Historic Macanese pataca Czech koruna

Macanese pataca czech koruna history for October 2023. The highest quote for this month is 2.9829 (16/10/2023) and the lowest 2.9677 (16/10/2023). The difference between high and low is 0.51.

MOP CZK average rate for October 2023 is 2.93729, the change between 01/10/2023 and 31/10/2023 is -2.86 %.

01 October 20231 MOP = 2.857 CZK
02 October 20231 MOP = 2.920 CZK
03 October 20231 MOP = 2.955 CZK
04 October 20231 MOP = 2.970 CZK
05 October 20231 MOP = 2.948 CZK
06 October 20231 MOP = 2.948 CZK
07 October 20231 MOP = 2.861 CZK
09 October 20231 MOP = 2.952 CZK
10 October 20231 MOP = 2.934 CZK
11 October 20231 MOP = 2.935 CZK
12 October 20231 MOP = 2.933 CZK
13 October 20231 MOP = 2.972 CZK
16 October 20231 MOP = 2.979 CZK
17 October 20231 MOP = 2.968 CZK
18 October 20231 MOP = 2.965 CZK
19 October 20231 MOP = 2.973 CZK
20 October 20231 MOP = 2.957 CZK
21 October 20231 MOP = 2.878 CZK
22 October 20231 MOP = 2.883 CZK
23 October 20231 MOP = 2.957 CZK
24 October 20231 MOP = 2.929 CZK
25 October 20231 MOP = 2.948 CZK
26 October 20231 MOP = 2.967 CZK
27 October 20231 MOP = 2.963 CZK
28 October 20231 MOP = 2.892 CZK
29 October 20231 MOP = 2.896 CZK
30 October 20231 MOP = 2.970 CZK
31 October 20231 MOP = 2.939 CZK

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.

05/04/2016: End of currency intervention

The Czech National Bank ended its currency intervention policy, allowing the koruna to float freely and be determined by market forces.

06/11/2013: Currency intervention

The Czech National Bank implemented a currency intervention policy to weaken the koruna and stimulate the country's economy.

09/10/2008: Global financial crisis impact

The koruna experienced significant depreciation during the global financial crisis, reflecting the economic challenges faced by the Czech Republic.

30/04/2007: EU membership benefits

The Czech Republic became a member of the European Union's economic and monetary union, allowing for greater stability and cooperation for the koruna.

30/04/2004: EU Accession

The Czech Republic joined the European Union, paving the way for further integration of the koruna with European monetary policies.

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.

30/06/1993: Currency conversion

The Czech Republic adopted a new currency regime, shifting from a fixed exchange rate to a floating exchange rate for the koruna.

07/02/1993: Establishment of Czech koruna

The Czech koruna was introduced as the official currency of the Czech Republic following the dissolution of Czechoslovakia.

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.

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.