Historic Macanese pataca Brazilian Real

Macanese pataca brazilian real history for December 2023. The highest quote for this month is 0.63258 (13/12/2023) and the lowest 0.629 (13/12/2023). The difference between high and low is 0.57.

MOP BRL average rate for December 2023 is 0.61821, the change between 01/12/2023 and 31/12/2023 is +3.64 %.

01 December 20231 MOP = 0.6262 BRL
02 December 20231 MOP = 0.6053 BRL
03 December 20231 MOP = 0.6064 BRL
04 December 20231 MOP = 0.6229 BRL
05 December 20231 MOP = 0.6280 BRL
06 December 20231 MOP = 0.6264 BRL
07 December 20231 MOP = 0.6234 BRL
08 December 20231 MOP = 0.6241 BRL
09 December 20231 MOP = 0.6126 BRL
10 December 20231 MOP = 0.6126 BRL
11 December 20231 MOP = 0.6214 BRL
12 December 20231 MOP = 0.6279 BRL
13 December 20231 MOP = 0.6317 BRL
14 December 20231 MOP = 0.6254 BRL
15 December 20231 MOP = 0.6255 BRL
16 December 20231 MOP = 0.6148 BRL
17 December 20231 MOP = 0.6148 BRL
18 December 20231 MOP = 0.6228 BRL
19 December 20231 MOP = 0.6237 BRL
20 December 20231 MOP = 0.6204 BRL
21 December 20231 MOP = 0.6255 BRL
22 December 20231 MOP = 0.6210 BRL
23 December 20231 MOP = 0.6029 BRL
24 December 20231 MOP = 0.6029 BRL
25 December 20231 MOP = 0.6184 BRL
26 December 20231 MOP = 0.6183 BRL
27 December 20231 MOP = 0.6108 BRL
28 December 20231 MOP = 0.6140 BRL
29 December 20231 MOP = 0.6131 BRL
31 December 20231 MOP = 0.6034 BRL

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.

15/08/2018: Elections and Political Uncertainty

The Real experienced significant volatility leading up to the Presidential elections, responding to political developments and market sentiment.

22/01/2015: Real Hits 10-Year Low

The Real reached its lowest level against the US dollar in a decade, primarily due to a decline in commodity prices and economic concerns.

15/09/2008: Global Financial Crisis Impact

As a consequence of the global financial crisis, the Brazilian Real faced a sharp depreciation against major currencies due to capital outflows and risk aversion.

27/07/2005: New Currency Symbol

The Central Bank of Brazil announced a public competition to select a new currency symbol, which resulted in the adoption of the official symbol for the Real.

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

15/01/1999: Devaluation of the Real

Due to the Russian financial crisis and the Asian financial crisis, the government devalued the Real by around 8% to boost exports and stimulate the economy.

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.

01/07/1994: Introduction of the Real Plan

The Brazilian real was established as the official currency, replacing the hyperinflation-ridden Cruzeiro Real. It aimed to stabilize the economy and combat 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.

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.
MOP BRL July 2023
MOP BRL August 2023
MOP BRL September 2023
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MOP BRL November 2023
MOP BRL December 2023
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