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The US dollar to Hong Kong dollar exchange rate has a fascinating history, with fluctuations that can be attributed to various economic and political factors.
In the early 1980s, the Hong Kong dollar was pegged to the US dollar at a fixed rate of 7.85 HKD to 1 USD, which remained relatively stable for over a decade.
This fixed exchange rate was a deliberate policy decision to maintain economic stability and attract foreign investment to Hong Kong.
The peg was maintained until 2005, when the Hong Kong Monetary Authority (HKMA) introduced a managed float system, allowing the exchange rate to fluctuate within a narrow band.
The managed float system has been in place since, with the HKMA actively intervening in the foreign exchange market to maintain the stability of the Hong Kong dollar.
The Hong Kong dollar has generally appreciated against the US dollar over the past few decades, with the exchange rate reaching as high as 7.75 HKD to 1 USD in 2011.
Exchange Rate History
The US dollar to Hong Kong dollar exchange rate has been on a downward trend over the past six months, decreasing by -0.29% since July 29, 2024.
This decline means that the Hong Kong dollar has gained value compared to the US dollar.
If you're looking to convert a large amount of US dollars to Hong Kong dollars, you can refer to the historical exchange rates chart, which shows the rate for different denominations of US dollars up to 1 million.
Here's a breakdown of the exchange rates for various amounts of US dollars:
Factors Affecting Exchange Rate
The exchange rate between the US dollar and the Hong Kong dollar is influenced by a variety of factors. Economic indicators, such as GDP growth, inflation, and interest rates, can significantly impact the exchange rate.
Economic indicators are a key driver of exchange rate fluctuations. GDP growth, for instance, can indicate a country's economic health, which in turn can affect the value of its currency.
Geopolitical events, such as elections and trade agreements, can also have a significant impact on the exchange rate. These events can create uncertainty and volatility in the markets, leading to changes in currency values.
Central bank decisions, such as interest rate changes, can also affect the exchange rate. Interest rates can influence the value of a currency by impacting the cost of borrowing and the attractiveness of a country's investments.
Here are some of the key factors affecting the exchange rate between the US dollar and the Hong Kong dollar:
- Economic indicators (GDP growth, inflation, interest rates)
- Geopolitical events (elections, trade agreements)
- Central bank decisions (interest rate changes)
Historical Data
You can find the historical exchange rates for US dollars to Hong Kong dollars in the table below, which shows the equivalent values for various amounts of US dollars in Hong Kong dollars.
You can also view the exchange rates for US dollars to Hong Kong dollars by year, but you'll need to click on a specific year to see the rates.
USD to HKD 6-Month History
The USD to HKD exchange rate has been a topic of interest for many of us, especially when it comes to traveling or doing business in Hong Kong. The USD has decreased in value compared to the HKD over the past six months.
The data from the historical chart shows that the USD/HKD rate is down -0.29% in the six months. This is a relatively small decrease, but it's worth noting nonetheless.
If you're planning a trip to Hong Kong, it's essential to be aware of the current exchange rate. As of the latest data, 1 US dollar is equivalent to 7.79 Hong Kong dollars.
Here's a breakdown of the exchange rates for different amounts of US dollars:
The HKD, on the other hand, has decreased in value compared to the USD by -0.05% over the same period.
US Interest Rates by Year
I've always been fascinated by historical data, and one area that really stands out to me is US interest rates. To get a sense of how these rates have changed over time, let's take a look at some key years.
In 2025, the interest rate landscape will be a crucial factor in shaping the global economy. However, we can look to previous years for insight.
The Federal Reserve sets the interest rates in the US, and their decisions have a significant impact on the economy. For example, in 2023, the interest rate was a key factor in shaping the market.
To give you a better sense of the interest rate fluctuations, here's a list of some key years and their corresponding interest rates:
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
Conversion Tools
To navigate the complexities of the US dollar to Hong Kong dollar exchange rate, you'll need access to reliable conversion tools.
If you're looking to compare FX rates, you can find them listed under the "Foreign Exchange Rates" tab. This will give you a clear picture of the current exchange rate.
For those who want to send money abroad, the "Send Money Abroad" option is available.
To stay up-to-date on FX news, simply click on the "FX News" tab.
Here are some key conversion tools to keep in mind:
- Home: A starting point for your currency conversion journey.
- Foreign Exchange Rates: Compare FX rates to make informed decisions.
- Compare FX: A feature to compare different exchange rates.
- Send Money Abroad: Send money internationally with ease.
- Foreign Exchange Guide: A resource to help you navigate currency conversions.
- FX News: Stay informed about the latest currency market news.
Recent Exchange Rates
The US dollar to Hong Kong dollar exchange rate has fluctuated over time, but recent rates have been relatively stable. As of the latest available data, you can exchange 1 US dollar for 7.79 Hong Kong dollars.
In fact, exchanging $10 US dollars will get you 77.87 Hong Kong dollars. This is a significant amount, and it highlights the value of the Hong Kong dollar compared to the US dollar.
If you need to exchange a larger amount, such as $100,000, you'll get 778,736.97 Hong Kong dollars. This is a substantial sum, and it's essential to keep in mind the exchange rate when making international transactions.
Here is a summary of recent exchange rates:
These exchange rates are subject to change, but they provide a general idea of the current value of the US dollar in Hong Kong dollars.
Historical Exchange Rates
The historical exchange rates between the US dollar and the Hong Kong dollar are quite revealing. The data shows that the USD/HKD rate is down -0.29% in the six months from July 2024 to January 2025.
To put this into perspective, in the same period, the US dollar decreased in value compared to the Hong Kong dollar. This is evident in the chart showing data from 2024-7-29 to 2025-1-24.
If you're interested in viewing rates between the US dollar and the Hong Kong dollar for a particular year, you can click on one of the links below to access the US Dollar to Hong Kong Dollar Rates by Year.
For those who want to get a quick snapshot of the exchange rates, here's a handy table:
Frequently Asked Questions
What is the average exchange rate for US dollars to Hong Kong dollars?
The average exchange rate for US dollars to Hong Kong dollars is approximately 1 USD = 7.79 HKD. This rate is based on the last six months of exchange data.
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