Hong Kong Dollar to US Dollar (HKD/USD) Exchange Rate Today
Fixed ratePegged within a narrow band since 1983. The rate barely moves, but your provider's markup still matters.
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HKD to USD Conversion Table
Common amounts converted from Hong Kong Dollar to US Dollar at today's rate.
| Hong Kong Dollar (HKD) | US Dollar (USD) |
|---|---|
| 1 HKD | — |
| 5 HKD | — |
| 10 HKD | — |
| 25 HKD | — |
| 50 HKD | — |
| 100 HKD | — |
| 250 HKD | — |
| 500 HKD | — |
| 1,000 HKD | — |
| 5,000 HKD | — |
| 10,000 HKD | — |
| 50,000 HKD | — |
How much US Dollar will you actually receive?
Estimated cost to convert HKD 1,000 to USD with different transfer services. Fees are sourced from published pricing pages and may vary by amount, payment method, and destination.
| Service | Rate | Fee | Total Cost | USD received |
|---|---|---|---|---|
| Mid-market rate | — | - | - | — |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| Typical bank Mar 2026 | — | — | — | — |
| Bureau de change Mar 2026 | — | — | — | — |
Some links are affiliate links and may earn us a commission at no extra cost to you. This does not affect our ranking - we sort by lowest total cost to you. Fees are estimates based on published pricing and may differ from your actual quote.
HKD/USD is a pegged rate - here is what that means
This currency pair involves a peg, so the exchange rate barely moves. Timing your conversion makes almost no difference. Instead, focus entirely on minimising the fees and markup charged by your provider. The provider table above shows how much each one would charge.
HKD/USD rate statistics
Is today's HKD/USD rate good or bad?
We compare today's live Hong Kong Dollar to US Dollar mid-market rate against its 30-day and 52-week trading range. When the rate is near the top of its recent range, HKD holders get more US Dollar per unit - a better time to convert. When it is near the bottom, you may want to watch and wait.
The Hong Kong dollar is pegged to USD within a 7.75-7.85 band maintained since 1983. This means timing your conversion makes almost no difference - the rate barely moves. Focus entirely on minimising provider fees.
The live analysis below updates throughout market hours and shows exactly where today's rate sits in context.
What is the HKD/USD exchange rate?
The HKD/USD rate tracks how many US Dollar one Hong Kong Dollar buys. One of the most stable pairs in forex. HKD has been pegged to USD within a 7.75-7.85 band since 1983, so the rate barely moves.
HKD is issued by the Hong Kong Monetary Authority (HKMA) (ranked 9th globally - meaning it's the 9th most bought and sold currency in the world). USD is issued by the Federal Reserve (ranked 1st). Full HKD profile | Full USD profile
What drives this rate? USD/HKD trades within a narrow band (7.75-7.85) maintained by the Hong Kong Monetary Authority's linked exchange rate system. Moves are small and driven by interest rate differentials between HK and US rates.
Is today's HKD/USD rate good or bad?
The Hong Kong Dollar to US Dollar mid-market rate shown above is the reference price before any provider adds fees or markup. It is not a guaranteed quote - your bank, card issuer, or transfer service will offer a different rate that includes their margin.
On a typical conversion, banks add 0.5-1.5% to this rate. The gap between the mid-market rate and what you actually receive is the real cost of converting - often larger than any flat fee. Because HKD/USD is a pegged or near-pegged rate, the bank's exchange rate risk is minimal - but they still charge for the service. Focus on fees rather than timing.
Exchange rate regime
Note: Hong Kong Dollar is pegged to USD within a 7.75-7.85 band. This means Hong Kong Dollar/US Dollar effectively tracks USD/US Dollar. Timing matters less than your provider's markup.
Converting Hong Kong Dollar to US Dollar? Read this first
HKD is pegged to USD. Because HKD barely moves against the dollar (7.75-7.85 band), timing your conversion makes almost no difference. Focus entirely on minimizing provider fees and markup.
Watch out: While HKD/USD barely moves due to the peg, providers still vary their markup significantly. The rate is stable, but what you actually pay isn't - focus entirely on provider fees.
Did you know?
- About 80% of all US $100 bills are held overseas, primarily in countries with unstable local currencies.
Frequently asked questions
Is now a good time to convert HKD to USD?
The right timing for converting HKD to USD depends on your specific financial needs and timeline rather than trying to time the market. Since the Hong Kong Monetary Authority maintains the HKD within a fixed band against the USD, the exchange rate shown in the rate panel above remains extremely stable - there is no meaningful window of opportunity to gain from currency movement.
If you need USD for a near-term expense, convert when you're ready; if it's a longer-term move, the peg means the rate will remain consistent regardless of when you transact.
What moves the HKD/USD exchange rate?
The HKD/USD pair moves very little because the Hong Kong Monetary Authority operates a currency board system that pegs the Hong Kong Dollar within a narrow trading band against the US Dollar. The peg is designed to maintain monetary stability and is supported by Hong Kong's substantial foreign exchange reserves.
In practice, the rate you see in the comparison table reflects this official peg, and significant moves are extremely rare and temporary - any deviation triggers automatic intervention by the HKMA to restore the peg.
Will Hong Kong Dollar get stronger or weaker against US Dollar?
The Hong Kong Dollar is unlikely to move meaningfully stronger or weaker against the US Dollar because the HKMA's currency board system is designed to prevent exactly that kind of fluctuation. The peg is a structural feature of Hong Kong's monetary system, not a forecast-based arrangement that shifts with economic conditions.
