Convert Hong Kong Dollar to Dominican Peso
Please provide values below to convert Hong Kong Dollar [HKD] to Dominican Peso [DOP], or Convert Dominican Peso to Hong Kong Dollar.
How to Convert Hong Kong Dollar to Dominican Peso
1 HKD = 0.130069095789631 DOP
Example: convert 15 HKD to DOP:
15 HKD = 15 × 0.130069095789631 DOP = 1.95103643684446 DOP
Hong Kong Dollar to Dominican Peso Conversion Table
| Hong Kong Dollar | Dominican Peso |
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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.
Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.