The AUD/HKD rate is directly influenced by the AUD/USD as HKD is pegged to USD.
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.
Read more about AUD-USD forecasts here AUD-USD Forecasts for 2020.
You can also read our full Foreign Exchange Guide to Hong Kong.
You can read more about other AUD cross-rate forecasts here AUD Trends and Forecasts for 2020.
This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.
The following table looks at the change in the AUD to HKD exchange rate to the present day for periods back 10 years:
|18 Sep 2020 : 5.6506||3.6% ▼||1 Week|
|26 Aug 2020 : 5.6158||3% ▼||30 Days|
|27 Jun 2020 : 5.3194||2.4% ▲||90 Days|
|26 Sep 2019 : 5.2938||2.9% ▲||1 Year|
|27 Sep 2015 : 5.4366||0.2% ▲||5 Years|
|28 Sep 2010 : 7.4883||27.3% ▼||10 Years|
AUD/HKD 10 year historic rates & change to 25-Sep-2020 : 5.4450