LTC/HKD: what to know
The LTC/HKD rate shows how much HKD you get for 1 LTC. Right now, 1 LTC buys 430.8552 HKD at the mid-market rate. In the other direction, 1 HKD is worth 0.00232097 LTC.
In the short term LTC is driven mainly by crypto-market sentiment, while HKD responds to its peg to the US dollar.
Litecoin was created in 2011 as the “silver to Bitcoin’s gold”. 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 LTC/HKD rate has ranged between 320.4167 and 980.1687 — a change of -54.34% 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.