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Open <% currencies.converter.data.Current.closerate %>
High <% currencies.converter.data.Current.high %>
Low <% currencies.converter.data.Current.low %>
Change
<% currencies.converter.data.Current.absolute|toFixed:5 %> (<% currencies.converter.data.Current.percentage %>%)
Convert
<% 1 %> USD = <% 1 * currencies.converter.rate |toFixed: 4 %> HKD
Into
<% 1 %> HKD = <% 1 / currencies.converter.rate |toFixed: 4 %> USD
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<% signal.Current.pair %> <% signal.Current.rate %>
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USD to HKD conversion rates
USD
HKD
<% amount %> USD
<% amount * currencies.converter.rate |toFixed: 4 %> HKD
HKD
USD
<% amount %> HKD
<% amount / currencies.converter.rate |toFixed: 4 %> USD
USD to HKD charts
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USD/HKD Historical Chart
What impacts the USD/HKD exchange rate
The USD/HKD code represents the trading of the US dollar against the Hong Kong dollar, and is a popular and interesting currency pair to trade in the forex market. The US dollar is the most popular currency traded worldwide, while the Hong Kong dollar among the 15 leading currencies traded in the forex market. The Hong Kong Monetary Authority (HKMA) has pegged the value of the HKD to a narrow trading band against the USD, allowing its value to fluctuate between 7.75 and 7.85 against the greenback. Any time the HKD reaches the upper or lower limits of this narrow range, the HKMA intervenes with measures to stabilize the currency. The HKMA is able to hold the peg and maintain it due to its large foreign reserves in USD, estimated to be worth over $450 billion. Hong Kong prides itself on being a free market economy and is considered a leading international finance hub. Its capitalist service economy enjoys low taxation and free trade, and boasts of a strong banking system and almost no public debt. On the other hand, the US economy is considered the most powerful economy in the world, with the US dollar being the most popular reserve currency that most central banks, HKMA included, hold, owing to the strength and stability of the US economy.
USD to HKD exchange rate - FAQ
What other currencies are the HKD correlated with?

Owing to the HKMA pegging the value of the HKD to the USD, the Hong Kong dollar does not enjoy correlations with any other currencies worldwide, and its value is solely influenced by changes to the value of the US dollar.

How do central bank decisions impact the exchange rate of USD/HKD?

The USD/HKD currency pair's exchange rate experiences fluctuations whenever the Fed makes changes to its monetary policy or interest rates. For instance, if the Fed cuts interest rates or turns dovish in its monetary policy, the value of the USD dips, affecting the exchange rate of the USD/HKD until the HKMA steps in with countermeasures to stabilize the HKD.

What economic events influence the value of the Hong Kong dollar?

The Hong Kong dollar experiences some fluctuations on the release of key economic data from Hong Kong, including GDP, unemployment rate, inflation, trade balance, current account, retail sales and foreign exchange reserves.