Every transaction conducted in Hong Kong must be in this currency. Do you have a trip, business, or work to Hong Kong and need to learn about the currency used there? So, What currency does Hong Kong use, what are the denominations of Hong Kong currency? All will be answered in today's article.

What currency does Hong Kong use
What currency does Hong Kong use?
The valid currency in Hong Kong is the Hong Kong Dollar. The Hong Kong Dollar is used in 2 forms: coins and banknotes. This is the currency issued by the government with a variety of colors and designs for banknotes.
Hong Kong is a special administrative region of China, so it also has its own currency. The currency used officially by locals in Hong Kong is the Hong Kong Dollar, with the symbol HKD or HK$.

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Denominations of Hong Kong Currency
Hong Kong currency converted to Vietnamese currency is exchanged at:
1 HKD = 2,873 VND (subject to change depending on the time).
Hong Kong people use both banknotes and coins. Coins are issued by the government, with denominations of: 10 cents, 20 cents, 50 cents. 1 HKD, 2 HKD, 5 HKD, and 10 HKD.

Banknotes are issued by three commercial banks in Hong Kong (HSBC, Standard Chartered Bank, and Bank of China). The denominations of Hong Kong banknotes are: 10 HKD, 20 HKD, 50 HKD, 100 HKD, 500 HKD, and 1000 HKD.

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To convert Hong Kong currency to Vietnamese Dong, you can exchange money at jewelry stores. They will have Hong Kong currency for you to exchange. Or if you are in Hong Kong and want to exchange Vietnamese Dong to Hong Kong currency, you can exchange money at Check Lap Kok Airport or on the street, there are quite a few places to exchange.
Notes on currency in Hong Kong
To be able to make transactions when in Hong Kong, you need to note a few things as follows:
When going on a tour to Hong Kong, if you bring more than 5,000 USD in cash, you must declare it to customs.
You should pay in Hong Kong dollars (HK$) when taking a taxi.
You should bring a calculator for convenient currency conversion when shopping in Hong Kong. Avoid being tricked into paying the wrong amount for goods.
Just like in Vietnam, you should bargain when buying goods in Hong Kong markets. Prices are often quite high here. You need to be careful when bargaining.
There are many Hong Kong currency exchange counters at the airport, banks, and hotels. However, you should not exchange money at hotels because the exchange rate is lower.
If you don't want to carry too much cash, you can use international credit cards such as American Express, Visa, Master Card. You can easily make transactions with cards here.

We hope the information we have provided above has answered your question about Hong Kong's currency denominations. We hope you can exchange Hong Kong dollars easily and have a happy trip.
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