Rate Dolar Hong Kong HKD
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HKD/RON
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Fintech, cards and transfers — HKD
Fintech cards (Revolut, Wise, N26...), payment networks (Mastercard, Visa) and international transfer services for HKD/RON.
| Provider | Status | You buy HKD | You sell HKD | Spread | Category |
|---|---|---|---|---|---|
|
Wise
|
LIVE | 0.5831 | 0.5831 | 0.00% | card |
|
Mastercard
|
LIVE | 0.5795 | 0.5913 | 2.04% | network |
|
N26
↪EUR
|
LIVE | 0.5795 | 0.5913 | 2.04% | card |
|
Visa
|
LIVE | 0.5784 | 0.5924 | 2.42% | network |
|
Paysera
↪EUR
|
IBAN RO | 0.5766 | 0.5942 | 3.05% | card est. |
|
Monese
↪EUR
|
LIVE IBAN RO | 0.5737 | 0.5971 | 4.08% | card |
|
MoneyGram
|
LIVE | 0.5661 | 0.6047 | 6.82% | transfer |
|
Western Union
|
LIVE | 0.5649 | 0.6059 | 7.26% | transfer |
|
PayPal
↪EUR
|
LIVE | 0.5620 | 0.6088 | 8.33% | transfer |
Spread = half-spread relative to BNR. Services marked with ↪EUR perform double conversion via EUR when they lack direct RON support.
History HKD/RON (last 30 days)
| Week | Mon | Tue | Wed | Thu | Fri |
|---|
About Dolar Hong Kong (HKD)
The Hong Kong dollar (HKD) is the currency of the Hong Kong Special Administrative Region of China. Since 1983, it has operated under the Linked Exchange Rate System, pegged to the US dollar within a band of 7.75–7.85 HKD = 1 USD. It is one of the most traded currencies in the world (9th place according to BIS). Unusually, banknotes are issued by three commercial banks (HSBC, Standard Chartered, Bank of China Hong Kong), not directly by the central bank.
Country/Zone
Hong Kong (SAR China)
Central Bank
Hong Kong Monetary Authority (HKMA)
Symbol
HK$
Denominations
Banknotes: 10, 20, 50, 100, 500, 1000 HKD. Coins: 10, 20, 50 cents, 1, 2, 5, 10 HKD.
⚠ How to recognize counterfeit banknotes of HKD
1
Watermark: A watermark image visible against the light, specific to each issuing bank.
2
Security thread: An embedded security thread with microtext on high-value banknotes.
3
Color-shifting ink: Iridescent elements that change shade when tilted.
4
UV: Fluorescent fibers and elements visible under ultraviolet light.
Important: If you suspect you have a counterfeit banknote, do not try to use it. Take it to the nearest bank or police station.
Import/Export rules HKD — Romania and EU
↓
Import (entry into Romania)
Hong Kong does not impose restrictions on currency imports, but cash equivalent to at least 120,000 HKD must be declared at Hong Kong Customs. Hong Kong is outside the EU.
↑
Export (exit from Romania)
The same declaration threshold (~120,000 HKD) applies upon departure at Hong Kong Customs. At EU external borders, a declaration of 10,000 EUR equivalent is required.
EU
EU rules
Hong Kong is a third territory — mandatory declaration at EU external borders (10,000 EUR equivalent).
General EU rule: Any person entering or leaving the EU with cash amounts of 10,000 EUR or equivalent
must declare them at customs (EU Regulation 2018/1672). Non-declaration can lead to confiscation of the amount and fines.
