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AUD to HKD Forecasts

AUD/HKD has risen 10 percent since the start of 2020 and nearly 28 percent since the peak of the markets pandemic shock in March.

Australian dollar to Hong Kong dollar forecasts

In mid December AUD/HKD has hit it highest level (over 5.85) since June 2018. This is on the back of positive headlines that are boosting risk sentiment, prompting investment in equities and taking money away from the USD, to which the HK dollar is pegged.

In January the Hong Kong government reported unemployment was at its highest level for 16 years due to the impact of the pandemic, and suggested that this might worsen ahead of the Chinese New Year.

AUD/HKD forecasts are influenced by three factors; the coronavirus impact on and response by both economies, changes in the delta between interest rates in Australia and the US (as HKD is pegged to USD) and also the trade war between China and the US and increasingly Australia.

With the AUD continuing to enjoy higher highs and higher lows, our bias is for the AUD to enjoy further gains (against HKD) on the back of USD weakness.  

Read more about AUD-USD forecasts here AUD-USD Forecasts for 2020.

You can also read our full Foreign Exchange Guide to Hong Kong.

 

AUDHKD Trend & Alerts

AUDHKD at 5.9880 is 3.7% above its 90-DAY average, range 5.4454-6.0499.
🔔 AUDHKD is UP 0.5% TODAY.
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Alert:1-DAY0.5% |
Australian Dollar to Hong Kong Dollar
Invert Rate
SELL HKD / BUY AUD

You can read more about other AUD cross-rate forecasts here AUD Trends and Forecasts for 2020.

 

AUD to HKD Exchange Rates – Compare and Save

 

What is a good AUD to HKD exchange rate?

Whether the HK dollar will rise or drop in the future versus the Australian dollar is a difficult question and the answer really depends on many factors. The best way to consider the current AUD-HKD relative value is to check the change in the exchange over a range of periods to the present day. The below table does this for periods going back 10 years.

AUD/HKDChangePeriod
6.0290
12 Jan 2021
1% ▼1 Week
5.8820
20 Dec 2020
1.4% ▲30 Days
5.5049
21 Oct 2020
8.4% ▲90 Days
5.3416
20 Jan 2020
11.7% ▲1 Year
5.4737
21 Jan 2016
9% ▲5 Years
7.7079
22 Jan 2011
22.6% ▼10 Years

AUD/HKD 10 year historic rates & change to 19-Jan-2021 : 5.9665

 
Please note that the opinions of our authors are their own and do not reflect the opinion of Best Exchange Rates and should not be taken as a reference to buy or sell any financial product.