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Hong Kong Dollar
The Hong Kong dollar (, 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. 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. the Hong Kong dollar was 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$7.75–7.85. Apart from its use in Hong Kong, the Hong Kong dollar is also used in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Macanese Pataca
The Macanese pataca or Macau pataca ( zh, t=澳門元, cy=Oumún yùhn; ; sign: MOP$; ISO code: MOP) is the currency of Macau. It is subdivided into 100 ''avos'' (; ''sin''), with 10 avos called ''ho'' () in Cantonese. Macau has a currency board system under which the pataca is 100 per cent backed by foreign exchange reserves, in this case currently the Hong Kong dollar (itself backed by the United States dollar). Moreover, the currency board, Monetary Authority of Macau (AMCM), has a statutory obligation to issue and redeem Macau pataca on demand against the Hong Kong dollar at a fixed exchange rate of HK$1 = MOP 1.03, and without limit. History The Spanish dollar was in wide use in Asia and the Americas between the 16th to 20th centuries, and was imported by China in large quantities. They were typically minted in Mexico and then brought to the Philippines as part of the Spanish East Indies through the Manila-Acapulco galleon trade to be traded and circulated a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after .... 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 Curren ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dollar
Dollar is the name of more than 25 currencies. The United States dollar, named after the international currency known as the Spanish dollar, was established in 1792 and is the first so named that still survives. Others include the Australian dollar, Brunei dollar, Canadian dollar, Eastern Caribbean dollar, Hong Kong dollar, Jamaican dollar, Liberian dollar, Namibian dollar, New Taiwan dollar, New Zealand dollar, Singapore dollar, Trinidad and Tobago Dollar, and several others. The symbol for most of those currencies is the dollar sign $; the same symbol is used by many countries using peso currencies. The name "dollar" originates from the "thaler" which was the name of a 29 g silver coin called the Joachimsthaler minted in Lands of the Bohemian Crown, Bohemia, the western part of Czech Kingdom (now the Czech Republic). The word itself comes from the word ''thal'', German for valley. Economies that use a "dollar" Other countries that use the "United States dollar" Other t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of China (Hong Kong)
Bank of China (Hong Kong) Limited (), abbreviated as BOCHK (), is a subsidiary of the Bank of China (via the 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 the JETCO ATM and payment system, and the designated clearing bank in Hong Kong for transactions involving the Renminbi (RMB / CNY). BOCHK was established on 1 October 2001 from a merger of 12 su ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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, although the latte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HSBC (Hong Kong)
The Hongkong and Shanghai Banking Corporation Limited (), commonly abbreviated as HSBC and formerly known as HongkongBank (; styled ''Wayfoong'' by the bank), is the Hong Kong–based Asia-Pacific subsidiary of the HSBC banking group, for which it was the parent entity until 1991. The largest bank in Hong Kong, HSBC operates branches and offices throughout the Indo-Pacific region and in other countries around the world. It is also one of the three commercial banks licensed by the Hong Kong Monetary Authority to issue banknotes for the Hong Kong dollar. The Hongkong and Shanghai Bank was established in British Hong Kong in 1865 and was incorporated as The Hongkong and Shanghai Banking Corporation in 1866, and has been based in Hong Kong (although now as a subsidiary) ever since. It is the founding member of the HSBC group of banks and companies, and, since 1990, is the namesake and one of the leading subsidiaries of the London-based HSBC Holdings. The company's business range ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong Note Printing
Hong Kong Note Printing Limited () is a company which prints the bank notes of all the three note-issuing banks in Hong Kong and bank notes of Macau. The banknote printing plant was founded in 1984 by Thomas De La Rue in Tai Po Industrial Estate. In April 1996, the Hong Kong Government purchased the plant through the Exchange Fund, and operated it under the current name. Shareholders In March 1997, the government sold 15% of the company's issued share capital to the China Banknote Printing and Minting Corporation (CBPMC). In October of the same year, the government sold 10% of the company's issued share capital to each of the three note-issuing banks in Hong Kong (total 30%), namely The Hongkong and Shanghai Banking Corporation Limited, the Standard Chartered Bank (now Standard Chartered Bank (Hong Kong)), and the Hong Kong Branch of the Bank of China (now Bank of China (Hong Kong) Limited). See also * Banknotes of the Hong Kong dollar * Hong Kong dollar The Hong ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monetary Authority
