HKD/XRP: what to know
The HKD/XRP rate shows how much XRP you get for 1 HKD. Right now, 1 HKD buys 0.0939 XRP at the mid-market rate. In the other direction, 1 XRP is worth 10.6513 HKD.
In the short term HKD is driven mainly by its peg to the US dollar, while XRP responds to crypto-market sentiment and regulation.
The Hong Kong Dollar (HKD) is issued by Hong Kong Monetary Authority. Most banknotes are issued by three commercial banks, not a central bank. XRP is designed for fast, low-cost payments and cross-border settlement.
Over the past 12 months the HKD/XRP rate has ranged between 0.0417 and 0.1284 — a change of +125.37% 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.