Convert United States Dollar to Hong Kong Dollar
Please provide values below to convert United States Dollar [USD] to Hong Kong Dollar [HKD], or Convert Hong Kong Dollar to United States Dollar.
How to Convert United States Dollar to Hong Kong Dollar
1 USD = 0.12739178068231 HKD
Example: convert 15 USD to HKD:
15 USD = 15 × 0.12739178068231 HKD = 1.91087671023466 HKD
United States Dollar to Hong Kong Dollar Conversion Table
| United States Dollar | Hong Kong Dollar |
|---|
United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
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.