HKD/INR: what to know
The HKD/INR rate shows how much INR you get for 1 HKD. Right now, 1 HKD buys 12.1356 INR at the mid-market rate. In the other direction, 1 INR is worth 0.0824 HKD.
In the short term HKD is driven mainly by its peg to the US dollar, while INR responds to oil prices and capital flows.
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 Indian Rupee (INR) is issued by Reserve Bank of India. The ₹ symbol was adopted in 2010.
Over the past 12 months the HKD/INR rate has ranged between 11.2976 and 12.3621 — a change of +7.03% 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.