About this pair
HKD/RUB: what to know
The HKD/RUB rate shows how much RUB you get for 1 HKD. Right now, 1 HKD buys 10.7554 RUB at the mid-market rate. In the other direction, 1 RUB is worth 0.0930 HKD.
In the short term HKD is driven mainly by its peg to the US dollar, while RUB responds to oil and gas prices and sanctions.
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 Russian Ruble (RUB) is issued by Bank of Russia. The ruble is one of Europe’s oldest currencies, used since the 13th century.
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.