Historic Macanese pataca Ghana Cedi

Macanese pataca ghana cedi history for January 2024. The highest quote for this month is 1.5701 (29/01/2024) and the lowest 1.5678 (29/01/2024). The difference between high and low is 0.15.

MOP GHS average rate for January 2024 is 1.52015, the change between 01/01/2024 and 31/01/2024 is -3.09 %.

01 January 20241 MOP = 1.518 GHS
02 January 20241 MOP = 1.518 GHS
03 January 20241 MOP = 1.512 GHS
04 January 20241 MOP = 1.515 GHS
05 January 20241 MOP = 1.514 GHS
06 January 20241 MOP = 1.477 GHS
07 January 20241 MOP = 1.477 GHS
08 January 20241 MOP = 1.517 GHS
09 January 20241 MOP = 1.515 GHS
10 January 20241 MOP = 1.512 GHS
11 January 20241 MOP = 1.512 GHS
12 January 20241 MOP = 1.514 GHS
14 January 20241 MOP = 1.479 GHS
15 January 20241 MOP = 1.517 GHS
16 January 20241 MOP = 1.521 GHS
17 January 20241 MOP = 1.521 GHS
18 January 20241 MOP = 1.514 GHS
19 January 20241 MOP = 1.518 GHS
22 January 20241 MOP = 1.534 GHS
23 January 20241 MOP = 1.525 GHS
24 January 20241 MOP = 1.523 GHS
25 January 20241 MOP = 1.538 GHS
26 January 20241 MOP = 1.537 GHS
28 January 20241 MOP = 1.516 GHS
29 January 20241 MOP = 1.570 GHS
30 January 20241 MOP = 1.565 GHS
31 January 20241 MOP = 1.565 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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