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 $, or … see full wiki
Hong Kong was a special entity for a 100 year. Until July 1, 1997, it was leased to the British. The Chinese lost it during the Opium Wars. If we were to discuss that, it'd be a very long review. So, let's not. Technically, the Hong Kong Dollar (HKD, HK$) has been pegged to the US$ at some HK$7.80 (more or less) for as long as I can remember. It is still pegged to the dollar for now. Officially, it is expected to be pegged for another 36 … more
As with US$, one of the worse performers. So why do I rate is more favorably than the US$? Because of its potential and future. Right now, there is an opportunity in this currency which you might or might not take. For me though, I am waiting for that opportunity to realise within a span of 10 years.