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HKD HKD INR INR Rate as of2026-05-16

HKD to INR Converter.

Current rate

1 HKD = 11.3 INR as of 2026-05-16. Important for the Indian diaspora in Hong Kong (~40,000 strong, heavily in finance and trading), Indian businesses with Hong Kong holding companies (popular for India-China trade, electronics import, and gem trade), and Indian students at HKUST/HKU/CUHK. HKD is USD-pegged (7.75-7.85 band managed by HKMA), so HKD-INR essentially tracks USD-INR ÷ 7.8.

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HKDINR Converter

HK$
🇭🇰 HK$1.00 = 🇮🇳
₹11.30
Rate: 1 HKD = 11.3000 INR
Common conversions
🇭🇰 HKD🇮🇳 INR
HK$1.00₹11.30
HK$10.00₹113.00
HK$100.00₹1,130.00
HK$500.00₹5,650.00
HK$1,000.00₹11,300.00
HK$5,000.00₹56,500.00
HK$10,000.00₹113,000.00
HK$50,000.00₹565,000.00
HK$100,000.00₹1,130,000.00
✨ Mid-market rate · 2026-05-16 · Real-world transfer rates may differ 0.5-3% depending on provider · Not financial advice
📈 Trend

HKD trend over time.

Today
11.3
1 HKD = INR
1 year ago
10.75
↑ 5.1% in 12 months
5 years ago
9.6
↑ 17.7% in 5 years
❓ FAQ

HKD to INR FAQ.

Why is HKD pegged to USD?
Hong Kong has run a USD peg via the Linked Exchange Rate System since 1983. The HKMA maintains the peg by buying/selling HKD against USD whenever the rate threatens the 7.75-7.85 band. This requires Hong Kong to import US monetary policy — when the Fed hikes rates, HKD rates follow automatically. The peg has held through 2018-2019 protests, 2020 COVID, and 2024-2025 geopolitical tensions.
Best way to send HKD to INR for diaspora remittance?
For amounts under HK$50K: Wise and Instarem offer near-mid-market rates with 1-2 day delivery to Indian bank accounts. For larger amounts (HK$100K+): HSBC HK and Standard Chartered HK private banking FX desks offer better corporate-tier rates. Indian NRO/NRE account funding from HK can also use ICICI Money2India HK corridor — slightly worse rates than Wise but more flexibility for property purchase / FCNR fixed deposits.
Hong Kong holding company for India trade — HKD-INR implications?
Many India-Hong Kong-China trade flows route through HK holding companies to leverage tax treaty benefits and easier KYC for China supplier payments. For Indian importers settling in HKD: the USD-peg means effectively pricing in USD. HKD-INR fluctuation tracks USD-INR exactly. Tax-wise, the India-HK Double Taxation Avoidance Agreement (in force since 2018) provides withholding-tax relief for dividends and interest.