Hong Kong Currency

Travelling to or living in Hong Kong? Managing your money shouldn’t be stressful. With TransferGo, you can send, spend, and exchange money affordably — so more of your money goes where it matters.

Use the GoCard in Hong Kong

Open a UK bank account with us and get a GoCard for smarter spending in Hong Kong. Pay in local shops, use ATMs globally, and enjoy contactless payments—all with zero hidden fees. Everything is managed from the app. Available only to UK and EU residents.

What is the currency in Hong Kong?

The official currency of Hong Kong is the Hong Kong dollar

The Hong Kong dollar replaced the silver tael in 1935. It is issued by the Hong Kong Monetary Authority and is pegged to the US dollar.

HKD, $

Banknotes

$10

$20

$50

$100

$500

$1,000

Coins

10

20

50 cents

$1

$2

$5

$10

How to spend money in Hong Kong

Cards are widely accepted in shops, restaurants, and public transport. Mobile payments like Alipay HK, WeChat Pay, and Octopus card are very popular. Cash is still useful for markets, small stalls, and taxis. ATMs are abundant across the city.

  • Tip: Always pay in the local currency to get the best exchange rate and avoid extra conversion charges.

Tips for exchanging money in Hong Kong

Exchange money at licensed banks or authorised bureaux for best rates.

Avoid airport kiosks; rates are less competitive.

Carry small notes for street food, markets, and minor transport fares.

With TransferGo, you can send money to Hong Kong or use your GoCard for seamless, cashless spending.

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For over a decade, TransferGo has made financial services faster, simpler, more affordable—and more accessible to those who need them most.

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Frequently asked questions

What is the official currency used in Hong Kong?

Hong Kong dollar (HKD).

What is the official currency used in Hong Kong?

Symbol: $ | Code: HKD

Can I use my home currency in Hong Kong?

Not generally; payments must be in HKD.

How can I use my GoCard in Hong Kong?

Just activate it in the app and start spending—online or in stores.

Is it better to use cash or card when spending in Hong Kong?

Cards and mobile payments are widely used; carry cash for small vendors.

Are credit or debit cards widely accepted in Hong Kong?

Yes, especially in urban areas and chain stores.

Are there ATMs available in Hong Kong, and are there withdrawal limits?

Yes, with limits depending on your bank.

Can I use a GoCard in Hong Kong?

Yes! You can use your GoCard for spending, withdrawing, or managing your money—with fair rates and no hidden fees.