GBP/HKD: what to know
The GBP/HKD rate shows how much HKD you get for 1 GBP. Right now, 1 GBP buys 10.6053 HKD at the mid-market rate. In the other direction, 1 HKD is worth 0.0943 GBP.
In the short term GBP is driven mainly by Bank of England policy and the UK economy, while HKD responds to its peg to the US dollar.
The British Pound (GBP) is issued by Bank of England. The pound sterling has been in use for over 1,200 years. 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 GBP/HKD rate has ranged between 10.1431 and 10.7835 — a change of +0.03% versus a year ago.
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.