This page calculates the value of AZUL SA SPONS ADS EACH REP 2 ORD tokenized stock (rAZUL) in Hong Kong Dollar (HKD). Exchange rates are based on real-time trading data from the rAZUL/USDT trading pair on the Bitget spot stock market.

rAZUL is a Bitget rToken issued by Reality and backed 1:1 by AZUL SA SPONS ADS EACH REP 2 ORD shares. This means you can buy rAZUL using crypto (such as USDT) without needing to open a U.S. stock account. Trading rAZUL on Bitget offers the same experience as trading crypto such as BTC.

rAZUL is a blockchain-based synthetic asset and an on-chain representation of the underlying stock. Holding this token does not constitute actual equity ownership in the underlying company and does not grant shareholder voting rights. However, holders are entitled to equivalent dividend distributions if the underlying stock pays dividends. Bitget converts the stock's dividend payouts into an equivalent amount of USDT and distributes it to token holders' Bitget accounts at a 1:1 ratio.

Risk warning: Trading financial derivatives such as tokenized stocks carries significant risk. Assess your risk tolerance and make informed decisions before investing.

1 AZUL SA SPONS ADS EACH REP 2 ORD (rAZUL) equals51.4 Hong Kong Dollar

Last updated as of 2026/10/16 20:28:23 (UTC+0)Refresh

From

rAZUL

HKD

Bitget converter provides rAZUL to HKD real-time exchange rates, making it easy to convert AZUL SA SPONS ADS EACH REP 2 ORD (rAZUL) to Hong Kong Dollar (HKD). The conversion result is based on real-time data. The conversion result shows that 1 rAZUL is currently valued at 51.4 HKD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.

rAZUL to HKD chart

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rAZUL/HKD: 1 rAZUL = 51.4 HKD. The price of converting 1 AZUL SA SPONS ADS EACH REP 2 ORD (rAZUL) to Hong Kong Dollar (HKD) is 51.4 HKD today.

In the past 1D, AZUL SA SPONS ADS EACH REP 2 ORD has changed -1.78% to HKD. Based on the trend and price charts, AZUL SA SPONS ADS EACH REP 2 ORD(rAZUL) has changed -1.78% to HKD while Hong Kong Dollar(HKD) has changed % to rAZUL in the last 24 hours.

Live rAZUL price

What is Bitget rToken?

Bitget rToken is a new batch of tokenized stocks launched by Bitget on its spot trading market. These are tokenized assets pegged 1:1 to real U.S. stocks, offering an improved option for users who need real-time trading and flexible allocation between U.S. stocks and crypto assets.

All Bitget rTokens are issued by Reality, Bitget's licensed RWA protocol, which partners with compliant broker Alpaca to connect directly to global liquidity pools such as Nasdaq and the NYSE. Each rToken is backed by real stock held in 1:1 custody at a licensed broker, supporting native U.S. stock liquidity.

Key features of Bitget rToken (rAZUL)

Asset attributeA tokenized stock pegged 1:1 to a real U.S. stock.

IssuerReality (Bitget's licensed RWA protocol).

DividendsDividends are automatically distributed to your account in USDT, with no manual action required.

Fractional shareSupports fractional share trading, starting from as low as 1 USDT.

Trading hoursSome rTokens offer native U.S. stock liquidity 24/5, while others support 24/7 trading.

How to buyCan be purchased directly with USDT, USDC, or BTC, with no conversion required.

Position usageCan be held as an investment position, and also used as combined margin for Bitget's unified trading account and USDT-M futures.

Asset security100% Proof of Reserves (verifiable at any time).Over $300 million user protection fund.

In short, rAZUL is a tokenized stock issued by licensed issuer Reality, pegged 1:1 to real AZUL SA SPONS ADS EACH REP 2 ORD stock. It supports 24/7 trading, fractional shares, and dividends, and can be used as margin for the platform's unified trading account and USDT-M futures.

How Bitget rToken (rAZUL) works

During U.S. market hours—including the regular session, pre-market, after-hours, and overnight sessions—spot orders for rAZUL are routed directly through a broker to the Nasdaq or NYSE order book. Once the trade is executed on the U.S. stock market, the execution result is reflected in the on-exchange spot order record. Any order you place for rAZUL while the U.S. market is open will also appear on the Nasdaq or NYSE order book. This means that during U.S. market hours, the trading price and liquidity of rAZUL are exactly the same as those of the underlying stock. Orders for rAZUL and their execution results are part of the U.S. stock market. There is no spread or so-called de-pegging, because rAZUL trades are executed directly on the U.S. stock market itself. The execution price you see for rAZUL is identical to the stock's price at that exact moment.

