Hong Kong Dollar Wiki
The Hong Kong dollar (Chinese: 港元, sign: HK$; code: HKD) is the official currency of the Hong Kong Special Administrative Region of the People's Republic of China. It is subdivided into 100 cents or 1000 mils. The Hong Kong Monetary Authority is the monetary authority of Hong Kong and the Hong Kong dollar. Under the license from the Hong Kong Monetary Authority, three commercial banks are licensed to issue their own banknotes for general circulation in Hong Kong. The three commercial banks, HSBC, Bank of China and Standard Chartered, issue their own designs of banknotes in denominations of HK$20, HK$50, HK$100, HK$500 and HK$1000, with all designs being similar to one another in the same denomination of banknote. However, the HK$10 banknote and all coins are issued by the Government of Hong Kong. As of April 2019, the Hong Kong dollar is the ninth most traded currency in the world. Hong Kong uses a linked exchange rate system, trading since May 2005 in the range US$1:HK$7.75–7.85. Apart from its use in Hong Kong, the Hong Kong dollar is also used in neighbouring Macau. It is pegged at 1 Hong Kong dollar to 1.03 Macanese patacas, and is generally accepted at par or MOP 1.00 for retail purchases. With currencyconverts.com you can convert Hong Kong Dollar (HK$) to any other foreign currency. To convert a certain amount of Hong Kong Dollar use currency converter. This page provides a free online information about currency conversion or exchange rates for world fiat currencies. Exchange rates for Hong Kong Dollar is calculated from mid-market real price and updates daily. Usually people search for HKD exchange rate before business travel to Hong Kong, or during trip to other countries and want to check rate of Hong Kong Dollar in local money. On this page you can convert Hong Kong Dollar to main foreign currencies, get fast access to most used amounts of HKD or aether calculate any amount of Hong Kong Dollar in other fiat money.