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Currency

THE HONG KONG DOLLAR

The legal tender in Hong Kong is the Hong Kong dollar (HKD), which is pegged to the US dollar at a rate of about 7.80 HKD to 1 USD, although exchange rates may fluctuate slightly. While coins are issued by the Government, interestingly, the issue of Hong Kong banknotes are shared between three commercial banks: HSBC, Standard Chartered Bank and Bank of China. These notes vary in design and colour according to denomination. Find more on Hong Kong's coins and banknotes here.

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Bank Notes
$10green or purple (the purple note is issued by the Government)
$20dark blue or light blue (old or new)
$50purple or green (old or new)
$100red
$500brown
$1000yellow
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Changing Money

You can exchange your currency for Hong Kong dollars at any authorised money exchanger. For extra peace of mind, look for a money exchanger that is accredited by the Quality Tourism Services (QTS) Scheme. At Hong Kong International Airport, currency exchange counters are open from early morning until late at night and many located within the city stay open into the evening. ATMs are widespread and operate 24 hours. Exchange rates fluctuate daily depending on currency markets.

Currency converter by Google: www.google.com/finance/converter

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Coins
10cin bronze, circular, small
20cin bronze, circular with wavy edges, small
50cin bronze, circular, medium
$1in silver, circular, thin, large
$2in silver, circular with wavy edges, thin, large
$5in silver, circular, thick, large
$10in bronze and silver, circular, medium
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Traveller's cheques and credit cards

Traveller's cheques are accepted by most leading banks and hotels. International credit cards such as American Express, VISA, Diners Club and MasterCard are also welcome at many hotels, retail shops and restaurants. Such premises usually display stickers showing the credit cards they accept at their entrances.

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ATM

ATMs can be found almost everywhere. Many take international cards and some HSBC 'Electronic Money' machines provide 24-hour cash withdrawal (HK$) facilities for Visa and MasterCard holders.