Historic Macanese pataca Macedonian Denar

Macanese pataca macedonian denar history for September 2023. The highest quote for this month is 7.3662 (28/09/2023) and the lowest 7.3403 (27/09/2023). The difference between high and low is 0.35.

MOP MKD average rate for September 2023 is 7.24085, the change between 01/09/2023 and 30/09/2023 is -0.47 %.

01 September 20231 MOP = 7.13 MKD
04 September 20231 MOP = 7.07 MKD
05 September 20231 MOP = 7.17 MKD
06 September 20231 MOP = 7.20 MKD
07 September 20231 MOP = 7.22 MKD
08 September 20231 MOP = 7.25 MKD
11 September 20231 MOP = 7.25 MKD
12 September 20231 MOP = 7.22 MKD
13 September 20231 MOP = 7.21 MKD
14 September 20231 MOP = 7.24 MKD
15 September 20231 MOP = 7.29 MKD
18 September 20231 MOP = 7.22 MKD
19 September 20231 MOP = 7.26 MKD
20 September 20231 MOP = 7.27 MKD
21 September 20231 MOP = 7.28 MKD
22 September 20231 MOP = 7.29 MKD
23 September 20231 MOP = 7.16 MKD
25 September 20231 MOP = 7.24 MKD
26 September 20231 MOP = 7.33 MKD
27 September 20231 MOP = 7.34 MKD
28 September 20231 MOP = 7.38 MKD
29 September 20231 MOP = 7.34 MKD
30 September 20231 MOP = 7.17 MKD

01/07/2020: Euro as legal tender

North Macedonia officially adopted the Euro as its currency, replacing the Macedonian Denar for all monetary transactions.

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.

15/05/2018: Denar's symbol adoption

The official symbol for the Macedonian Denar (den) was adopted, representing the currency in both domestic and international transactions.

10/10/2005: Denar's full Euro peg

The Macedonian Denar was fully pegged to the Euro at a fixed exchange rate of 61.5 Denars to 1 Euro.

29/04/2003: Replacement of banknotes

New series of banknotes with enhanced security features were introduced, replacing the older versions.

05/11/2001: Denar's devaluation

Due to the political crisis in Macedonia, the Denar underwent a significant devaluation, losing around 40% of its value against the Euro.

15/05/1995: Denar's peg to the German Mark

The Macedonian Denar was pegged to the German Mark at a rate of 1 Denar to 1.5 Deutsche Mark, establishing a stable exchange rate.

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.

26/11/1992: Introduction of the Macedonian Denar

The Macedonian Denar was introduced as the official currency of the Republic of Macedonia following its declaration of independence from Yugoslavia.

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.

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.