BTC/HKD: what to know
The BTC/HKD rate shows how much HKD you get for 1 BTC. Right now, 1 BTC buys 605,908.32 HKD at the mid-market rate. In the other direction, 1 HKD is worth 0.00000165041 BTC.
In the short term BTC is driven mainly by crypto-market sentiment and liquidity, while HKD responds to its peg to the US dollar.
The supply is capped at 21 million coins. The Hong Kong Dollar (HKD) is issued by Hong Kong Monetary Authority. Most banknotes are issued by three commercial banks, not a central bank.
Over the past 12 months the BTC/HKD rate has ranged between 459,152.44 and 971,137.16 — a change of -33.12% versus a year ago.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. 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.