Historic Jamaican Dollar Macanese pataca

Jamaican Dollar macanese pataca history for December 2023. The highest quote for this month is 0.052366 (24/12/2023) and the lowest 0.052591 (23/12/2023). The difference between high and low is -0.43.

JMD MOP average rate for December 2023 is 0.05142, the change between 01/12/2023 and 31/12/2023 is -0.78 %.

01 December 20231 JMD = 0.0511 MOP
02 December 20231 JMD = 0.0521 MOP
03 December 20231 JMD = 0.0521 MOP
04 December 20231 JMD = 0.0514 MOP
05 December 20231 JMD = 0.0513 MOP
06 December 20231 JMD = 0.0513 MOP
07 December 20231 JMD = 0.0511 MOP
08 December 20231 JMD = 0.0510 MOP
10 December 20231 JMD = 0.0521 MOP
11 December 20231 JMD = 0.0511 MOP
12 December 20231 JMD = 0.0510 MOP
13 December 20231 JMD = 0.0511 MOP
14 December 20231 JMD = 0.0511 MOP
15 December 20231 JMD = 0.0511 MOP
16 December 20231 JMD = 0.0520 MOP
17 December 20231 JMD = 0.0520 MOP
18 December 20231 JMD = 0.0510 MOP
19 December 20231 JMD = 0.0511 MOP
20 December 20231 JMD = 0.0512 MOP
21 December 20231 JMD = 0.0512 MOP
22 December 20231 JMD = 0.0511 MOP
23 December 20231 JMD = 0.0524 MOP
24 December 20231 JMD = 0.0524 MOP
25 December 20231 JMD = 0.0513 MOP
26 December 20231 JMD = 0.0513 MOP
27 December 20231 JMD = 0.0513 MOP
28 December 20231 JMD = 0.0513 MOP
29 December 20231 JMD = 0.0515 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.

16/03/2015: Bank of Jamaica Act

The Bank of Jamaica Act was passed, granting the central bank greater autonomy in executing monetary policy and promoting financial stability.

12/02/2013: Currency devaluation

To stabilize the economy, the Jamaican Dollar was devalued by approximately 16.5% against major currencies.

28/11/2010: IMF agreement

Jamaica reached an agreement with the International Monetary Fund (IMF) for a financial support program to address economic challenges.

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.

30/04/1994: Foreign exchange liberalization

Jamaica lifted restrictions on foreign exchange, allowing for more flexible trade and investment opportunities.

25/03/1991: JMD devaluation

Due to economic pressures, the Jamaican Dollar was devalued by 33.3%, leading to an increase in the exchange rate.

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.

05/08/1971: Currency decimalization

Jamaica decimalized its currency, dividing the Jamaican Dollar into 100 cents instead of 20 shillings.

07/02/1969: Jamaican Dollar introduced

The Jamaican Dollar (JMD) was introduced as the official currency of Jamaica, replacing the Jamaican pound.

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.
JMD MOP August 2023
JMD MOP September 2023
JMD MOP October 2023
JMD MOP November 2023
JMD MOP December 2023
JMD MOP January 2024
JMD MOP February 2024
JMD MOP March 2024
JMD MOP April 2024
JMD MOP May 2024
JMD MOP June 2024
JMD MOP July 2024
JMD MOP August 2024