Exchange Rate Calculator

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

Recent Exchange Rate Trends

As of March 21, 2025, the KRW/HKD exchange rate stood at approximately 0.0052914, indicating that one South Korean Won was equivalent to about 0.0052914 Hong Kong Dollars. (investing.com)

Over the 180-day period from September 29, 2024, to March 26, 2025, the exchange rate exhibited the following characteristics:

• Highest Rate: 0.0059321 HKD per KRW on September 29, 2024.
• Lowest Rate: 0.0052543 HKD per KRW on December 31, 2024.
• Average Rate: 0.0054681 HKD per KRW over this period. (exchangerates.org.uk)

These figures indicate a general depreciation of the South Korean Won against the Hong Kong Dollar during this timeframe.

Monthly Exchange Rate Movements

A closer examination of monthly data reveals the following trends:

• September 2024: The exchange rate peaked at 0.0059321 HKD per KRW on September 29, 2024.
• December 2024: The rate declined to its lowest point of 0.0052543 HKD per KRW on December 31, 2024.
• January 2025: The exchange rate began to recover, reaching 0.005448 HKD per KRW on January 24, 2025. (exchange-rates.org)

This pattern suggests a period of depreciation followed by a partial recovery of the South Korean Won against the Hong Kong Dollar.

Factors Influencing the Exchange Rate

Several factors may have contributed to the observed fluctuations in the KRW/HKD exchange rate:

1. Economic Indicators: Differences in economic performance between South Korea and Hong Kong, such as variations in GDP growth rates, inflation, and employment figures, can impact currency valuations.

2. Monetary Policies: Decisions by the Bank of Korea and the Hong Kong Monetary Authority regarding interest rates and other monetary policies can influence investor confidence and capital flows, affecting exchange rates.

3. Trade Balances: The trade relationship between South Korea and Hong Kong, including trade surpluses or deficits, can affect demand for each country's currency.

4. Global Economic Events: External factors such as geopolitical tensions, global financial market trends, and economic developments in major economies can also impact exchange rates.

Conclusion

The KRW/HKD exchange rate has experienced significant fluctuations over the past several months, with the South Korean Won generally depreciating against the Hong Kong Dollar during this period. Understanding the underlying economic indicators, monetary policies, trade balances, and global events is essential for comprehending these movements. Stakeholders should monitor these factors closely to make informed decisions regarding currency-related transactions and investments.