The Hong Kong Dollar (HKD) is the official currency of Hong Kong and the 9th most traded currency in the world. It is pegged to the United States Dollar and managed by Hong Kong’s central bank authority, the Hong Kong Monetary Authority. Since it is not a floating currency, the exchange rate is fixed at nearly 7.8 HKD per USD, helping maintain confidence in global currency markets and stabilizing the HKD exchange rate against other currencies.
Whether you are navigating foreign exchange for travel, business payments, investment, or collecting, US First Exchange makes it easy to convert HKD to USD or vice versa online. With our secure platform, you gain access to competitive exchange rates as well as the speed and safety of fast, insured delivery. Use our currency converter to track live rates and lock in the best deal.
Unlike most currencies issued by a single central bank, the Hong Kong Dollar has been issued by three commercial banks – HSBC, Standard Chartered Bank, and Bank of China – under the Hong Kong Monetary Authority’s supervision. Several series of HKD note denominations have been circulated over time, each featuring distinctive designs that reflect Hong Kong’s culture, history, and development.
While older notes remain legal tender until withdrawn, most have gradually been replaced by the latest issues with enhanced security features for fraud prevention. Many collect these earlier versions of the money of Hong Kong because of their historical and numismatic value.
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By choosing to exchange your currency to HKD online with US First Exchange, you get competitive, transparent pricing, safe and insured international money transfers, and the convenience of handling your currency needs from anywhere.
Select the currency and the amount you want to buy.
Choose between multiple payment methods - by credit card, bank draft, or money wire.
Verify your identity to have a secure transaction.
Select your shipping address and your preferred shipping method.
Pick the currency you are interested in purchasing along with amounts. You can add multiple currencies in one
Select your method of payment. You have multiple options including credit card, bank draft, or money wire.
To provide secure and safe transactions, we will ask verification questions to prove your identity.
Enter your delivery information and choose your shipping information.
If you have leftover Hong Kong money you wish to sell, you can also exchange your HKD to USD or another global currency at US First Exchange.
Choose how much you wish to sell and calculate the price. Verify your identity and the preferred method for delivering your funds.
Request a shipping kit and shipping instructions. The instructions will be delivered to you electronically.
You will receive a receipt of currency exchange and the funds will be transferred into your account when we receive your shipment.
Anything else on your mind about the money of Hong Kong or exchanging Hong Kong currency?
The Hong Kong Dollar (HKD) is not fully backed by the United States Dollar, but it operates under a currency system known as the Linked Exchange Rate System. This means the Hong Kong Monetary Authority (HKMA) pegs the HKD to the USD within a set range (currently between 7.75 and 7.85 HKD per 1 USD).
Instead of holding a one-to-one physical backing of all HKD in circulation with USD reserves, the HKMA maintains a currency board arrangement. This ensures that every new unit of HKD issued is supported by an equivalent amount of foreign currency assets - primarily in United States Dollar federal reserves. This mechanism provides stability, investor confidence, and makes the HKD one of the most reliable pegged currencies in the world.
At US First Exchange, you can securely exchange USD to HKD (and vice versa) at competitive rates, supported by live market data and transparent processes.
Right now, the mid-market exchange rate is about ₭1 HKD = $0.1285 USD. The Hong Kong Dollar (HKD) is officially pegged to the United States Dollar, meaning its value is maintained within a stable range set by the Hong Kong Monetary Authority. However, the actual foreign currency exchange rates may differ due to markups and transaction fees.
At US First Exchange, you can check the latest HKD to USD live mid-market rates with our easy-to-use currency calculator, allowing you to see exactly how much your money is worth before making a trade. To help you time your currency exchange transactions, sign up for our free exchange rate alerts and get notified when the HKD to USD exchange rate moves in your favor, and exchange the currency of Hong Kong Dollar to US Dollar at the best moment.
The top forex pairs for the Hong Kong Dollar (HKD) that are most actively traded in the global currency markets are:
While the HKD to USD pairing dominates due to Hong Kong's currency peg to the US dollar, other pairings also attract significant activity, especially for trade, investment, and hedging purposes.
Iraqi Dinar IQD
Vietnamese Dong VND
Mexican Peso MXN
South African Rand ZAR
Brazilian Real BRL
Turkish Lira TRY
South Korean Won KRW
Norwegian Krone NOK
Hong Kong Dollar HKD
Singapore Dollar SGD
New Zealand Dollar NZD
Swedish Krona SEK
Chinese Yuan CNY
Swiss Franc CHF
Canadian Dollar CAD
Australian Dollar AUD
British Pound GBP
European Euro EUR
Japanese Yen JPY
Indonesian Rupiah IDR
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