Historic Colombian Peso Macanese pataca

Colombian Peso macanese pataca history for December 2023. The highest quote for this month is 0.00206 (24/12/2023) and the lowest 0.002068 (23/12/2023). The difference between high and low is -0.39.

COP MOP average rate for December 2023 is 0.002, the change between 01/12/2023 and 31/12/2023 is -4.14 %.

01 December 20231 COP = 0.0020 MOP
02 December 20231 COP = 0.0020 MOP
03 December 20231 COP = 0.0020 MOP
04 December 20231 COP = 0.0020 MOP
05 December 20231 COP = 0.0020 MOP
06 December 20231 COP = 0.0020 MOP
07 December 20231 COP = 0.0020 MOP
08 December 20231 COP = 0.0020 MOP
10 December 20231 COP = 0.0020 MOP
11 December 20231 COP = 0.0020 MOP
12 December 20231 COP = 0.0020 MOP
13 December 20231 COP = 0.0020 MOP
14 December 20231 COP = 0.0020 MOP
15 December 20231 COP = 0.0020 MOP
16 December 20231 COP = 0.0020 MOP
17 December 20231 COP = 0.0020 MOP
18 December 20231 COP = 0.0020 MOP
19 December 20231 COP = 0.0020 MOP
20 December 20231 COP = 0.0020 MOP
21 December 20231 COP = 0.0020 MOP
22 December 20231 COP = 0.0020 MOP
23 December 20231 COP = 0.0021 MOP
24 December 20231 COP = 0.0021 MOP
25 December 20231 COP = 0.0020 MOP
26 December 20231 COP = 0.0020 MOP
27 December 20231 COP = 0.0020 MOP
28 December 20231 COP = 0.0021 MOP
29 December 20231 COP = 0.0020 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.

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

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.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high 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.

08/06/1967: Link with Portuguese escudo reestablished

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

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

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.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.
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