Currency Overview
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, a Special Administrative Region of China. It is widely used in international trade and finance due to Hong Kong's status as a global financial hub.
Key Details
| Attribute | Value |
|--------------------|------------------------|
| ISO 4217 Code | HKD |
| Country | Hong Kong |
| Currency Symbol| $ |
| HTML Code | $ |
Current Exchange Rates (2025)
Below is the latest HKD exchange rate against major global currencies:
| Currency Name | ISO Code | 1 HKD Equivalent | Daily Change (%) |
|-----------------------------|----------|------------------|------------------|
| United Arab Emirates Dirham | AED | 0.47 | -0.01% |
| Afghan Afghani | AFN | 8.95 | -0.60% |
| Albanian Lek | ALL | 10.57 | -0.12% |
| Argentine Peso | ARS | 153.63 | -0.01% |
| Australian Dollar | AUD | 0.19 | +0.06% |
| Bitcoin | BTC | 0.000001 | -1.00% |
| Euro | EUR | 0.11 | +0.12% |
| British Pound | GBP | 0.09 | +0.03% |
| Japanese Yen | JPY | 18.31 | +0.22% |
| US Dollar | USD | 0.13 | -0.01% |
👉 Compare live HKD exchange rates
FAQs About HKD
1. Is the Hong Kong Dollar pegged to another currency?
Yes, the HKD is pegged to the US Dollar (USD) within a narrow band of 7.75–7.85 HKD per USD, ensuring stability.
2. Where can I exchange HKD?
HKD is widely available at banks, airports, and currency exchange services globally. For competitive rates, check platforms like 👉 OKX.
3. Why does Hong Kong have its own currency?
As a former British colony and now a Special Administrative Region of China, Hong Kong maintains its own currency under the "One Country, Two Systems" principle.
4. Are there fees for exchanging HKD?
Most providers charge a small fee (1–3%) or offer rates slightly below the mid-market rate. Compare options to minimize costs.
5. Can I use HKD in mainland China?
While some businesses near Hong Kong may accept HKD, the official currency in mainland China is the Renminbi (CNY).
Economic Significance of HKD
- Stability: The USD peg mitigates volatility, making HKD a reliable currency for trade.
- Global Trade: HKD is the 9th most traded currency worldwide (2025 data).
- Digital Payments: Widely integrated with platforms like Alipay and WeChat Pay in Hong Kong.
👉 Explore HKD trading opportunities
Historical Performance
| Period | HKD/USD Change | Key Events Influencing HKD |
|---------|----------------|----------------------------|
| 1 Month | -0.07% | Minor USD fluctuations |
| 1 Year | -0.46% | Regional economic policies |
Note: Rates are sourced from Open Exchange Rates and updated as of 2025-07-02.