Hong Kong dollars Buy: 50.0 / Sell: 60.0 / National Bank rate: 59.14

According to the Basic Law of Hong Kong and the Sino-British Joint Declaration, Hong Kong enjoys complete autonomy in monetary policy. Hong Kong's currency is issued by the Hong Kong Government (coins and HK$10 notes) and three local banks under the supervision of the Hong Kong Monetary Authority, which effectively serves as the territory's central bank. As a result of banknote designs being redesigned by all three banks without removing older banknotes from circulation, there are currently up to six banknotes of each denomination in circulation. Any type of banknote is accepted without any restrictions (except for some vending machines, which, for technical reasons, may not accept, for example, ten-dollar notes issued by the Hong Kong government). Banknotes are printed by Hong Kong Note Printing Limited. The most common symbol for the Hong Kong dollar is the dollar sign ($), although a variant (НК$) is also available.

The Hong Kong dollar was introduced on February 2, 1895, with a fine silver content of 24.2611 g. Until the mid-1930s, silver Mexican dollars (usually in the form of a holed silver coin) also circulated in Hong Kong. In practice, the banknote exchange rate often deviated from the value of the metal coins. The colonial government began issuing treasury notes in 1935. In December 1935, the silver standard was abolished, and a fixed exchange rate with the pound sterling was established: 1 dollar = 15 pence.

Since 1983, the Hong Kong dollar has been pegged to the US dollar.

Currently, the following banknotes are in circulation: 10, 20, 50, 100, 500, and 1000 Hong Kong dollars. As of the end of 2015, HK$360 billion was in circulation, of which 61.1% was issued by The Hongkong and Shanghai Banking Corporation, 28.3% by Bank of China (Hong Kong) Limited, and 10.6% by Standard Chartered Bank (Hong Kong) Limited.

The 1935 dollar note, issued by the Hong Kong Government: