The lowdown on the Hong Kong Dollar
The Hong Kong dollar is accepted in the following locations:
- Hong Kong
Economical Influences on the Honk Kong Dollar Exchange Rate
Hong Kong is a major global financial centre, so it’s unsurprising that the HKD is one of the most-traded currencies in the world.
Hong Kong was a British colony from 1842 right up to when it became a part of China in 1997, but the country has always had its own currency. In 1972, the Hong Kong dollar was pegged to the US dollar - and still is today – at a rate of around 7.80 HKD to 1 USD.
The government issues Hong Kong’s coins, however bank notes come from three banks: HSBC, Standard Chartered Bank and the Bank of China.
Travelling to Macau from Hong Kong? You’ll be able to use HKD there too!
Hong Kong Historical Market Exchange Rate
The NZD to HKD exchange rate saw some large fluctuations during the past 5 years; on 13 July 2014 the New Zealand dollar was performing well against the Hong Kong dollar with 1 NZD converting to around 6.83 HKD, compared to 6 September 2015 when the NZD had weakened against the HKD with an exchange rate of 1 NZD to around 4.87 HKD.1
The HKD stabilised over the following year, with the NZD buying 5.65958 on 11 July 2016 and 5.36421 another year later on 16 May 2017.1
At the beginning of August 2017 1 NZD was converting to 5.86328 HKD, and by 21 May 2018 the NZD was worth 5.42708 HKD.1
As of 24 December 2018 the NZD was exchanging to around 5.26 HKD.1
Learn more about the HKD before you travel to Indonesia and create a currency rate alert so we can notify you when it hits the rate you want.
Exchange rates last updated Monday, 18 February 2019 12:50:31 p.m. NZDT. The online exchange rates provided by this Currency Converter are intended as a guide only and should not be used for transactional purposes. All rates are subject to change from time to time without notice. Exchange rates used in-store may differ from those offered online. The Travelex online buy rate will be used for conversions from a foreign currency to the local currency. The Travelex online sell rate will be used for conversions from the local currency to a foreign currency.
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Based on mid-market rates as of 24 December 2018
*The information contained in this article has been compiled by Travelex from different different external sources. The figures provided are indicative only and are there to provide an idea of the amount of travel money you may need during your trip. Travelex does not ensure the accuracy and completeness of the information shown. Nothing in this article is to be considered financial advice. Travelex Limited does not accept any liability for any loss or damage derived from any reliance on the information in this article. Travelex NZ Limted arranges for and sells Online Foreign Currency via its Online Ordering Facility. You should consider the Online Foreign Currency Product Disclosure Statement and Terms and Conditions before deciding whether to acquire the product.