Hong kong dollars

Xe Currency Converter, hong kong dollars. These are the highest points the exchange rate has been at in the last 30 and day periods. These are the lowest points the exchange rate has been at in the last 30 and day periods.

Your browser does not have JavaScript enabled. It is possible that the website is not working properly. The Hong Kong dollar is the currency of Hong Kong —China's special administrative region— since , when it was first minted by the British Empire. Although five years later it was removed from circulation, the old British colony would have its own currency reintroduced and it is its legal tender today. It is divided into cents.

Hong kong dollars

It is subdivided into cents or mils. Three commercial banks are licensed by the Hong Kong Monetary Authority to issue their own banknotes for general circulation in Hong Kong. As of April , [update] the Hong Kong dollar was the ninth- most traded currency in the world. It is pegged at 1 Hong Kong dollar to 1. When Hong Kong was established as a free trading port in , there was no local currency in everyday circulation. Foreign currencies such as Indian rupees , Spanish or Mexican 8 reales , and Chinese cash coins circulated. By , the British government gave up all attempts to influence the currency situation in Canada, and by the s it came to the same realisation in Hong Kong: that there was no point in trying to displace an already existing currency system. In , the Royal Mint in London began issuing special subsidiary coinage for use in Hong Kong within the dollar system, though other national currencies circulated unofficially for years afterwards. The machinery at the Hong Kong mint was sold first to Jardine Matheson and in turn to the Japanese and used to make the first Yen coins in In the s, banknotes of the new British colonial banks, the Hong Kong and Shanghai Banking Corporation and the Chartered Bank of India, Australia and China , denominated in dollars, also began to circulate in both Hong Kong and the wider region. In , the international silver crisis resulted in a devaluation of silver against gold-based currencies. Since the silver dollars in the US and Canada were attached to a gold exchange standard, this meant that the silver dollars circulating along the China coast dropped in value as compared to the U.

Commemorative banknotes have also been issued celebrating the note-issuing banks' anniversaries as well as the Olympic Games held in Beijing in and Indonesian rupiah. Retrieved 28 May

Xe Currency Converter. These are the highest points the exchange rate has been at in the last 30 and day periods. These are the lowest points the exchange rate has been at in the last 30 and day periods. These are the average exchange rates of these two currencies for the last 30 and 90 days. These percentages show how much the exchange rate has fluctuated over the last 30 and day periods.

It's all here Using money in HK is easy for foreigners : Travelers generally find that their cards are accepted widely and that transactions and ATM withdrawals are easy. It is easy to exchange money at good rates at some currency exchanges. For Americans and citizens of some other countries, handling Hong Kong paper cash is more familiar since the denomination values are about the same as in the US. However, the cash is colorful unlike the American cash.

Hong kong dollars

Hong Kong Dollar Exchange Rates. Australian Dollar. British Pound. Canadian Dollar. Chinese Yuan. Japanese Yen. Malaysian Ringgit. New Taiwan Dollar.

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In , the first private bank, the Oriental Bank , was founded. Xe Rate Alerts. Xe Currency Charts. The government took over production of 1 dollar notes. The report also recommended the Hong Kong Government only to take over the burden of note issuance when the banks failed to do so. Send money online fast, secure and easy. No, prepare for having trouble trying to use high banknote denominations abroad. The design and colour vary depending of the denomination. The dollars from British trade started to be officially used in Hong Kong. The latest series of banknotes was issued starting in Check live rates, send money securely, set rate alerts, receive notifications and more. Create a chart for any currency pair in the world to see their currency history. Login to view send rates. Xe Currency Charts. Economy of Hong Kong.

It is subdivided into cents or mils.

Linden dollar Project Entropia Dollar. Expenses Order your foreign currency online, you will get bigger discounts the higher the amount you exchange. As Japan occupied Hong Kong during the Second World War the Japanese yen was imposed as the official currency, but after the war this currency was banned and the Hong Kong dollar was brought back to be later linked to American dollar in It is pegged at 1 Hong Kong dollar to 1. Login to view send rates. List of power stations in Hong Kong. Hong Kong Monetary Authority. View charts. Norwegian krone. Average These are the average exchange rates of these two currencies for the last 30 and 90 days.