HK$/RMB (RMB/HK$)
65438+20081October: 0.9287( 1.0768)
February 2008: 0.9 1842( 1.0888)
March 2008: 0.90926( 1.0998)
April 2008: 0.89853 (1.1129)
May 2008: 0.89399 (1.1186)
June 2008: 0.88342( 1. 132)
July 2008: 0.87662( 1. 1407)
August 2008: 0.87749( 1. 1396)
September 2008: 0.87673( 1. 1406)
June 2008 65438+1October: 0.88044( 1. 1358)
2008165438+1October: 0.88096 (1.1351)
February 2008: 0.88283( 1. 1327)
1. What is the Hong Kong dollar?
The Hong Kong dollar or HKD is the legal tender of the People's Republic of China (PRC) (China) Special Administrative Region. According to the Basic Law of the Hong Kong Special Administrative Region, the legislative autonomy of the Hong Kong Special Administrative Region includes the right to issue its own currency. Its official ISO 42 17 abbreviation is HKD (Hong Kong dollars); The sign is Hong Kong dollars. 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". 20 18 on July 24th, the Hong Kong Monetary Authority and three Hong Kong note-issuing banks, namely Bank of China, HSBC and Standard Chartered Bank, announced the launch of a new version of the 20 18 series of Hong Kong dollar banknotes. 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.
2. What is the issue history of Hong Kong dollars?
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 some banknotes as legal tender. After 1935, the government authorized HSBC, beneficiary banks (later acquired by HSBC) and Credit Suisse Bank China (later renamed Standard Chartered Bank) to issue HK$ 5 yuan and above. 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 a penny note to facilitate the change and use it as a penny to pay public service bills. These banknotes will no longer be accepted as legal tender after 1995 10 10/. 65,438+00 yuan banknotes are issued by the Hong Kong Monetary Authority, and 20 yuan and above Hong Kong dollar banknotes are issued by Bank of China, HSBC and Standard Chartered Bank. The denominations of currency notes are 10 yuan, 20 yuan, 50 yuan, 100 yuan, 500 yuan and 1000 yuan.