Money Matters Legal tender is the Hong Kong dollar (HK$). There are 100 cents in a dollar. Coins, issued by the government, are bronze-coloured for 10 cents, 20 cents and 50 cents; silver-coloured for HK$1, HK$2, and HK$5; nickel and bronze for HK$10. Notes issued by HSBC and Standard Chartered Bank have denominations of HK$10, HK$20, HK$50, HK$100, HK$500, and HK$1,000. The Bank of China issues all of the denominations except HK$10. Since the mid-1980s, the value of the Hong Kong dollar has been pegged at HK$7.8 to the US dollar, and consequent rates of exchange to other currencies. However, the market rate exchange to the US dollar fluctuates marginally. Banks and moneychangers charge commission. Similarly, commissions are payable in hotels and major retail outlets which provide exchange facilities for their customers. As elsewhere, the rates of exchange for cash and travellers' cheques are marginally different and coins are not exchangeable. The display of net rates of exchange by moneychangers is a legal obligation. Visitors are advised to check them - and also the amount of any additional commission payable for the exchange of travellers' cheques - before handing over the money for exchange. Receipt notes must be issued by law. There are no restrictions on currencies being brought in or taken out of Hong Kong. To calculate the amount of your currency to HK$, please click here. Time Zone Converter Please click here to convert the time in Hong Kong.