ETH/HKD: what to know
The ETH/HKD rate shows how much HKD you get for 1 ETH. Right now, 1 ETH buys 19,686.95 HKD at the mid-market rate. In the other direction, 1 HKD is worth 0.0000507951 ETH.
In the short term ETH is driven mainly by network activity and crypto-market sentiment, while HKD responds to its peg to the US dollar.
Ethereum popularised programmable “smart contracts”. 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 ETH/HKD rate has ranged between 12,270.78 and 36,496.45 — a change of -46.70% 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.