Hong Kong dollar
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1 HKD = 0.198 AUD
1 AUD = 5.038 HKD
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1 HKD = 129.990 ARS
1 ARS = 0.008 HKD
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1 HKD = 376.499 BIF
1 BIF = 0.003 HKD
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1 HKD = 0.048 BHD
1 BHD = 20.643 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 = 4.578 HKD
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1 HKD = 10.881 BTN
1 BTN = 0.092 HKD
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1 HKD = 65.254 CRC
1 CRC = 0.015 HKD
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1 HKD = 3.091 CZK
1 CZK = 0.324 HKD
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1 HKD = 0.934 CNY
1 CNY = 1.070 HKD
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1 HKD = 0.913 DKK
1 DKK = 1.095 HKD
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1 HKD = 16.184 ETB
1 ETB = 0.062 HKD
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1 HKD = 1107.895 GNF
1 GNF = 0.001 HKD
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1 HKD = 0.923 HRK
1 HRK = 1.083 HKD
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1 HKD = 2047.867 IDR
1 IDR = 0.000 HKD
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1 HKD = 20.099 JMD
1 JMD = 0.050 HKD
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1 HKD = 11.154 KGS
1 KGS = 0.090 HKD
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1 HKD = 0.239 BAM
1 BAM = 4.189 HKD
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1 HKD = 0.231 ANG
1 ANG = 4.320 HKD
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1 HKD = 1.756 BWP
1 BWP = 0.569 HKD
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1 HKD = 0.173 BND
1 BND = 5.788 HKD
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1 HKD = 367.954 CDF
1 CDF = 0.003 HKD
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1 HKD = 0.259 BZD
1 BZD = 3.863 HKD
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1 HKD = 4202.084 BYR
1 BYR = 0.000 HKD
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1 HKD = 0.239 BGN
1 BGN = 4.177 HKD
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1 HKD = 0.181 CAD
1 CAD = 5.539 HKD
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1 HKD = 17.190 DZD
1 DZD = 0.058 HKD
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1 HKD = 1.928 ERN
1 ERN = 0.519 HKD
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1 HKD = 6.389 EGP
1 EGP = 0.157 HKD
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1 HKD = 0.292 FJD
1 FJD = 3.426 HKD
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1 HKD = 0.102 GBP
1 GBP = 9.848 HKD
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1 HKD = 0.102 FKP
1 FKP = 9.848 HKD
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1 HKD = 0.992 GTQ
1 GTQ = 1.008 HKD
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1 HKD = 1.000 HKD
1 HKD = 1.000 HKD
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1 HKD = 50.764 HUF
1 HUF = 0.020 HKD
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1 HKD = 168.293 IQD
1 IQD = 0.006 HKD
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1 HKD = 5409.990 IRR
1 IRR = 0.000 HKD
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1 HKD = 60.326 KMF
1 KMF = 0.017 HKD
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1 HKD = 180.326 KRW
1 KRW = 0.006 HKD
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1 HKD = 11.942 ALL
1 ALL = 0.084 HKD
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1 HKD = 15.348 BDT
1 BDT = 0.065 HKD
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1 HKD = 0.231 AWG
1 AWG = 4.323 HKD
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1 HKD = 0.779 BRL
1 BRL = 1.284 HKD
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1 HKD = 0.000 BCH
1 BCH = 4181.569 HKD
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1 HKD = 0.000 BTC
1 BTC = 778190.000 HKD
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1 HKD = 0.472 AED
1 AED = 2.119 HKD
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1 HKD = 117.422 AOA
1 AOA = 0.009 HKD
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1 HKD = 0.129 BSD
1 BSD = 7.782 HKD
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1 HKD = 125.983 CLP
1 CLP = 0.008 HKD
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1 HKD = 0.420 BYN
1 BYN = 2.379 HKD
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1 HKD = 571.611 COP
1 COP = 0.002 HKD
