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A linked exchange rate system is a type of exchange rate regime that pegs the exchange rate of one currency to another. It is the exchange rate system implemented in Hong Kong to stabilise the exchange rate between the Hong Kong dollar (HKD) and the United States dollar (USD). The Macao pataca (MOP) is similarly linked to the Hong Kong dollar.
The Hong Kong dollar (Chinese: 港元, sign: HK$; code: HKD) is the official currency of Hong Kong. It is subdivided into 100 cents. Historically, it was also subdivided into 1000 mils. The Hong Kong Monetary Authority is the monetary authority of Hong Kong and the Hong Kong dollar.
This is a list of circulating fixed exchange rate currencies, ... Hong Kong dollar: U.S. dollar: 7.75-7.85 [2] Iranian rial: U.S. dollar: 42000~ Jersey pound: Pound ...
The tael is a legal weight measure in Hong Kong, and is still in active use. [2] In Hong Kong, one tael is 37.799364167 g, [2] and in ordinance 22 of 1884 is 1 + 1 ⁄ 3 oz. avoir. Similar to Hong Kong, in Singapore, one tael is defined as 1 + 1 ⁄ 3 ounce and is approximated as 37.7994 g [3]
List of nominal exchange rates. Graph showing the official exchange rate of 1 CNY to the US dollar between 1981 and 2009. Official historical average exchange rates of Renminbi. for major foreign currencies by year[8] (Chinese yuan per 100 foreign currency units) Year. USD.
v. t. e. This is a list of countries by their exchange rate regime. [1] De facto exchange-rate arrangements in 2022 as classified by the International Monetary Fund. Floating (floating and free floating) Soft pegs (conventional peg, stabilized arrangement, crawling peg, crawl-like arrangement, pegged exchange rate within horizontal bands) Hard ...