Hong Kong dollar (HKD)

Currency

The Hong Kong dollar (HKD, symbol HK$) is the official currency of the Hong Kong Special Administrative Region, managed by the Hong Kong Monetary Authority. Established in 1863, the HKD is subdivided into 100 cents. Under a linked exchange rate system implemented in 1983, the Hong Kong dollar is pegged to the United States dollar within a strict target range, maintained through commercial banknote issuance backed by foreign exchange reserves.

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