Historic Albanian lek Macanese pataca

Albanian lek macanese pataca history for January 2024. The highest quote for this month is 0.08618 (01/01/2024) and the lowest 0.08618 (01/01/2024). The difference between high and low is 0.

ALL MOP average rate for January 2024 is 0.08396, the change between 01/01/2024 and 31/01/2024 is +4.43 %.

01 January 20241 ALL = 0.0862 MOP
02 January 20241 ALL = 0.0862 MOP
03 January 20241 ALL = 0.0839 MOP
04 January 20241 ALL = 0.0837 MOP
05 January 20241 ALL = 0.0848 MOP
08 January 20241 ALL = 0.0842 MOP
09 January 20241 ALL = 0.0829 MOP
10 January 20241 ALL = 0.0844 MOP
11 January 20241 ALL = 0.0848 MOP
12 January 20241 ALL = 0.0852 MOP
15 January 20241 ALL = 0.0850 MOP
16 January 20241 ALL = 0.0851 MOP
17 January 20241 ALL = 0.0848 MOP
18 January 20241 ALL = 0.0828 MOP
19 January 20241 ALL = 0.0828 MOP
22 January 20241 ALL = 0.0846 MOP
23 January 20241 ALL = 0.0828 MOP
24 January 20241 ALL = 0.0826 MOP
25 January 20241 ALL = 0.0830 MOP
26 January 20241 ALL = 0.0825 MOP
29 January 20241 ALL = 0.0843 MOP
30 January 20241 ALL = 0.0821 MOP
31 January 20241 ALL = 0.0824 MOP

20/12/2019: Macao–Hong Kong Financial Cooperation Agreement signed

The Macau and Hong Kong authorities signed a financial cooperation agreement to strengthen monetary and financial stability, impacting the value and role of the Macanese pataca.

31/12/2011: Replacement of 1 Lek coin

The 1 lek coin was demonetized and replaced by a banknote. The decision was made due to the high cost of producing the coin.

08/02/2000: Introduction of new banknotes and coins

A new series of banknotes and coins were introduced, featuring enhanced security features and updated designs.

02/03/1997: Collapse of pyramid schemes

The collapse of pyramid schemes in Albania caused a severe economic crisis, resulting in hyperinflation and a significant devaluation of the lek.

08/05/1995: Currency board system implemented

Macau adopted a currency board system, establishing a fixed exchange rate between the Macanese pataca and the Hong Kong dollar.

26/06/1992: Transition to a market economy

Albania transitioned to a market economy, leading to a significant depreciation of the lek. The exchange rate changed to 1 lek = 9.3 old lek.

20/10/1977: Internationalization of the pataca

Macau allowed the international use and exchange of the Macanese pataca, strengthening its role as a stable and convertible currency.

08/06/1967: Link with Portuguese escudo reestablished

The Macanese pataca was once again pegged to the Portuguese escudo, ending the gold standard era.

01/10/1965: Introduction of the new lek

A new series of banknotes and coins were introduced, marking the transition to the new lek. The exchange rate was set at 1 new lek = 10 old lek.

18/06/1948: Gold standard introduced

The Macanese pataca switched to the gold standard, with its value pegged to gold coins. The gold standard lasted until 1967.

22/12/1947: Albania becomes a communist state

Following the establishment of a communist regime in Albania, the currency underwent a major devaluation, with the exchange rate changing to 1 lek = 12.5 old lek.

01/09/1926: Introduction of the Albanian lek

The lek was introduced as the official currency of Albania, replacing the previous currency, the Turkish lira. The exchange rate was set at 1 lek = 35 Turkish lira.

17/03/1906: Silver standard established

Macau adopted the silver standard for the pataca, linking its value to silver coins in circulation. This standard remained in place until 1948.

27/10/1901: Introduction of Macanese pataca

The Macanese pataca was first introduced as the official currency of Macau, replacing the Portuguese real. It was initially pegged to the Portuguese escudo.