HKD/TRY: what to know
The HKD/TRY rate shows how much TRY you get for 1 HKD. Right now, 1 HKD buys 6.1419 TRY at the mid-market rate. In the other direction, 1 TRY is worth 0.1628 HKD.
In the short term HKD is driven mainly by its peg to the US dollar, while TRY responds to high inflation and central-bank policy.
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 Turkish Lira (TRY) is issued by Central Bank of Türkiye. In 2005 Türkiye removed six zeros: 1,000,000 old lira became 1 new lira.
Over the past 12 months the HKD/TRY rate has ranged between 5.3055 and 6.1970 — a change of +16.80% 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.