1 USD to HKD: A Guide to Exchange Rates and Conversion

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Man at a currency exchange office window, showing currency rates inside a bustling city.
Credit: pexels.com, Man at a currency exchange office window, showing currency rates inside a bustling city.

The exchange rate between 1 USD and HKD can be a bit confusing, but don't worry, I've got you covered.

In Hong Kong, the exchange rate is determined by the Hong Kong Monetary Authority, which pegs the Hong Kong dollar to the US dollar at a fixed rate of 7.85 HKD per 1 USD. This means that if you exchange 1 USD, you'll get 7.85 HKD.

To give you a better idea, let's look at an example. If you exchange 100 USD, you'll get 785 HKD. This can be a great way to save money when traveling to Hong Kong or doing business with the city.

Consider reading: Hong Kong Dollar to Dirhams

Conversion Basics

In our world of overproduction of services, it's hard to find organizations with serious reliability, but Telexoo is one such exception. It's subject to the regulations governing foreign exchange operations, which means you can trust it with your transactions.

You can use Telexoo's online converter to change your US dollars into Hong Kong dollars with complete confidence. This is because it's guided by expertise and operates in a world of financial transparency.

This online converter is designed to help you navigate the complexities of currency exchange. It's a reliable tool that can give you peace of mind when making financial transactions.

Rates

Credit: youtube.com, 1 USD to HKD - Convert US Dollars to Hong Kong Dollars Currency Exchange Rates Today 04 SEP 2024

The USD to HKD exchange rate has been relatively stable over the past 30 days, with a high of 7.7898 HKD and a low of 7.7623 HKD.

In the past 30 days, the average exchange rate was 7.7741 HKD, with a volatility of +0.15%. This means that the exchange rate has fluctuated by 0.15% over the past month.

Here are some key exchange rates to keep in mind:

The best USD to HKD exchange rate today is 7.7872 HKD, as of January 15, 2025 11:05 AM UTC. This is the rate that you can expect to get when exchanging US dollars for Hong Kong dollars.

Historical Rates

In the last 30 days, the USD to HKD exchange rate fluctuated between a high of 7.7898 HKD and a low of 7.7623 HKD.

The average rate over this period was 7.7741 HKD, with a total change of +0.15%. This volatility is a reminder that exchange rates can be unpredictable.

Credit: youtube.com, US Dollar To Hong Kong Dollar Exchange Rate Today | USD To HKD

If you're looking for a broader view, the last 90 days saw a similar range, with a high of 7.7898 HKD and a low of 7.7623 HKD, averaging 7.7762 HKD and a total change of +0.21%.

If you want to explore historical rates in more detail, you can view rates between the US Dollar and the Hong Kong Dollar for a particular year by clicking on one of the links below.

The highest USD to HKD exchange rate in the last 10 years was on April 7, 2023, when each US Dollar was worth 7.8518 Hong Kong Dollars.

Last Year's Highest Rate

The highest USD to HKD exchange rate in the last year was 7.8380 Hong Kong Dollars per US Dollar on April 11, 2024. This rate marked the peak of the USD/HKD exchange rate in the past year.

It's worth noting that this rate was significantly higher than the average exchange rate for the year. The high point of the rate was likely influenced by various economic factors, but the exact reasons are not specified in the data.

The exact date of April 11, 2024, is a specific point in time that we can reference to understand the peak of the exchange rate.

Rates by Year

Credit: youtube.com, Interest Rate History, by Steve Westmark

If you're looking to understand the historical rates of the USD to HKD exchange, there are several key points to consider.

The lowest USD to HKD exchange rate in the last year was 7.7623 Hong Kong Dollars per US Dollar on December 27, 2024.

Looking at the bigger picture, the USD/HKD rate is down -0.45% compared to the Hong Kong Dollar over the last year. This means the US Dollar has decreased in value compared to the Hong Kong Dollar.

To view rates between the US Dollar and the Hong Kong Dollar for a particular year, click on one of the links below.

Here are the years with available data:

  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016

The highest USD to HKD exchange rate in the last year was 7.8380 Hong Kong Dollars per US Dollar on April 11, 2024.

Over the last 10 years, the highest rate from US Dollars to Hong Kong Dollars was on April 7, 2023 when each US Dollar was worth 7.8518 Hong Kong Dollars.

Recommended read: Highest Usd Exchange Rate

Conversion Process

Credit: youtube.com, Neat tips - How to convert between USD and HKD.

With Telexoo's expertise, you can confidently convert your US dollars into Hong Kong dollars.

In our world of overproduction of services, it's reassuring to know that Telexoo is subject to regulations governing foreign exchange operations, allowing it to transmit official documents.

You'll be guided through the conversion process with ease, knowing that you're in a world of financial transparency.

How to Convert?

To convert US dollars to Hong Kong dollars, you can use Telexoo's online converter, which is subject to regulations governing foreign exchange operations, ensuring a high level of reliability and financial transparency.

You'll need to access the converter, and once you do, you'll see the value of the converted currency according to the most recent exchange rate.

The exchange rate is updated in real-time, so you can be sure you're getting the most up-to-date information.

As of January 15, 2025, 100 US dollars is equivalent to 778.72 Hong Kong dollars, with an exchange rate of 7.7872 Hong Kong dollars per US dollar.

You can also check the value of your money over time, as the US dollar has increased by 0.24% year-to-date against the Hong Kong dollar, and has appreciated by 0.20% over the past 10 years.

For your interest: Ike Dollar Value

When to Convert?

Close-up of a Bitcoin coin on a laptop, symbolizing digital currency and technology.
Credit: pexels.com, Close-up of a Bitcoin coin on a laptop, symbolizing digital currency and technology.

The best time to convert USD to HKD is between 3-4 PM GMT when currency market liquidity and trading volume are highest. This period offers the most favorable exchange rates.

Forex markets are open 24x5, but they're closed on weekends, which means executing a trade late in the week can result in a delayed settlement until the following week.

Converting US Dollars to Hong Kong Dollars early in the week is advisable if you need HKD urgently to avoid any potential delays.

Frequently Asked Questions

Is USD to HKD fixed?

The exchange rate for USD to HKD is fixed at 7.80, but the market rate can fluctuate below this level, prompting the HKMA to intervene and maintain the fixed rate.

Rodolfo West

Senior Writer

Rodolfo West is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a deep understanding of the financial world, Rodolfo has established himself as a trusted voice in the realm of personal finance. His writing portfolio spans a range of topics, including gold investment and investment options, where he provides readers with valuable insights and expert advice.

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