
The Hong Kong dollar is a unique currency that's pegged to the US dollar, which means its value is tied to the US dollar's exchange rate. This is reflected in the fact that the Hong Kong dollar is often abbreviated as "HKD" and is subdivided into 100 cents.
One key thing to know is that the Hong Kong Monetary Authority (HKMA) is responsible for managing the Hong Kong dollar's exchange rate. The HKMA uses a currency board system to maintain the peg, which means it's required to hold an amount of US dollars equal to the value of the Hong Kong dollars in circulation.
The exchange rate is a crucial aspect of the Hong Kong dollar's value. As of our knowledge cutoff, the exchange rate was around 7.75 HKD per USD. This rate can fluctuate over time, affecting the value of your money when converting between the two currencies.
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Conversion Basics
To convert US dollars to Hong Kong dollars, you simply need to type in the amount you want to convert and use a currency converter.
The conversion rate is based on the current exchange rate, which can fluctuate over time.
To get an idea of the current rate, you can check the conversion rates listed in the currency converter, which show the equivalent value of US dollars in Hong Kong dollars.
For example, according to the conversion rates, 100 US dollars is equivalent to 778.72 Hong Kong dollars.
Here's a quick reference table to help you convert US dollars to Hong Kong dollars:
You can see that the conversion rate is relatively stable, with a small change in the value of Hong Kong dollars for each increment of US dollars.
To get the most up-to-date conversion rate, be sure to check the currency converter regularly.
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Currency Information
As you explore the world of currency exchange, you'll likely come across the Hong Kong Dollar (HKD) and the US Dollar (USD). The current exchange rate is 1 HKD = 0.1286 USD, which is a great starting point for understanding the value of each currency.
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The exchange rate can fluctuate over time, but as of 05/01/2025 16:36, this is the current rate. It's a good idea to keep an eye on these rates if you're planning to travel or conduct business across borders.
One of the most useful tools for converting currencies is a live currency converter. This handy tool allows you to quickly and easily convert HKD to USD or vice versa.
Here are some key conversion rates to keep in mind:
These conversion rates are based on the current exchange rate and can be used to estimate the value of a given amount of HKD in USD. Keep in mind that exchange rates can fluctuate, so it's always a good idea to double-check the current rate before making any conversions.
Currency Charts
Currency Charts can be a great way to visualize the exchange rate between the US Dollar and the Hong Kong Dollar.
You can find the current exchange rate by checking the currency charts online, which can be updated daily.
For example, as of January 15, 2025 11:05 AM UTC, the best USD to HKD exchange rate is 7.7872 HKD.
This means that for every US Dollar you exchange, you will receive 7.7872 Hong Kong Dollars.
To get a better understanding of the exchange rate, you can also check the high, low, and average exchange rates over the past 30 or 90 days.
According to the daily updates, the high exchange rate over the past 30 days was 7.7954, while the low was 7.7754.
Here is a summary of the exchange rate over the past 30 days:
The exchange rate can also be compared to other currencies, such as the US Dollar, which has increased +0.24% year-to-date against the Hong Kong Dollar.
Conversion Tools and Resources
If you want to convert US dollars to Hong Kong dollars, you can use a currency converter tool. Simply type in the box how much you want to convert, click on the dropdown to select USD in the first dropdown as the currency that you want to convert and HKD in the second dropdown as the currency you want to convert to, and our currency converter will show you the current USD to HKD rate and how it's changed over the past day, week or month.
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Our currency converter will also show you the current exchange rate, which is 1 USD = 7.7872 HKD. You can also see the conversion rates for different amounts, such as 5 USD = 38.936 HKD, 10 USD = 77.872 HKD, and so on.
To get the best Hong Kong dollar exchange rate, it's a good idea to shop around and compare currency suppliers. You can use a comparison tool to find the top suppliers who fit your needs and budget.
Here are some popular Hong Kong dollar exchange rates:
Note that these exchange rates are subject to change and may not reflect the current rate. It's always a good idea to check the current rate before making a conversion.
Frequently Asked Questions
Is USD to HKD exchange rate fixed?
The exchange rate between USD and HKD is pegged to a fixed rate of 7.80, with the HKMA intervening to maintain this rate when market fluctuations occur. However, the market rate may temporarily deviate from this fixed rate.
Is the US dollar strong in Hong Kong today?
The US dollar has slightly increased in value against the Hong Kong dollar, rising by 0.06% from the previous market day. However, its value has decreased by 0.57% over the past year.
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