A central bank, reserve bank, national bank, or monetary authority is an institution that manages the monetary policy of a country or monetary union. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Many central banks also have supervisory or regulatory powers to ensure the stability of commercial banks in their jurisdiction, to prevent bank runs, and, in some cases, to enforce policies on financial consumer protection, and against bank fraud, money laundering, or terrorism financing. Central banks play a crucial role in macroeconomic forecasting, which is essential for guiding monetary policy decisions, especially during times of economic turbulence. Central banks in most developed nations are usually set up to be institutionally independent from political interference, even though governments typically have governance rights over them, legislative bodies exercise scrutiny, and central banks frequently do show responsivenes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong One Hundred And Fifty-dollar Note
The Hong Kong one hundred and fifty dollar note is a commemorative banknote issued by the Standard Chartered Bank (Hong Kong) on 1 October 2009 and HSBC on 2015 to commemorate on the 150th Anniversary of the Standard Chartered Hong Kong branch and HSBC respectively. It is the world's first 150 base unit denomination banknote. Approximately 1 million notes were issued by Standard Charter and 2 million by HSBC. Owing to its rarity and expected higher re-sale value, the notes are unlikely to enter circulation, though they are still considered legal tender. See also *Banknotes of the Hong Kong dollar The issue of banknotes of the Hong Kong dollar is governed in the Special administrative region, Special Administrative Region of Hong Kong by the Hong Kong Monetary Authority (HKMA), the governmental currency board and central bank of Hong Kong ... References Banknotes of Hong Kong Commemorative banknotes Currencies of Hong Kong {{Hongkong-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong One Thousand-dollar Note
The one thousand-dollar note is the highest-valued banknote in circulation in Hong Kong. Currently, this note is issued by the Hongkong and Shanghai Banking Corporation (HSBC), Standard Chartered Hong Kong, and the Bank of China. Due to its gold-colored theme, this note was nicknamed “Gold Cow ()” by the locals, derived from the term “Big Cow ()” that is used for the city's five hundred-dollar note. If counted according to the notes’ serial number, it is the note with the second-lowest printing figure, higher than that of the fifty-dollar note. History Proof issues were made by the Oriental Bank Corporation and the Bank of Hindustan, China and Japan during the 1860s. However, due to the low price level in that era, those notes are currently extremely rare. It was not until 31 March 1977 that the first circulating note was issued by the HSBC with a dimension of 100mm by 173mm. Later on 6 March 1979, the Standard Chartered Bank (Hong Kong) issued its own one thousand-do ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong Five Hundred-dollar Note
The Hong Kong five hundred dollar note was first issued in undated from the 1860s by the Oriental Bank Corporation, the Standard Chartered Bank (Hong Kong) but a confirmed date for this bank is 1879, followed by The Hongkong and Shanghai Banking Corporation in 1877, the Mercantile Bank in 1948 and the Bank of China in 1994. The Specimens are known from the Agra and Masterman's Bank and the Asiatic Banking Corporation between 1862-66. The National Bank of China issued theirs in the 1890s. There was a continuous issue till the Second World War World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the wo ... in different colours and dimensions, they were reissued from 1946. The Mercantile bank ceased issue of this denomination after 1959. There was a standardisation of size in 1979 when the Charte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong One Hundred-dollar Note
The Hong Kong one hundred dollar note was first issued from 1858 from the Mercantile Bank, 1866 by the Oriental Bank Corporation, the Standard Chartered Bank (Hong Kong) from the 1860s but a confirmed date for this bank is 1879, followed by The Hongkong and Shanghai Banking Corporation in 1877. Specimens are known from the Agra and Masterman's Bank and the Asiatic Banking Corporation that existed between 1862–66 and from The National Bank of China in the 1890s. There was a continuous issue till the Second World War in different colours and dimensions, and this issue was resumed after the war in 1946, by the HSBC, Mercantile and Standard Chartered Banks. This was somewhat standardised in 1970 when the Chartered Bank changed the issue from brown to red, red was the colour of the other two issues. The Mercantile bank stopped issuing banknotes after 1974 and the Bank of China The Bank of China (BOC; ; Portuguese language, Portuguese: ''Banco da China'') is a state-owned Chines ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
