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HKD
The Hong Kong dollar (, sign: HK$; code: HKD) is the official currency of the Hong Kong Special Administrative Region. It is subdivided into 100 cents or 1000 mils. The Hong Kong Monetary Authority is the monetary authority of Hong Kong and the Hong Kong dollar. Three commercial banks are licensed by the Hong Kong Monetary Authority to issue their own banknotes for general circulation in Hong Kong. These banks, HSBC, Bank of China, and Standard Chartered, issue their own designs of banknotes in denominations of HK$20, HK$50, HK$100, HK$150, HK$500, and HK$1000, with all designs being similar to one another in the same denomination of banknote. However, the HK$10 banknote and all coins are issued by the Government of Hong Kong. As of April 2019, the Hong Kong dollar is the ninth most traded currency in the world. Hong Kong uses a linked exchange rate system, trading since May 2005 in the range US$1:HK$7.75–7.85. Apart from its use in Hong Kong, the Hong Kong dollar is a ...
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Bank Of China (Hong Kong)
Bank of China (Hong Kong) Limited () also known as its short name Bank of China (Hong Kong) or BOCHK (), is a subsidiary of the Bank of China (via a Hong Kong-listed intermediate holding company BOC Hong Kong (Holdings)). Bank of China (Hong Kong) is the second-largest commercial banking group in Hong Kong in terms of assets and customer deposits (2008 data), with more than 190 branches across Hong Kong as of the end of 2019. It is also one of the three commercial banks licensed by the Hong Kong Monetary Authority to issue banknotes for the Hong Kong dollar. BOCHK is legally separated from its parent, Bank of China (BOC), although they maintain close relations in management and administration and co-operate in several areas including reselling BOC's insurance and securities services. BOCHK is also the biggest member and a founder of the JETCO ATM and payment system, and the designated clearing bank in Hong Kong for transactions involving the Renminbi (RMB / CNH). BOCHK was ...
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Standard Chartered Hong Kong
Standard Chartered Hong Kong (officially Standard Chartered Bank (Hong Kong) Limited, ) is a licensed bank incorporated in Hong Kong and a subsidiary of Standard Chartered. It is also one of the three commercial banks licensed by the Hong Kong Monetary Authority to issue banknotes for the Hong Kong dollar. History The history of Standard Chartered in Hong Kong dates back to 1859, when The Chartered Bank of India, Australia and China opened a branch in Hong Kong. The Bank started issuing banknotes of the Hong Kong dollar in 1862, and still does so today. In 2000, Standard Chartered acquired Hong Kong-based retail banking business of the Chase Manhattan Bank, including Chase Manhattan Card Company Limited. In 2010, Standard Chartered acquired the Hong Kong consumer operations of GE Capital. An office tower, the Standard Chartered Bank Building, in Des Voeux Road, Central, Hong Kong is named after the bank. The building is now owned by Hang Lung Group. The Chairperson of the Bo ...
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Hong Kong Ten-dollar Coin
The ten-dollar coin is the highest-valued circulating coin issued in Hong Kong. It circulates alongside the ten dollar banknote. It was first issued for circulation in 1994 to replace the $10 note, but the coin was not minted after 1997 and the Hong Kong Monetary Authority chose instead to reissue banknotes in 2002. A commemorative issue featuring the Tsing Ma Bridge was released in 1997 for the handover of Hong Kong to China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and .... It was issued in uncirculated and proof sets.http://worldcoingallery.com/countries/display.php?image=img15/84-78&desc=Hong Kong km78 10 Dollars (1997) Suspension bridge&query=Hong Kong It is Hong Kong's only bi-metallic coin. Mintage References * Ma Tak Wo 2004, Illustrated Catalogue of Hong Kong Currency ...
