Hong Kong Dollar to Indonesian Rupiah — 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: Indonesia

Currency Code, Symbol: IDR, Rp

Denominations of coins in circulation: Rp100, Rp200, Rp500, Rp1,000

Denominations of banknotes in circulation: Rp1,000, Rp2,000, Rp5,000, Rp10,000, Rp20,000, Rp50,000, Rp100,000

History: The Indonesian rupiah (Rp) is a currency issued and accepted for payment in Indonesia. It is abbreviated to IDR. A local abbreviation – Rr – is also placed on notes.Sen, a coin of a smaller denomination, is used for change. One rupiah has 100 sens. The coin was removed from circulation in the 60s of the past century, and sen is only used in cashless operations. The currency was issued in Indonesia since 1945. For some time, it was used along with other currencies – the Netherlands Indies gulden and the Japanese occupational rupiah. In 1930s, a large-scale financial crisis led to the collapse of rupiah and resignation of president Haji Suharto.Read More