Historic Macanese pataca Danish Krone

Macanese pataca danish krone history for January 2024. The highest quote for this month is 0.87632 (30/01/2024) and the lowest 0.87445 (29/01/2024). The difference between high and low is 0.21.

MOP DKK average rate for January 2024 is 0.86319, the change between 01/01/2024 and 31/01/2024 is -2.01 %.

01 January 20241 MOP = 0.8568 DKK
02 January 20241 MOP = 0.8562 DKK
03 January 20241 MOP = 0.8660 DKK
04 January 20241 MOP = 0.8692 DKK
05 January 20241 MOP = 0.8669 DKK
06 January 20241 MOP = 0.8470 DKK
07 January 20241 MOP = 0.8469 DKK
08 January 20241 MOP = 0.8693 DKK
09 January 20241 MOP = 0.8671 DKK
10 January 20241 MOP = 0.8675 DKK
11 January 20241 MOP = 0.8631 DKK
12 January 20241 MOP = 0.8626 DKK
13 January 20241 MOP = 0.8451 DKK
14 January 20241 MOP = 0.8450 DKK
15 January 20241 MOP = 0.8664 DKK
16 January 20241 MOP = 0.8664 DKK
17 January 20241 MOP = 0.8692 DKK
18 January 20241 MOP = 0.8700 DKK
19 January 20241 MOP = 0.8706 DKK
20 January 20241 MOP = 0.8498 DKK
21 January 20241 MOP = 0.8498 DKK
22 January 20241 MOP = 0.8705 DKK
23 January 20241 MOP = 0.8715 DKK
24 January 20241 MOP = 0.8727 DKK
25 January 20241 MOP = 0.8707 DKK
26 January 20241 MOP = 0.8731 DKK
27 January 20241 MOP = 0.8531 DKK
28 January 20241 MOP = 0.8537 DKK
29 January 20241 MOP = 0.8732 DKK
30 January 20241 MOP = 0.8756 DKK
31 January 20241 MOP = 0.8740 DKK

04/02/2021: Ending of Intervention Policy

Denmark's central bank announced the end of its long-standing policy of defending the Krone's peg to the Euro.

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.

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

31/12/1998: Euro peg

Denmark joined the European Exchange Rate Mechanism (ERM II), pegging the Krone to the Euro with a narrow fluctuation band.

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.

24/03/1982: Floating Exchange Rate

Denmark switched to a floating exchange rate regime, allowing the Krone's value to be determined by market forces.

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.

21/07/1944: Bretton Woods Agreement

Denmark became a member of the International Monetary Fund (IMF) and agreed to the Bretton Woods system, pegging the Krone to the US dollar.

10/09/1927: Return to Gold Standard

Denmark abandoned the gold standard due to economic pressures and public debt.

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.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.
MOP DKK July 2023
MOP DKK August 2023
MOP DKK September 2023
MOP DKK October 2023
MOP DKK November 2023
MOP DKK December 2023
MOP DKK January 2024
MOP DKK February 2024
MOP DKK March 2024
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MOP DKK June 2024
MOP DKK July 2024