Historic Macanese pataca Burundian Franc

Macanese pataca burundian franc history for October 2023. The highest quote for this month is 359.21 (17/10/2023) and the lowest 357.52 (27/10/2023). The difference between high and low is 0.47.

MOP BIF average rate for October 2023 is 352.82769, the change between 01/10/2023 and 31/10/2023 is -2.64 %.

01 October 20231 MOP = 349.6 BIF
02 October 20231 MOP = 356.5 BIF
03 October 20231 MOP = 357.5 BIF
04 October 20231 MOP = 357.7 BIF
05 October 20231 MOP = 360.1 BIF
06 October 20231 MOP = 356.4 BIF
07 October 20231 MOP = 349.6 BIF
09 October 20231 MOP = 356.7 BIF
10 October 20231 MOP = 356.5 BIF
11 October 20231 MOP = 358.4 BIF
12 October 20231 MOP = 358.6 BIF
13 October 20231 MOP = 358.4 BIF
16 October 20231 MOP = 357.1 BIF
17 October 20231 MOP = 358.9 BIF
18 October 20231 MOP = 359.0 BIF
19 October 20231 MOP = 357.1 BIF
20 October 20231 MOP = 358.4 BIF
21 October 20231 MOP = 350.3 BIF
22 October 20231 MOP = 350.3 BIF
23 October 20231 MOP = 357.3 BIF
24 October 20231 MOP = 358.7 BIF
25 October 20231 MOP = 256.8 BIF
26 October 20231 MOP = 358.5 BIF
27 October 20231 MOP = 358.8 BIF
30 October 20231 MOP = 357.6 BIF
31 October 20231 MOP = 358.8 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.