Today's HKD to NPR Price Update

Summary

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

Definition

The Hong Kong Dollar (HKD) is a major fiat currency pegged to the U.S. Dollar, while the Nepalese Rupee (NPR) serves as the national currency of Nepal. The exchange rate between them reflects market sentiment regarding currency valuation and cross-border trading dynamics in the Asia-Pacific region.

Today’s Price

• 1 HKD = 18.62 NPR
• 24h High: 18.6221 NPR
• 24h Low: 18.5707 NPR

Market Analysis

Recent HKD/NPR price movement shows a relatively stable trading range, with the pair demonstrating limited volatility over the 24-hour period.

• Technical indicators: The 14-day Relative Strength Index (RSI) stands at 17.742, suggesting the pair is in oversold territory, which may indicate potential upside recovery opportunities
• Price performance: Over the last 90 days, the pair traded between a high of 18.8720 and a low of 18.3467, indicating moderate consolidation
• Risk note: Short-term volatility remains contained; traders should monitor support levels for potential reversals

Conclusion

Continue monitoring the HKD/NPR pair closely, paying attention to technical oversold conditions that may present contrarian trading opportunities. Integrate real-time price action with broader market sentiment for optimal trade execution.