About this pair
HKD/BRL: what to know
The HKD/BRL rate shows how much BRL you get for 1 HKD. Right now, 1 HKD buys 0.6529 BRL at the mid-market rate. In the other direction, 1 BRL is worth 1.5316 HKD.
In the short term HKD is driven mainly by its peg to the US dollar, while BRL responds to commodity prices and central-bank policy.
The Hong Kong Dollar (HKD) is issued by Hong Kong Monetary Authority. Most banknotes are issued by three commercial banks, not a central bank. The Brazilian Real (BRL) is issued by Central Bank of Brazil. The real was introduced in 1994 to end hyperinflation; the plural is “reais”.
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.