Banknotes HKD in circulation
| Value | Size | Color | Theme / Portrait | Duration |
|---|---|---|---|---|
| 10 HKD | 138 x 70 | Purple/green | No portrait (cultural themes) | ~4 years |
| 20 HKD | 138 x 70 | Blue | No portrait (cultural themes) | ~3 years |
| 50 HKD | 143 x 73 | Green | No portrait (cultural themes) | ~4 years |
| 100 HKD | 148 x 75 | Red | No portrait (cultural themes) | ~5 years |
| 500 HKD | 153 x 78 | Brown | No portrait (cultural themes) | ~7 years |
| 1000 HKD | 163 x 81 | Gold/yellow | No portrait (cultural themes) | ~10 years |
Material
Cotton paper (10 HKD notes from 2007 are polymer)
Durability
20 HKD note wears out in ~3 years; 1000 HKD notes last ~10 years; 10 HKD polymer note lasts over 4 years
Coins HKD in circulation
| Value | Material | Weight | Diameter |
|---|---|---|---|
| 10 cenți | Brass-plated steel | 1.85g | 17.55mm |
| 20 cenți | Brass-plated steel | 2.59g | 19.0mm |
| 50 cenți | Brass-plated steel | 4.92g | 22.5mm |
| 1 HKD | Nickel-plated steel (cupronickel) | 7.1g | 25.5mm |
| 2 HKD | Cupronickel (reeded edge) | 8.41g | 28.0mm |
| 5 HKD | Cupronickel (thick) | 13.4g | 27.0mm |
| 10 HKD | Bimetallic (cupronickel ring + nickel-brass core) | 11.0g | 24.0mm |
🔍 Banknotes HKD easily confused
Same denomination from different banks
For the same value, three completely different designs circulate (HSBC, Standard Chartered, Bank of China HK) — can confuse visitors
TIP
All are legally valid; check the denomination and color, not the design: 20 (blue), 50 (green), 100 (red), 500 (brown), 1000 (gold)
50 HKD and 1000 HKD
Green (50) and gold/yellow (1000) can appear similar in low light, and the value difference is 20x
TIP
1000 HKD is visibly larger (163mm vs 143mm) and has a distinct golden hue
Monetary policy — Hong Kong Monetary Authority (HKMA)
Headquarters
Hong Kong
Founded
1993
Inflation target
HKMA does NOT target inflation — the primary objective is exchange rate stability (peg to USD)
Decision frequency
Base Rate adjusts automatically following Fed decisions; market interventions whenever the rate hits the band edges
Main tools
●
Linked Exchange Rate System (peg 7.75-7.85 HKD/USD)
●
Convertibility Undertakings (commitments to convert at band edges)
●
Base Rate aligned with the US Federal Reserve rate
●
Aggregate Balance management (banking system liquidity)
Independence: HKMA manages the peg; monetary policy de facto follows the US Federal Reserve due to the dollar peg
The role of HKD in the global economy
World reserves
Negligible (~0% of global foreign exchange reserves)
Daily volume
~$200 billion/day
SWIFT share
~1-1.5% of SWIFT payments
World rank
9th most traded currency in the world (BIS 2022)
Countries where HKD is the official currency
Hong Kong Special Administrative Region (China)
Also used in: Informally accepted in Macau alongside the pataca (MOP); the pataca is itself pegged to HKD
🛃 Cash transport limit HKD without declaration
No declaration
Below 120,000 HKD (~15,000 USD) equivalent
Declaration required
Over 120,000 HKD upon entry/exit from Hong Kong (Cross-boundary Movement of Physical Currency)
EU threshold of 10.000 EUR ≈ 89.530 HKD at today's BNR rate.
Regulation: Hong Kong Customs and Excise + EU Regulation 2018/1672 at EU borders
Penalties: Confiscation and fines
Penalties: Confiscation and fines
Advantages of HKD as a currency
✔
Global financial hub — one of the largest financial centers in Asia
✔
Stable peg to USD — low volatility against RON via the dollar
✔
One of the most liquid Asian currencies
✔
Strong and well-regulated banking system
💡 Fun facts about HKD
1
HKD is one of the few currencies in the world issued by private commercial banks (HSBC, Standard Chartered, Bank of China HK), not by a central bank; only the 10 HKD note is directly issued by the government
2
The peg to the US dollar has existed since 1983, within the band 7.75-7.85 HKD/USD — one of the longest-lasting fixed exchange rate systems in the world
3
The 10 HKD polymer banknote (2007) was Hong Kong's first plastic banknote
4
The Macanese pataca (MOP) is pegged to the HKD, not the other way around
5
Each issuing bank has its own design, so for the same denomination, three different banknote designs circulate
6
The HKMA, Hong Kong's de facto central bank, was only established in 1993 — relatively recently
⛓ Crypto and currency exchange regulation — Hong Kong (RAS China)
Crypto status
PERMITTED and regulated — Hong Kong has positioned itself as a crypto hub since 2023
Regulatory authority
Securities and Futures Commission (SFC) + HKMA
Exchange/currency exchange license
Mandatory VASP licensing regime for trading platforms (since June 2023); licensed platforms may also serve retail investors
Crypto taxation
No capital gains tax in Hong Kong; trading profits as a business activity may be taxable
AML / KYC
Strict AML/KYC rules in line with FATF standards
Unlike mainland China (where crypto is banned), Hong Kong has adopted a licensing regime since 2023 that allows regulated platforms to operate, including for retail investors, positioning itself as an Asian crypto hub
💰 How much does 1,000,000 HKD (~600,000 RON / ~120,000 EUR)?
Banknotes
1.000
banknotes of 1.000 HKD
Weight
1.1 kg
About the weight of a 1L water bottle — the large 1000 HKD note makes a million very compact
Volume
A stack ~11 cm high (1,000 banknotes of 1000 HKD)
Fits in a handbag or small briefcase
In 500 HKD notes: 2,000 banknotes, ~2.2 kg, ~22 cm high