Forex hkd
List of Partners vendors.
HKD is the abbreviation for the Hong Kong dollar, the official currency of Hong Kong, which is one of the most traded currencies globally. Hong Kong is a leading global financial center and its economy is considered to be the freest in the world.
Related analysis USD/HKD
The Hong Kong dollar was first seen as a distinct currency in Before then, various foreign currencies had been used, and continued to be used even after its inception. The HK dollar was outlawed by the Japanese puppet government in and reinstated in after the war. In , the HK dollar was pegged to the U. Since then, it has remained pegged to the dollar, with the HKMA adjusting its value from time to time. If, and when, the HKD hits either the upper or lower bound, the HKMA, which acts as the de facto central bank, intervenes to stabilize the currency.
Pivot Points
This trading band versus the USD has been in place since , although the upper and lower limits have been adjusted periodically. The HKD is the thirteenth most traded currency, and because it is pegged to the U. Banknotes then run through a government exchange fund that holds U. Under capital control laws, a bank can only use a HK dollar if it has the equivalent value of U. International Markets.
- Choose the Best Account Type for You?
- danska kronor forex.
- selling iso stock options.
- USD/HKD Exchange rate;
- hotforex wallet login!
- trading forex live.
Your Privacy Rights. To change or withdraw your consent choices for Investopedia.
At any time, you can update your settings through the "EU Privacy" link at the bottom of any page. These choices will be signaled globally to our partners and will not affect browsing data. We and our partners process data to: Actively scan device characteristics for identification. I Accept Show Purposes. Your Money.
Trading the Hong Kong Dollar Successfully
Personal Finance. Switch currencies. Remove pair. Period 24 hrs 1 week 1 month 1 year 5 years All time 24 hrs 1 week 1 month 1 year 5 years All time.
T/T Exchange Rates against HKD | Investment | Bank of China (Hong Kong) Limited
USD Snapshot The United States dollar is the official currency of the United States and its territories, as well as the de facto currency of many others. Frequency Daily.
Decimal places: 2 4 6. How to make your first transfer Never made a transfer with OFX? How we keep our rates so low We use a global network across countries to bring you the best rate. Legal Terms Privacy Policy. Date GMT.