Convert Hong Kong Dollar to New Zealand Dollar
Please provide values below to convert Hong Kong Dollar [HKD] to New Zealand Dollar [NZD], or Convert New Zealand Dollar to Hong Kong Dollar.
How to Convert Hong Kong Dollar to New Zealand Dollar
1 HKD = 4.70329538645896 NZD
Example: convert 15 HKD to NZD:
15 HKD = 15 × 4.70329538645896 NZD = 70.5494307968844 NZD
Hong Kong Dollar to New Zealand Dollar Conversion Table
| Hong Kong Dollar | New Zealand Dollar |
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Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.
New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.