Symbol of the dollar: the dollar. The issuance of dollars is controlled by the Federal Reserve system. Starting from 19 13, the United States established the federal reserve system and issued federal reserve bonds. More than 99% of the banknotes in circulation are federal reserve notes.

The symbol of Hong Kong dollar is Hong Kong dollar. 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 earliest banknotes in Hong Kong were issued by Credit Suisse Orient at 1845.

Before 1935 the government passed the monetary regulations, many banks issued paper money, but these paper money were mainly used for commercial transactions. The government only accepts banknotes from some chartered banks as legal tender.

After 1935, the government authorized HSBC, Beneficial Bank, Credit Suisse Bank of China, Xinjinshan, and India to issue banknotes above 5 yuan. Hong Kong dollar banknotes with a face value of one yuan or less are issued by the Hong Kong Government.

1975 After the Hong Kong government issued five-dollar coins, five-dollar notes ceased to be issued. /kloc-in the 1990s, the government issued ten-dollar coins, and later banks stopped issuing ten-dollar bills. Later, the Bank of China became one of the note-issuing banks in Hong Kong. In 2002, the government again issued 10 yuan banknotes by the Monetary Authority.

Before 1995, the government issued one-cent paper money for easy exchange and payment of public service fees. These banknotes will no longer be accepted as legal tender after 1995 10 10/.

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