Historic Macanese pataca Barbadian dollar

Macanese pataca barbadian dollar history for August 2023. The highest quote for this month is 0.25136 (01/08/2023) and the lowest 0.25155 (02/08/2023). The difference between high and low is -0.08.

MOP BBD average rate for August 2023 is 0.25037, the change between 01/08/2023 and 31/08/2023 is +0.62 %.

01 August 20231 MOP = 0.2514 BBD
02 August 20231 MOP = 0.2515 BBD
03 August 20231 MOP = 0.2514 BBD
04 August 20231 MOP = 0.2511 BBD
07 August 20231 MOP = 0.2510 BBD
08 August 20231 MOP = 0.2511 BBD
09 August 20231 MOP = 0.2510 BBD
10 August 20231 MOP = 0.2508 BBD
11 August 20231 MOP = 0.2508 BBD
12 August 20231 MOP = 0.2484 BBD
14 August 20231 MOP = 0.2508 BBD
15 August 20231 MOP = 0.2508 BBD
16 August 20231 MOP = 0.2506 BBD
17 August 20231 MOP = 0.2504 BBD
18 August 20231 MOP = 0.2504 BBD
20 August 20231 MOP = 0.2479 BBD
21 August 20231 MOP = 0.2503 BBD
22 August 20231 MOP = 0.2502 BBD
23 August 20231 MOP = 0.2501 BBD
24 August 20231 MOP = 0.2500 BBD
25 August 20231 MOP = 0.2500 BBD
28 August 20231 MOP = 0.2499 BBD
29 August 20231 MOP = 0.2499 BBD
30 August 20231 MOP = 0.2498 BBD
31 August 20231 MOP = 0.2498 BBD

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

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.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

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.

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.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

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.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.

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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