Currency.Wiki

1 Hong Kong Dollar to Dominican Peso

Updated 1 minute ago
Convert 1 HKD:DOP
 HKD =
    DOP
 Hong Kong Dollar =  Dominican Pesos
Trending: HK$ exchange rates for the last 24 hours
  • HKD/USD 0.127911 0.00005724
  • HKD/EUR 0.119039 0.00041100
  • HKD/JPY 19.907712 0.82367639
  • HKD/GBP 0.102373 0.00107005
  • HKD/CHF 0.116153 0.00447443
  • HKD/MXN 2.162209 -0.03028687
  • HKD/INR 10.676674 0.06703519
  • HKD/BRL 0.650925 0.01251408
  • HKD/CNY 0.924155 0.01437515

HKD/DOP exchange rate analysis over the past 90 days

Hong Kong Dollar to Dominican Peso exchange rate: Over the last 90 days, the Hong Kong Dollar weakened by -0.88% against the Dominican Peso, declining from RD$7.4970 to RD$7.4316 per Hong Kong Dollar. This trend reflects the evolving economic dynamics between the Hong Kong and the Dominican Republic. Factors contributing to this weakening may include:

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

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

hkd/dop 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.

RD$
Dominican Peso Currency

Country: Dominican Republic

Symbol: RD$

ISO Code: DOP

Bank: Central Bank of the Dominican Republic

Interesting fact about Dominican Peso

The Dominican Peso (DOP) is the official currency of the Dominican Republic. It has been in circulation since 1844 when the country gained independence. The DOP is important for trade, tourism, and daily financial transactions within the country. It is regulated by the Central Bank of the Dominican Republic and has a stable exchange rate against the US Dollar.

Quick Conversion Guide

Frequently Asked Questions

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The Hong Kong Dollar to Dominican Peso 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 DOP is RD$7.43.
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Yes, our site provides historical charts that show the trends and fluctuations in the Hong Kong Dollar to Dominican Peso 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.