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Hong Kong's currency, the Hong Kong dollar (HKD), is pegged to the US dollar (USD) through a currency board system, maintaining a stable exchange rate. This system helps ensure economic stability and trade flows. When traveling to Hong Kong from Peso-denominated countries, converting Pesos to USD and then to HKD is common. The USD/HKD forex pair, often trading around a fixed rate, is crucial for international transactions and investments in Hong Kong.

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