Historic Macanese pataca Algerian dinar

Macanese pataca algerian dinar history for November 2023. The highest quote for this month is 17.269 (01/11/2023) and the lowest 17.215 (01/11/2023). The difference between high and low is 0.31.

MOP DZD average rate for November 2023 is 17.03092, the change between 01/11/2023 and 30/11/2023 is +0.97 %.

01 November 20231 MOP = 17.21 DZD
02 November 20231 MOP = 17.22 DZD
03 November 20231 MOP = 17.21 DZD
06 November 20231 MOP = 17.28 DZD
07 November 20231 MOP = 17.06 DZD
08 November 20231 MOP = 17.05 DZD
09 November 20231 MOP = 17.11 DZD
10 November 20231 MOP = 17.12 DZD
12 November 20231 MOP = 16.70 DZD
13 November 20231 MOP = 17.13 DZD
14 November 20231 MOP = 17.06 DZD
15 November 20231 MOP = 16.97 DZD
16 November 20231 MOP = 17.04 DZD
17 November 20231 MOP = 17.05 DZD
18 November 20231 MOP = 16.70 DZD
19 November 20231 MOP = 16.70 DZD
20 November 20231 MOP = 17.14 DZD
21 November 20231 MOP = 17.02 DZD
22 November 20231 MOP = 17.03 DZD
23 November 20231 MOP = 17.07 DZD
24 November 20231 MOP = 17.05 DZD
26 November 20231 MOP = 16.65 DZD
27 November 20231 MOP = 17.11 DZD
28 November 20231 MOP = 17.02 DZD
29 November 20231 MOP = 17.05 DZD
30 November 20231 MOP = 17.04 DZD

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.

20/12/2017: Devaluation of Algerian Dinar

The Algerian dinar was devalued again, as it faced economic challenges and low oil prices.

29/06/2014: 50th Anniversary of Algerian Dinar

Algeria celebrated the 50th anniversary of the introduction of the Algerian dinar as its national currency.

21/12/1999: Introduction of Euro-Dinar Exchange Rate

The euro-dinar exchange rate was introduced, replacing the French franc as the peg currency for the Algerian dinar.

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.

17/09/1994: Introduction of New Dinar

A new series of banknotes was introduced in Algeria, with the intent of stabilizing the currency and reducing 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.

10/11/1973: Devaluation of Algerian Dinar

The Algerian dinar was devalued by 30%, as a result of the global oil crisis and economic challenges faced by Algeria.

07/05/1971: Algerian Dinar Pegged to French Franc

The Algerian dinar was pegged to the French franc at a rate of 1 dinar to 1.20 francs, establishing a fixed exchange rate.

08/06/1967: Link with Portuguese escudo reestablished

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

01/10/1964: Introduction of Algerian Dinar

The Algerian dinar was introduced as the official currency of Algeria, replacing the French franc at a rate of 1 dinar to 100 francs.

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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