About this pair
XPD/HKD: what to know
The XPD/HKD rate shows how much HKD you get for 1 XPD. Right now, 1 XPD buys 10,228.55 HKD at the mid-market rate. In the other direction, 1 HKD is worth 0.0000977656 XPD.
In the short term XPD is driven mainly by auto demand and tight supply, while HKD responds to its peg to the US dollar.
Palladium is used mainly in petrol-engine catalytic converters. The Hong Kong Dollar (HKD) is issued by Hong Kong Monetary Authority. Most banknotes are issued by three commercial banks, not a central bank.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. 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.