Traditional Culture Encyclopedia - Traditional stories - How much yuan can be converted from 1 Hong Kong dollar

How much yuan can be converted from 1 Hong Kong dollar

According to the exchange rate on December 30, 2019, 1 HKD = 0.8970 CNY and 1 CNY = 1.1148 HKD.

Hong Kong's new banknotes come in five denominations: 1,000 Hong Kong dollars, 500 Hong Kong dollars, 100 Hong Kong dollars, 50 Hong Kong dollars and 20 Hong Kong dollars, with 15 versions to be issued by three banks.

I. Currency Conversion:

1HKD=0.129USD

1HKD=0.1418AUD

1HKD=0.1372CAD

1HKD=0.09713EUR

1HKD=0.08381POUND

1HKD=12.6615JPY

Second, the exchange rate calculation method:

1, the direct markup method:

Exchange rate appreciation and depreciation rate = (old exchange rate/new exchange rate-1)*100

2, the indirect markup method:

Exchange rate appreciation and depreciation rate = (new exchange rate/old exchange rate-1)*100

Expanded Information

100: Pearland Cantonese Rhythm depicts Cantonese opera, which was listed as an intangible cultural heritage by the United Nations in 2009. This long-established traditional culture is still loved by many young people.

$50: Butterfly Dance introduces Hong Kong's representative flora and fauna, including species commonly found in the city. The Swallowtail Butterfly is shown spreading its wings and perching on a large red flower in full bloom.

$20: Family tea and dim sum is an unusual leisure activity for Hong Kong families. Children offer tea to their elders to symbolize filial piety and show the Chinese tradition of respecting the elderly.

Baidu Encyclopedia - Hong Kong Dollar

State Administration of Foreign Exchange - Renminbi Exchange Rate Median Price