Currency of Hong Kong

Hong Kong is part of the People's Republic of China, but has a special status. This is expressed in its own currency and the individual rules for obtaining a visa for a visit. Going to Hong Kong , you should know what currency you need to take with you, so that it's easier to pay, and where you can exchange it for a national one.

National currency of Hong Kong

The own currency of this administrative district is the Hong Kong dollar, abbreviated as HKD or HK $. Its value directly depends on the American monetary unit ($ 1 = 10 HK $). That's why you can fly to Hong Kong either with dollars or with the euro, as they are easy to exchange for Hong Kong currency.

The Hong Kong dollar is issued in denominations of 10, 20, 50, 100, 500 and 1000 HK $ and coins of 1, 2, 5, 10 HK $ and 10, 20, 50 cents. A tourist who first came to Hong Kong, you should know that due to the fact that three national banks issue their national currency immediately and old banknotes are not withdrawn from circulation after the release of new ones, several versions of money of the same denomination go simultaneously. They differ among themselves by drawings, size and even material (there are paper and plastic).

Currency Exchange in Hong Kong

It is most profitable to exchange any currency for Hong Kong dollars in bank branches. Also, it can be done at the exchange offices of the airport, railway station, shopping centers or hotels. But more often for this operation it is necessary to pay the commission at a rate of 50 HK $.

If you want, you can pay in stores with plastic cards and traveler's checks. This is beneficial to the owners of VISA, MasterCard, American Express cards, since they will not be charged commission.

Export the national dollar outside the territorial district of Hong Kong is prohibited, while there is no restriction on the importation of foreign currency.