Historic United States dollar Hong Kong dollar

United States dollar hong kong dollar history for October 2023. The highest quote for this month is 7.8341 (03/10/2023) and the lowest 7.8313 (07/10/2023). The difference between high and low is 0.04.

USD HKD average rate for October 2023 is 7.82527, the change between 01/10/2023 and 31/10/2023 is +0.12 %.

01 October 20231 USD = 7.83 HKD
03 October 20231 USD = 7.83 HKD
04 October 20231 USD = 7.83 HKD
06 October 20231 USD = 7.83 HKD
07 October 20231 USD = 7.83 HKD
08 October 20231 USD = 7.83 HKD
09 October 20231 USD = 7.83 HKD
10 October 20231 USD = 7.83 HKD
11 October 20231 USD = 7.82 HKD
13 October 20231 USD = 7.82 HKD
16 October 20231 USD = 7.82 HKD
17 October 20231 USD = 7.82 HKD
18 October 20231 USD = 7.82 HKD
19 October 20231 USD = 7.83 HKD
20 October 20231 USD = 7.82 HKD
21 October 20231 USD = 7.82 HKD
22 October 20231 USD = 7.82 HKD
23 October 20231 USD = 7.83 HKD
24 October 20231 USD = 7.82 HKD
25 October 20231 USD = 7.82 HKD
26 October 20231 USD = 7.82 HKD
27 October 20231 USD = 7.82 HKD
28 October 20231 USD = 7.82 HKD
29 October 20231 USD = 7.82 HKD
30 October 20231 USD = 7.82 HKD
31 October 20231 USD = 7.82 HKD

18/05/2005: Removal of Ten Hong Kong Dollars Note

The Hong Kong Monetary Authority announced the removal of the HKD 10 paper note from circulation, encouraging the usage of electronic payment methods and reducing printing costs.

01/07/1997: Hong Kong's Handover to China

Hong Kong was officially handed over to China, marking the end of British colonial rule but maintaining the Hong Kong Dollar as its currency under the 'one country, two systems' principle.

17/10/1991: Linked Exchange Rate System

The Linked Exchange Rate System (LERS) was implemented, establishing a narrow trading range of HKD 7.75 to 7.85 against the U.S. Dollar, backed by stringent measures to maintain stability.

31/12/1983: Joint Declaration on the Future of Hong Kong

The Sino-British Joint Declaration was signed, affirming Hong Kong's return to China in 1997 and ensuring the continuity of the Hong Kong Dollar as its official currency.

22/05/1972: Pegging to the U.S. Dollar

As the British Pound faced pressures in the foreign exchange market, Hong Kong decided to switch the peg to the U.S. Dollar at a rate of HKD 5.65 to USD 1.

12/09/1935: Pegging to the Sterling

The Hong Kong Dollar was pegged to the British Pound (Sterling) at a fixed exchange rate of HKD 16 to GBP 1, which helped stabilize the currency.

01/01/1863: Introduction of the Hong Kong Dollar

The Hong Kong Dollar was first introduced as an official currency by the British colonial government to facilitate trade and commerce in Hong Kong.