Exchange Rate Calculator

As of May 3, 2025, Bitcoin (BTC) is trading at approximately $96,894 USD. Given the Hong Kong dollar's (HKD) peg to the US dollar at a rate of HK$7.80 to US$1, this translates to a BTC/HKD exchange rate of about HK$755,773.20. This figure reflects Bitcoin's significant appreciation over recent years, notably surpassing the $100,000 USD mark in December 2024.

Bitcoin's Price Trajectory

Bitcoin has experienced substantial growth since its inception, with notable milestones in recent years. In January 2024, Bitcoin reached $45,001.01 USD, marking a 7% surge at the start of the year. By March 2024, it hit a new record high of $73,664 USD, driven by record-breaking inflows into US Bitcoin ETFs. The upward trend continued, culminating in Bitcoin reaching $100,000 USD in December 2024.

Hong Kong Dollar's Stability

The Hong Kong dollar has maintained a stable exchange rate due to its peg to the US dollar at HK$7.80 to US$1. This linked exchange rate system, established in 1983, ensures that the HKD's value remains closely tied to the USD. The Hong Kong Monetary Authority (HKMA) manages this peg by controlling the supply and demand of Hong Kong dollars, thereby influencing the exchange rate to remain fixed.

BTC/HKD Exchange Rate Dynamics

The BTC/HKD exchange rate is directly influenced by Bitcoin's price movements in USD, given the HKD's peg to the USD. As Bitcoin's value has increased, the corresponding value in HKD has risen proportionally. For instance, when Bitcoin reached $100,000 USD in December 2024, the BTC/HKD rate was approximately HK$780,000. This correlation underscores the impact of Bitcoin's volatility on its value in HKD terms.

Implications for Investors

Investors considering Bitcoin in the context of the HKD should be aware of the cryptocurrency's inherent volatility. While Bitcoin has demonstrated significant growth, it has also experienced substantial price fluctuations. The stability of the HKD due to its USD peg provides a consistent baseline for evaluating Bitcoin's performance in local currency terms.

Conclusion

The BTC/HKD exchange rate reflects the interplay between Bitcoin's dynamic price movements and the Hong Kong dollar's stability. As Bitcoin continues to evolve, its valuation in HKD will remain closely tied to its performance against the USD, influenced by market demand, regulatory developments, and broader economic factors.