Australian Dollar to Hong Kong Dollar — exchange rate

The Australian dollar (symbol: $ ,code: AUD, number 036) is the currency of the Commonwealth of Australia. It is used not only on the territory of Australia, but also on the adjacent islands: Cocos Islands, Norfolk, and Christmas Islands. $ is identified as AUD or by the classic dollar sign on the global financial market.

One AUD is 100 cents. It has come into action in 1966, replacing the Australian pound. Since the late 80s, banknotes have been being made from special flexible plastic instead of paper. It makes money last longer in humid Australian climate. Interestingly, all banknotes have the same height, but are different in length. On the notes you can find portraits of historical and political figures, important buildings and objects. Australia also regularly issues commemorative coins worth 50 cents.

The Hong Kong dollar (symbol: HK$, codes: HKD and 344) is a monetary unit used only in one district in the People’s Republic of China – Hong Kong. The HKD abbreviation is commonly used on the foreign exchange market. The Hong Kong dollar is divided into cents.

One HKD has 100 cents. The $ currency was first issued in 1895. The coins of that time were made out of pure silver. The Hong Kong Special Administrative Region is “its own country within another government” in some way. Just like the other large city of PRC – Macao, Hong Kong not only has its own currency, but also lives by its own law.