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The HKMA guarantees to exchange US dollars into Hong Kong dollars, or vice versa, at the rate of 7.80. When the market rate is below 7.80, the banks will convert US dollars for Hong Kong dollars from the HKMA; Hong Kong dollar supply will increase, and the market rate will climb back to 7.80.
2.3 Australian dollar as legal tender. 2.4 Swiss franc as legal tender. 3 Currency board. ... 3.4 Hong Kong dollar as exchange rate anchor. 4 Conventional peg.
In the same year, the Hong Kong dollar was pegged to the U.S. dollar at a rate of HK$5.65 = US$1, revised to HK$5.085 = US$1 in 1973. From 1974 to 1983, the Hong Kong dollar was not anchored to another currency, changing the monetary regime from a currency board system to a floating currency system.
An airline ticket showing the price with ISO 4217 code "EUR" (bottom left) and not with euro currency sign " € "ISO 4217 is a standard published by the International Organization for Standardization (ISO) that defines alpha codes and numeric codes for the representation of currencies and provides information about the relationships between individual currencies and their minor units.
Obverse and reverses of Hong Kong coins – Bauhinia series since 1993. The Hong Kong coinage, including 10¢, 20¢, 50¢, $1, $2, $5 & $10, is issued by Hong Kong Monetary Authority on behalf of the Government of Hong Kong.
The twenty-dollar note is one of the most common banknote denominations in Hong Kong. [1] It was first issued by the Oriental Bank Corporation from 1866 to 1884, which are listed as extremely rare.
"Design of the new decimal currency", first broadcast by the ABC in 1964. The Royal Australian Mint has announced that, following the death of Queen Elizabeth II in 2022, it will produce one million $1 coins bearing King Charles' face in 2023 [1] with the new effigy to fully replace a temporary memorial effigy of Queen Elizabeth II by May 2024. [2]
1938: Publication of the first share price index. 1939: Sydney Stock Exchange closed for the first time due to the declaration of World War II. 1960: Sydney Futures Exchange began trading as Sydney Greasy Wool Futures Exchange (SGWFE). Its original goal was to provide Australian wool traders with hedging facilities in their own country.