Historic Macanese pataca Comorian Franc

Macanese pataca comorian franc history for January 2024. The highest quote for this month is 57.84 (30/01/2024) and the lowest 57.79 (30/01/2024). The difference between high and low is 0.09.

MOP KMF average rate for January 2024 is 57.04044, the change between 01/01/2024 and 31/01/2024 is -2.59 %.

01 January 20241 MOP = 56.24 KMF
02 January 20241 MOP = 56.38 KMF
03 January 20241 MOP = 56.52 KMF
04 January 20241 MOP = 57.30 KMF
05 January 20241 MOP = 57.20 KMF
06 January 20241 MOP = 56.13 KMF
07 January 20241 MOP = 56.12 KMF
08 January 20241 MOP = 57.34 KMF
09 January 20241 MOP = 57.23 KMF
10 January 20241 MOP = 57.17 KMF
11 January 20241 MOP = 56.96 KMF
12 January 20241 MOP = 56.97 KMF
14 January 20241 MOP = 55.74 KMF
15 January 20241 MOP = 57.03 KMF
16 January 20241 MOP = 57.02 KMF
17 January 20241 MOP = 56.95 KMF
18 January 20241 MOP = 57.47 KMF
19 January 20241 MOP = 57.48 KMF
22 January 20241 MOP = 57.54 KMF
23 January 20241 MOP = 57.39 KMF
24 January 20241 MOP = 57.38 KMF
25 January 20241 MOP = 57.38 KMF
26 January 20241 MOP = 57.64 KMF
28 January 20241 MOP = 56.29 KMF
29 January 20241 MOP = 57.63 KMF
30 January 20241 MOP = 57.91 KMF
31 January 20241 MOP = 57.70 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.