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1 HKD = 3.309 CUP
1 CUP = 0.302 HKD
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1 HKD = 0.000 ETH
1 ETH = 28297.818 HKD
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1 HKD = 0.122 EUR
1 EUR = 8.169 HKD
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1 HKD = 3.246 HNL
1 HNL = 0.308 HKD
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1 HKD = 9.124 GMD
1 GMD = 0.110 HKD
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1 HKD = 0.102 GIP
1 GIP = 9.848 HKD
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1 HKD = 16.833 HTG
1 HTG = 0.059 HKD
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1 HKD = 0.091 JOD
1 JOD = 10.974 HKD
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1 HKD = 19.218 JPY
1 JPY = 0.052 HKD
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1 HKD = 8.738 AFN
1 AFN = 0.114 HKD
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1 HKD = 0.257 BBD
1 BBD = 3.891 HKD
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1 HKD = 0.129 BMD
1 BMD = 7.782 HKD
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1 HKD = 51.140 AMD
1 AMD = 0.020 HKD
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1 HKD = 0.114 CHF
1 CHF = 8.776 HKD
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1 HKD = 22.843 DJF
1 DJF = 0.044 HKD
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1 HKD = 7.765 DOP
1 DOP = 0.129 HKD
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1 HKD = 13.493 CVE
1 CVE = 0.074 HKD
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1 HKD = 0.366 GEL
1 GEL = 2.735 HKD
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1 HKD = 1.957 GHS
1 GHS = 0.511 HKD
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1 HKD = 26.874 GYD
1 GYD = 0.037 HKD
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1 HKD = 0.469 ILS
1 ILS = 2.132 HKD
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1 HKD = 10.887 INR
1 INR = 0.092 HKD
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1 HKD = 17.836 ISK
1 ISK = 0.056 HKD
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1 HKD = 518.191 KHR
1 KHR = 0.002 HKD
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1 HKD = 16.654 KES
1 KES = 0.060 HKD
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1 HKD = 0.040 KWD
1 KWD = 25.314 HKD
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1 HKD = 67.487 KZT
1 KZT = 0.015 HKD
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1 HKD = 37.340 LKR
1 LKR = 0.027 HKD
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1 HKD = 1.285 MAD
1 MAD = 0.778 HKD
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1 HKD = 269.600 MMK
1 MMK = 0.004 HKD
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1 HKD = 436.654 MNT
1 MNT = 0.002 HKD
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1 HKD = 5.988 MUR
1 MUR = 0.167 HKD
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1 HKD = 51.243 MRO
1 MRO = 0.020 HKD
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1 HKD = 1.985 MVR
1 MVR = 0.504 HKD
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1 HKD = 222.867 MWK
1 MWK = 0.004 HKD
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1 HKD = 0.218 NZD
1 NZD = 4.579 HKD
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1 HKD = 17.410 NPR
1 NPR = 0.057 HKD
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1 HKD = 7.548 PHP
1 PHP = 0.132 HKD
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1 HKD = 35.700 PKR
1 PKR = 0.028 HKD
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1 HKD = 177.071 RWF
1 RWF = 0.006 HKD
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1 HKD = 0.001 LTC
1 LTC = 1037.587 HKD
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1 HKD = 2.622 MXN
1 MXN = 0.381 HKD
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1 HKD = 4.726 NIO
1 NIO = 0.212 HKD
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1 HKD = 0.610 RON
1 RON = 1.640 HKD
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1 HKD = 115.653 KPW
1 KPW = 0.009 HKD
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1 HKD = 0.107 KYD
1 KYD = 9.342 HKD
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1 HKD = 11503.193 LBP
1 LBP = 0.000 HKD
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1 HKD = 0.626 LYD
1 LYD = 1.598 HKD
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1 HKD = 2819.401 LAK
1 LAK = 0.000 HKD
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1 HKD = 604.029 MGA
1 MGA = 0.002 HKD
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1 HKD = 23.015 LRD
