Convert 58 Japanese Yen (JPY) to Hong Kong Dollar (HKD)
Exchange rates used for currency conversion updated on December 22nd 2024 ( 12/22/2024 )
Below you will find the latest exchange rates for exchanging Japanese Yen (JPY) to Hong Kong Dollar (HKD) , a table containing most common conversions and a chart with the pair's evolution.
The Japanese Yen (JPY) to Hong Kong Dollar (HKD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Japanese Yen and Hong Kong Dollar on 12/22/2024 is 1 JPY = 0.0497 HKD - AVERAGE intraday quotes were used for this currency conversion.
Under the monetary policy and issuance directives of the Bank of Japan the JPY, when measured by value, is the world's third largest reserve currency and fourth most traded currency in open currency markets. It is the official currency of Japan and has shown contrarian resilience against world markets initially in the 1980's and more recently in the 2008 world credit crisis as the Bank of Japan retains there command economic policies while refusing to engage in economic stimulus.
About Hong Kong Dollar (HKD)
The Hong Kong dollar (HKD) is the official currency of Hong Kong and used unofficially in Macau. The HKD is issued by the Hong Kong Monetary Authority in banknote values of $10, $20, $50, $100, $500, and $1,000. Minted Coin values of HKD are 10¢, 20¢, 50¢, $1, $2, $5, and $10. The $10 banknote is the only note at this time that is both printed on paper as well as Polymer.
In 2012 the Hong Kong Monetary Authority has said they are planning a complete re-issue of all HKD in circulation.
