Convert Hong Kong Dollar to Brazilian Real
Please provide values below to convert Hong Kong Dollar [HKD] to Brazilian Real [BRL], or Convert Brazilian Real to Hong Kong Dollar.
How to Convert Hong Kong Dollar to Brazilian Real
1 HKD = 1.41005927788755 BRL
Example: convert 15 HKD to BRL:
15 HKD = 15 × 1.41005927788755 BRL = 21.1508891683133 BRL
Hong Kong Dollar to Brazilian Real Conversion Table
| Hong Kong Dollar | Brazilian Real |
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Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.