HKD/ETH: what to know
The HKD/ETH rate shows how much ETH you get for 1 HKD. Right now, 1 HKD buys 0.0000507940 ETH at the mid-market rate. In the other direction, 1 ETH is worth 19,687.35 HKD.
In the short term HKD is driven mainly by its peg to the US dollar, while ETH responds to network activity and crypto-market sentiment.
The Hong Kong Dollar (HKD) is issued by Hong Kong Monetary Authority. Most banknotes are issued by three commercial banks, not a central bank. Ethereum popularised programmable “smart contracts”.
Over the past 12 months the HKD/ETH rate has ranged between 0.0000273999 and 0.0000814944 — a change of +87.61% 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.