Historic Macanese pataca Burundian Franc

Macanese pataca burundian franc history for December 2023. The highest quote for this month is 360.3 (20/12/2023) and the lowest 359.36 (20/12/2023). The difference between high and low is 0.26.

MOP BIF average rate for December 2023 is 357.47143, the change between 01/12/2023 and 31/12/2023 is +0.41 %.

01 December 20231 MOP = 359.3 BIF
02 December 20231 MOP = 351.5 BIF
03 December 20231 MOP = 351.5 BIF
04 December 20231 MOP = 358.4 BIF
05 December 20231 MOP = 358.9 BIF
06 December 20231 MOP = 359.1 BIF
07 December 20231 MOP = 359.0 BIF
08 December 20231 MOP = 359.6 BIF
10 December 20231 MOP = 351.9 BIF
11 December 20231 MOP = 358.6 BIF
12 December 20231 MOP = 359.8 BIF
13 December 20231 MOP = 358.8 BIF
14 December 20231 MOP = 358.6 BIF
15 December 20231 MOP = 360.2 BIF
16 December 20231 MOP = 352.3 BIF
17 December 20231 MOP = 352.3 BIF
18 December 20231 MOP = 359.0 BIF
19 December 20231 MOP = 360.3 BIF
20 December 20231 MOP = 360.9 BIF
21 December 20231 MOP = 360.2 BIF
22 December 20231 MOP = 360.1 BIF
23 December 20231 MOP = 351.9 BIF
24 December 20231 MOP = 352.1 BIF
25 December 20231 MOP = 358.7 BIF
26 December 20231 MOP = 359.0 BIF
27 December 20231 MOP = 359.2 BIF
28 December 20231 MOP = 360.0 BIF
29 December 20231 MOP = 357.8 BIF

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.

29/06/2018: East African Community Currency Integration

Burundi joins the East African Community (EAC) currency integration, paving the way for a future unified currency within the region.

17/10/2011: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs are introduced in denominations of 500, 1000, 2000, 5000, and 10,000 Francs.

30/06/2003: Second Currency Revaluation

The Burundian Franc undergoes another significant devaluation as part of the second currency revaluation program.

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.

30/04/1995: Printing of Banknotes

The first locally printed banknotes, issued in denominations of 10, 20, 50, 100, 500, 1000, and 5000 Francs, are circulated.

20/10/1990: Introduction of New Coins

New coins are introduced in denominations of 1, 5, 10, 50, and 100 Francs.

22/09/1985: First Currency Revaluation

The Burundian Franc is significantly devalued as part of a currency revaluation program.

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.

30/06/1960: Independence from Belgium

Burundi gains independence from Belgium, establishing the Burundian Franc as its official currency.

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.