Local Currency in Hong Kong | ExpatWoman.com
 

Local Currency in Hong Kong

The local currency; Hong Kong has one legal currency, the Hong Kong Dollar, abbreviated to HKD.

Posted on

18 March 2014

Last updated on 28 June 2017
Local Currency in Hong Kong

Hong Kong has one legal currency, the Hong Kong Dollar, abbreviated to HKD. Hong Kong and Macau share the currency due to their close geographical proximity, which is great for those who travel from one country to the other regularly. The currency is pegged to the US Dollar at a rate of 7.80 HKD to 1 USD.

Currency


Exchange rates are known to fluctuate daily so if you want to exchange money make sure that you are aware of the rate. Currency can be exchanged at any authorized money exchange. For peace of mind, look for the Quality Tourism Services (QTS) accreditation. Credit cards are accepted at most mayor hotels and restaurants; these establishments usually have a sticker displaying the type of credit card accepted. In this day and age most banks are linked and international ATMs are available almost everywhere in Hong Kong.

Banknotes

$10 - green or purple (the purple note is issued by the Government)
$20 - dark blue or light blue (old or new)
$50 - purple or green (old or new)
$100 - red
$500 - brown
$1,000 - yellow

Coins

10c - in bronze, circular, small
20c - in bronze, circular with wavy edges, small
50c - in bronze, circular, medium
$1 - in silver, circular, thin, large
$2 - in silver, circular with wavy edges, large
$5 - in silver, circular, thick, large
$10 - in bronze and silver, circular, medium