Historic Barbadian dollar Macanese pataca

Barbadian dollar macanese pataca history for October 2023. The highest quote for this month is 4.033 (07/10/2023) and the lowest 4.033 (07/10/2023). The difference between high and low is 0.

BBD MOP average rate for October 2023 is 4.00087, the change between 01/10/2023 and 31/10/2023 is +1.06 %.

01 October 20231 BBD = 4.033 MOP
02 October 20231 BBD = 3.995 MOP
03 October 20231 BBD = 3.992 MOP
04 October 20231 BBD = 3.990 MOP
05 October 20231 BBD = 3.995 MOP
06 October 20231 BBD = 3.994 MOP
07 October 20231 BBD = 4.033 MOP
08 October 20231 BBD = 4.033 MOP
09 October 20231 BBD = 3.995 MOP
10 October 20231 BBD = 3.995 MOP
11 October 20231 BBD = 3.989 MOP
12 October 20231 BBD = 3.989 MOP
13 October 20231 BBD = 3.990 MOP
16 October 20231 BBD = 3.992 MOP
17 October 20231 BBD = 3.988 MOP
18 October 20231 BBD = 3.991 MOP
19 October 20231 BBD = 3.993 MOP
20 October 20231 BBD = 3.992 MOP
21 October 20231 BBD = 4.029 MOP
22 October 20231 BBD = 4.029 MOP
23 October 20231 BBD = 3.991 MOP
24 October 20231 BBD = 3.992 MOP
25 October 20231 BBD = 3.991 MOP
26 October 20231 BBD = 3.990 MOP
27 October 20231 BBD = 3.990 MOP
28 October 20231 BBD = 4.028 MOP
29 October 20231 BBD = 4.028 MOP
30 October 20231 BBD = 3.990 MOP
31 October 20231 BBD = 3.990 MOP

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

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.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

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.

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.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

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.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.

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.