Exchange Rate Calculator

The exchange rate between the Hong Kong Dollar (HKD) and the Indian Rupee (INR) has exhibited notable fluctuations over the past several months. Understanding these trends is essential for businesses, investors, and individuals engaged in transactions between Hong Kong and India.

Recent Exchange Rate Trends

In 2024, the HKD/INR exchange rate experienced a range of movements. The highest rate recorded was 11.050 INR per HKD on December 30, 2024, while the lowest was 10.574 INR per HKD on March 7, 2024. The average exchange rate for the year stood at 10.725 INR per HKD.

Moving into 2025, the exchange rate continued to show variability. In January 2025, the rate fluctuated between 11.015 INR and 11.128 INR per HKD, with an average of 11.083 INR. February 2025 saw a peak of 11.269 INR per HKD on February 7, and a low of 11.119 INR, averaging 11.185 INR for the month. In March 2025, the rate ranged from 11.110 INR to 11.251 INR per HKD, with an average of 11.197 INR.

Factors Influencing the Exchange Rate

Several factors have contributed to the fluctuations in the HKD/INR exchange rate:

1. Economic Indicators: Differences in economic growth rates, inflation, and interest rates between Hong Kong and India can influence currency values.

2. Trade Balances: The trade relationship between the two regions affects demand for each other's currencies.

3. Global Market Sentiment: Investor perceptions and global economic events can lead to shifts in currency values.

4. Monetary Policies: Decisions by the Hong Kong Monetary Authority and the Reserve Bank of India regarding money supply and interest rates impact the exchange rate.

Implications for Stakeholders

Understanding the HKD/INR exchange rate trends is crucial for:

• Businesses: Companies engaged in import-export activities between Hong Kong and India need to manage currency risk to protect profit margins.

• Investors: Those investing in assets denominated in HKD or INR should consider exchange rate movements in their investment strategies.

• Travelers and Remitters: Individuals traveling or sending money between the two regions should be aware of exchange rate trends to optimize their transactions.

Conclusion

The HKD/INR exchange rate has shown variability over the past year, influenced by a range of economic and market factors. Staying informed about these trends is essential for effective financial planning and risk management for all stakeholders involved.