1 LRD = 0.043 HKD
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1 HKD = 7.530 MKD
1 MKD = 0.133 HKD
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1 HKD = 2.336 LSL
1 LSL = 0.428 HKD
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1 HKD = 1.029 MOP
1 MOP = 0.971 HKD
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1 HKD = 2.347 MDL
1 MDL = 0.426 HKD
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1 HKD = 2.336 NAD
1 NAD = 0.428 HKD
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1 HKD = 0.573 MYR
1 MYR = 1.745 HKD
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1 HKD = 0.049 OMR
1 OMR = 20.215 HKD
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1 HKD = 214.620 NGN
1 NGN = 0.005 HKD
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1 HKD = 0.518 PGK
1 PGK = 1.929 HKD
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1 HKD = 0.129 PAB
1 PAB = 7.782 HKD
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1 HKD = 0.481 PEN
1 PEN = 2.080 HKD
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1 HKD = 1.426 NOK
1 NOK = 0.701 HKD
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1 HKD = 0.525 PLN
1 PLN = 1.906 HKD
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1 HKD = 1002.609 PYG
1 PYG = 0.001 HKD
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1 HKD = 0.468 QAR
1 QAR = 2.137 HKD
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1 HKD = 1.071 SBD
1 SBD = 0.934 HKD
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1 HKD = 0.483 SAR
1 SAR = 2.071 HKD
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1 HKD = 0.173 SGD
1 SGD = 5.787 HKD
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1 HKD = 2694.650 SLL
1 SLL = 0.000 HKD
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1 HKD = 4.435 THB
1 THB = 0.225 HKD
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1 HKD = 4.189 TWD
1 TWD = 0.239 HKD
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1 HKD = 5.358 UAH
1 UAH = 0.187 HKD
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1 HKD = 473.967 UGX
1 UGX = 0.002 HKD
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1 HKD = 4.550 SRD
1 SRD = 0.220 HKD
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1 HKD = 2863.285 STD
1 STD = 0.000 HKD
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1 HKD = 4.465 TRY
1 TRY = 0.224 HKD
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1 HKD = 0.869 TTD
1 TTD = 1.150 HKD
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1 HKD = 0.307 TOP
1 TOP = 3.256 HKD
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1 HKD = 1650.420 UZS
1 UZS = 0.001 HKD
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1 HKD = 32.177 YER
1 YER = 0.031 HKD
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1 HKD = 2.330 ZAR
1 ZAR = 0.429 HKD
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1 HKD = 14.320 RSD
1 RSD = 0.070 HKD
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1 HKD = 13.687 RUB
1 RUB = 0.073 HKD
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1 HKD = 73.420 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 = 322.868 SYP
1 SYP = 0.003 HKD
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1 HKD = 2.335 SZL
1 SZL = 0.428 HKD
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1 HKD = 0.406 TND
1 TND = 2.464 HKD
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1 HKD = 5.546 UYU
1 UYU = 0.180 HKD
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1 HKD = 3261.093 VND
1 VND = 0.000 HKD
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1 HKD = 15.256 VUV
1 VUV = 0.066 HKD
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1 HKD = 0.360 WST
1 WST = 2.779 HKD
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1 HKD = 80.298 XAF
1 XAF = 0.012 HKD
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1 HKD = 0.347 XCD
1 XCD = 2.879 HKD
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1 HKD = 1.754 SCR
1 SCR = 0.570 HKD
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1 HKD = 1.413 SEK
1 SEK = 0.708 HKD
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1 HKD = 0.102 SHP
1 SHP = 9.848 HKD
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1 HKD = 339.179 TZS
1 TZS = 0.003 HKD
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1 HKD = 0.129 USD
1 USD = 7.782 HKD
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1 HKD = 14.608 XPF
1 XPF = 0.068 HKD
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1 HKD = 80.298 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.