Historic Algerian dinar Macanese pataca

Algerian dinar macanese pataca history for October 2023. The highest quote for this month is 0.059404 (28/10/2023) and the lowest 0.059401 (28/10/2023). The difference between high and low is 0.01.

DZD MOP average rate for October 2023 is 0.0578, the change between 01/10/2023 and 31/10/2023 is +1.44 %.

01 October 20231 DZD = 0.0588 MOP
02 October 20231 DZD = 0.0577 MOP
03 October 20231 DZD = 0.0574 MOP
04 October 20231 DZD = 0.0573 MOP
05 October 20231 DZD = 0.0573 MOP
06 October 20231 DZD = 0.0572 MOP
07 October 20231 DZD = 0.0588 MOP
09 October 20231 DZD = 0.0572 MOP
10 October 20231 DZD = 0.0574 MOP
11 October 20231 DZD = 0.0575 MOP
12 October 20231 DZD = 0.0576 MOP
13 October 20231 DZD = 0.0574 MOP
16 October 20231 DZD = 0.0573 MOP
17 October 20231 DZD = 0.0573 MOP
18 October 20231 DZD = 0.0573 MOP
19 October 20231 DZD = 0.0573 MOP
20 October 20231 DZD = 0.0574 MOP
21 October 20231 DZD = 0.0589 MOP
22 October 20231 DZD = 0.0589 MOP
23 October 20231 DZD = 0.0573 MOP
24 October 20231 DZD = 0.0575 MOP
25 October 20231 DZD = 0.0577 MOP
26 October 20231 DZD = 0.0577 MOP
27 October 20231 DZD = 0.0577 MOP
28 October 20231 DZD = 0.0594 MOP
29 October 20231 DZD = 0.0594 MOP
30 October 20231 DZD = 0.0578 MOP
31 October 20231 DZD = 0.0580 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.

20/12/2017: Devaluation of Algerian Dinar

The Algerian dinar was devalued again, as it faced economic challenges and low oil prices.

29/06/2014: 50th Anniversary of Algerian Dinar

Algeria celebrated the 50th anniversary of the introduction of the Algerian dinar as its national currency.

21/12/1999: Introduction of Euro-Dinar Exchange Rate

The euro-dinar exchange rate was introduced, replacing the French franc as the peg currency for the Algerian dinar.

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.

17/09/1994: Introduction of New Dinar

A new series of banknotes was introduced in Algeria, with the intent of stabilizing the currency and reducing inflation.

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.

10/11/1973: Devaluation of Algerian Dinar

The Algerian dinar was devalued by 30%, as a result of the global oil crisis and economic challenges faced by Algeria.

07/05/1971: Algerian Dinar Pegged to French Franc

The Algerian dinar was pegged to the French franc at a rate of 1 dinar to 1.20 francs, establishing a fixed exchange rate.

08/06/1967: Link with Portuguese escudo reestablished

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

01/10/1964: Introduction of Algerian Dinar

The Algerian dinar was introduced as the official currency of Algeria, replacing the French franc at a rate of 1 dinar to 100 francs.

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.

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.