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HKD ( RON)
Hong Kong dollar ( New Romanian leu)

HKD - RON - Cursul.EU - Currency Exchange Rates - EUR / RON / USD - Curs Schimb Valutar, New Romanian leu, Hong Kong dollar

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Reference EUR USD JPY BGN CYP CZK DKK EEK GBP HUF LTL LVL MTL PLN ROL RON SEK SIT SKK CHF ISK NOK HRK RUB TRL TRY AUD BRL CAD CNY HKD IDR KRW MXN MYR NZD PHP SGD THB ZAR

Hong Kong dollar New Romanian leu
The Hong Kong dollar (sign: $; code: HKD) is the currency of Hong Kong. It is the 9th most traded currency in the world. In English, it is normally abbreviated with the dollar sign $, or alternatively HK$ to distinguish it from other dollar-denominated currencies. The dollar is subdivided into 100 cents.

In 1967, when sterling was devalued, the dollar's peg to the pound was increased from 1 shilling 3 pence to 1 shilling 4½ pence (14.5455 dollars = 1 pound) although this did not entirely offset the devaluation. In 1972, the Hong Kong dollar was pegged to the U.S. dollar at a rate of 5.65 H.K. dollar = 1 U.S. dollar. This was revised to 5.085 H.K. dollar = 1 U.S. dollar in 1973. Between 1974 and 1983, the Hong Kong dollar floated. On 17 October 1983, the currency was pegged at a rate of 7.8 H.K. dollar = 1 U.S. dollar, through the currency board system.

As of 18 May 2005, in addition to the lower guaranteed limit, a new upper guaranteed limit was set for the Hong Kong dollar at 7.75 to the USD. The lower limit will be lowered from 7.80 to 7.85 in five weeks, by 100 pips (0.01) each week. The Hong Kong Monetary Authority indicated this move is to narrow the gap between the interest rates in Hong Kong and those of the United States. A further aim of allowing the Hong Kong dollar to trade in a range is to avoid the HK dollar being used as a proxy for speculative bets on a renminbi revaluation.

The Basic Law of Hong Kong and the Sino-British Joint Declaration provides that Hong Kong retains full autonomy with respect to currency issuance. Currency in Hong Kong is issued by the Government and three local banks under the supervision of the territory's de facto central bank, the Hong Kong Monetary Authority. Bank notes are printed by Hong Kong Note Printing Limited. The Hong Kong dollar is widely accepted in southern parts of mainland China and Macau.

In 1960, cupro-nickel 1 dollar coins were introduced, these were reduced in size in 1978. These were followed in 1975 by nickel-brass 20 cents and cupro-nickel 2 dollars (both scallop shaped), and in 1976 by decagonal, cupro-nickel 5 dollars, changed to a round thicker shape in 1980. The 5 cent was last issued in 1979, but last struck in 1988. In 1994, a bimetallic 10 dollar coin was introduced.

Starting in 1993, prior to the establishment of the SAR, coins with Queen Elizabeth II's portrait were gradually withdrawn from circulation. Most of the notes and coins in circulations feature Hong Kong's Bauhinia blakeana flower or other symbols. Coins with the Queen's portrait are still legal tender and can be seen, but these are slowly being phased out.

In 1945, paper money production resumed essentially unaltered from before the war, with the government issuing 1, 5 and 10 cents, and 1 dollar notes, and the three banks issuing 5, 10, 50, 100 and 500 dollar notes. 1 dollar notes were replaced by coins in 1960, with only the 1 cent note issued by the government after 1965.

In 1975, the 5 dollar notes were replaced by a coin, whilst 1000 dollar notes were introduced in 1977. The Mercantile Bank was absorbed by the HSBC in 1978 and ceased issuing notes. In 1985, 20 dollar notes were introduced, whilst, in 1993, a 10 dollar coin was introduced and the banks stopped issuing 10 dollar notes. In 1994, the Hong Kong Monetary Authority (HKMA), gave authority to the Bank of China to issue notes.

After a less-than-successful trial from 1994 to 2002 to move the 10-dollar denomination from the banknote format (issued by the banks) to the coin format (Government-issued), 10 dollar banknotes are currently the only denomination issued by the HKMA, having acquired the note printing plant at Tai Po from the De La Rue Group of the UK on behalf of the Government. The older 10-dollar banknotes are, although rare and being phased out, still circulating.

