HKD/BTC: what to know
The HKD/BTC rate shows how much BTC you get for 1 HKD. Right now, 1 HKD buys 0.00000164839 BTC at the mid-market rate. In the other direction, 1 BTC is worth 606,652.25 HKD.
In the short term HKD is driven mainly by its peg to the US dollar, while BTC responds to crypto-market sentiment and liquidity.
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 supply is capped at 21 million coins.
Over the past 12 months the HKD/BTC rate has ranged between 0.00000102972 and 0.00000217793 — a change of +49.51% 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.