1 RMB = HK $ 1.1662; HK $ 1 ≈ 0.8586 yuan. HD or Hong Kong dollars is the legal circulation currency of the Hong Kong Special Administrative Region of the People's Republic of China. In accordance with the "Basic Law of the People's Republic of China Hong Kong Special Administrative Region", the autonomy of the autonomy of the legislation of the Hong Kong Special Administrative Region includes the power to issue currency. Its formal ISO 4217 is referred to as HKD (hong Kong dollar); it is marked as HK $. 10 yuan banknotes and various coins are issued by the Hong Kong Financial Administration, and Hong Kong dollars more than 20 yuan and above are issued by Bank of China, HSBC and Standard Chartered Bank. The current banknotes circulating are 10 yuan, 20 yuan, 50 yuan, 100 yuan, 500 yuan, and 1,000 yuan, and the coin surface is 10 yuan, 5 yuan, 2 yuan, 1 yuan, 5m, 2m and 1 cm. 1 yuan = 10 mill = 100 points. In Hong Kong, "mill" means "horn". Hong Hong Kong's banknotes were issued by three banknote banks under the supervision of the Hong Kong Financial Administration. The three banknote issuance banks include HSBC, Standard Chartered Bank and Bank of China, and the new purple ten -dollar banknotes were issued by the Hong Kong Financial Administration. The coin is issued by the Financial Administration. has established a contact exchange rate system linked to the US dollar in Hong Kong since 1983. When issuing any number of Hong Kong dollars in the banking bank, it must pay the US dollar to the Financial Administration at a exchange rate of $ 7.80 against 1 US dollars, record it in the foreign exchange fund account, and seal the bill after receiving the debt certificate. In this way, the US dollar held by foreign exchange funds provides support for the stability of Hong Kong dollars. It's noticeable that all the formats in Hong Kong have copyrights. Therefore, no one can copy the style of the banknote arbitrarily before the permission of the copyright holder. In Hong Kong for many years, several institutions were applied to advertising because of the approval of the bank's copyright holding banks. As a result, they were sentenced to pay a huge fine.
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