Exchange Rate Calculator

The exchange rate between the Hong Kong Dollar (HKD) and the Indian Rupee (INR) has experienced notable fluctuations over the past few months. Understanding these movements is crucial for businesses and individuals engaged in trade, investment, or remittances between Hong Kong and India.

Recent Exchange Rate Trends

As of June 28, 2025, the exchange rate stood at 1 HKD to 10.89 INR. (hkd.currencyrate.today) Over the past 180 days, the highest exchange rate was 11.269 INR per HKD on February 7, 2025, and the lowest was 10.861 INR per HKD on May 23, 2025. (exchange-rates.org) The average exchange rate during this period was approximately 11.049 INR per HKD.

Factors Influencing the Exchange Rate

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

1. Economic Indicators: India's economic performance, including GDP growth, inflation rates, and trade balances, significantly impacts the INR's strength. Similarly, Hong Kong's economic health influences the HKD.

2. Monetary Policies: Decisions by the Reserve Bank of India (RBI) and the Hong Kong Monetary Authority (HKMA) regarding interest rates and money supply affect currency values.

3. Global Market Sentiment: Investor confidence, geopolitical events, and global economic trends can lead to capital flows that impact exchange rates.

4. Trade Relations: The trade balance between Hong Kong and India, including export and import volumes, influences demand for each other's currencies.

Historical Context

In 2024, the HKD/INR exchange rate ranged from a low of 10.574 INR per HKD on March 7 to a high of 11.050 INR per HKD on December 30, with an average rate of 10.725 INR per HKD. (exchange-rates.org) This indicates a strengthening of the HKD against the INR over the year.

Implications for Stakeholders

• Businesses: Companies engaged in trade between Hong Kong and India should monitor exchange rate trends to manage costs and pricing strategies effectively.

• Investors: Currency fluctuations can impact returns on investments denominated in HKD or INR. Diversifying portfolios and considering hedging strategies may mitigate risks.

• Individuals: For those remitting money between the two regions, timing transfers when the exchange rate is favorable can maximize the amount received.

Conclusion

The HKD/INR exchange rate has shown variability influenced by economic indicators, monetary policies, global market sentiment, and trade relations. Staying informed about these factors can help stakeholders make informed financial decisions.