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	<title>Insider&#039;s HONG KONG Travel Guide &#187; Hong Kong Money Matters</title>
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	<description>Hong Kong Travel Guide from a local perspective</description>
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		<title>Hong Kong Currency</title>
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		<pubDate>Sun, 01 Aug 2010 16:08:39 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Hong Kong Money Matters]]></category>

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		<description><![CDATA[Hong Kong currency denominations are HK$1000, HK$500, HK$100, HK$50, HK$20, HK$10 ( Notes ) &#38; HK$10, HK$5, HK$2, HK$1, 50cents, 20cents, 10cents ( Coins ). Hong Kong currency is pronouned as &#8220;Yuen&#8221; Please note that Hong Kong currecy in large denomination like HK$1000 notes are not very welcome by most of the smaller retailers due to [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.insiderhongkongtravelguide.com/wp-content/uploads/2008/10/picture-61.png"><img class="size-medium wp-image-82 alignleft" title="Hong Kong Currency Coins" src="http://www.insiderhongkongtravelguide.com/wp-content/uploads/2008/10/picture-61.png" alt="Courtesy of Hong Kong Tourism Board" width="154" height="145" /></a></p>
<p>Hong Kong currency denominations are HK$1000, HK$500, HK$100, HK$50, HK$20, HK$10 ( Notes ) &amp; HK$10, HK$5, HK$2, HK$1, 50cents, 20cents, 10cents ( Coins ). Hong Kong currency is pronouned as &#8220;Yuen&#8221;</p>
<p>Please note that Hong Kong currecy in large denomination like HK$1000 notes are not very welcome by most of the smaller retailers due to the counterfeit problem. Do look out for signs at cashier or enquire from the retail store staff if they accept the $1000 notes.</p>
<p>Just to give you a rough guideline about expenditure on eating in Hong Kong. A McDonald&#8217;s BIG MAC MEAL ( with drinks &amp; french fries ) costs around HK$25. A normal meal in any noodle shop or local coffee house will cost you about HK$ 30 per meal.</p>
<p>Hong Kong Customs put no restrictions on how much Hong Kong currency bringing in and/or take out of Hong Kong.</p>
<p>If you have any coins ( HK$ ) , you will probably realize that they are pretty heavy. My wife and I are always trying to &#8220;get rid of&#8221; our coins &#8211; Spend them of course !!</p>
<p>As for purchasing of goods in Hong Kong, we would prefer to use credit card as much as possible.</p>
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		<title>ATM</title>
		<link>http://www.insiderhongkongtravelguide.com/hongkongtravelguide_atm/</link>
		<comments>http://www.insiderhongkongtravelguide.com/hongkongtravelguide_atm/#comments</comments>
		<pubDate>Tue, 11 Nov 2008 16:00:42 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Hong Kong Money Matters]]></category>

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		<description><![CDATA[Hong Kong has the one of the best banking systems in Asia. Withdrawing cash ( HK$ ) from an Automatic Teller Machine is like a breeze. All of the ATM machines in Hong Kong support Visa, Master, Cirrus, Plus and therefore it will not be any issue if you need to withdraw some urgent cash [...]]]></description>
			<content:encoded><![CDATA[<p>Hong Kong has the one of the best banking systems in Asia. Withdrawing cash ( HK$ ) from an Automatic Teller Machine is like a breeze. All of the ATM machines in Hong Kong support Visa, Master, Cirrus, Plus and therefore it will not be any issue if you need to withdraw some urgent cash in hand.</p>
<p>However, I personally would not encourage you to withdraw HK dollars from the ATM machines unless it is  necessary as the service fee can be quite expensive and you tend to get a lousy currency conversion rate.</p>
<p><a href="http://www.insiderhongkongtravelguide.com/wp-content/uploads/2008/11/atm.jpg"><img class="alignnone size-medium wp-image-328" title="atm" src="http://www.insiderhongkongtravelguide.com/wp-content/uploads/2008/11/atm-300x199.jpg" alt="ATM, Insider Hong Kong Travel Guide" width="300" height="199" /></a></p>
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