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Money and costs

Currency
Dollars ($)
Exchange Rates
Rates provided by Open Exchange Rates. Last updated August 21, 2015 2:14PM UTC
Daily Costs
The following are average costs per day for Hong Kong; Macau is about 20% to 30% cheaper.
  • Guesthouse HK$150–HK$400
  • Meal at cha chaan tang (tea cafes) and dai pai dong (food stalls): HK$60–HK$150
  • Museum Wednesdays (free); night markets (free); horse races (HK$10)
  • Bus, tram, Star Ferry ticket: HK$2.50–HK$15
Budget (up to)
HK$700
  • Double room in a hostel or budget hotel: HK$550–HK$1000
  • Chinese dinner with three dishes: HK$300
  • Drinks and live music: HK$350
Midrange
HK$700–HK$1700
  • Boutique or four-star hotel double room: HK$2000
  • Dinner at top Chinese restaurant: from HK$800
  • Cantonese opera ticket: HK$400

The local currency is the Hong Kong dollar (HK$), which is divided into 100 cents. Bills are issued in denominations of HK$10, HK$20, HK$50, HK$100, HK$500 and HK$1000. There are little copper coins worth 10¢, 20¢ and 50¢, silver-coloured HK$1, HK$2 and HK$5 coins, and a nickel and bronze HK$10 coin.

Three local banks issue notes: HSBC (formerly the Hong Kong & Shanghai Bank), the Standard Chartered Bank and the Bank of China (all but the HK$10 bill).

Tipping

  • Hotels A HK$10 or HK$20 note for the porter; gratuity for cleaning staff at your discretion.

  • Restaurants Most eateries, except very cheap places, impose a10–15% service charge, but it is normal to still tip a little (under 5%) if you're happy with the experience. At budget joints, just rounding it off to the nearest HK$10 is fine.

  • Pubs and cafes Not expected unless table service is provided, then something under 5% of your bill.

  • Taxis Tips are never expected.