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The one-cent coin was the smallest-denomination coin of the Hong Kong dollar since 1866 until its replacement in 1941 by the one-cent note.During World War II the loss of coins dated 1941 along with their subsequent melting during the Japanese occupation of Hong Kong has resulted in the survival of no more than 100 coins.
The one-cent banknote was the smallest denominated banknote issued in Hong Kong. They were issued by the government and were initially released on 30 May 1941 and printed by Noronha and Company Limited [1] to provide small change because of a lack of coinage brought on by the Second World War. The first issue was 42 by 75 mm, the obverse was ...
Hong Kong officially introduced a new series of coin on New Year's Day (1 January) 1993 at stroke of midnight HKT in denominations of 10-cent, 20-cent, 50-cent, HK$1, HK$2 and HK$10. Since the introduction of the Octopus card in 1997, small value payments and purchases in Hong Kong are mostly made as Octopus transactions.
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.
In 1985, 20-dollar notes were introduced, whilst, in 1993, a 10-dollar coin was introduced and the banks stopped issuing 10-dollar notes. In 1994, the Hong Kong Monetary Authority (HKMA), gave authority to the Bank of China to issue notes. The 1-cent note issued by the Government was demonetised and ceased to be legal tender on 1 October 1995.
H. Hong Kong fifty-cent coin; Hong Kong five-cent coin; Hong Kong five-dollar coin; Hong Kong one-cent coin; Hong Kong one-dollar coin; Hong Kong one-mil coin
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The second introduction of a dollar coin was started in 1960 as a copper-nickel coin of 30 mm in diameter, 2.25 mm thick, and weighing 11.66 g. The circulation of this coin was ended in 1978 with the issuance of a smaller coin of 25.50 mm in diameter, 1.95 mm thickness and weighing 7.10 g.