Hong Kong Dollar

Hong Kong Dollar

Hong Kong Dollar overview

The Hong Kong dollar (Chinese: 港幣; Cantonese Yale: Góng bàih; sign: HK$; code: HKD) is the official currency of Hong Kong. It is subdivided into 100 cents. The Hong Kong Monetary Authority is the governmental currency board and also the de facto central bank for Hong Kong and the Hong Kong dollar. Under the licence 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 the other 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 2016, the Hong Kong dollar is the thirteenth most traded currency in the world. Apart from its use in Hong Kong, the Hong Kong dollar is also used in neighbouring Macau, where the Hong Kong dollar circulates alongside the Macau pataca.

1 HKD to USD exchange rates chart

HKD to  exchange rates chart

Hong Kong Dollar news

Global stocks give up chunk of US-China trade truce gains

Global stock markets gave up Tuesday many of the gains they recorded in the previous session when a 90-day trade tariff truce between the U.S. and China shored up investor sentiment.

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Gold prices range-bound ahead of Trump-Xi meet at G-20 summit
Gold prices range-bound ahead of Trump-Xi meet at G-20 summit

Donald Trump and Chinese leader Xi Jinping are expected to discuss trade on the sidelines of the G-20 summit in Argentina on Saturday, where global trade tensions are expected to dominate the agenda.

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Foreign exchange rates
Foreign exchange rates

OTTAWA — These are indicative wholesale rates for foreign currency provided by the Bank of Canada on Friday. Quotations in Canadian funds.Australia dollar 0.9712Brazil real 0.3442China renminbi 0.1912Euro 1.5068Hong Kong dollar 0.17India rupee 0.0191Indonesia rupiah 0.000093Japan yen 0.

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HKD currency converter