Currency and exchange rate
The Hong Kong dollar is the currency unit. Pegged at the rate of HK$ 7.80 to US$ 1 since October 1983, Hong Kong dollar notes come in denominations of $10, $20, $50, $100, $500 and $1000. Smaller denominations are divided into coins at values of $1, $2, $5, $10, as well as 10 cents, 20 cents and 50 cents.
Most currencies and traveller’s cheques can be changed at banks, hotels or money changers, with some handling charges. Major credit cards such as VISA, MasterCard and American Express are readily accepted in Hong Kong, China.