Historic Macanese pataca Comorian Franc

Macanese pataca comorian franc history for December 2023. The highest quote for this month is 58.174 (12/12/2023) and the lowest 58.628 (14/12/2023). The difference between high and low is -0.78.

MOP KMF average rate for December 2023 is 57.03993, the change between 01/12/2023 and 31/12/2023 is +1.75 %.

01 December 20231 MOP = 57.02 KMF
02 December 20231 MOP = 56.17 KMF
03 December 20231 MOP = 56.27 KMF
04 December 20231 MOP = 57.45 KMF
05 December 20231 MOP = 57.44 KMF
06 December 20231 MOP = 57.97 KMF
07 December 20231 MOP = 58.01 KMF
08 December 20231 MOP = 57.91 KMF
10 December 20231 MOP = 56.92 KMF
11 December 20231 MOP = 58.08 KMF
12 December 20231 MOP = 58.14 KMF
13 December 20231 MOP = 58.16 KMF
14 December 20231 MOP = 58.02 KMF
15 December 20231 MOP = 58.07 KMF
16 December 20231 MOP = 56.04 KMF
17 December 20231 MOP = 56.04 KMF
18 December 20231 MOP = 57.76 KMF
19 December 20231 MOP = 56.94 KMF
20 December 20231 MOP = 57.14 KMF
21 December 20231 MOP = 57.10 KMF
22 December 20231 MOP = 57.07 KMF
23 December 20231 MOP = 55.53 KMF
24 December 20231 MOP = 55.45 KMF
25 December 20231 MOP = 56.74 KMF
26 December 20231 MOP = 56.73 KMF
27 December 20231 MOP = 56.56 KMF
28 December 20231 MOP = 56.38 KMF
29 December 20231 MOP = 56.02 KMF

18/01/2021: Suspension of Eco adoption

The Central Bank of the Comoros suspended the adoption of the Eco currency, retaining the Comorian Franc as the official currency.

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.

01/01/2019: Replacement of the Franc by the Eco

Comoros agreed to replace the Comorian Franc with the proposed Eco currency, along with other West African countries.

01/07/1997: Revaluation of the Comorian Franc

The Comorian Franc was revalued at a ratio of 1 new Franc to 75 old Francs, reducing the value of the currency.

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.

20/06/1994: Introduction of the New Comorian Franc

Comoros introduced a new series of banknotes and coins, replacing the old Comorian Franc.

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.

01/01/1976: Establishment of the Central Bank of Comoros

The Central Bank of Comoros was established to manage the monetary policies and issue the Comorian Franc.

06/07/1975: Independence of Comoros

Comoros gained independence from France, but continued using the Comorian Franc as its 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.

01/01/1920: Introduction of the Comorian Franc

The Comorian Franc was introduced as the official currency of Comoros by the French colonial administration.

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.