HKD/LTC: what to know
The HKD/LTC rate shows how much LTC you get for 1 HKD. Right now, 1 HKD buys 0.00238342 LTC at the mid-market rate. In the other direction, 1 LTC is worth 419.5643 HKD.
In the short term HKD is driven mainly by its peg to the US dollar, while LTC responds to 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. Litecoin was created in 2011 as the “silver to Bitcoin’s gold”.
Over the past 12 months the HKD/LTC rate has ranged between 0.00102023 and 0.00312094 — a change of +119.00% 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.