This stability is intentional - it keeps the HKD/USD rate predictable for businesses and individuals conducting cross-border transactions between the two financial centers.
How can I avoid fees when converting HKD to USD?
Fees for HKD to USD conversion vary by provider - banks, online money transfer services, and currency exchange shops all charge different amounts. To minimize fees, compare the total cost (including any percentage markup or fixed charges) across multiple providers before you convert, rather than assuming one type of institution is always cheaper.
Some providers offer lower rates for larger amounts or for customers with specific account types, so it's worth asking about volume discounts if you're converting a substantial sum.
Should I exchange US Dollar at home or abroad?
Whether to exchange USD at home in Hong Kong or abroad in the US depends on the fees and rates offered by providers in each location, plus your convenience. Exchange rates themselves will be nearly identical between Hong Kong and the US because of the peg, so the decision comes down to comparing the markup each provider adds on top of the official rate.
Check the rates offered by banks and money changers in both places - Hong Kong's competitive money-changing market often provides competitive rates, but comparing specific quotes is more reliable than generalizing.
How far does Hong Kong Dollar go in the United States?
The purchasing power of HKD in the US depends on the current exchange rate shown in the rate panel above and on the specific prices of goods and services in your destination. Hong Kong and US price levels differ significantly - some items cost more in the US, others less - so converting HKD to USD tells you only the nominal value, not what you can actually buy.
For accurate planning, research prices for the specific goods or services you'll need during your US visit, then use the rate panel to calculate your actual budget.
What is the cheapest way to send HKD to USD?
The cheapest way to send HKD to USD depends on the amount, recipient location in the US, and speed required - international banks, peer-to-peer services, and remittance specialists each have different fee structures and hidden markups. Some services charge percentage-based fees plus markup, others charge flat fees that make sense only for larger transfers, and some advertise low fees but apply poor exchange rates.
Before sending, compare the total cost (fee plus the actual HKD amount needed to deliver your target USD amount) across at least three different providers.
Why does HKD/USD barely move?
The HKD/USD pair barely moves because Hong Kong's monetary system is built on a fixed peg to the US Dollar, maintained by the Hong Kong Monetary Authority through a currency board arrangement. Under this system, the HKMA commits to exchanging HKD and USD at a fixed rate and holds sufficient US dollar reserves to back all HKD in circulation, removing speculation and volatility.
The peg is not a temporary policy but a structural feature of Hong Kong's financial system, which is why you see almost no variation in the rate panel above compared to other currency pairs.
Is it better to bring USD in Hong Kong?
Whether to bring USD or exchange it for HKD in Hong Kong depends on where you plan to spend - major retailers and many establishments accept USD, but local vendors, restaurants, and smaller shops typically expect HKD. Many visitors find it more convenient to exchange at least some USD for HKD upon arrival to avoid the need to calculate the stable peg mentally during transactions.
Check which currency is accepted at the specific places you'll visit, then decide how much HKD to exchange; the rate you'll receive is shown in the rate panel above and won't shift meaningfully.
What is a good USD to HKD exchange rate?
A 'good' USD to HKD exchange rate is essentially the same as any other rate you'll encounter, because the Hong Kong Monetary Authority's peg ensures the rate remains fixed within an extremely narrow band. Instead of hunting for a better rate, focus on reducing the fees and markups your provider adds on top of the official peg rate, which varies significantly between banks, money changers, and remittance services.
Check the comparison table on this page to see how different providers price the conversion, then use that information to choose the one with the lowest total cost for your needs.
How much is $1 USD to HKD?
The current USD to HKD rate is shown in the rate panel at the top of this page - this is the official rate maintained by the Hong Kong Monetary Authority's peg. The exact amount of HKD you receive for $1 USD may vary slightly depending on which bank or money changer you use, because they add their own fees and markups on top of the official rate.
For the most accurate calculation of how much HKD your specific amount of USD will convert to, enter your amount in the converter above and check the rate offered by your chosen provider.
Is USD expected to rise or drop?
The US Dollar's direction against major currencies depends on Federal Reserve policy, US economic data, and global conditions - factors beyond the scope of this currency pair. However, for HKD specifically, the Hong Kong Monetary Authority's peg means the HKD/USD rate will remain stable regardless of whether the USD strengthens or weakens against other currencies like the Euro or Japanese Yen.
If you're concerned about USD direction for investment or broader currency exposure, research the USD's movement against other floating currencies; the HKD/USD pair is not the right lens for that analysis.
Is the USD predicted to go up or down?
Making predictions about future USD direction is speculative - instead, the data to watch includes Federal Reserve interest rate decisions, US employment and inflation reports, and global capital flows. The HKD/USD pair, however, is not the right indicator for USD strength because the Hong Kong Monetary Authority's peg keeps this rate artificially fixed.
If you want to assess USD direction, examine how it moves against freely floating currencies like the Euro, British Pound, or Japanese Yen, which respond to genuine market demand rather than a policy anchor.
Learn more
- HKMA - Linked Exchange Rate System - How Hong Kong's currency peg to the US dollar works
- FRED - USD/HKD Daily Rate - Watch the peg band in action over time
How this rate is calculated
We prefer a direct rate from our primary data source when one is available. If a direct quote is unavailable, we compute a cross-rate through a major intermediary currency (usually USD or EUR). When a rate is derived rather than directly quoted, we label it on the page. Full methodology.