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Hong Kong is a vibrant and diverse city. With its unique blend of Chinese and Western culture, Hong Kong offers a fascinating cultural experience. From its historic temples to its modern architecture, the city is a testament to the past, present, and future. Whether you're interested in food, culture, shopping, or simply exploring new places, Hong Kong is a destination that should be on your bucket list.
If you’re planning a trip to Hong Kong then you will need Hong Kong Dollar (HKD) to make payments for your daily expenses.
The currency of Hong Kong is the Hong Kong dollar (HKD) which is commonly abbreviated as "HKD" or "HK$" to distinguish it from other dollar-denominated currencies.
The HKD has been pegged to the US dollar since 1983.
It is the 13th most traded currency in the world and is traded heavily in Hong Kong and across Asia.
It is widely accepted in Macau, another special administrative region of China. In fact, the currency of Macau, the Macanese pataca, is pegged to the HKD.
The Hong Kong Monetary Authority (HKMA) is responsible for the issuance of Hong Kong dollar banknotes and coins.
However, unlike most other countries, the HKMA does not issue the banknotes and coins directly. Instead, it authorizes three commercial banks to issue banknotes on its behalf.
These banks are the Hong Kong and Shanghai Banking Corporation (HSBC), Standard Chartered Bank, and Bank of China. Each of these banks has its own designs for the banknotes it issues, but they are all legal tender in Hong Kong.
The Hong Kong dollar (HKD) is available in both banknotes and coins. Here are the denominations for each:
Banknotes: HKD 10, HKD 20, HKD 50, HKD 100, HKD 500, HKD 1,000
Coins: HKD 10, HKD 5, HKD 2, HKD 1, 50 cents, 20 cents
The banknotes feature various designs, including notable people and landmarks in Hong Kong, while the coins feature different designs on the reverse side, such as the bauhinia flower and various animals.
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travelers going to all countries other than (a) (b) and (c) below are allowed to purchase foreign currency notes / coins only up to USD 3000 per visit. Balance amount can be carried in the form of store value cards.
Exceptions to this are:Travelling to Hong Kong? Find answers to all your questions related to Hong Kong Dollar (HKD) .
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