HKD
The Hong Kong dollar (HKD) is the official currency of Hong Kong. It is abbreviated as HKD and often denoted by the symbol HK$, commonly used in everyday transactions within Hong Kong. The currency is widely accepted in the territory and is freely convertible to other currencies.
Issuance and governance: Banknotes are issued under the Currency Ordinance by three note-issuing banks: Bank of
Exchange rate framework: The HKD operates under a linked exchange rate system pegged to the United States
History and usage: Historically, notes were issued by private banks before the modern system was established.