Exchange Rate Calculator

The exchange rate between the Indian Rupee (INR) and the Hong Kong Dollar (HKD) has exhibited notable fluctuations over the past few months. This report provides an analysis of the INR/HKD exchange rate trends, highlighting key movements and potential influencing factors.

Recent Exchange Rate Trends

January 2025:
- Opening Rate: On January 1, 2025, the INR/HKD exchange rate was 1 INR = 0.0908 HKD.
- Lowest Rate: The rate declined to 1 INR = 0.0899 HKD on January 13, 2025.
- Average Rate: Throughout January, the average exchange rate was approximately 0.0902 HKD per INR.

February 2025:
- Lowest Rate: The exchange rate reached its lowest point of 1 INR = 0.08874 HKD on February 7, 2025.
- Average Rate: The average rate for February was around 0.09051 HKD per INR.

March 2025:
- Rate Fluctuations: The exchange rate experienced a rising trend, with a percentage change of +2.32% over the month.

April 2025:
- Stability: The exchange rate remained relatively stable, with minimal fluctuations and a percentage change of -0%.

May 2025:
- Highest Rate: The exchange rate peaked at 1 INR = 0.09207 HKD on May 23, 2025.
- Overall Performance: The exchange rate showed a slight decline over the month, with a percentage change of -0.05%.

June 2025:
- Closing Rate: By June 27, 2025, the exchange rate was 1 INR = 0.0919 HKD.

Comparative Analysis with Previous Years

2024:
- Average Rate: The average exchange rate in 2024 was approximately 0.0933 HKD per INR.
- Highest Rate: The highest rate recorded was 1 INR = 0.0945 HKD.
- Lowest Rate: The lowest rate was 1 INR = 0.0905 HKD.

2023:
- Average Rate: In 2023, the average exchange rate was around 0.09447 HKD per INR.
- Highest Rate: The highest rate observed was 1 INR = 0.09502 HKD.
- Lowest Rate: The lowest rate was 1 INR = 0.09383 HKD.

Factors Influencing Exchange Rate Movements

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

1. Economic Indicators:

   • India: Economic growth rates, inflation, and trade balances have a direct impact on the value of the INR.
   • Hong Kong: As a major financial hub, Hong Kong's economic performance, including its trade relations and financial market stability, influences the HKD.

2. Monetary Policies:

   • Decisions by the Reserve Bank of India (RBI) regarding interest rates and monetary policies affect the INR's strength.
   • Similarly, the Hong Kong Monetary Authority's policies impact the HKD.

3. Global Market Dynamics:

   • Global economic events, such as changes in commodity prices, geopolitical tensions, and international trade agreements, can lead to currency fluctuations.

4. Investor Sentiment:

   • Foreign investment flows into India and Hong Kong influence demand for their respective currencies, affecting exchange rates.

Conclusion

The INR/HKD exchange rate has experienced both upward and downward movements over the past few months, influenced by a combination of domestic economic performance, monetary policies, and global market conditions. While the exchange rate has shown some volatility, it has remained within a relatively narrow range, indicating a degree of stability. Investors and businesses engaged in transactions between India and Hong Kong should monitor these factors closely to make informed decisions.