TRY/HKD: what to know
The TRY/HKD rate shows how much HKD you get for 1 TRY. Right now, 1 TRY buys 0.1627 HKD at the mid-market rate. In the other direction, 1 HKD is worth 6.1465 TRY.
In the short term TRY is driven mainly by high inflation and central-bank policy, while HKD responds to its peg to the US dollar.
The Turkish Lira (TRY) is issued by Central Bank of Türkiye. In 2005 Türkiye removed six zeros: 1,000,000 old lira became 1 new lira. 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 TRY/HKD rate has ranged between 0.1614 and 0.1885 — a change of -14.39% 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.