INR/HKD: what to know
The INR/HKD rate shows how much HKD you get for 1 INR. Right now, 1 INR buys 0.0823 HKD at the mid-market rate. In the other direction, 1 HKD is worth 12.1440 INR.
In the short term INR is driven mainly by oil prices and capital flows, while HKD responds to its peg to the US dollar.
The Indian Rupee (INR) is issued by Reserve Bank of India. The ₹ symbol was adopted in 2010. The Hong Kong Dollar (HKD) is issued by Hong Kong Monetary Authority. Most banknotes are issued by three commercial banks, not a central bank.
Over the past 12 months the INR/HKD rate has ranged between 0.0809 and 0.0885 — a change of -6.57% 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.