This makes rAZUL fundamentally different from traditional RWA tokens. The price of a traditional RWA asset is determined by on-chain liquidity and trading activity, whereas the price of rAZUL is directly equivalent to the stock price—it does not rely on any other mechanism to peg the asset's price. In terms of trading outcomes, trading rAZUL is no different from trading the stock directly.

Buy/sell rAZUL now

Convert between rAZUL and fiat currencies on Bitget

The Bitget price calculator provides real-time conversion rates from rAZUL to HKD and other currencies. Note that the calculator is only intended to calculate conversion values between rTokens and fiat currencies. Bitget does not support direct conversion between rTokens and fiat currencies, but you can convert between them indirectly on Bitget using USDT as an intermediary.

If you want to buy rAZUL with fiat currency, follow these steps:

1. Sign up for a free Bitget account and complete identity verification.

2. Buy USDT with fiat currency on the Bitget fiat market.

3. Find the rAZUL/USDT trading pair on the Bitget spot stock market to buy rAZUL with USDT.

If you want to convert rAZUL to fiat currency, follow these steps:

1. Log in to your Bitget account.

2. Find the rAZUL/USDT trading pair on the Bitget spot stock market to convert rAZUL to USDT.

3. After selling USDT on the Bitget fiat market, the fiat currency will be credited to your fiat account.

1 rAZUL is currently valued at 51.4 HKD, which means buying 5 rAZUL would cost 257.02 HKD. Similarly, HK$1 HKD can be converted to 0.01945 rAZUL, and HK$50 HKD can be converted to 0.09727 rAZUL, excluding any platform or gas fees.

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More offers Trade rAZUL/USDT

Buy rAZUL with USDT on the spot stock market, or convert rAZUL to USDT.

Pair

Type

Price

24h volume

Action

rAZUL/USDT

Spot

6.55

$144.27K

Trade

View the AZUL SA SPONS ADS EACH REP 2 ORD futures trading guide for more insights on AZUL SA SPONS ADS EACH REP 2 ORD futures and related data.

Convert rAZUL to HKD

Convert HKD to rAZUL

AZUL SA SPONS ADS EACH REP 2 ORD

Hong Kong Dollar

1 rAZUL

51.4 HKD

Exchange 1 rAZUL for 51.4 HKD

2 rAZUL

102.81 HKD

Exchange 2 rAZUL for 102.81 HKD

5 rAZUL

257.02 HKD

Exchange 5 rAZUL for 257.02 HKD

10 rAZUL

514.04 HKD

Exchange 10 rAZUL for 514.04 HKD

20 rAZUL

1,028.07 HKD

Exchange 20 rAZUL for 1,028.07 HKD

50 rAZUL

2,570.19 HKD

Exchange 50 rAZUL for 2,570.19 HKD

100 rAZUL

5,140.37 HKD

Exchange 100 rAZUL for 5,140.37 HKD

200 rAZUL

10,280.75 HKD

Exchange 200 rAZUL for 10,280.75 HKD

500 rAZUL

25,701.87 HKD

Exchange 500 rAZUL for 25,701.87 HKD

1000 rAZUL

51,403.75 HKD

Exchange 1000 rAZUL for 51,403.75 HKD

5000 rAZUL

257,018.73 HKD

Exchange 5000 rAZUL for 257,018.73 HKD

10000 rAZUL

514,037.45 HKD

Exchange 10000 rAZUL for 514,037.45 HKD

In the table above, you'll find a comprehensive rAZUL to HKD converter that shows the value of AZUL SA SPONS ADS EACH REP 2 ORD in Hong Kong Dollar across commonly used conversion amounts. The list covers conversions from 1 rAZUL to HKD, all the way up to 10000 rAZUL, providing a clear view of their respective values.

