Does Hong Kong still use coins?

The Hong Kong dollar, officially designated as HKD, serves as the sole currency in Hong Kong. Commonly represented by the symbols "$" or "HK$", it is the economic backbone of the territory's financial system.

The Hong Kong dollar is subdivided into 100 cents, providing a granular means of exchange. An interesting aspect is the term "houh," which refers to each group of 10 cents, adding a local flavor to the currency system.

In terms of physical currency, Hong Kong offers a range of denominations to cater to various transactional needs. Banknotes are available in values of 10, 20, 50, 100, 500, and 1000 HKD, providing a robust framework for larger transactions.

Complementing the banknotes, coins are issued in denominations of 10, 20, and 50 cents, as well as 1, 2, 5, and 10 HKD. These coins facilitate smaller-scale purchases and daily transactions, ensuring convenience for the general populace.

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