Last updated: Nov 5, 2025, 11:59 PM UTC
Context Information
Local Purchasing Power
HK$1.00 ≈
- 0.0 servings of dim sum in Hong Kong 🥟
- 0.0 cups of milk tea in Hong Kong 🧋
- 0.0 meals of roast duck rice in Hong Kong 🍚
30-Day Trend
HKD to USD is 0.111% stronger than 30 days ago
7-Day Trend
Exchange rate movement over the past week
Understanding HKD to USD Exchange Rates
The Hong Kong Dollar (HKD) is pegged to the US Dollar within a narrow trading band of 7.75-7.85 HKD per USD, maintained by the Hong Kong Monetary Authority (HKMA) since 1983. This currency board system means HKD/USD rates are extremely stable, with the HKMA automatically adjusting monetary conditions to defend the peg. The peg provides stability for Hong Kong's role as a global financial hub, though it means Hong Kong effectively imports US monetary policy, with local interest rates closely following Federal Reserve decisions.