Currency.Wiki

1 Hong Kong Dollar to Armenian Dram

Updated 4 minutes ago
Convert 1 HKD:AMD
 HKD =
    AMD
 Hong Kong Dollar =  Armenian Drams
Trending: HK$ exchange rates for the last 24 hours
  • HKD/USD 0.127771 -0.00015101
  • HKD/EUR 0.119399 0.00142273
  • HKD/JPY 19.906650 1.05880119
  • HKD/GBP 0.102121 0.00134785
  • HKD/CHF 0.116503 0.00625161
  • HKD/MXN 2.188006 -0.00654741
  • HKD/INR 10.665712 0.03402198
  • HKD/BRL 0.653802 0.02033436
  • HKD/CNY 0.925801 0.01703232

HKD/AMD exchange rate analysis over the past 90 days

Hong Kong Dollar to Armenian Dram exchange rate: Over the last 90 days, the Hong Kong Dollar weakened by -4.11% against the Armenian Dram, declining from AMD51.7559 to AMD49.7135 per Hong Kong Dollar. This trend reflects the evolving economic dynamics between the Hong Kong and the Armenia. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Hong Kong and Armenia.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Hong Kong and Armenia.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Hong Kong or Armenia.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Hong Kong relative to the Armenia.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

hkd/amd Historical Chart

HK$
Hong Kong Dollar Currency

Country: Hong Kong

Symbol: HK$

ISO Code: HKD

Bank: Hong Kong Monetary Authority

Interesting fact about Hong Kong Dollar

The Hong Kong Dollar (HKD) is the official currency of Hong Kong. Its history dates back to 1863 when it was first introduced as a result of Hong Kong becoming a British colony. The HKD is pegged to the US Dollar and is managed by the Hong Kong Monetary Authority. It plays a crucial role in Hong Kong's economy, functioning as a widely accepted payment method and facilitating international trade.

AMD
Armenian Dram Currency

Country: Armenia

Symbol: AMD

ISO Code: AMD

Bank: Central Bank of Armenia

Interesting fact about Armenian Dram

The Armenian Dram (AMD) is the official currency of Armenia. It was introduced in 1993 to replace the Soviet ruble. The dram has played a crucial role in stabilizing the country's economy and promoting economic growth. It represents Armenia's economic independence and sovereignty, providing stability and confidence for both domestic and foreign investors.

Quick Conversion Guide

Frequently Asked Questions

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The Hong Kong Dollar to Armenian Dram exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 HKD to AMD is AMD49.71.
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Yes, our site provides historical charts that show the trends and fluctuations in the Hong Kong Dollar to Armenian Dram exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.