Convert Hong Kong Dollar to Philippine Peso
Please provide values below to convert Hong Kong Dollar [HKD] to Philippine Peso [PHP], or Convert Philippine Peso to Hong Kong Dollar.
How to Convert Hong Kong Dollar to Philippine Peso
1 HKD = 0.137855337771744 PHP
Example: convert 15 HKD to PHP:
15 HKD = 15 × 0.137855337771744 PHP = 2.06783006657617 PHP
Hong Kong Dollar to Philippine Peso Conversion Table
| Hong Kong Dollar | Philippine Peso |
|---|
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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.