Today's KRW to HKD Price Update

Summary

This report provides the real-time exchange rate between the South Korean Won (KRW) and Hong Kong Dollar (HKD), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The South Korean Won (KRW) and Hong Kong Dollar (HKD) are both important fiat currencies in the Asia-Pacific region. The exchange rate between them reflects market dynamics influenced by regional economic conditions, monetary policies, and capital flows between South Korea and Hong Kong.

Today’s Price

• 1 KRW = 0.00529 HKD
• 24h High: 0.0053147 HKD
• 24h Low: 0.0052774 HKD

Market Analysis

The KRW/HKD currency pair currently exhibits slight volatility, with the exchange rate trading near recent levels. Technical analysis indicates multiple indicators are available for traders to assess market conditions, including Moving Averages, RSI, MACD, Stochastics, and Pivot Points.

• Technical levels: Multiple moving averages (5, 10, 20, 50, 100, and 200 periods) and pivot point levels (Standard, Fibonacci, Camarilla, Woodie’s, and Demark’s) are available for support and resistance identification
• 52-week range: The pair has traded between 0.0052 and 0.0058 HKD over the past year
• Risk note: Currency pairs can experience sudden volatility driven by economic data releases and policy announcements from both central banks

Conclusion

Continue to monitor the KRW/HKD pair closely, utilizing technical indicators and pivot point analysis to identify key support and resistance levels. Traders should remain alert to macroeconomic developments and monetary policy decisions from both the Bank of Korea and Hong Kong Monetary Authority that may influence this currency pair’s direction.