USD to HKD Exchange Rate Today
Convert US Dollars to Hong Kong Dollars with live USD/HKD rates. Benefit from the stable currency peg for Hong Kong business, travel, or investments.
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Sending 1,000.00 USD → HKD
Mid-Market Rate
After Fees
Exchange rate: Real-time mid-market rate from OpenExchangeRates API. Transfer fees: Based on typical provider fees.Note: Providers may offer different exchange rates than the mid-market rate shown. Always check the provider's website for their actual exchange rate and final pricing before sending.
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Frequently Asked Questions
What is the current USD to HKD exchange rate?
The US Dollar to Hong Kong Dollar rate is pegged at approximately HK$7.75-7.85 per $1 USD. Since 1983, HKD has been pegged to USD through Hong Kong's currency board system. The Hong Kong Monetary Authority (HKMA) maintains this peg within a tight trading band.
Why is HKD pegged to USD?
Hong Kong pegged HKD to USD in 1983 to maintain economic stability and confidence in the financial system. The peg survived the 1997 Asian Financial Crisis and 2008 global crisis. It makes Hong Kong predictable for international business, supports its role as Asia's financial hub, and facilitates trade with mainland China and global markets.
Does the USD/HKD rate ever change?
The rate fluctuates minimally within the 7.75-7.85 band. HKMA intervenes to maintain the peg. For practical purposes, the rate is stable—banks typically quote around 7.80. This stability is why Hong Kong is popular for USD-CNY arbitrage and regional finance operations.
What's the best way to convert USD to HKD?
Use Hong Kong banks like HSBC or Standard Chartered (minimal spread due to peg), currency exchanges in Central or Tsim Sha Tsui, Wise for transfers (low fees), or withdraw from ATMs after arrival. Avoid airport exchanges despite the stable rate—fees can be 2-3% higher.
When should I convert USD to HKD?
Since the rate is pegged and stable, timing matters less than fees. Convert when you find low-fee options. For businesses, the peg simplifies accounting and eliminates currency risk. For travelers, convert enough for immediate needs and use cards for larger purchases.