Historic Macanese pataca Ghana Cedi

Macanese pataca ghana cedi history for November 2023. The highest quote for this month is 1.5261 (28/11/2023) and the lowest 1.5261 (29/11/2023). The difference between high and low is 0.

MOP GHS average rate for November 2023 is 1.51088, the change between 01/11/2023 and 30/11/2023 is -1.05 %.

01 November 20231 MOP = 1.506 GHS
02 November 20231 MOP = 1.509 GHS
03 November 20231 MOP = 1.512 GHS
06 November 20231 MOP = 1.512 GHS
07 November 20231 MOP = 1.510 GHS
08 November 20231 MOP = 1.511 GHS
09 November 20231 MOP = 1.511 GHS
10 November 20231 MOP = 1.512 GHS
12 November 20231 MOP = 1.477 GHS
13 November 20231 MOP = 1.517 GHS
14 November 20231 MOP = 1.514 GHS
15 November 20231 MOP = 1.514 GHS
16 November 20231 MOP = 1.514 GHS
17 November 20231 MOP = 1.513 GHS
18 November 20231 MOP = 1.482 GHS
19 November 20231 MOP = 1.482 GHS
20 November 20231 MOP = 1.521 GHS
21 November 20231 MOP = 1.520 GHS
22 November 20231 MOP = 1.519 GHS
23 November 20231 MOP = 1.520 GHS
24 November 20231 MOP = 1.525 GHS
26 November 20231 MOP = 1.488 GHS
27 November 20231 MOP = 1.524 GHS
28 November 20231 MOP = 1.525 GHS
29 November 20231 MOP = 1.524 GHS
30 November 20231 MOP = 1.522 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.