20hkd To Peso

[Bartlett Vallee]

Howeverdue to the scarcity of circulation of Mexican pesos in this Asian area, in 1895, the British Asian colonies of Singapore, Malaysia and Hong Kong asked the metropolis to provide them with the necessary silver coins. Eventually, London allowed British dollars to be minted in both the Straits Settlements and Hong Kong.

In 1935 the Hong Kong dollar was established as the monetary unit. But, ten years later, during the Japanese occupation (from December 1941 to 1945), the only means of payment allowed in the area was the Japanese yen, which was declared null after the end of the world war, recovering in transactions mercantile and for the population, the Hong Kong dollar.

Currently, the Sino-British Joint Declaration and the basic law of Hong Kong establish that the enclave has complete autonomy to issue its own currency. Supervised by the Hong Kong Monetary Authority, the currency is issued by 3 local banks and by the government.

In 1863 the first coins of 10 and 1 cents and 1 thousand were introduced. Three years later those of 1 dollar and a half dollar, as well as those of 20 and 5 cents. All were minted in silver except those of 1 cent and 1 thousand, which were in bronze.

A new bimetallic ten dollar coin (1994) was introduced in Hong Kong as early as the 1990s. A year earlier, in 1993, the coins bearing the effigy of Elizabeth II began to disappear from circulation, which was replaced by symbols of the enclave such as the Bauhinia blakeana flower. Even so, coins with the portrait of the British monarch remain legal tender in Hong Kong territory.

Hong Kong banknotes are issued by the Monetary Authority (Hong Kong Central Bank) and by 3 local private banks licensed to print currency (The Hongkong and Shanghai Banking Corporation Limited, the Bank of China Limited and the Standard Chartered Bank Limited).

This means that you will find 3 different versions of each denomination depending on which of the 3 issuing banks has turned the crank. In fact, the obverses of the most current denominations (at least those of the 2018 series) usually bear one of these three motifs together with the name of the issuing bank:

These notes were accepted in commercial transactions even if they were not used to pay government fees and taxes. The 25s went out of print at the end of the 19th century while the one dollar ones were only issued until 1935.

Its predominant color is blue. Below is a 2010 series banknote, issued by The Hongkong and Shanghai Banking Corporation Limited. Its equivalent value in euros in Spain, in June 2023, would be about 2.11 euros.

Its predominant color is brown in the 2018 series that we show you here. Like the 1000 HKD banknote, there are three similar versions depending on its issuing bank out of the 3 authorized and the reverse has a vertical configuration while the obverse is horizontal.

In fact, in currency suppliers in Spain today you can buy Hong Kongers at an exchange rate of around 5.81 at Spanish airports and 7.25 HKD for each euro from Cambiator. Nothing to do with the euro-Hong Kong dollar currency exchange.

The Hong Kong dollar is not a very abundant currency/currency in Spain. As a result of its scarcity, its price is more expensive in Spain than in Hong Kong. If you decide to buy HKD dollars in Spain, it is good to anticipate the purchase and reserve them online to obtain a better price.

It is not recommended to do it at the Hong Kong airport (the currency exchange is operated by the Spanish supplier Global Exchange). Except for the one you may need to take a taxi, which usually only accept Hong Kong dollars, like most commercial establishments.

Cambiator does not have advertising, does not spam or personalize the service based on past sessions. We use the data collected from the user to measure the result of advertising campaigns and create an advertising profile.

3a8082e126