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Hong Kong was a dependent territory of the United Kingdom from 1842 until the transfer of its sovereignty to the People's Republic of China in 1997. Even so, Hong Kong maintains its own monetary system.
A variety of currencies circulated in China during the Republic of China era, most of which were denominated in the unit 'yuan'. In 1948 the People's Bank of China issued a unified currency known as the Renminbi or 'people's currency'. Yuan in Chinese literally means a 'round object' or 'round coin'.
1 HKD = 0.8128 CNY
Hong Kong DollarChinese Yuan