Today's HKD to PHP Price Update

Summary

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

Definition

The Hong Kong Dollar (HKD) is the official currency of Hong Kong, managed by the Hong Kong Monetary Authority and operating under a linked exchange rate system. The Philippine Peso (PHP) is the official currency of the Philippines. The exchange rate between them reflects market sentiment regarding the relative economic conditions and monetary policies of both regions.

Today’s Price

• 1 HKD = 7.57 PHP
• 24h High: 7.5694 PHP
• 24h Low: 7.5244 PHP

Market Analysis

The HKD/PHP pair is currently trading in a relatively tight range, with recent price action showing minimal volatility within a 0.045 PHP band over the 24-hour period.

• Technical indicator: The 14-day Relative Strength Index (RSI) stands at 52.973, indicating a Neutral sentiment with no strong directional bias
• Medium-term outlook: Market forecasts suggest HKD/PHP could reach approximately 7.89 PHP by the end of 2026 (+4.22% from current levels)
• Trading observation: Current price action remains balanced between support near 7.5244 PHP and resistance near 7.5694 PHP

Conclusion

Continue to monitor the HKD/PHP pair closely for potential breakouts from the current neutral zone. Traders should watch for technical confirmation above 7.57 PHP or below 7.52 PHP to establish clear directional bias. The neutral RSI reading suggests patience may be warranted until stronger momentum develops.