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USD vs HKD

Get the latest mid-market rate for USD (US Dollar) / HKD (Hong Kong Dollar) for  today’s right here.

The latest rates for USD (US Dollar) / HKD (Hong Kong Dollar) are available below. As a leading finance news site the team at Born2Invest collates and analyses the latest Forex Market data to bring you live information to help you make the right forex trading decisions.

Today's 1 USD (US Dollar) is 7.79051 of HKD (Hong Kong Dollar) .

Remember to always trade with a reputable broker. It’s also possible to apply forex concepts to cryptocurrency trading.

USD/HKD trading tips

The exchange rate of USD/HKD currently ranges from HK$7.7500 and HK$7.8500 per USD. This is because the HKD is pegged to USD and the Hong Kong Monetary Authority, a defacto central bank, intervenes in order to prevent it changing too much. This means that the HKD shows no major correlations with any other currency.

If you want to trade USD/HDK here’s some forex trading tips to keep in mind.

  • This is a stable currency: The trading band between USD/HDK is very narrow, this means you know what your risk when buying HDK is, but limits your potential profits.
  • Watch the HKMA: For now it seems unlikely that the band will change but anything is possible so keep an eye out for any surprise announcements.
  • The relationship with China: China and Hong Kong have had a strained relationship of late. This could eventually lead to problems and change the value of HDK forever.

Forex trading isn’t just about USD/HKD, check out these other forex trading pairs: