Convert Hong Kong Dollar to Mexican Peso
HKD to MXN Exchange Rate Calculator
1 Hong Kong Dollar (HKD) = 2.2052 Mexican Peso (MXN) at the live mid-market rate. That means $100 HKD converts to roughly 220.52 MXN, and $1,000 HKD converts to about 2,205.20 MXN. The HKD/MXN 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/MXN context
Over the past 90 days, HKD/MXN has traded between 2.1957 and 2.3095. The current rate of 2.2052 sits roughly 8% through that range — near the lower end, meaning Mexican Peso has been stronger than typical against Hong Kong Dollar recently. Versus the rate 90 days ago, Hong Kong Dollar has weakened by 2.20% against Mexican Peso.
HKD/MXN Price History
Interactive HKD/MXN 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 Mexican Peso (MXN)
The Mexican Peso (MXN) is the official currency of Mexico and the most-traded currency in Latin America. Nicknamed "the Mex" among FX traders, MXN benefits from high real yields and deep onshore liquidity, making it a perennial favourite in emerging-market carry trade strategies.
- •Most-traded emerging-market currency in the Americas
- •Banxico (Bank of Mexico) targets 3% CPI inflation (±1%)
- •Remittances from the US to Mexico exceeded $63 billion in 2024
- •USMCA (formerly NAFTA) links Mexico deeply to US trade
- •The "$" symbol originated with the Spanish peso before being adopted by the US Dollar
Frequently Asked Questions
When is HKD/MXN 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/MXN?
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/MXN the most?
The biggest scheduled catalysts are HKMA intervention data and HIBOR-SOFR spread and Banxico decisions and US-Mexico trade headlines. 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 MXN at a bank or online?
Online money-transfer services (Wise, Revolut, Remitly, InstaRem) typically offer rates much closer to the mid-market HKD/MXN 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/MXN rate change on weekends?
The interbank forex market closes from Friday 21:00 UTC until Sunday 21:00 UTC, so mid-market HKD/MXN 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.
Related Conversions
More on HKD and MXN
Country money guides, key terms, rate history, and articles related to HKD/MXN.
Country guides
Glossary
- Pip (Forex)A pip ("percentage in point") is the smallest standard price increment for a currency pair…
- 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…
Rate history
Articles
- Dollar Dying: USD Hits Lowest Reserve Share Since 1995The dollar's reserve share fell to 56.32% — lowest since 1995. China slashed Treasuries by 47%, BRICS settle 99% in local currencies, gold soaring.
- Indian Rupee Nearing 100/Dollar: Currency Crisis ExplainedThe rupee hit 94.82/USD — an all-time low. Foreign investors pulled $12B, the RBI staged its biggest intervention since 2013, and oil is making it worse.
- The Dollar Just Hit a 4-Month Low — What a Weaker USD Means for YouThe DXY fell to a 4-month low in May 2026 as Powell exited the Fed and Kevin Warsh prepares to take over with a dovish tone. Here is what a weaker US dollar actually means for travel, savings, gold, and investments — and what to do now.
Related Reading
Background on Hong Kong Dollar, Mexican Peso, and the forces that move HKD/MXN.
Hidden Fees of Sending Money Abroad: Real Costs
Discover the hidden costs of international money transfers. Learn how exchange rate markups, wire fees, and intermediary charges can cost you hundreds.
how-toCheapest Way to Send Money Internationally in 2026 (Fees Compared)
The cheapest way to send money internationally in 2026, compared side-by-side. Wise vs PayPal vs bank wire vs Remitly vs OFX — fees, exchange rate markups, speed, and total cost on a $1,000 transfer.
newsThe Dollar Just Hit a 4-Month Low — What a Weaker USD Means for You
The DXY fell to a 4-month low in May 2026 as Powell exited the Fed and Kevin Warsh prepares to take over with a dovish tone. Here is what a weaker US dollar actually means for travel, savings, gold, and investments — and what to do now.
Exchange rates refresh hourly · Sourced from institutional-grade data providers