Skip to content
ForexCanada.ca

Exotic

USD/HKD

USD/HKD is pegged: since 1983 the Hong Kong Monetary Authority has kept the Hong Kong dollar within a narrow band (7.75–7.85 per U.S. dollar since 2005). It rarely makes sense to trade for price moves, but it's a useful case study in currency pegs.

Reference rate

7.8473

Bank of Canada-derived · 2026-09-29

Pip value (10,000 units)

C$0.18

Pip size 0.0001

Most active (ET)

Asian session.

USD/HKD — last 120 Bank of Canada observations

2026-09-29 → 2026-04-09 · -0.16%

Latest
7.8350
High
7.8480
Low
7.8253

What moves USD/HKD

  • HKMA peg defence
  • Interest-rate differentials within the band

The Canadian angle

A peg can hold for decades — or break suddenly. Leverage on pegged currencies can be dangerous.

Related: what moves the loonie · pip calculator · market hours

Registered brokers to trade USD/HKD

  1. #1

    Interactive Brokers Canada

    CIRO-registered

    Best for: Experienced, cost-sensitive traders who want forex, futures, options and global stocks in one account

    Platforms
    TradingView
    FX pairs
    100+
    Min. deposit
    $0
    CIPF
    Yes
    9.5/ 10
    Visit siteFull review
  2. #2

    Questrade

    CIRO-registered

    Best for: Canadians who want TFSA/RRSP investing and forex/CFD trading with one Canadian firm

    Platforms
    Proprietary
    FX pairs
    100+
    Min. deposit
    $0
    CIPF
    Yes
    9.4/ 10
    Visit siteFull review
  3. #3

    CMC Markets Canada

    CIRO-registered

    Best for: Traders who want the widest CFD and currency-pair range from a Canadian dealer

    Platforms
    MT4, TradingView
    FX pairs
    150+
    Min. deposit
    $0
    CIPF
    Yes

    ⚠ Alberta residents generally must qualify as accredited investors to trade CFDs.

    8.9/ 10
    Visit siteFull review

Questions

What is one pip worth on USD/HKD in Canadian dollars?

A pip on USD/HKD is 0.0001. On 10,000 units that's 1 HKD, or about C$0.18 at the latest Bank of Canada rate.

When is USD/HKD most active?

Asian session.

Where can Canadians trade USD/HKD?

Through CIRO-registered dealers that offer forex, such as Interactive Brokers Canada, Questrade, CMC Markets Canada. Leverage on exotic pairs is much lower than on majors.

Rates are Bank of Canada daily averages (cross rates derived via CAD) for information only — not trading prices or advice. Source: Bank of Canada.