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Banknotes Of The Hong Kong Dollar
The issue of banknotes of the Hong Kong dollar is governed in the Special Administrative Region of Hong Kong by the Hong Kong Monetary Authority (HKMA), the governmental currency board of Hong Kong. Under licence from the HKMA, three commercial banks issue their own banknotes for general circulation in the region. Notes are also issued by the HKMA itself. In most countries of the world the issue of banknotes is handled exclusively by a single central bank or government. The arrangements in Hong Kong are unusual but not unique, as a comparable system is used in the United Kingdom where seven commercial banks issue banknotes (three in Scotland and four in Northern Ireland) and Macau where two banks issue banknotes. Hong Kong banknotes in everyday circulation are issued in denominations of $10, $20, $50, $100, $500 and $1,000. The total value of banknotes in circulation in Hong Kong can be found in thHKMA Monthly Statistical Bulletinand th History Origins till 1900 In the 1860 ...
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Hong Kong Five-dollar Coin
The five dollar coin is the second-highest denomination coin of the Hong Kong dollar. It replaced the five dollar banknotes in 1976. It was first issued as a 10-sided coin in 1976, under British rule. The coin was also made of copper-nickel but weighed 10.76 grams, was 31 mm in diameter and 2.08 mm thick. The obverse featured Arnold Machin's portrait of Queen Elizabeth II and the inscription ''Queen Elizabeth II''. Its reverse featured a crowned British lion and the year of minting, as well as the country's name and the coin's denomination in both English and Chinese. In 1980, the current round coin was issued, being slightly smaller and heavier. This coin replaced the lion on the reverse with a number five, but retained Machin's portrait. In 1985, the portrait of the Queen was changed to the one by Raphael Maklouf, introduced to British coins in the same year. In 1993, the image of the Queen on the obverse was replaced by a Bauhinia flower. Since that year, the flower features on ...
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Dollar (Hong Kong Coin)
The one-dollar coin is the fourth-highest and fourth-lowest denomination coin of the Hong Kong dollar. History It was first issued in 1866 as a silver coin of a diameter of 38 mm, a mass of 26.96 grams and a thickness of 2.80 mm. This issue lasted only three years with a reported mintage of 2,109,000 coins in total; separate statistics of each year's mintage are unavailable. The second introduction of a dollar coin was started in 1960 as a copper-nickel coin of 30 mm in diameter, 2.25 mm thick, and weighing 11.66 g. The circulation of this coin was ended in 1978 with the issuance of a smaller coin of 25.50 mm in diameter, 1.95 mm thickness and weighing 7.10 g. All issues up to 1992 featured Elizabeth II on the obverse with the inscription ''QUEEN ELIZABETH THE SECOND''. The reverse featured the Chinese characters and English words for 圓 (''yùhn'') one dollar, and 香港 Hong Kong, as well as an image of an English crowned lion in the ...
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Hong Kong Twenty-cent Coin
The twenty-cent coin is a coin of the Hong Kong dollar. It is the second-smallest denomination coin in Hong Kong. There have been two different periods of usage for a twenty-cent coin: the first, round twenty-cent was issued from 1866 to 1905, and the current scallop-shaped coin was introduced in 1975. The first twenty-cent coin was minted from 1866 to 1905 but used until 1942. Before the Second World War the coin was first made of 80% silver, with a weight of 5.40 g, thickness of 1.80 mm and diameter of 22 mm. It contained a continuous reeded edge. From 1866 to 1898 it featured the portrait of Queen Victoria, although she reigned until 1901. Her title on the coin was not updated when she became Empress of India in 1875. Minting resumed in 1902 with a coin featuring King Edward VII of the United Kingdom, which was issued until 1905. In 1975 a new coin was issued for the denomination. It was a scalloped shaped nickel-brass coin of 19 mm in diameter, weighing 2.59 g an ...
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Hong Kong Two-dollar Coin
The two dollar coin is the third-highest denomination coin of the Hong Kong dollar. Since its introduction in 1976, it is one of two circulating coins to not be round (the twenty cent coin is also not round). The two dollar coin is a dodecagonal scallop in shape, and made of cupro-nickel. It was issued in 1975, and thus became the highest denomination coin until the five dollar coin was introduced the next year. The coin was a new denomination to the Hong Kong monetary system, as suggested by the Coinage Review Committee. The obverse featured Queen Elizabeth II from its introduction until being replaced with the Bauhinia flower in 1993, which featured on all Hong Kong coins minted since that year. In 1997 a commemorative coin was issued featuring the two saints of harmony, the He He brothers, to commemorate the handover of Hong Kong, from the United Kingdom to China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most ...
