25-666: Note printer: The issue of banknotes of the Hong Kong dollar is governed in the Special Administrative Region of Hong Kong by the Hong Kong Monetary Authority (HKMA), the governmental currency board and central bank of Hong Kong. Under licence from the HKMA, three commercial banks issue their own banknotes for general circulation in the region. Notes are also issued by the HKMA itself. In most countries of
50-498: 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. Between 1994 and 2002 an attempt was made to replace privately issued HK$ 10 notes with coins issued by
75-479: A commemorative charity issue. Although legal tender, the notes are unlikely to enter circulation, due to their rarity and expected higher re-sale value. In 2012, Hong Kong's Bank of China issued a new 100-dollar note to commemorate the bank's 100th anniversary. Although legal tender, the notes aren't intended for circulation. 1,100,000 notes were sold as numismatic products packaged in a folder for HK$ 150. An additional 100,000 were sold as sets of three uncut notes in
100-401: A folder for HK$ 600. Finally, 20,000 uncut sheets of 30 notes each were sold for HK$ 6,000 each. Profits from the sale of the notes were donated to charitable organizations in Hong Kong. In 2015, Hongkong and Shanghai Banking Corporation issued their own 150-dollar banknote to commemorative their 150th anniversary. It came in a single note presented in a folder, a 3-in-1 uncut sheet presented in
125-476: A folder, and a 35-in-1 uncut sheet. Previous issuers of banknotes were Mercantile Bank of India, London and China (1853–1974), Chartered Bank of India, Australia and China (1911–1956), The National Bank of China (1891–1911), Chartered Bank (1956–1982) Oriental Bank Corporation (1845–1884), Agra and Masterman's Bank (1862–1866), The Asiatic Banking Corporation (1862–1866), and The Bank of Hindustan, China & Japan (1862–1866). All issued some or all of
150-663: Is common practice for most Hong Kong businesses to reject $ 1,000 notes due to the risk of counterfeit money . The total value of banknotes in circulation in Hong Kong can be found in the HKMA Monthly Statistical Bulletin and the HKMA Annual Report . In the 1860s the Oriental Bank Corporation (now defunct), the Chartered Bank of India, Australia and China (now Standard Chartered Bank ) and
175-601: Is different from Wikidata Use British English from January 2023 Use dmy dates from January 2023 Hong Kong ten-dollar coin The ten-dollar coin is the highest-valued circulating coin issued in Hong Kong . It circulates alongside the ten dollar banknote . It was first issued for circulation in 1994 to replace the $ 10 note, but the coin was not minted after 1997 and the Hong Kong Monetary Authority chose instead to reissue banknotes in 2002. A commemorative issue featuring
200-660: The Chief Executive of the HKMA as the chairman of the company. In 2007, the bank has acquired polymer banknote technology to print the HK$ 10 banknote. The HKMA issues the 10-dollar note and the other three banks issue denominations of 20 (blue), 50 (green), 100 (red), 500 (brown) and 1,000 (gold) dollars. In September 2009, Standard Chartered Bank issued the world's first 150-dollar denomination banknote, at its 150th anniversary. Approximately 750,000 notes were sold at above face value, in various combinations and presentations, as
225-627: The De La Rue Group of the United Kingdom on behalf of the Government. The plant has been operating under the name of Hong Kong Note Printing Limited (HKNPL) since then. The acquisition of the plant enables the Government, through the HKMA, to be directly involved in the production of Hong Kong currency notes, which is in line with the responsibilities conferred upon the Government under the Legal Tender Notes Issue Ordinance and
250-472: The Hong Kong and Shanghai Banking Corporation (HSBC) began issuing notes. Denominations issued in the 1860s and 1870s included 1, 5, 10, 25, 50, 100 and 500 dollars. These notes were not accepted by the Treasury for payment of government dues and taxes , although they were accepted for use by merchants. 25-dollar notes did not survive beyond the end of the 19th century, whilst the 1-dollar notes (issued only by
275-583: The Basic Law. In March 1997, the Government sold 15 per cent of its shareholding in HKNPL to the China Banknote Printing and Minting Corporation , a People's Republic of China state-owned enterprise. In October 1997, the Government sold 10 per cent of HKNPL issued shares to each of the three note-issuing banks. The Government continues to exercise management control and maintains a majority stake in HKNPL, with
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#1732852100912300-644: The Exchange Fund. Banknotes are issued by the three banks, or redeemed, against payment to, or from, the Government Exchange Fund in US dollars, at a specified rate of US$ 1 to HK$ 7.80 under the Linked Exchange Rate system. Banknotes issued by the three commercial banks are printed in Hong Kong by Hong Kong Note Printing Limited . In April 1996, the HKMA acquired the note printing plant at Tai Po from
325-631: The HSBC) were issued until 1935. Under the Currency Ordinance of 1935, banknotes in denominations of 5 dollars and above issued by the three authorised local banks (the Mercantile Bank of India, London and China , Chartered Bank of India, Australia and China and the Hongkong and Shanghai Banking Corporation ) were all declared legal tender . The government took over production of 1-dollar notes. In 1941,
350-650: The Monetary Authority for approval. No reproduced images should be submitted with the application because such an action would already amount to a breach of section 103 of the Crimes Ordinance. It is a criminal offence under the Crimes Ordinance to manufacture or knowingly pass, tender or possess a counterfeit banknote. Offenders are liable to imprisonment of up to 14 years. Adopted from the official website of Hong Kong Monetary Authority . Permission granted. Special administrative region From Misplaced Pages,
375-787: The Republic of South Sudan and the Republic of the Sudan) Greater Pibor Special Administrative Area : Ruweng Special Administrative Area Planned [ edit ] Bhutan [ edit ] Gelephu Special Administrative Region (Gelephu Mindfulness City) Russia [ edit ] Oktyabrsky Island Special Administrative Region Russky Island Special Economic Zone Vietnam [ edit ] Phú Quốc Island Special Administrative Region References [ edit ] ^ "Figure 1.1 Geographic regions of China | UNICEF" . ^ "Law no. 3/2014 of 18 June Creates
400-2336: The Special Administrative Region of Oecusse and establishes the Special Zone of Social Market Economy" (PDF) . laohamutuk.org . 18 June 2014 . Retrieved 9 April 2024 . ^ "North Korea - Nuclear Weapons, Military Preparedness, and Social Insurance | Britannica" . ^ "Bhutan King announces mega Gelephu city project along Indo-Bhutan border" . 17 December 2023. ^ "Совет Федерации одобрил законы о САР на островах Русский в Приморье и Октябрьский в Калининградской области" . 28 July 2018. v t e Designations for types of administrative division English terms Common English terms Area Insular area Local government area Special area Unincorporated area Unorganized area Borough County borough Metropolitan borough Canton Half-canton Capital Federal capital Imperial capital City Autonomous city Charter city Independent city Incorporated city Imperial city Free imperial city Royal free city Community Autonomous community Residential community County Administrative county Autonomous county Consolidated city-county County seat County town Metropolitan county Non-metropolitan county Regional county municipality Viscounty Country Overseas country Department Overseas department District Capital district City district Congressional district Electoral district Federal district Indian government district Land district Local government district Metropolitan district Non-metropolitan district Military district Municipal district Police district Regional district Rural district Sanitary district Service district Educational service district Local service district School district Intermediate school district Special district in
425-4631: The US Urban district Division Census division Police division Subdivision of India Indian reserve/reservation Indian reservation (United States) Indian reserve (Canada) Municipality City municipality County municipality Direct-controlled municipality District municipality Neutral municipality Regional municipality Resort municipality Mountain resort municipality Rural municipality Specialized municipality Prefecture Autonomous prefecture Subprefecture Super-prefecture Praetorian prefecture Province Autonomous province Overseas province Roman province Region Administrative region Special administrative region Autonomous region Capital region National capital region Development region Mesoregion Microregion Overseas region Subregion State Proto-state City-state Federal state Free state Sovereign state Territory Capital territory Federal capital territory National capital territory Dependent territory Federal territory Incorporated territory Organized incorporated territory Overseas territory Union territory Town Census town Market town Township Charter township Civil township Paper township Survey township Urban township Unit Regional unit Territorial unit Autonomous territorial unit Zone Economic zone Exclusive economic zone Free economic zone Special economic zone Exclusion zone Military exclusion zone Free speech zone Neutral zone Self-administered zone Trade zone Free-trade zone Other English terms Current Alpine resort Bailiwick Banner Autonomous Block Cadastre Circle Circuit Colony Commune Condominium Constituency Duchy District Eldership Emirate Enclave and exclave Federal dependency Governorate Hamlet Manor Royal Muftiate Neighbourhood Parish Precinct Principality Protectorate Quarter Regency Autonomous republic Riding Sector Autonomous Shire Sultanate Suzerainty Townland Village Summer Ward Historical Agency Barony Burgh Exarchate Hide Hundred Imperial Circle March Monthon Presidency Residency Roman diocese Seat Tenth Tithing Viceroyalty Non-English terms or loanwords Current Amt Apskritis Bakhsh Barangay Bashki Bezirk Regierungsbezirk Comarca Comune Frazione Freguesia Fu Gemeinde Austria Germany South Tyrol Switzerland Gemeente Gmina Hromada Județ Kampong Kommun/Kunta Finland Sweden Län (Sweden) Landskap Finland Località Maakunta Megye Muban Mukim Njësi administrative Oblast Autonomous Okrug Ostān Poblacion Purok Qark Raion Savivaldybė Selsoviet Sitio Seniūnija Shahrestān Sum China Sýsla Tehsil Townlet Vingtaine Historical Commote Gau Heerlijkheid Komunë Köping Korale Län/Lääni Landskap Sweden Landskommun Maalaiskunta Nome Egypt Greece Pagus Pargana Plasă Rreth Satrapy Socken Subah Syssel Zhou Used by ten or more countries or having derived terms. Historical derivations in italics . See also Autonomous administration Census division Electoral district List of administrative divisions by country Slavic administrative divisions Retrieved from " https://en.wikipedia.org/w/index.php?title=Special_administrative_region&oldid=1233068748 " Category : Types of administrative division Hidden categories: Articles with short description Short description
450-434: The denominations above. Those no longer issued include the 1, 5, and 10-cent notes along with the 1, 5, and 25-dollar notes. The following security features are incorporated into genuine Hong Kong banknotes: In pursuance to section 103 of the Crimes Ordinance (Cap 200 of Laws of Hong Kong), anyone who wants to reproduce the whole or any part of any Hong Kong currency note for any purpose in any form must apply in writing to
475-945: The 💕 Class of administrative division in China, North Korea, Indonesia, and East Timor A special administrative region , special region , or special administrative area is a designation for types of administrative division in China , East Timor , North Korea , Indonesia and South Sudan . Current [ edit ] China [ edit ] Special administrative regions of China Hong Kong Macau Wolong National Nature Reserve East Timor [ edit ] Oecusse Indonesia [ edit ] Special Region of Jakarta Special Region of Yogyakarta Aceh North Korea [ edit ] Sinuiju Special Administrative Region South Sudan [ edit ] Abyei Special Administrative Area (condominium simultaneously administered by
500-549: The government introduced notes for 1, 5 and 10 cents due to the difficulty of transporting coins to Hong Kong caused by the Second World War (a shipment of 1941 1-cent coins was sunk, making this unissued coin very rare). Just before the Japanese occupation, an emergency issue of 1-dollar notes was made consisting of overprinted Bank of China 5- yuan notes. In 1945, paper money production resumed essentially unaltered from before
525-698: The government. In response to public demand for the continuation of this note, the HKMA issued its own HK$ 10 notes. HK$ 10 banknotes are currently the only denomination issued by the HKMA, having acquired the note printing plant at Tai Po from the De La Rue Group of the UK on behalf of the Government. These notes were printed in paper in 2002 and have been printed in polymer plastic since 2007. The older (green) 10-dollar banknotes previously issued by two commercial banks are still circulating and remain legal tender , although they are being phased out since September 2005. These are popular for lai see and are noticeably scarce in
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#1732852100912550-503: The run up to Chinese New Year . Leading to the incorporation of Standard Chartered (Hong Kong) on 1 July 2004, the Legislative Council of Hong Kong amended the Legal Tender Notes Issue Ordinance. The amendment replaced Standard Chartered Bank with its newly incorporated subsidiary - Standard Chartered Bank (Hong Kong) Ltd - as one of the note-issuing banks in Hong Kong. [REDACTED] [REDACTED] Banknotes circulated by
575-630: The three different note issuers, 2020 The Government, through the Hong Kong Monetary Authority, authorises three commercial banks to issue currency notes in Hong Kong: Authorisation is accompanied by a set of terms and conditions agreed on between the Government and the three note-issuing banks. In return for their right to issue notes and to provide backing for these notes, the three banks are legally required to hold non-interest bearing Certificates of Indebtedness (CI) issued by
600-496: The war, with the government issuing notes of 1, 5 and 10 cents and 1 dollar, and the three banks issuing notes of 5, 10, 50, 100 and 500 dollars. 1-dollar notes were replaced by coins in 1960, with only the 1-cent note issued by the government after 1965. In 1975, the 5-dollar notes were replaced by a coin, whilst 1,000-dollar notes were introduced in 1977. The Mercantile Bank was absorbed by HSBC in 1978 and ceased issuing notes. In 1985, 20-dollar notes were introduced, whilst, in 1993,
625-708: The world, the issue of banknotes is handled exclusively by a single central bank or government. The arrangements in Hong Kong are unusual but not unique, as a comparable system is used in the United Kingdom where seven commercial banks other than the Bank of England (the central bank of the UK) issue banknotes (three in Scotland and four in Northern Ireland ) and Macau where two banks issue banknotes . Hong Kong dollar banknotes in everyday circulation are issued in denominations of $ 10, $ 20, $ 50, $ 100, $ 500 and $ 1,000. Although it
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