Monday, February 20, 2017 1:40 AM
Currencies rates online for Hong Kong Dollar (HKD) to US Dollar (USD).
Forex data is updating every 5 minutes.
In order to convert currencies, please go to US Dollar (USD) to Hong Kong Dollar (HKD).
The currency converter uses the latest Forex exchange rates.
The Hong Kong dollar (symbol: $; currency code: HKD) is the official currency of Hong Kong. It is sometimes abbreviated as HK$ to distinguish between it and other dollar-denominated currencies. One (1) Hong Kong dollar is equal to one hundred (100) cents.
The dollar is in use in Hong Kong and Macau and is issued by the Government of Hong Kong, HSBC, Standard Chartered, and the Bank of China. It is among the most heavily traded currencies in the foreign exchange market.
The Hong Kong dollar was adopted in 1935, after Hong Kong abandoned the silver standard.
The U.S. dollar (symbol: $; currency code: USD) is the official currency of the United States of America and its overseas territories. One (1) US dollar is equal to one hundred (100) cents.
The U.S. dollar is a Federal Reserve Note and the world’s dominant reserve currency. As such, it is the most converted currency in the world and the currency most used in international transactions. In addition, it features as the standard currency in the commodity market, having a key impact on commodity prices, and is the most popular and heavily traded currency in the forex market.
The dollar was adopted as the official money unit of the United States in 1785. The federal monetary system was established following the Coinage Act of 1792, which also created the first U.S. Mint. Paper currency was first issued by the U.S. government in 1862 in order to finance the Civil War. The first $10 Federal Reserve notes were issued in 1914, but it was not until 1929 that the U.S. currency began to feature the standard portraits on the front and monuments and emblems on the back of all bills.