About this pair
HKD/XPD: what to know
The HKD/XPD rate shows how much XPD you get for 1 HKD. Right now, 1 HKD buys 0.0000977656 XPD at the mid-market rate. In the other direction, 1 XPD is worth 10,228.55 HKD.
In the short term HKD is driven mainly by its peg to the US dollar, while XPD responds to auto demand and tight supply.
The Hong Kong Dollar (HKD) is issued by Hong Kong Monetary Authority. Most banknotes are issued by three commercial banks, not a central bank. Palladium is used mainly in petrol-engine catalytic converters.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. 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.