Historic Australian dollar Macanese pataca

Australian dollar macanese pataca history for January 2024. The highest quote for this month is 5.4039 (07/01/2024) and the lowest 5.4035 (06/01/2024). The difference between high and low is 0.01.

AUD MOP average rate for January 2024 is 5.26676, the change between 01/01/2024 and 31/01/2024 is +3.5 %.

01 January 20241 AUD = 5.38 MOP
02 January 20241 AUD = 5.37 MOP
03 January 20241 AUD = 5.32 MOP
04 January 20241 AUD = 5.29 MOP
05 January 20241 AUD = 5.27 MOP
06 January 20241 AUD = 5.40 MOP
07 January 20241 AUD = 5.40 MOP
08 January 20241 AUD = 5.27 MOP
09 January 20241 AUD = 5.28 MOP
10 January 20241 AUD = 5.26 MOP
11 January 20241 AUD = 5.28 MOP
12 January 20241 AUD = 5.27 MOP
13 January 20241 AUD = 5.39 MOP
14 January 20241 AUD = 5.39 MOP
15 January 20241 AUD = 5.26 MOP
16 January 20241 AUD = 5.23 MOP
17 January 20241 AUD = 5.20 MOP
18 January 20241 AUD = 5.16 MOP
19 January 20241 AUD = 5.18 MOP
20 January 20241 AUD = 5.31 MOP
21 January 20241 AUD = 5.31 MOP
22 January 20241 AUD = 5.19 MOP
23 January 20241 AUD = 5.17 MOP
24 January 20241 AUD = 5.18 MOP
25 January 20241 AUD = 5.18 MOP
26 January 20241 AUD = 5.18 MOP
27 January 20241 AUD = 5.29 MOP
28 January 20241 AUD = 5.29 MOP
29 January 20241 AUD = 5.18 MOP
30 January 20241 AUD = 5.20 MOP
31 January 20241 AUD = 5.19 MOP

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

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.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

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.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

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.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

08/06/1967: Link with Portuguese escudo reestablished

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

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

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.
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