Hong Kong dollar

Who / What

The Hong Kong dollar (Chinese: 港元, sign: HK$; code: HKD) is the official currency of Hong Kong. It is divided into 100 cents (and historically into 1000 mils).

Background & History

The Hong Kong dollar became the region’s official currency, taking over previous monetary arrangements. Its symbol, HK$, and international code, HKD, reflect its integration into global finance. The currency is split into 100 cents, a traditional unit of account, while earlier systems also used 1000 mils. Key milestones in its evolution are marked by its adoption as Hong Kong’s legal tender.

Why Notable

As Hong Kong’s standard medium of exchange, the currency underpins the territory’s vibrant economy and financial services sector. Its stability and widespread use make it a staple in both local and international markets. The Hong Kong dollar’s clear denomination structure facilitates trade and pricing across the region.

In the News

No recent developments regarding the Hong Kong dollar are provided in the supplied information.

Key Facts

**Type:** organization

**Also known as:** HK$ (symbol), HKD (ISO code)

**Founded / Born:** *(not specified)*

**Key dates:** *(not specified)*

**Geography:** Hong Kong (region, city)

**Affiliation:** *(not specified)*

Links

[Wikipedia](https://en.wikipedia.org/wiki/Hong_Kong_dollar)

Sources

• 🔗 Wikipedia

The Hong Kong dollar (Chinese: 港元, sign: HK$; code: HKD) is the official currency of Hong Kong. It is divided into 100 cents. Historically, it was also divided into 1000 mils.