Historic Macanese pataca Ghana Cedi

Macanese pataca ghana cedi history for February 2024. The highest quote for this month is 1.6031 (29/02/2024) and the lowest 1.5967 (29/02/2024). The difference between high and low is 0.4.

MOP GHS average rate for February 2024 is 1.56966, the change between 01/02/2024 and 29/02/2024 is -2.04 %.

01 February 20241 MOP = 1.566 GHS
02 February 20241 MOP = 1.570 GHS
03 February 20241 MOP = 1.532 GHS
04 February 20241 MOP = 1.532 GHS
05 February 20241 MOP = 1.570 GHS
06 February 20241 MOP = 1.569 GHS
07 February 20241 MOP = 1.568 GHS
08 February 20241 MOP = 1.569 GHS
09 February 20241 MOP = 1.572 GHS
12 February 20241 MOP = 1.574 GHS
13 February 20241 MOP = 1.576 GHS
14 February 20241 MOP = 1.577 GHS
15 February 20241 MOP = 1.576 GHS
16 February 20241 MOP = 1.578 GHS
17 February 20241 MOP = 1.539 GHS
18 February 20241 MOP = 1.539 GHS
19 February 20241 MOP = 1.581 GHS
20 February 20241 MOP = 1.584 GHS
21 February 20241 MOP = 1.578 GHS
22 February 20241 MOP = 1.588 GHS
23 February 20241 MOP = 1.568 GHS
24 February 20241 MOP = 1.551 GHS
25 February 20241 MOP = 1.551 GHS
26 February 20241 MOP = 1.591 GHS
27 February 20241 MOP = 1.588 GHS
28 February 20241 MOP = 1.594 GHS
29 February 20241 MOP = 1.598 GHS

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.

16/09/2019: Ghana Goes Cashless

The government launched the Ghana.Gov payment platform, aimed at promoting electronic payments and reducing cash transactions.

05/07/2012: GHS Symbol Change

The Bank of Ghana introduced a new currency symbol for the cedi, changing it from GHȼ to GHS.

03/07/2007: Decimals Dropped

The Bank of Ghana dropped four decimal places, making 1 new Ghanaian cedi = 1 GHȼ.

01/07/2002: Replacement of New Cedi

The new Ghanaian cedi, denoted as GHC, replaced the second cedi at a rate of 1 cedi = 10,000 cedis.

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.

17/07/1978: Second Cedi Introduced

Due to high inflation, the second Ghanaian cedi was introduced with a new currency code, GHS.

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.

19/07/1965: Cedi Introduced

The Ghanaian pound was replaced by the Ghanaian cedi at a rate of 1 pound = 2.4 cedis, symbolizing economic independence.

06/03/1957: Ghana's Independence

Ghana gained independence from British colonial rule, leading to the introduction of the Ghanaian pound as its currency.

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.
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