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Hong Kong uses its own Hong Kong Dollar (HKD) as its official currency. Compared to the US Dollar the HKD is fixed at USD1 to HKD7.80.
There are banknotes and shillings which comes in various denominations. The banknotes are in Tens which are purple and green, Twenties which are blue, fifties in purple and green, one hundreds that are red, five hundreds in brown and one thousands in gold. The shillings come in tens, fives, twos, ones, fifty cents, twenty cents and ten cents.
Most outlets in Hong Kong accepts only the Hong Kong Dollars and other currencies are rarely accepted. This however is different in major shopping malls where in certain outlets, USD are accepted although a lower rate will be imposed. Tourists are often encouraged to change their currencies to Hong Kong Dollars before making their purchases though.
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