Hong Kong Dollar in Qatari Rial

HKD Hong Kong Dollar

Country of application:
Hong kong, macau

Coin denominations in circulation:
10, 20, 50 cents, 1, 2, 5, 10 dollars.

Denominations of banknotes in circulation:
10, 20, 50, 100, 500, 1000 dollars.

History reference:
The Hong Kong dollar is the currency of Hong Kong (the full name of the Hong Kong Special Administrative Region of the Peoples Republic of China) - from 1895 to the present day in the forex market wi...th a break during World War II, when the military yen was introduced during the Japanese occupation. At its inception, the Hong Kong dollar was equal to 24.2611 grams of pure silver. After the abolition of the silver standard in 1935, the ratio was already established to the pound sterling at 1 dollar to 15 pence. Hong Kong dollars are also in circulation in the Administrative Region of Macau on a semi-legal basis. The fact is that quite a few Hong Kong residents come to Macau by ferry, especially on weekends. The pataca (Macau) exchange rate is equal to the HKD exchange rate, and therefore, outlets accept both Hong Kong dollars and pataca without any problems.

QAR Qatari Rial

Country of application:
Qatar

Coin denominations in circulation:
1, 5, 10, 25, 50 dirhams.

Denominations of banknotes in circulation:
1, 5, 10, 50, 100, 500 riyals.

History reference:
The Qatari rial has been the national currency and money of the State of Qatar from 1973 to the present. It replaced the riyal of Qatar and Dubai, after Dubai became part of the UAE. Until April 28, ...1959, the Indian rupee was in circulation in the country, until it was replaced by the Persian Gulf rupee issued for the countries of the Persian Gulf. The Gulf rupee was pegged to the Indian rupee and when the Indian rupee depreciated in 1965, the value of the Gulf rupee fell and then Qatar along with other Gulf countries decided to issue their own currency.