About this pair
AED/HKD: what to know
The AED/HKD rate shows how much HKD you get for 1 AED. Right now, 1 AED buys 2.1355 HKD at the mid-market rate. In the other direction, 1 HKD is worth 0.4683 AED.
In the short term AED is driven mainly by its peg to the US dollar, while HKD responds to its peg to the US dollar.
The UAE Dirham (AED) is issued by Central Bank of the UAE. The dirham is pegged to the US dollar. The Hong Kong Dollar (HKD) is issued by Hong Kong Monetary Authority. Most banknotes are issued by three commercial banks, not a central bank.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.