HKDZ

HKD/ZAR

Market Open
12 Jun, 20:59
R
2. 080731
+0.003379
+0.1626%
R
134,533 Volume
R 2.077352
Previous Close
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Day Range
2.069019 2.085581
Year Range
1.998833 2.56997
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HKDZAR Overview

HKDZAR denotes the exchange rate between the Hong Kong Dollar and the South African Rand, showing how many rand are required to purchase one Hong Kong Dollar. It tracks the relative value of the two currencies in the foreign exchange market and is used to quote cross-currency transactions between Hong Kong and South Africa.

The Hong Kong Dollar (HKD) is the official currency of the Hong Kong Special Administrative Region. It serves as the unit of account and medium of exchange in Hong Kong and is issued under the authority of the Hong Kong Monetary Authority, with banknotes distributed by licensed note-issuing banks.

The South African Rand (ZAR) is the legal tender of the Republic of South Africa. It functions as the country’s primary currency for domestic and international transactions and is issued by the South African Reserve Bank, which is responsible for monetary policy and currency stability.

Movements in HKDZAR are driven by supply and demand dynamics in FX markets, influenced by interest rate differentials, inflation trends, central bank actions, trade flows and broader geopolitical events. Commodity prices and investor risk sentiment can also affect flows into ZAR or HKD.

HKDZAR is relevant for traders, multinational firms and investors engaged in trade, remittances and hedging, as it helps manage currency exposure and supports speculative strategies across these two markets.

HKDZAR Chart

HKDZAR FAQ

What is the current HKD/ZAR price?

The current rate is R2.080731, reflecting the latest available market price based on global forex liquidity and trading activity.

How much has the HKD/ZAR rate changed today?

The rate has changed by +0.003379 (+0.1626%) compared to the previous close, reflecting current forex market activity.

What was the previous closing rate?

The previous close was R2.077352, which serves as a reference point for measuring daily performance.

What does the daily range indicate?

The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.

Why is HKD/ZAR moving up or down?

Movements in HKD/ZAR are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.

How is the percentage change calculated?

The percentage change (+0.1626%) is based on the difference between the current rate and the previous closing rate.

Is HKD/ZAR trending up or down right now?

If the current rate (R2.080731) is above the previous close (R2.077352), it indicates upward movement. If below, it suggests a downward trend.

Where can I track live rates and charts?

You can monitor real-time rates, charts, and key market data for HKD/ZAR directly on this page.