Macanese pataca jamaican dollar exchange rate history (MOP JMD) October 2023

Macanese pataca jamaican dollar history for October 2023. The highest quote for this month is 19.572 (19/10/2023) and the lowest 19.565 (19/10/2023). The difference between high and low is 0.04.

MOP JMD average rate for October 2023 is 19.38582, the change between 01/10/2023 and 31/10/2023 is -1.68 %.

01 October 2023	1 MOP = 19.10 JMD
02 October 2023	1 MOP = 19.46 JMD
03 October 2023	1 MOP = 19.43 JMD
04 October 2023	1 MOP = 19.44 JMD
05 October 2023	1 MOP = 19.45 JMD
06 October 2023	1 MOP = 19.53 JMD
07 October 2023	1 MOP = 19.09 JMD
09 October 2023	1 MOP = 19.50 JMD
10 October 2023	1 MOP = 19.43 JMD
11 October 2023	1 MOP = 19.46 JMD
12 October 2023	1 MOP = 19.48 JMD
13 October 2023	1 MOP = 19.52 JMD
16 October 2023	1 MOP = 19.51 JMD
17 October 2023	1 MOP = 19.56 JMD
18 October 2023	1 MOP = 19.55 JMD
19 October 2023	1 MOP = 19.57 JMD
20 October 2023	1 MOP = 19.57 JMD
21 October 2023	1 MOP = 19.11 JMD
22 October 2023	1 MOP = 19.11 JMD
23 October 2023	1 MOP = 19.48 JMD
24 October 2023	1 MOP = 19.44 JMD
25 October 2023	1 MOP = 19.46 JMD
26 October 2023	1 MOP = 19.45 JMD
27 October 2023	1 MOP = 19.49 JMD
28 October 2023	1 MOP = 18.87 JMD
29 October 2023	1 MOP = 18.87 JMD
30 October 2023	1 MOP = 19.45 JMD
31 October 2023	1 MOP = 19.42 JMD

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.

16/03/2015: Bank of Jamaica Act

The Bank of Jamaica Act was passed, granting the central bank greater autonomy in executing monetary policy and promoting financial stability.

12/02/2013: Currency devaluation

To stabilize the economy, the Jamaican Dollar was devalued by approximately 16.5% against major currencies.

28/11/2010: IMF agreement

Jamaica reached an agreement with the International Monetary Fund (IMF) for a financial support program to address economic challenges.

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.

30/04/1994: Foreign exchange liberalization

Jamaica lifted restrictions on foreign exchange, allowing for more flexible trade and investment opportunities.

25/03/1991: JMD devaluation

Due to economic pressures, the Jamaican Dollar was devalued by 33.3%, leading to an increase in the exchange rate.

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.

05/08/1971: Currency decimalization

Jamaica decimalized its currency, dividing the Jamaican Dollar into 100 cents instead of 20 shillings.

07/02/1969: Jamaican Dollar introduced

The Jamaican Dollar (JMD) was introduced as the official currency of Jamaica, replacing the Jamaican pound.

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.

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.

Historic Macanese pataca Jamaican Dollar