Monday, April 22, 2024


US Dollars (USD) v/s Hong Kong Dollar (HKD)
USD 1 buys 7.835 HKD

Index (Click on tabs to view details)

Currency Dashboard & Past Week

The US Dollars has increased 0.20 Hong Kong cent (or 0.03%) from its last trading session of April 19, 2024 to close at HKD7.84. The USD/HKD rose for a third day on Monday bringing its three-day rise to 0.53 Hong Kong cent or 0.1%.

Currency Dashboard


Trading CountryUSD: United States Of AmericaTrading CountryHKD: Hong Kong
22 Apr, Close USD/HKD 7.835422 Apr, Close HKD/USD 0.1276
1-day change (%)USD up 0.026%1-day change (%)HKD down 0.0587%
YTD change (%)USD up 0.3415%YTD change (%)HKD down 0.2914%
Relative Strength (6 mo)54.8Relative Strength (6 mo)45.1


+    The USD is up 0.1% against the HKD in the past week.
+    The exchange rate ranged between a low of 7.8301 on Wednesday, Apr 17 and a high of 7.8354 on Monday, Apr 22.
DayUS DollarsClose (HKD)Change %Comment
MondayRises for a third consecutive day, a three-day rise of 0.1% vs the Hong Kong Dollars (HKD)7.83540.03Week-high of 7.8354
FridayRises for a second consecutive day, a two-day rise of 0.04% vs the Hong Kong Dollars (HKD)7.83340.02Rises for a second consecutive day
ThursdayIncreases vs the Hong Kong Dollars (HKD)7.83180.02
WednesdayFalls vs the Hong Kong Dollars (HKD)7.8301-0.03Week-low of 7.8301 Steepest Fall
TuesdayIncreases vs the Hong Kong Dollars (HKD)7.83210.05Top Rise

Today's Bullish Signals

Uptrend of USD vs HKD

Past Month:
- Rises to Falls: In the past month the number of rises outnumbered falls 13:5 or 2.6:1.


Past Quarter:
The Best 3 weeks in the past quarter:
In the past quarter the top rise of 0.1% took place in the week beginning Monday January 29.
Mon-FriChange %
Jan 29-Feb 020.1
Feb 26-Mar 010.1
Mar 25-290.1



Ongoing Bullish Parameters

Present Value of HKD1000 Invested in the Past [3 Mo, 1 Yr, 3 Yrs]; The Best Periods with PVHKD1000 > 1,001

PVHKD1,0003 mo ago1 yr ago3 yrs ago
USD/HKDHKD1,002HKD1,002HKD1,009



The Best Periods [3 Mo, 3 Yrs] with Change % > 0.1

Change %Quarter3 Years
USD/HKD0.20.9



Ongoing Bearish Parameters

Past year: price fall of 0.2%

Change %Year
USD/HKD-0.2



Currency Crossrates

Currency Crossrates Today's Snapshot for USD

USD1=154.8374JPYJapanIncreases vs the Japanese Yen (JPY)
USD1=17.1356MXNMexicoIncreases vs the Mexican Peso (MXN)
USD1=1USDUnited States Of AmericaTrading vs the US Dollars (USD)
USD1=1.3622SGDSingaporeIncreases vs the Singapore Dollars (SGD)
USD1=1.6897NZDNew ZealandFalls 0.5% vs the New Zealand Dollars (NZD)
USD1=0.9388EUREuropean UnionIncreases vs the Euro (EUR)
USD1=11.0022NOKNorwayFalls for a second consecutive day, a two-day fall of 0.5% vs the Norwegian Kroner (NOK)
USD1=0.9117CHFSwitzerlandIncreases vs the Swiss Franc (CHF)
USD1=10.8926SEKSwedenFalls for a second consecutive day, a two-day fall of 0.7% vs the Swedish Krona (SEK)
USD1=1.5506AUDAustraliaFalls vs the Australian Dollars (AUD)
USD1=0.8095GBPUnited KingdomRises for a third consecutive day, a three-day rise of 0.8% vs the British Pound (GBP)
USD1=1.3702CADCanadaFalls for a fourth consecutive day, a four-day fall of 0.8% vs the Canadian Dollars (CAD)
USD1=7.8354HKDHong KongRises for a third consecutive day, a three-day rise of 0.1% vs the Hong Kong Dollars (HKD)
USD1=7.2432CNYChinaRises for a second consecutive day, a two-day rise of 0.1% vs the Chinese Yuan Renminbi (CNY)
USD1=1,378.4397KRWSouth KoreaIncreases vs the South-Korean Won (KRW)



Currency Crossrates Today's Snapshot for HKD

HKD1=0.1985AUDAustraliaFalls vs the Australian Dollars (AUD)
HKD1=0.1032GBPUnited KingdomRises for a second consecutive day, a two-day rise of 0.8% vs the British Pound (GBP)
HKD1=0.1738SGDSingaporeFalls vs the Singapore Dollars (SGD)
HKD1=1.4079NOKNorwayFalls vs the Norwegian Kroner (NOK)
HKD1=0.9244CNYChinaIncreases vs the Chinese Yuan Renminbi (CNY)
HKD1=176.0761KRWSouth KoreaIncreases vs the South-Korean Won (KRW)
HKD1=0.1162CHFSwitzerlandFalls vs the Swiss Franc (CHF)
HKD1=0.2161NZDNew ZealandFalls vs the New Zealand Dollars (NZD)
HKD1=0.1197EUREuropean UnionFalls vs the Euro (EUR)
HKD1=0.1276USDUnited States Of AmericaFalls for a second consecutive day, a two-day fall of 0.1% vs the US Dollars (USD)
HKD1=0.1753CADCanadaFalls vs the Canadian Dollars (CAD)
HKD1=2.1797MXNMexicoFalls vs the Mexican Peso (MXN)
HKD1=1.3933SEKSwedenFalls 0.6% vs the Swedish Krona (SEK)



