Hong Kong Dollar to Pound Sterling — exchange rate

Country of Circulation: Hong Kong, Macau

Currency Code, Symbol: HKD, HK$

Denominations of coins in circulation: 10¢, 20¢, 50¢, $1, $2, $5, $10

Denominations of banknotes in circulation: $10, $20, $50, $100, $500, $1,000

History: 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.Read More

Country of Circulation: United Kingdom, Guernsey, Isle of Man, Jersey

Currency Code, Symbol: GBP, £

Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2

Denominations of banknotes in circulation: £1, £5, £10, £20, £50, £100

History: The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.Read More