Historic Macanese pataca Comorian Franc

Macanese pataca comorian franc history for October 2023. The highest quote for this month is 59.702 (04/10/2023) and the lowest 59.786 (04/10/2023). The difference between high and low is -0.14.

MOP KMF average rate for October 2023 is 58.9075, the change between 01/10/2023 and 31/10/2023 is -2.66 %.

01 October 20231 MOP = 57.68 KMF
02 October 20231 MOP = 58.97 KMF
03 October 20231 MOP = 59.45 KMF
04 October 20231 MOP = 59.71 KMF
05 October 20231 MOP = 59.51 KMF
06 October 20231 MOP = 59.62 KMF
07 October 20231 MOP = 57.82 KMF
09 October 20231 MOP = 59.53 KMF
10 October 20231 MOP = 59.30 KMF
11 October 20231 MOP = 59.33 KMF
12 October 20231 MOP = 58.89 KMF
13 October 20231 MOP = 58.88 KMF
16 October 20231 MOP = 59.24 KMF
17 October 20231 MOP = 59.28 KMF
18 October 20231 MOP = 59.33 KMF
19 October 20231 MOP = 59.06 KMF
20 October 20231 MOP = 59.16 KMF
21 October 20231 MOP = 57.67 KMF
22 October 20231 MOP = 57.67 KMF
23 October 20231 MOP = 59.10 KMF
24 October 20231 MOP = 58.99 KMF
25 October 20231 MOP = 58.98 KMF
26 October 20231 MOP = 59.15 KMF
27 October 20231 MOP = 59.15 KMF
28 October 20231 MOP = 57.71 KMF
29 October 20231 MOP = 57.71 KMF
30 October 20231 MOP = 59.31 KMF
31 October 20231 MOP = 59.21 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.