Historic Macanese pataca Guinean franc

Macanese pataca guinean franc history for February 2024. The highest quote for this month is 1083.69 (21/02/2024) and the lowest 1082.21 (13/02/2024). The difference between high and low is 0.14.

MOP GNF average rate for February 2024 is 1076.23778, the change between 01/02/2024 and 29/02/2024 is +0.19 %.

01 February 20241 MOP = 1084.74 GNF
02 February 20241 MOP = 1083.56 GNF
03 February 20241 MOP = 1055.20 GNF
04 February 20241 MOP = 1055.17 GNF
05 February 20241 MOP = 1081.94 GNF
06 February 20241 MOP = 1081.47 GNF
07 February 20241 MOP = 1082.27 GNF
08 February 20241 MOP = 1082.45 GNF
09 February 20241 MOP = 1080.76 GNF
12 February 20241 MOP = 1082.19 GNF
13 February 20241 MOP = 1081.53 GNF
14 February 20241 MOP = 1082.35 GNF
15 February 20241 MOP = 1083.09 GNF
16 February 20241 MOP = 1083.94 GNF
17 February 20241 MOP = 1055.78 GNF
18 February 20241 MOP = 1055.96 GNF
19 February 20241 MOP = 1081.37 GNF
20 February 20241 MOP = 1081.55 GNF
21 February 20241 MOP = 1083.16 GNF
22 February 20241 MOP = 1083.69 GNF
23 February 20241 MOP = 1082.66 GNF
24 February 20241 MOP = 1054.19 GNF
25 February 20241 MOP = 1054.17 GNF
26 February 20241 MOP = 1081.09 GNF
27 February 20241 MOP = 1080.53 GNF
28 February 20241 MOP = 1080.88 GNF
29 February 20241 MOP = 1082.73 GNF

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.

30/06/2015: Demonetization of old Guinean franc banknotes

The old series of Guinean franc banknotes, denominated in 'Syli,' ceased to be legal tender, and only the new franc banknotes remained in circulation.

26/09/2012: Introduction of new Guinean franc coins

New coins denominated in the Guinean franc were introduced, replacing the previously used Guinean syli coins.

30/06/2010: Revaluation of the Guinean franc

The Guinean franc underwent a revaluation, with 1 new franc being equivalent to 10,000 old francs.

30/06/1997: Introduction of new Guinean franc

A new series of Guinean franc banknotes, denominated in 'Syli,' was introduced as a replacement for the previous currency.

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.

30/11/1985: Devaluation of the Guinean franc

The Guinean franc was devalued by 50%, leading to an economic crisis and high inflation.

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.

31/05/1971: Redenomination of the Guinean franc

The Guinean franc underwent a redenomination, with 1 new franc being equivalent to 10 old francs.

08/06/1967: Link with Portuguese escudo reestablished

The Macanese pataca was once again pegged to the Portuguese escudo, ending the gold standard era.

01/10/1959: Introduction of Guinean franc

The Guinean franc was introduced as the official currency of Guinea following its independence from France.

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.