HKD and Hong Kong dollars both represent Hong Kong dollars. HKD is the abbreviation of Hong Kong dollar, and Hong Kong dollar is the symbol of Hong Kong dollar. The d and $ after the two have no special meaning, but are only specific symbols used to distinguish the Hong Kong dollar name from the Hong Kong dollar logo.
Hong Kong dollar or Hong Kong dollar is the legal tender of Hong Kong. According to the Basic Law of Hong Kong and the Sino-British Joint Declaration, Hong Kong's autonomy includes the right to issue its own currency. Its official ISO42 17 abbreviation is HKD；; ; The sign is Hong Kong dollars.
The Hong Kong Monetary Authority, Standard Chartered Bank (Hong Kong) Limited, The Hongkong and Shanghai Banking Corporation Limited and the Bank of China (Hong Kong) Limited announced on July 20th that they would launch a new series of 20 10 banknotes. Hong Kong has established a linked exchange rate system linking the issuance of Hong Kong dollars to the US dollar. The US dollars held by the Exchange Fund provide support for the stability of Hong Kong dollar banknotes.
Extended data:
The vast majority of Hong Kong dollar banknotes are issued by three note-issuing banks under the supervision of the Hong Kong Monetary Authority. The three note-issuing banks include HSBC, Standard Chartered Bank and Bank of China, and the new purple ten-dollar note is issued by the Hong Kong Monetary Authority. Coins are issued by the monetary authorities.
Since 1983, Hong Kong has established a linked exchange rate system linking the issuance of Hong Kong dollars to the US dollar. When issuing any amount of Hong Kong dollars, note-issuing banks must pay US dollars to HKMA at the exchange rate of HK$ 7.80 to US$ 65,438 +0, and record them in the account of the Exchange Fund before printing money. In this way, the US dollars held by the Exchange Fund provide support for the stability of Hong Kong dollar banknotes.
All designs of Hong Kong banknotes are copyrighted. Therefore, without the permission of the copyright owner, no one is allowed to copy the pattern of paper money at will. Over the years, several institutions in Hong Kong have been sentenced to pay huge fines for using them in advertisements without the approval of banks that hold the copyright of banknotes.
Although Hong Kong dollars have legal status only in Hong Kong, they can also be used in many places in Chinese mainland and Macao Special Administrative Regions. In addition, in Macau's casinos, the Hong Kong dollar is the only accepted currency except the Macao pataca.
Baidu Encyclopedia-HKD