Ghana Cedi macanese pataca exchange rate history (GHS MOP) August 2023

Ghana Cedi macanese pataca history for August 2023. The highest quote for this month is 0.73196 (12/08/2023) and the lowest 0.73195 (12/08/2023). The difference between high and low is 0.

GHS MOP average rate for August 2023 is 0.70491, the change between 01/08/2023 and 31/08/2023 is +1.72 %.

01 August 2023	1 GHS = 0.7047 MOP
02 August 2023	1 GHS = 0.7071 MOP
03 August 2023	1 GHS = 0.6993 MOP
04 August 2023	1 GHS = 0.7140 MOP
07 August 2023	1 GHS = 0.6971 MOP
08 August 2023	1 GHS = 0.7048 MOP
09 August 2023	1 GHS = 0.7034 MOP
10 August 2023	1 GHS = 0.7063 MOP
11 August 2023	1 GHS = 0.7026 MOP
12 August 2023	1 GHS = 0.7320 MOP
14 August 2023	1 GHS = 0.7056 MOP
15 August 2023	1 GHS = 0.7191 MOP
16 August 2023	1 GHS = 0.7161 MOP
17 August 2023	1 GHS = 0.7038 MOP
18 August 2023	1 GHS = 0.7038 MOP
20 August 2023	1 GHS = 0.7171 MOP
21 August 2023	1 GHS = 0.6981 MOP
22 August 2023	1 GHS = 0.7032 MOP
23 August 2023	1 GHS = 0.7043 MOP
24 August 2023	1 GHS = 0.7046 MOP
25 August 2023	1 GHS = 0.6985 MOP
28 August 2023	1 GHS = 0.6970 MOP
29 August 2023	1 GHS = 0.6941 MOP
30 August 2023	1 GHS = 0.6941 MOP
31 August 2023	1 GHS = 0.6925 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.

16/09/2019: Ghana Goes Cashless

The government launched the Ghana.Gov payment platform, aimed at promoting electronic payments and reducing cash transactions.

05/07/2012: GHS Symbol Change

The Bank of Ghana introduced a new currency symbol for the cedi, changing it from GHȼ to GHS.

03/07/2007: Decimals Dropped

The Bank of Ghana dropped four decimal places, making 1 new Ghanaian cedi = 1 GHȼ.

01/07/2002: Replacement of New Cedi

The new Ghanaian cedi, denoted as GHC, replaced the second cedi at a rate of 1 cedi = 10,000 cedis.

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.

17/07/1978: Second Cedi Introduced

Due to high inflation, the second Ghanaian cedi was introduced with a new currency code, GHS.

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.

19/07/1965: Cedi Introduced

The Ghanaian pound was replaced by the Ghanaian cedi at a rate of 1 pound = 2.4 cedis, symbolizing economic independence.

06/03/1957: Ghana's Independence

Ghana gained independence from British colonial rule, leading to the introduction of the Ghanaian pound as its currency.

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.

Historic Ghana Cedi Macanese pataca