Historic Azerbaijani manat Macanese pataca

Azerbaijani manat macanese pataca history for November 2023. The highest quote for this month is 4.6498 (07/11/2023) and the lowest 4.6272 (01/11/2023). The difference between high and low is 0.49.

AZN MOP average rate for November 2023 is 4.61601, the change between 01/11/2023 and 30/11/2023 is +0.21 %.

01 November 20231 AZN = 4.630 MOP
06 November 20231 AZN = 4.595 MOP
07 November 20231 AZN = 4.633 MOP
13 November 20231 AZN = 4.606 MOP
14 November 20231 AZN = 4.626 MOP
15 November 20231 AZN = 4.622 MOP
16 November 20231 AZN = 4.626 MOP
17 November 20231 AZN = 4.623 MOP
20 November 20231 AZN = 4.596 MOP
21 November 20231 AZN = 4.614 MOP
22 November 20231 AZN = 4.615 MOP
23 November 20231 AZN = 4.614 MOP
24 November 20231 AZN = 4.621 MOP
27 November 20231 AZN = 4.601 MOP
28 November 20231 AZN = 4.615 MOP
29 November 20231 AZN = 4.615 MOP
30 November 20231 AZN = 4.621 MOP

31/12/2020: Digital Currency Pilot

Azerbaijan launched a pilot program to test the use of a digital currency, the digital manat, in an effort to modernize its financial system.

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: Second Devaluation

The manat faced another devaluation, this time by around 30%, due to economic challenges and a sharp drop in oil prices.

20/12/2015: Devaluation

The manat was devalued by more than 30% against the US dollar in response to falling oil prices.

20/02/2005: Pegged to US Dollar

The Azerbaijani manat was pegged to the US dollar at a rate of 1.6 manat per dollar.

14/06/2001: Currency Reform

A currency reform was implemented, resulting in a new manat with a higher exchange rate.

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.

31/12/1993: Hyperinflation

Azerbaijan experienced a period of hyperinflation, leading to the devaluation of the manat.

14/08/1992: Introduction of Manat

The Azerbaijani manat currency was introduced as the official currency of Azerbaijan, replacing the Soviet ruble.

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.

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.