The official Hong Kong money is the Hong Kong Dollar.
Notes come in denominations of:
Coins currently in circulation include:
The code for the Hong Kong dollar is HKD
The symbol for the Hong Kong dollar is HK $
The Hong Kong Dollar is currently pegged to the U.S. dollar at a rate of
It trades within a range of between HK$7.75 and HK$7.85. Exchange rates vary from day to day, but the fluctuations are small.
You can find the current exchange rates here, enter your home currency in the selection box provided:
When it comes to convenience and getting the most favourable rates for exchanging money in Hong Kong, we would try, in this particular order:
ATM machines or BankAutomats are everywhere in Hong Kong.
You will definitely find them at the airport and train stations, so you can get cash as soon as you land.
You will see the familiar networks like Visa, Master Card, Cirrus, EuroCard, Plus, etc. used by most international financial institutions.
Instructions will be available in English which makes it easy, and the process is exactly the same as at home.
The amount that can be withdrawn depends on the network and your own bank limit, normally about the equivalent of US $400 or HK$ 3,000.
Your local bank will normally levy a service charge, it can be a fixed minimum while some banks charge a percentage of the amount withdrawn.
It is worth inquiring at your bank since the service charges for us ranged between US$3 and US$8 per transaction. It did not make a difference which Hong Kong Bank ATM machine we used, they all charged the same and had the exact same rate, but rather the fees charged by our different banks back home that were different.
ATM machines in Hong Kong can be found throughout the city, at MTR stations, shopping centres, convenience stores, bank branches, Star Ferry piers, etc. you are never far from one.
Thank you for visiting www.hong-kong-traveller.com!
Here is to a wonderful Hong Kong travel experience!
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