Convert Hong Kong Dollar to Chinese Yuan
HKD to CNY Exchange Rate Calculator
1 Hong Kong Dollar (HKD) = 0.8632 Chinese Yuan (CNY) at the live mid-market rate. That means $100 HKD converts to roughly 86.32 CNY, and $1,000 HKD converts to about 863.21 CNY. The HKD/CNY rate refreshes every hour from Frankfurter, which sources data from the European Central Bank reference set. Enter any amount below to convert instantly — free, no sign-up.
90-day HKD/CNY context
Over the past 90 days, HKD/CNY has traded between 0.8632 and 0.8850. The current rate of 0.8632 sits roughly 0% through that range — near the lower end, meaning Chinese Yuan has been stronger than typical against Hong Kong Dollar recently. Versus the rate 90 days ago, Hong Kong Dollar has weakened by 2.16% against Chinese Yuan.
HKD/CNY Price History
Interactive HKD/CNY exchange rate chart with 7-day, 30-day, and 90-day views.
About Hong Kong Dollar (HKD)
The Hong Kong Dollar (HKD) is the official currency of the Hong Kong Special Administrative Region. It has been pegged to the US Dollar since 1983 under a Linked Exchange Rate System, trading within a narrow 7.75–7.85 HKD per USD band enforced by the Hong Kong Monetary Authority (HKMA).
- •Pegged to USD at ~7.80 within a 7.75–7.85 Convertibility Undertaking band since 1983
- •Hong Kong is the world's fourth-largest forex trading centre by BIS data
- •HKMA intervenes automatically at band boundaries, not at the HKMA's discretion
- •Hong Kong has the world's freest economy by Heritage Foundation and similar indices
- •HIBOR (Hong Kong Interbank Offered Rate) tends to follow US rates because of the peg
About Chinese Yuan (CNY)
The Chinese Yuan (CNY), officially the Renminbi (RMB), is the currency of the People's Republic of China and increasingly central to global trade settlement. CNY trades onshore at a rate closely managed by the People's Bank of China (PBOC), while CNH trades offshore (mainly Hong Kong) with more market-driven pricing.
- •Fifth-most-used currency for global payments (SWIFT)
- •Included in the IMF Special Drawing Rights basket since October 2016
- •PBOC sets a daily USD/CNY reference rate and tolerates a ±2% trading band
- •China holds the world's largest FX reserves (~$3.2 trillion)
- •CIPS (China's cross-border payment system) handled over $14.7 trillion in 2025
Frequently Asked Questions
When is HKD/CNY most liquid?
Liquidity is deepest during the Tokyo and Hong Kong sessions (00:00–08:00 UTC) when HKD markets are open. Spreads widen noticeably during the New York afternoon and Asian public holidays.
What is a typical daily range for HKD/CNY?
Daily ranges vary with volatility regimes. Majors like EUR/USD typically move 0.5–1.2% on quiet days and 2–3% on data-release days. Check the 30-day chart above for a sense of the current range.
What economic events move HKD/CNY the most?
The biggest scheduled catalysts are HKMA intervention data and HIBOR-SOFR spread and PBOC daily fix, Chinese PMIs, and trade-balance prints. Geopolitical headlines and global risk sentiment also produce meaningful moves, especially when one currency is a safe-haven and the other is risk-sensitive.
Is it cheaper to convert HKD to CNY at a bank or online?
Online money-transfer services (Wise, Revolut, Remitly, InstaRem) typically offer rates much closer to the mid-market HKD/CNY than traditional banks. Always compare the total delivered amount, not just the advertised "fee" — many providers embed their margin in the exchange rate itself.
Does the HKD/CNY rate change on weekends?
The interbank forex market closes from Friday 21:00 UTC until Sunday 21:00 UTC, so mid-market HKD/CNY rates don't update during that window. Retail broker spreads often widen at Sunday open as Asian desks reopen, so the first few hours of the new week can carry wider execution costs.
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- Spread (Forex)The spread is the difference between the buy (ask) price and the sell (bid) price of a cur…
- Currency PegA currency peg is a policy where a country fixes its exchange rate to another currency (or…
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Exchange rates refresh hourly · Sourced from institutional-grade data providers