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CFDs come with a high risk of losing money rapidly due to leverage. 71% of accounts lose money when trading CFDs with this provider. You should understand how CFDs work and consider if you can take the risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

76% of retail investor accounts lose money when trading CFDs with this provider.

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USDHKD: Live Price Chart

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[[ data.price ]] [[ data.change ]] ([[ data.changePercent ]]%)

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About

History

Why Trade?

About

History

Why Trade?

The USDHKD (US Dollar to Hong Kong Dollar) currency pair is an important financial instrument for traders and investors alike. The US dollar is the global reserve currency and is used in countless transactions across the world. Meanwhile, the Hong Kong dollar serves as a key regional currency used in a variety of international trade activities within the Asia Pacific region. This currency pair offers exceptional liquidity and is popular among long-term investors.

It is important to note that the USDHKD currency pair has seen significant volatility in its exchange rate over the past several years. The underlying economic conditions of both nations and their respective monetary policies have had a major influence on the direction of this pair's exchange rate. As such, it is wise for those traders and investors looking to capitalize on the USDHKD currency pair to remain aware of both the current economic climate in each country as well as any potential changes in their respective monetary policies that could affect its exchange rate going forward.

The US Dollar (USD) to Hong Kong Dollar (HKD) exchange rate has seen both highs and lows throughout its history. At its highest, the USD/HKD exchange rate was 7.8516 in August of 2018. The lowest recorded exchange rate between these two currencies was 7.70 in October of 2003. Investors should be aware of these risks before investing in any currency pair, including USD/HKD.

As with any investment, it is important to do your research and understand the risks involved before investing. With careful due diligence, investors can make informed decisions and potentially benefit from the fluctuations in USD/HKD.

USDHKD is an attractive currency pair for traders due to its high liquidity, low spreads and wide range of instruments available. It is also the most liquid pair in the Hong Kong dollar market, offering traders access to a larger pool of liquidity. Additionally, the US dollar is a major currency used worldwide and has strong influence on global markets, making USDHKD an ideal pair for trading.

Other currency pairs traders should consider include EURUSD, GBPSGD, EURTRY and NZDUSD. These pairs are among the most heavily traded in the world and offer a wide range of instruments to choose from. They also provide access to different economies with different risk/reward profiles, allowing traders to diversify their portfolios.

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Swap long [[ data.swapLong ]] points
Swap short [[ data.swapShort ]] points
Spread min [[ data.stats.minSpread ]]
Spread avg [[ data.stats.avgSpread ]]
Min contract size [[ data.minVolume ]]
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Commission and Swap Commission and Swap
Leverage Leverage
Trading Hours Trading Hours

* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.

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Why Trade [[data.name]]

Make the most of price fluctuations - no matter what direction the price swings and with low capital investment.

Forex
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Capitalise on rising prices (go long)

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Capitalise on falling prices (go short)

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Trade with leverage

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Trade on volatility

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Enjoy huge liquidity

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Manage risk with in-platform tools
Ability to set take profit and stop loss levels

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