Convert Hong Kong Dollar to Philippine Peso
Convert Hong Kong Dollar (HKD) to Philippine Peso (PHP) using daily updated exchange rates.
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Exchange Rate
Exchange rates are updated daily.
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About Hong Kong Dollar
The Hong Kong Dollar (HKD) has been the official currency of Hong Kong since 1863. It has been pegged to the US Dollar under a Currency Board system since 1983 within a tight band of 7.75 to 7.85 HKD per USD, providing monetary stability crucial for Hong Kong's role as a global financial centre. The Hong Kong Monetary Authority (HKMA) manages the peg by automatically adjusting interest rates. Hong Kong is one of the world's most important financial hubs, hosting one of Asia's largest stock exchanges.
About Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, an archipelago nation of over 7,000 islands in Southeast Asia. Introduced in its modern form in 1949 when the Central Bank of the Philippines was established, the peso replaced the controlled "win" currency used during and after World War II. Bangko Sentral ng Pilipinas (BSP) manages monetary policy with a managed float. The Philippines is one of Asia's fastest growing economies, with remittances from over 10 million overseas Filipino workers (OFWs) forming a critical economic pillar representing about 10% of GDP.
Quick Reference Table
| Hong Kong Dollar (HKD) | Philippine Peso (PHP) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).