I'm curious about the strength of the Hong Kong dollar. I want to know how stable it is compared to other currencies and if it has maintained its value over time.
7 answers
Caterina
Sat Nov 23 2024
The Hong Kong dollar is pegged to the U.S. Dollar (USD) with a fixed exchange rate.
Chiara
Sat Nov 23 2024
The exchange rate for the Hong Kong dollar to the U.S. Dollar is set at US$1.00 USD = HK$7.80±0.01.
DavidJohnson
Sat Nov 23 2024
This pegged exchange rate ensures stability in the value of the Hong Kong dollar.
Silvia
Sat Nov 23 2024
The Hong Kong dollar (Chinese) is a currency with an ISO 4217 code.
CryptoTamer
Sat Nov 23 2024
As of March 2022, the inflation rate of the Hong Kong dollar was estimated to be 1.7%.