Exchange Rate Calculator

The exchange rate between the Hong Kong Dollar (HKD) and the Canadian Dollar (CAD) has experienced notable fluctuations over the past several months. This report provides an analysis of the HKD/CAD exchange rate trends, highlighting key statistics and potential influencing factors.

Recent Exchange Rate Trends

Between December 2024 and March 2025, the HKD/CAD exchange rate exhibited the following characteristics:

• Highest Rate: 0.1867 CAD per HKD on January 31, 2025.
• Lowest Rate: 0.1802 CAD per HKD on December 5, 2024.
• Average Rate: 0.1842 CAD per HKD over this period.

This data indicates a general appreciation of the Hong Kong Dollar against the Canadian Dollar during this timeframe.

Monthly Breakdown

December 2024:

• Lowest Rate: 0.1802 CAD per HKD on December 5.
• Highest Rate: 0.1859 CAD per HKD on December 18.
• Average Rate: 0.1756 CAD per HKD.

The exchange rate in December showed an upward trend, with the HKD strengthening against the CAD.

January 2025:

• Lowest Rate: 0.1839 CAD per HKD.
• Highest Rate: 0.1867 CAD per HKD on January 31.
• Average Rate: 0.1849 CAD per HKD.

January continued the appreciation trend of the HKD against the CAD, culminating in the highest rate observed on January 31.

February 2025:

• Lowest Rate: 0.1821 CAD per HKD on February 14.
• Highest Rate: 0.1859 CAD per HKD.
• Average Rate: 0.1836 CAD per HKD.

February saw slight fluctuations, with the HKD maintaining a relatively strong position against the CAD.

March 2025:

• Lowest Rate: 0.1839 CAD per HKD.
• Highest Rate: 0.1862 CAD per HKD on March 3.
• Average Rate: 0.1849 CAD per HKD.

In March, the exchange rate remained stable, with minor fluctuations around the average rate.

Factors Influencing the Exchange Rate

Several factors may have contributed to the observed trends in the HKD/CAD exchange rate:

1. Economic Indicators: Differences in GDP growth, inflation rates, and employment statistics between Hong Kong and Canada can influence currency valuations.

2. Interest Rates: Decisions by the Hong Kong Monetary Authority and the Bank of Canada regarding interest rates can affect investor confidence and capital flows, impacting the exchange rate.

3. Trade Relations: The trade balance between Hong Kong and Canada, including export and import activities, can influence demand for each currency.

4. Global Market Sentiment: Investor perceptions of global economic stability and geopolitical events can lead to shifts in currency demand, affecting exchange rates.

Conclusion

The HKD/CAD exchange rate has demonstrated a general appreciation of the Hong Kong Dollar against the Canadian Dollar from December 2024 to March 2025. This trend reflects a combination of economic factors and market dynamics. Stakeholders should monitor ongoing economic developments and policy decisions in both regions to anticipate future movements in the exchange rate.