Historic Cayman Islands dollar Macanese pataca

Cayman Islands dollar macanese pataca history for January 2024. The highest quote for this month is 9.824 (13/01/2024) and the lowest 9.824 (13/01/2024). The difference between high and low is 0.

KYD MOP average rate for January 2024 is 9.69597, the change between 01/01/2024 and 31/01/2024 is -0.05 %.

01 January 20241 KYD = 9.65 MOP
02 January 20241 KYD = 9.65 MOP
03 January 20241 KYD = 9.65 MOP
04 January 20241 KYD = 9.64 MOP
05 January 20241 KYD = 9.64 MOP
06 January 20241 KYD = 9.81 MOP
07 January 20241 KYD = 9.81 MOP
08 January 20241 KYD = 9.65 MOP
09 January 20241 KYD = 9.64 MOP
10 January 20241 KYD = 9.65 MOP
11 January 20241 KYD = 9.66 MOP
12 January 20241 KYD = 9.66 MOP
13 January 20241 KYD = 9.82 MOP
14 January 20241 KYD = 9.82 MOP
15 January 20241 KYD = 9.66 MOP
16 January 20241 KYD = 9.66 MOP
17 January 20241 KYD = 9.67 MOP
18 January 20241 KYD = 9.66 MOP
19 January 20241 KYD = 9.66 MOP
20 January 20241 KYD = 9.82 MOP
21 January 20241 KYD = 9.82 MOP
22 January 20241 KYD = 9.66 MOP
23 January 20241 KYD = 9.66 MOP
24 January 20241 KYD = 9.66 MOP
25 January 20241 KYD = 9.66 MOP
26 January 20241 KYD = 9.65 MOP
27 January 20241 KYD = 9.82 MOP
28 January 20241 KYD = 9.82 MOP
29 January 20241 KYD = 9.65 MOP
30 January 20241 KYD = 9.65 MOP
31 January 20241 KYD = 9.65 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.

01/01/2010: Removal of 1 cent coin from circulation

Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

01/11/2007: Transition from Crown Dependencies to Overseas Countries and Territories

The Cayman Islands, including its currency, transitioned from being labeled as a Crown Dependency to an Overseas Country and Territory.

01/01/2001: Issuance of New Banknotes and Coins

New banknotes and coins with enhanced security features were introduced to combat counterfeiting.

01/01/1999: Introduction of Cayman Islands Currency Law

The Cayman Islands Currency Law was enacted to provide a legal framework for the issuance and regulation of the currency.

01/07/1997: Pegging of the Cayman Islands Dollar to the US Dollar

The Cayman Islands dollar was pegged to the US dollar at a fixed exchange rate of KYD 1.00 = USD 1.20.

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.

07/11/1974: Creation of the Cayman Islands Monetary Authority

The Cayman Islands Monetary Authority was established as the central bank responsible for regulating the currency and financial institutions.

01/01/1972: Introduction of Cayman Islands Dollar

The Cayman Islands dollar was first introduced as the official currency, replacing the Jamaican 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.

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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