A commemorative polymer ten dollar note was issued in July 2007 to commemorate the 10th anniversary of Hong Kong's return to China. The new note will circulate along with other 10 dollar issues for a trial period of two years, though the initial batch released was largely snapped up by collectors.
The leu ([lew], plural: lei [lej]; ISO 4217 code RON; numeric code 946) is the currency of Romania. It is subdivided into 100 bani (singular: ban). On 1 July 2005, Romania underwent a currency reform, switching from the previous leu (ROL) to a new leu (RON). 1 RON is equal to 10,000 ROL.

Romania joined the European Union on 1 January 2007 and it is expected to adopt the euro in 2014.

On August 15, 1947, a revaluation took place, with a new leu replacing the old one at a rate of 20,000 old lei = 1 new leu. This revaluation, called a monetary reform or stabilisation measure (mica stabilizare, marea stabilizare), was carried out by the Communist authorities with absolutely no advance warning and without the possibility to exchange more than a fixed amount of money for the new currency. This was done in order to depose the former middle and upper classes of their last assets, after nationalization, to prepare for collectivization and to finalize the installation of communism. At the time of its introduction, 150 new lei equalled 1 U.S. dollar.

In the 1990s, after the downfall of communism, inflation ran high due to reform failures, the legalization of owning foreign currency in 1990, and the bankrupt policies of the former communist era, reaching rates as high as 300% per year in 1993. By September 2003, one euro was exchanged for more than 40,000 lei, this being its peak value. Following a number of successful monetary policies in the late 1990s and early 2000s, the situation became gradually more stable, with one digit inflation in 2005.

The Romanian leu briefly held the dubious distinction of being the world's least valued currency unit, from January (when the Turkish lira dropped six zeros) to July 2005. However, the 1,000,000 lei bill was not the highest Romanian denomination ever. This distinction belongs to the 5 million lei bill from 1947.

On 1 July 2005, the leu was revalued at the rate of 10,000 "old" lei (ROL) for one "new" leu (RON), thus psychologically bringing the purchasing power of the leu back in line with those of other major Western currencies. The term chosen for the action was "denominare", similar to the English "denomination", to signify not a conversion, but rather a total reinvention.

The first day brought difficulties adjusting to the new paper currencies and closed ATMs (that needed reprogramming) and forcing a new calculation habit that slowed down shops and annoyed some salespeople and shoppers. The old ROL currency banknotes remained in circulation until December 31, 2006 (coins remained in circulation only until December 31, 2005), but all accounts have been converted starting July 1, 2005. There is no conversion time limit between the currencies. Retailers had to display prices in both old and new currency from March 1, 2005 until June 30, 2006. The appreciation of the leu during 2005 was about 20% against a basket of major currencies.

As of 2006, the revaluation is a potential source of confusion, especially to visitors, since both old and new currency values are commonly quoted. When written, the very large amounts in old currency are usually obvious, but in speaking inhabitants might refer to an amount of 5 new lei as simply "fifty" in reference to its value 50,000 old lei.

In 1952, coins were introduced in denominations of 1, 3, 5, 10 and 25 bani, with the 1, 3 and 5 struck in aluminium bronze and the others in cupro-nickel. In 1955, cupro-nickel 50 bani were added.

In 1960, a new coinage was introduced, consisting of 15 and 25 bani, with 5 bani, 1 and 3 lei coins added in 1963. All were struck in nickel-clad steel. In 1975, aluminium replaced steel in the 5 and 15 bani, with the same change happening for the 25 bani in 1982. Aluminium 5 lei were introduced in 1978.

Following the end of the communist regime, a new coinage was introduced between 1990 and 1992, consisting of 1 leu in bronze clad steel, 5 and 10 lei in nickel plated steel, 20 and 50 lei in brass clad steel and nickel plated steel 100 lei.

