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INR to HKD: Indian Rupee to Hong Kong Dollar

Live INR to HKD exchange rate today - 1 INR equals 0.0829 HKD, with an instant two-way converter for Indian Rupee to Hong Kong Dollar.

Today's INR to HKD Exchange Rate

1 INR = 0.082850 HKD

1 HKD = 12.0700 INR

Updated: September 4, 2026 ยท Source: Frankfurter API (blended central bank reference rates)

Currency Converter

1.00 Indian Rupee =

0.0829 Hong Kong Dollar

Last updated: September 4, 2026

This INR to HKD rate is sourced from the Frankfurter exchange rate API, which aggregates reference rates from central banks and financial data providers. Rates on this page are refreshed daily and reflect the mid-market exchange rate (the midpoint between buy and sell prices), rather than the retail rate offered at a bank or currency exchange counter.

Use the calculator above to convert any amount both ways: enter a value in either the INR box or the Hong Kong Dollar (HKD) box to see the live conversion instantly.

Related Data

What is INR (Indian Rupee)?

A managed float, not pegged to any other currency - the RBI lets the market set its value but occasionally buys or sells dollars to smooth out sharp swings.

Key Facts

  • ISO code: INR
  • Symbol: โ‚น
  • Subunit: 100 paise = 1 rupee
  • Issued by: Reserve Bank of India (RBI)

What is HKD (Hong Kong Dollar)?

Pegged to the US Dollar within a narrow band of HK$7.75-7.85 per USD since 1983, under a currency board system where every Hong Kong dollar issued is backed by US dollar reserves.

Key Facts

  • ISO code: HKD
  • Symbol: $
  • Subunit: 100 cents = 1 dollar
  • Issued by: Hong Kong Monetary Authority (HKMA)

Why Does the INR/HKD Exchange Rate Change?

The INR/HKD rate moves every trading day, driven mainly by:

  • The USD peg itself - HKD trades within a narrow HK$7.75-7.85 per USD band under a currency board system, so INR/HKD moves almost entirely in step with INR/USD.
  • Everything that moves INR/USD (Fed policy, crude oil prices, FII flows, India's trade deficit, RBI intervention) therefore also moves INR/HKD.
  • Hong Kong's status as a major financial hub and gateway for capital flows into and out of mainland China.
  • India-Hong Kong trade and investment, including Hong Kong's role as a re-export hub for goods moving between India and China.
  • The HKMA's currency board mechanism, which automatically buys or sells HKD to keep the rate inside its band whenever it nears the edge.
  • RBI intervention and rupee-side factors - since the peg holds, essentially all of this pair's real movement traces back to the rupee side.

Frequently Asked Questions

Is the Hong Kong Dollar pegged to the US Dollar?

Yes, since 1983, kept within a narrow HK$7.75-7.85 per USD band under a currency board system where every Hong Kong dollar issued is backed by US dollar reserves. Because of that, INR/HKD moves almost entirely in step with INR/USD.

Could Hong Kong ever switch its peg from the US Dollar to the Chinese Yuan?

It's been discussed in financial commentary given Hong Kong's deepening economic ties with mainland China, but as of now the HKD-USD peg remains in place and has proven resilient through multiple past crises (the Asian financial crisis, SARS, the 2008 global financial crisis) without being changed.

Is this the bank rate or forex rate?

It's the mid-market rate, the midpoint between the buy and sell price on the global currency market, with no margin added. Banks, forex counters and card networks add their own markup on top, so the rate you're actually charged when exchanging cash or paying by card abroad will differ, usually by 1 to 4 percent in their favor.

How often is the rate updated?

Once a day, refreshed at 7:00 AM IST from the Frankfurter API.

Where do these rates come from?

Frankfurter (frankfurter.dev), a free exchange-rate API that blends official reference rates from multiple central banks rather than relying on a single source.

Can I use this rate for an actual currency conversion?

Use it as a reference for roughly what you should be getting, not as the exact rate you'll receive. An actual transaction, a bank transfer, cash exchange, or a card payment abroad, goes through your bank or exchange provider's own rate, which includes their margin and any transaction fees.

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