR
1 SCR = 0.524 HKD
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1 HKD = 1.231 SEK
1 SEK = 0.813 HKD
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1 HKD = 0.096 SHP
1 SHP = 10.415 HKD
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1 HKD = 319.196 TZS
1 TZS = 0.003 HKD
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1 HKD = 0.127 USD
1 USD = 7.850 HKD
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1 HKD = 13.115 XPF
1 XPF = 0.076 HKD
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1 HKD = 72.091 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.