As inflation took its toll, 500, 1000 and 5000 lei coins were introduced in 1999, 2000 and 2001, respectively, and were the only coins circulating when the revaluation occurred. They were all criticized for being clumsy and difficult to use. The 500 lei coins were very thick (about 0.3 cm). Despite their small value, it took only a handful of such coins to fill one's pocket. They were also made of poor material and could be occasionally found with bite marks. The 1000 lei coin was considered too small and was also cheaply made, and the 5000 lei coin was not circular (it was a dodecagon). This made it awkward to handle and difficult to use in slot machines, where it was frequently the only coin accepted. The 500, 1000 and 5000 lei coins became worth 5, 10 and 50 bani with the revaluation.

In 1952, the Ministry of Finance introduced notes for 1, 3 and 5 lei, and the Banca Republicii Populare Romane introduced 10, 25 and 100 lei notes. In 1966, the Banca Nationala a Republicii Socialiste Romania took over the production of all paper money, issuing notes for 1, 3, 5, 10, 25, 50 and 100 lei.

In 1991, 500 and 1000 lei notes were introduced, followed by 200 and 5000 lei notes in 1992, 10,000 lei in 1994, 50,000 lei in 1996, 100,000 lei in 1998, 500,000 lei in 2000 and 1 million lei in 2003. There was also a 2000 lei note, introduced in 1999; it celebrated the total solar eclipse that occurred on August 11th, 1999. The final issues of the 2000, 10,000, 50,000, 100,000, 500,000 and 1 million lei were polymer notes.

Notes in circulation at the revaluation were:

* 10,000 lei (became 1 leu)
* 50,000 lei (became 5 lei)
* 100,000 lei (became 10 lei)
* 500,000 lei (became 50 lei)
* 1,000,000 lei (became 100 lei)

In 2005, polymer notes were introduced for 1, 5, 10, 50, 100 and 500 lei. 200 lei notes were added in 2006. The designs of the 1, 5, 10, 50 and 100 lei notes are based on those of the earlier 10,000, 50,000, 100,000, 500,000 and 1 million lei notes which they replaced. The 10 lei bill was redesigned in November 2008 (most of the graphic elements are identical, some of the safety elements were withdrawn, making its safety degree similar the the lower values of 1 leu and 5 lei bills).

Common typos for 'Hong Kong dollar': hong koong dollar, hon-gkong dollar, ho-ng kong dollar, hong kon gdollar, hong kongdolar, hong kong dolalr, hong k-ong dollar, hong kong oll ar, h-ong kong dolalr, hong kongd olllar, hon kong dollar, hong kong ollar, hong kog dollar, hon gkong dollar, hong kong dollr, hong kong do llar, hong kong ddollar, hong kon dollar, hoong kong dol-lar, hong knog dpllar, honng kong dolllar, hong kong dolar, hong knog -dollar, hong ko ng dollar, hong kong dolla, hong kong dillar, hongkong dollar, hhoong kong dollar, hobg kong dolla r, hon gkoong dollar, honng kong doollar, hong kong do-l-lar, hong kong do-llar, hng kong dollar, hong k9ng -dollar, hong kng dolpar, hong kong 0dollar, hong konv dollar, hong ko-ng dollar, hog -kong dollar, hong kong rolla r, hong kong dol-lqr, hong ong dollar, hong kong dol-lar, hong kongg dollar, hong kong collar, hongkongg dollar, honng kongg dollar, h ong kong dolpar. More Hong Kong dollar Typos...

Common typos for 'New Romanian leu': n ew romanian leu, new romanian leeu, neew romanian leu, newromanian leu, new mroanian leu, ne romanian leu, new -rmanian leu, ne wromaian leu, new rojani an leu, jew omanian leu, n w romanian leu, new romanin le, new romanianl eu, new romannian -leu, new r-omanian leu, new romanian le u, new romanin leu, new romaanian eu, new rmania leu, new romanian -le7, nnew romanian -leu, nw roomanian leu, new roanian elu, new rromanian leu, new rmanian leu, ne-w romanian le-u, new romania leu, neew romanian leuu, new rommanian leu, new romaniwn leu, new romanain leu, new ronmaian leu, new rokanian leu, new roman ian leu, new- omanian leu, hew romaniann leu, new ro-manian leu, new r-omanian lleu, new romwnian leu, neww romanian leu, new romaniqn leu, new romaniaanl eu, new romannian leu, new romaniaan peu, new romanian ley, new romanian l-eu, new romani an leu, new- romanian leu, nnew romanian leu, ne romania nleu. More New Romanian leu Typos...

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