Hong Kong Dollar

AZUL SA SPONS ADS EACH REP 2 ORD

1 HKD

0.01945 rAZUL

Exchange 1 HKD for 0.01945 rAZUL

10 HKD

0.1945 rAZUL

Exchange 10 HKD for 0.1945 rAZUL

50 HKD

0.9727 rAZUL

Exchange 50 HKD for 0.9727 rAZUL

100 HKD

1.95 rAZUL

Exchange 100 HKD for 1.95 rAZUL

200 HKD

3.89 rAZUL

Exchange 200 HKD for 3.89 rAZUL

500 HKD

9.73 rAZUL

Exchange 500 HKD for 9.73 rAZUL

1000 HKD

19.45 rAZUL

Exchange 1000 HKD for 19.45 rAZUL

2000 HKD

38.91 rAZUL

Exchange 2000 HKD for 38.91 rAZUL

5000 HKD

97.27 rAZUL

Exchange 5000 HKD for 97.27 rAZUL

10000 HKD

194.54 rAZUL

Exchange 10000 HKD for 194.54 rAZUL

50000 HKD

972.69 rAZUL

Exchange 50000 HKD for 972.69 rAZUL

100000 HKD

1,945.38 rAZUL

Exchange 100000 HKD for 1,945.38 rAZUL

In the table above, you'll find a comprehensive HKD to rAZUL converter that shows the value of Hong Kong Dollar in AZUL SA SPONS ADS EACH REP 2 ORD across commonly used conversion amounts. The list covers conversions from 1 HKD to rAZUL, all the way up to 100000 HKD, providing a clear view of their respective values.

rAZUL to HKD Conversion tables

The exchange rate of AZUL SA SPONS ADS EACH REP 2 ORD is decreasing.

The exchange rate of 1 rAZUL to Hong Kong Dollar has changed by -8.88% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.78%, reaching a high of 52.35 HKD and a low of 51.4 HKD . One month ago, the value of 1 rAZUL was HK$57.51 HKD , which represents a -10.62% change from its current value. Over the last year, AZUL SA SPONS ADS EACH REP 2 ORD has changed by

-HK$

20.39HKD

, resulting in a change of -28.40% in its value.

24 hours ago1 month ago1 year ago

Amount	20:28 today	24 hours ago	24h change
0.5 rAZUL	HK$25.7	HK$26.17	-1.78%
1 rAZUL	HK$51.4	HK$52.33	-1.78%
5 rAZUL	HK$257.02	HK$261.67	-1.78%
10 rAZUL	HK$514.04	HK$523.34	-1.78%
50 rAZUL	HK$2,570.19	HK$2,616.69	-1.78%
100 rAZUL	HK$5,140.37	HK$5,233.37	-1.78%
500 rAZUL	HK$25,701.87	HK$26,166.86	-1.78%
1000 rAZUL	HK$51,403.75	HK$52,333.72	-1.78%

rAZUL to HKD FAQ

How much is 1 AZUL SA SPONS ADS EACH REP 2 ORD in HKD?

Right now, the price of 1 AZUL SA SPONS ADS EACH REP 2 ORD (rAZUL) in Hong Kong Dollar (HKD) is HK$51.4.

How much rAZUL can I buy for 1 HKD?

Based on the current exchange rate, you can get 0.01945 rAZUL for 1 HKD.

How do I calculate or convert rAZUL to HKD?

You can use our rAZUL to HKD calculator at the top of this page to convert any amount of rAZUL to HKD. We've also included quick-reference tables for the most popular conversions. For example, 5 HKD is equivalent to 0.09727 rAZUL, while 5 rAZUL will cost around 257.02HKD.

What is the highest price of rAZUL/HKD in history?

The all-time high price of 1 rAZUL in HKD is HK$86.33. It remains to be seen if the value of 1 rAZUL/HKD will exceed the current all-time high.

What is the price trend of AZUL SA SPONS ADS EACH REP 2 ORD in HKD?

Over the past 7 days, the exchange rate of AZUL SA SPONS ADS EACH REP 2 ORD (rAZUL) has gone down by 8.88%. Over the last month, the exchange rate of AZUL SA SPONS ADS EACH REP 2 ORD (rAZUL) has gone down by 10.62% against Hong Kong Dollar (HKD).

What factors influence the conversion rate of rAZUL to HKD?

There are many factors that affect the relationship between AZUL SA SPONS ADS EACH REP 2 ORD and Hong Kong Dollar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:

Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of rAZUL/HKD. When there is positive news in the market about the widespread adoption of rAZUL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of rAZUL/HKD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in rAZUL/HKD.

Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.

Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of rAZUL/HKD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.

Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.

Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of AZUL SA SPONS ADS EACH REP 2 ORD and adjust their investment strategies accordingly in the evolving market.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.