Convert HKD to USD, Free
Live exchange rates updated daily. Enter any HKD amount for the USD equivalent.
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How to convert HKD to USD
The Hong Kong dollar (HKD) has been pegged to the US dollar through a linked exchange rate system since 1983. The Hong Kong Monetary Authority maintains the peg within a band of 7.75 to 7.85 HKD per USD, intervening in the market whenever the rate approaches the band's edges. This makes HKD/USD one of the most stable major currency pairs in the world.
For practical purposes, a rate of approximately 7.8 HKD per USD is a reliable mental shorthand. This converter uses the current official rate to calculate the exact USD equivalent of any HKD amount. The calculation runs in your browser via JavaScript.
Enter the HKD amount
Type the Hong Kong dollar amount. Cents are accepted as decimals, for example 500.50.
Read the USD result
The converter divides your HKD amount by the current peg rate (near 7.80) and shows the US dollar equivalent.
Note the rate
The rate is near-fixed but not exactly constant. The HKMA can set it anywhere between 7.75 and 7.85.
Reverse if needed
To convert USD to HKD, multiply the USD amount by approximately 7.80, or use the USD to HKD converter.
Frequently asked questions
Is the Hong Kong dollar always worth 1/7.80 of a US dollar?
Nearly. The HKMA pegs HKD within a 7.75 to 7.85 band. In practice the rate fluctuates within this range by tiny amounts. For most calculations, 7.80 is accurate to within about 0.6 percent.
Why does Hong Kong peg its currency to the US dollar?
The peg was introduced in 1983 during a period of economic uncertainty and has remained because it provides monetary stability and simplifies trade and finance in one of the world's major trading and financial hubs. Hong Kong does not control its own interest rates under this system; they track US Federal Reserve policy.
What is the ISO code for the Hong Kong dollar?
HKD. The symbol is HK$, used to distinguish it from other dollar currencies in the region.
Are there plans to end the USD peg?
There are periodic academic discussions about switching to a peg against a basket of currencies or the RMB, but as of mid-2026 there is no official plan to change the linked exchange rate system. The HKMA has consistently reaffirmed the peg.
How does the HKD peg affect interest rates in Hong Kong?
Because the exchange rate is fixed, Hong Kong cannot independently set interest rates. When the Fed raises US rates, Hong Kong's interbank rates (HIBOR) tend to follow. This is the primary trade-off of the linked exchange rate.