USD to HKD in August 2026: high, low, average
Updated September 26, 2026
The Hong Kong dollar spent August 2026 exactly where its system is designed to keep it. The US dollar averaged 7.8426 Hong Kong dollars over 21 ECB-based cross rates, and the entire month fitted into a range of 0.13%, between 7.8368 on August 24 and 7.8473 on August 14.
How the peg works
For decades the Hong Kong dollar has been linked to the US dollar. The Hong Kong Monetary Authority promises to buy or sell Hong Kong dollars at the edges of a narrow band, which keeps USD/HKD inside it. Inside the band the rate floats with supply and demand, driven mainly by interest rate differences between Hong Kong and the United States.
For anyone paying or receiving money between the two currencies, the result is a rate that barely changes. The largest daily move in August was 0.05%, a fall on August 24.
The numbers for August
- Average: 7.8426
- Low: 7.8368 on August 24
- High: 7.8473 on August 14
- First fixing: 7.8426, the same as the monthly average
- Last fixing: 7.8379
- Change over the month: down 0.06%
The dollar crept up during the first half of the month, fixing after fixing, to the high on August 14. In the second half it eased, touching the low on August 24, and the last week stayed close to 7.838.
Daily USD/HKD fixings
| Date | HKD per 1 USD | Versus previous fixing |
|---|---|---|
| August 3 | 7.8426 | down |
| August 4 | 7.8433 | up |
| August 5 | 7.8431 | unchanged |
| August 6 | 7.8446 | up |
| August 7 | 7.8449 | unchanged |
| August 10 | 7.8453 | up |
| August 11 | 7.8463 | up |
| August 12 | 7.847 | up |
| August 13 | 7.8469 | unchanged |
| August 14 | 7.8473 | up |
| August 17 | 7.8453 | down |
| August 18 | 7.8437 | down |
| August 19 | 7.8416 | down |
| August 20 | 7.8438 | up |
| August 21 | 7.8405 | down |
| August 24 | 7.8368 | down |
| August 25 | 7.838 | up |
| August 26 | 7.8381 | unchanged |
| August 27 | 7.8387 | up |
| August 28 | 7.8396 | up |
| August 31 | 7.8379 | down |
Compared with July and a year earlier
The August average was 0.02% above July (7.8411) and 0.2% above August 2025 (7.8267). These are tiny moves, typical for a pegged pair.
Why check the rate at all
With such a stable rate, it is tempting to use one fixed number forever. There are good reasons to use the actual figures:
Accounting. Companies reporting in US dollars with Hong Kong operations still need the correct rate for the period. For August 2026, the average of 7.8426 and the closing rate of 7.8379 serve that purpose.
Comparing providers. Banks and money changers in Hong Kong and abroad add a spread. When the underlying rate moves so little, almost all the difference between two quotes is the provider's margin.
Converting through the euro. Many travellers from Europe buy Hong Kong dollars with euros. That rate moves as much as EUR/USD does, because the Hong Kong dollar follows the US dollar.
At the August average, one Hong Kong dollar was worth 0.12751 US dollars.
Where the rate comes from
The ECB publishes both the US dollar and the Hong Kong dollar against the euro. Dividing the two fixings for the same day gives USD/HKD. The figures agree closely with market rates in Hong Kong, since both currencies move together against the euro.
What to do
- Look up a specific day on USD/HKD daily rates in August 2026.
- Check the upper edge of the month on USD/HKD on the high day of the month.
- For month-end bookkeeping, take the closing rate of 7.8379 or the average of 7.8426, following your accounting policy.
- See the full year on USD/HKD in 2026 and the current level on USD to HKD exchange rate today.
- Use the 100 USD to HKD converter for quick sums.
Questions and answers
What was the average USD to HKD rate in August 2026?
The US dollar averaged 7.8426 Hong Kong dollars across 21 ECB-based cross rates in August 2026.
Why does USD/HKD move so little?
The Hong Kong dollar is linked to the US dollar within a narrow band managed by the Hong Kong Monetary Authority. In August 2026 the rate stayed between 7.8368 and 7.8473.
What was the USD/HKD rate at the end of August 2026?
The last fixing, on August 31, 2026, was 7.8379 Hong Kong dollars per US dollar.