SGDH
SGD/HKD
Market Open
15 Jun, 10:28
6. 111460
HKD -0.002763
-0.0452%
57,765 Volume
6.114223 HKD
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SGDHKD Overview
SGDHKD denotes the exchange rate expressing the value of one Singapore Dollar in terms of Hong Kong Dollars. It indicates how many HKD are required to buy one unit of SGD and is quoted in the standard base/quote convention with SGD as the base currency.
The Singapore Dollar (SGD) is the official currency of the Republic of Singapore. Managed and issued by the Monetary Authority of Singapore (MAS), the SGD functions within a managed float regime in which the MAS uses the exchange rate as the primary monetary policy instrument to maintain price stability and external competitiveness.
The Hong Kong Dollar (HKD) serves as the official currency of the Hong Kong Special Administrative Region. Oversight and regulation are provided by the Hong Kong Monetary Authority (HKMA), while authorized note-issuing banks circulate banknotes under the HKMA’s currency board framework, which keeps the HKD closely linked to the US dollar.
Movements in the SGDHKD rate reflect market forces of supply and demand and are influenced by interest rate differentials, inflation expectations, capital flows, trade balances, and central bank actions. Geopolitical events and regional economic data can cause short-term volatility.
For market participants, SGDHKD is relevant for cross-border trade settlement, corporate hedging, and speculative positioning, offering liquidity and a gauge of monetary and economic relations between Singapore and Hong Kong.
The Singapore Dollar (SGD) is the official currency of the Republic of Singapore. Managed and issued by the Monetary Authority of Singapore (MAS), the SGD functions within a managed float regime in which the MAS uses the exchange rate as the primary monetary policy instrument to maintain price stability and external competitiveness.
The Hong Kong Dollar (HKD) serves as the official currency of the Hong Kong Special Administrative Region. Oversight and regulation are provided by the Hong Kong Monetary Authority (HKMA), while authorized note-issuing banks circulate banknotes under the HKMA’s currency board framework, which keeps the HKD closely linked to the US dollar.
Movements in the SGDHKD rate reflect market forces of supply and demand and are influenced by interest rate differentials, inflation expectations, capital flows, trade balances, and central bank actions. Geopolitical events and regional economic data can cause short-term volatility.
For market participants, SGDHKD is relevant for cross-border trade settlement, corporate hedging, and speculative positioning, offering liquidity and a gauge of monetary and economic relations between Singapore and Hong Kong.
SGDHKD Chart
SGDHKD FAQ
What is the current SGD/HKD price?
The current rate is 6.111460 HKD, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the SGD/HKD rate changed today?
The rate has changed by -0.002763 (-0.0452%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was 6.114223 HKD, 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 SGD/HKD moving up or down?
Movements in SGD/HKD are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (-0.0452%) is based on the difference between the current rate and the previous closing rate.
Is SGD/HKD trending up or down right now?
If the current rate (6.111460 HKD) is below the previous close (6.114223 HKD), 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 SGD/HKD directly on this page.
