NZD/HKD: what to know
The NZD/HKD rate shows how much HKD you get for 1 NZD. Right now, 1 NZD buys 4.5568 HKD at the mid-market rate. In the other direction, 1 HKD is worth 0.2195 NZD.
In the short term NZD is driven mainly by soft-commodity prices and risk appetite, while HKD responds to its peg to the US dollar.
The New Zealand Dollar (NZD) is issued by Reserve Bank of New Zealand. The New Zealand dollar is nicknamed the “Kiwi”, after the bird on the $1 coin. 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 NZD/HKD rate has ranged between 4.3596 and 4.7442 — a change of -1.88% 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.