The data are for reference only, subject to the transaction price at the bank counter.
65,438+00 yuan notes and coins are issued by the Hong Kong Monetary Authority, and 20 yuan and above Hong Kong dollar notes are issued by Bank of China, HSBC and Standard Chartered Bank. At present, the denominations of banknotes in circulation are 10 yuan, 20 yuan, 50 yuan, 1000 yuan, 500 yuan, 1000 yuan, and the denominations of coins are 1 0 yuan, 5 yuan, 2 yuan, 1 yuan, 5 cents, 2 cents and/kloc. 1 yuan = 10mm = 100m. In Hong Kong, "milli" means "jiao".
One: Hong Kong is the third largest financial center in the world after new york and London, which makes Hong Kong dollar one of the currencies with sound system and stable value. Although the history of issuing Hong Kong dollars is not long and the region is not large, its development is representative to some extent. 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.
It is worth noting that the patterns of all banknotes in Hong Kong 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. Moreover, in casinos in Macao, only Hong Kong dollars are accepted outside the Macao pataca. The first paper money in Hong Kong was issued by Credit Suisse Oriental on 1845, but it didn't really circulate universally for a long time. Until 1857, the Hong Kong government allowed payment by paper money, and many banks began to issue paper money one after another. By 1865, the banknotes issued by five banks have been recognized by the Hong Kong government, but the banknotes below 5 yuan cannot be issued unless specially licensed. The actual monetary unit of Hong Kong dollar is1935165438+10 month. After 1945, the currencies in circulation in Hong Kong are issued by HSBC, Standard Chartered Bank and Beneficial Bank, and those below 1 yuan are issued by the government.