Friday, June 3, 2011

Hong Kong 10 Dollars (2007) Polymer Note

The Hong Kong dollar is the currency of Hong Kong. It is the eighth 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 Hong Kong dollar is subdivided into 100 cents.

The Government, through the Hong Kong Monetary Authority (HKMA), authorises three commercial banks to issue currency notes in Hong Kong:

1. The Hongkong and Shanghai Banking Corporation Limited;
2. The Standard Chartered Bank (Hong Kong) Limited; and
3. The Bank of China (Hong Kong) Limited.

Notes are also issued by the HKMA itself.

This 10 dollar polymer note is issued by Hong Kong Monetary Authority. The HKMA issues the 10-dollar note and the other three banks issue denominations of 20 (blue), 50 (green), 100 (red), 500 (brown) and 1000 (gold) dollars.

Obverse: Geometric designs

Reverse: Geometric patterns

This particular $10 note is quite different from other currencies of the world. Issued in 2007 to mark the 10th anniversary of Hong Kong’s return to it’s motherland, these notes are plastic notes which have been printed on polymer material instead of paper, have better security features and are more durable lasting about four times as long as paper notes.

The beauty of this note lies in it’s futuristic design and the artwork.

Many thanks to Elaine H. from Hong Kong.