Hong kong dollars

It is subdivided into cents or mils. Three commercial banks are licensed hong kong dollars the Hong Kong Monetary Authority to issue their own banknotes for general circulation in Hong Kong. As of Aprilhong kong dollars, [update] the Hong Kong dollar was the ninth- most traded currency in the world. It is pegged at 1 Hong Kong dollar to 1.

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. Send money online fast, secure and easy. Create a chart for any currency pair in the world to see their currency history.

Hong kong dollars

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. As Hong Kong was a British colony from to and British overseas territory from to , the United Kingdom tried to implement a system based on the pound. The plan did not work as the people of Hong Kong were reluctant to use it. The process started in and was interrupted 5 years later because the Chinese did not like the coins which resembled the Mexican and Spanish ones, used for 50 years prior to this period. In the international silver crisis resulted in a devaluation of the Hong Kong dollar as it was attached to the "gold standard" of the US dollar. Following this depreciation and as a great number of Mexican and Spanish coins were still in circulation, the British Government took part, partly under the pressure of Hong Kong authorities. The dollars from British trade started to be officially used in Hong Kong. In several territories belonging to the British Empire started to issue their own currencies. In silver dollars started to flow out of Hong Kong and China. 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

Online orders also get better rates than at the airport The bank sets its own margin plus a commission. The 1-mil and 1-cent were struck in bronze, with the 1 hong kong dollars a holed coin.

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 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.

Hong kong dollars

Review historical currency rates. With this convenient tool you can review market history and analyse rate trends for any currency pair. All charts are interactive, use mid-market rates, and are available for up to a year time period. To see a currency chart, select your two currencies, choose a time frame, and click to view. Send money online fast, secure and easy. Create a chart for any currency pair in the world to see their currency history. These currency charts use live mid-market rates, are easy to use, and are very reliable. Need to know when a currency hits a specific rate? The Xe Rate Alerts will let you know when the rate you need is triggered on your selected currency pairs. Check live rates, send money securely, set rate alerts, receive notifications and more.

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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. Xe International Money Transfer. As a colony of the British Empire, Hong Kong was obliged to observe the sterling area regulations. The 1-mil and 1-cent were struck in bronze, with the 1 mil a holed coin. Tools Tools. These notes were not accepted by the Treasury for payment of government dues and taxes , although they were accepted for use by merchants. On 6 September , all military yen notes used in Japanese colonies were declared void by the Japanese Ministry of Finance. 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. The discussion about switching from the silver standard to the gold standard began as early as On 17 October , Hong Kong dollar was officially pegged to the U.

Hong Kong Dollar Exchange Rates. Australian Dollar.

The 5-cent coin was last issued in , but last struck in Hong Kong dollar has a fixed exchange rate to American dollar of 7. It is possible that the website is not working properly. These notes were not accepted by the Treasury for payment of government dues and taxes , although they were accepted for use by merchants. These are the highest points the exchange rate has been at in the last 30 and day periods. Retrieved 28 May Archived PDF from the original on 30 October The Initium Media. Archived from the original on 24 April Send money online fast, secure and easy. When Hong Kong was established as a free trading port in , there was no local currency in everyday circulation. More US Dollar info. Send money.