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Oddss & Ends --- Currency/Foreign Exchange/Taxes

Currency/Foreign Exchange/Taxes:

Hong Kong's currency is the Hong Kong dollar. As of 1999, the Hong Kong dollar is pegged to the U.S. dollar at HK$7.80 = US$1.00, with the rate being able to fluctuate by only 10 HK cents.

Traveler's checks are a safe way to carry money abroad. Visa, MasterCard, and American Express are widely accepted in Hong Kong. Note that the airport is probably the worst place to exchange currency for Hong Kong dollars. Most banks will do the exchange at a much better rate.

There is no sales tax in Hong Kong.


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