Period-Based % Change

% Change of USD vs Currency Basket Period-Based

LastCountry1-day %1-week %1-Year %3-Yrs %
USD1=1.0USDUnited States Of America0.0---
USD1=7.243CNYChina-0.15.411.3
USD1=154.837JPYJapan0.10.415.343.1
USD1=0.939EUREuropean Union--0.23.113.0
USD1=1,378.44KRWSouth Korea0.2-0.64.023.6
USD1=1.362SGDSingapore--2.22.4
USD1=1.69NZDNew Zealand-0.5-0.24.221.3
USD1=0.81GBPUnited Kingdom0.20.80.613.2
USD1=1.551AUDAustralia-0.5-0.14.120.3
USD1=7.835HKDHong Kong-0.1-0.20.9
USD1=0.912CHFSwitzerland0.2-0.12.0-0.4
USD1=1.37CADCanada-0.3-0.61.89.3
USD1=10.893SEKSweden-0.40.15.629.6
USD1=11.002NOKNorway-0.20.53.832.6
USD1=17.136MXNMexico0.22.5-4.8-13.6



% Change of HKD vs Currency Basket Period-Based

In the past three years the Hong Kong Dollar fell 0.8% against the US Dollars. However, in the past year the Hong Kong Dollar rose 0.2% against the US Dollars.

LastCountry1-day %1-week %1-Year %3-Yrs %
HKD1=0.128USDUnited States Of America-0.1-0.2-0.8
HKD1=0.924CNYChina--5.410.1
HKD1=19.738JPYJapan-0.515.141.7
HKD1=0.12EUREuropean Union-0.2-3.011.8
HKD1=176.076KRWSouth Korea--0.34.422.6
HKD1=0.174SGDSingapore-0.10.12.31.4
HKD1=0.216NZDNew Zealand-0.10.54.520.4
HKD1=0.103GBPUnited Kingdom0.50.80.611.2
HKD1=0.199AUDAustralia-0.10.84.619.8
HKD1=0.116CHFSwitzerland-0.3-0.31.8-1.5
HKD1=0.175CADCanada-0.3-0.12.29.1
HKD1=1.393SEKSweden-0.60.55.728.8
HKD1=1.408NOKNorway-0.31.04.231.5
HKD1=2.18MXNMexico-2.9-5.3-14.7



Currency USD vs HKD

Year-on-Year Comparison USD/HKD (Trailing year - ended 22 Apr)

202420232022202120202019
Close7.847.857.857.767.757.84
% Change-0.21.10.1-1.2


USD1 buys HKD 7.84 today: Appreciation of USD from 7.73 v/s HKD thirty years ago
Last5 Yrs ago15 Yrs ago20 Yrs ago25 Yrs ago30 Yrs ago
USD/HKD7.847.847.757.87.757.73


Present Value of HKD1000 Invested in USD 30 years ago is HKD1,014
PVHKD1,0005 yrs ago20 yrs ago30 yrs ago
USD/HKDHKD999HKD1,005HKD1,014



Macroeconomic Indicators

INDICATORUNITED STATES[USD]HONG KONG[HKD]
GDP YoY (%)3.2-
Interest rate (%)3.215.0
Inflation rate (%)3.9-
Unemployment rate (%)-0
Budget / (Deficit) to GDP ratio (%)(129.0)(1.8)
Current account / (Deficit) to GDP ratio (%)335.8938.4
Debt to GDP ratio (%)-337.4



Credit Rating Summary: HONG KONG

Rating AgencyLong TermForeign CurrencyDescription
Moody'sAa1
S&PAA+Very strong capacity to meet financial commitments. The plus (+) sign shows relative standing within the major rating category.
FITCHAA+Very high credit quality: 'AA' ratings denote expectations of very low default risk. The plus (+) sign shows relative standing within the major rating category.
DAGONGAAAHighest Credit Quality: "AAA" ratings denote the lowest expectation of default risk. It indicates that the issuer has exceptionally strong capacity for payment of financial commitments. Although the AAA debt protection factors may change, this capacity is highly unlikely to be adversely affected by any foreseeable event. 'AAA' is the highest issuer credit rating assigned by Dagong.

UNITED STATES
Rating AgencyLong TermForeign CurrencyDescription
MOODYAaa
S&PAA+Very strong capacity to meet financial commitments. The plus (+) sign shows relative standing within the major rating category.
FITCHAAA Highest credit quality: 'AAA' ratings denote the lowest expectation of default risk. This capacity is highly unlikely to be adversely affected by foreseeable events.
DAGONGA-High Credit Quality: "A" ratings denote expectations of relatively low default risk. The capacity for payment of financial commitments is considered sufficient. However, this capacity may be more vulnerable than those of the higher ratings to adverse business or economic conditions due to any foreseeable event. The minus (-) sign shows relative standing within the major rating category.




Source: www.BuySellSignals.com