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Hong Kong Monetary Authority
The Hong Kong Monetary Authority (HKMA) is Hong Kong's central bank, central banking institution. It is a government authority founded on 1 April 1993 when the Office of the Exchange Fund and the Office of the Commissioner of Banking merged. The organisation reports directly to the Financial Secretary (Hong Kong), Financial Secretary. Responsibilities The exchange fund was established and managed originally by the Currency Ordinance in 1935, now named the Exchange Fund Ordinance. Under the Ordinance, the HKMA's primary objective is to ensure the stability of the Hong Kong currency, and the banking system. It is also responsible for promoting the efficiency, integrity and development of the financial system.Noel FungGovernment power over Exchange Fund's stability role under review, The Standard (Hong Kong), The Standard, 18 November 1997 The HKMA issues Banknotes of the Hong Kong dollar, banknotes only in the denomination of ten Hong Kong dollars. The role of issuing other bankn ...
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Hong Kong Ten-cent Coin
The ten-cent coin is the lowest-denomination circulating coin of the Hong Kong dollar. With a diameter of 17.5 mm and a mass of 1.85 g it is also the smallest in size and weight. It is the oldest coin denomination to still be in circulation in Hong Kong. Since its first issue in 1863, there has only been one period (1942–1947) where the coin was not in use. History Before the Second World War the coin was first made of .800 purity silver, with a weight of 2.82 g, thickness of 1.1 mm and diameter of 17.50 mm with a reeded edge. The first ten-cent coin, issued in 1863, featured the portrait of Queen Victoria on its obverse and was minted until the year of her death, 1901. Her successor, King Edward VII of the United Kingdom then featured on the obverse from 1902 to 1905, despite reigning until 1910. In the early 1900s during China's currency reform, in some provinces of China, such as Guangxi, some residents and retailers refused Chinese 10-cent coins, and ...
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Hong Kong Fifty-cent Coin
The fifty-cent coin was first introduced as a .900 purity silver half dollar in 1866. These coins were 13.41 grams, with a diameter of 32 mm, thickness of 2 mm, and a reeded edge. The design was similar to the British trade dollar, except the image of Britannia was replaced by Queen Victoria. The dates of issue were 1866-67 with only 59,000 issued for both dates combined. In 1890, a second issue of this coin was made, this time as a fifty-cent piece. The mintage years was from 1890–94 and 1902, 1904-05. The coin was reeded but reduced in size to 30.5 mm in diameter, but with an increase in weight to 13.48 grammes, but the thickness stayed the same at 2 mm. Metal composition was .800 silver. No more of this denomination was minted until 1951 when a copper-nickel coin was issued. It was 23.5 mm in diameter, weighed 5.81 g and 2 mm in thickness. Until 1971, the reeding was with a security edge and from then onwards was just reeded. In ...
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Census And Statistics Department (Hong Kong)
The Census and Statistics Department (C&SD; ) is the provider of major social and economic official statistics in Hong Kong. It is also responsible for conducting Population Census and By-census in Hong Kong since 1971. Its head office is in the Wanchai Tower in Wan Chai. Antecedent The history of population censuses in Hong Kong can be traced back to the 1840s. According to early government records, the first set of census results were published in the 2nd issue of H.K. Govt. Gazette (1841 May). Regular population censuses have been taken ever since, except for the main gap between 1931 and 1961. In addition to population censuses, other statistics like number of ships entered, trade tonnage, public revenue and expenditure, death rate for European and American residents, number of schools, school attendance, number of prisoners and police strength were collected through various government departments in a scattered fashion. In 1947, a Department of Statistics was set u ...
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