Historic Guinean franc Macanese pataca

Guinean franc macanese pataca history for December 2023. The highest quote for this month is 0.000946 (10/12/2023) and the lowest 0.000953 (23/12/2023). The difference between high and low is -0.74.

GNF MOP average rate for December 2023 is 0.00093, the change between 01/12/2023 and 31/12/2023 is -1.3 %.

01 December 20231 GNF = 0.0009 MOP
02 December 20231 GNF = 0.0009 MOP
03 December 20231 GNF = 0.0009 MOP
04 December 20231 GNF = 0.0009 MOP
05 December 20231 GNF = 0.0009 MOP
06 December 20231 GNF = 0.0009 MOP
07 December 20231 GNF = 0.0009 MOP
08 December 20231 GNF = 0.0009 MOP
10 December 20231 GNF = 0.0009 MOP
11 December 20231 GNF = 0.0009 MOP
12 December 20231 GNF = 0.0009 MOP
13 December 20231 GNF = 0.0009 MOP
14 December 20231 GNF = 0.0009 MOP
15 December 20231 GNF = 0.0009 MOP
16 December 20231 GNF = 0.0009 MOP
17 December 20231 GNF = 0.0009 MOP
18 December 20231 GNF = 0.0009 MOP
19 December 20231 GNF = 0.0009 MOP
20 December 20231 GNF = 0.0009 MOP
21 December 20231 GNF = 0.0009 MOP
22 December 20231 GNF = 0.0009 MOP
23 December 20231 GNF = 0.0009 MOP
24 December 20231 GNF = 0.0009 MOP
25 December 20231 GNF = 0.0009 MOP
26 December 20231 GNF = 0.0009 MOP
27 December 20231 GNF = 0.0009 MOP
28 December 20231 GNF = 0.0009 MOP
29 December 20231 GNF = 0.0009 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.

30/06/2015: Demonetization of old Guinean franc banknotes

The old series of Guinean franc banknotes, denominated in 'Syli,' ceased to be legal tender, and only the new franc banknotes remained in circulation.

26/09/2012: Introduction of new Guinean franc coins

New coins denominated in the Guinean franc were introduced, replacing the previously used Guinean syli coins.

30/06/2010: Revaluation of the Guinean franc

The Guinean franc underwent a revaluation, with 1 new franc being equivalent to 10,000 old francs.

30/06/1997: Introduction of new Guinean franc

A new series of Guinean franc banknotes, denominated in 'Syli,' was introduced as a replacement for the previous currency.

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.

30/11/1985: Devaluation of the Guinean franc

The Guinean franc was devalued by 50%, leading to an economic crisis and 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.

31/05/1971: Redenomination of the Guinean franc

The Guinean franc underwent a redenomination, with 1 new franc being equivalent to 10 old francs.

08/06/1967: Link with Portuguese escudo reestablished

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

01/10/1959: Introduction of Guinean franc

The Guinean franc was introduced as the official currency of Guinea following its independence from France.

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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