The hive price is hovering around $1.07 presently and the hive pegged dollars (HBD) is trading at $0.96 and so for example if you have 10 hive pegged dollars (HBD) at the moment then you can convert it to hive and you will receive up to 9Hive in return.
Some weeks ago when the hive was trading at around $3 , if you want to convert that same 10HBD to hive it means you will receive around 3Hive , so currently converting HBD to hive at the current market price is a better deal compared to the conversion some weeks ago.
So if you have some HBDs available on your wallet then you can save it and get some returns on it via the HBD savings but if you do not want to save it then just convert the HBD to hive at its current price then when the hive price goes up you will make cool profits by the time you convert it back to HBD..