Macanese pataca new zealand dollar exchange rate history (MOP NZD) December 2023

Macanese pataca new zealand dollar history for December 2023. The highest quote for this month is 0.20898 (13/12/2023) and the lowest 0.20761 (11/12/2023). The difference between high and low is 0.66.

MOP NZD average rate for December 2023 is 0.20277, the change between 01/12/2023 and 31/12/2023 is +4.87 %.

01 December 2023	1 MOP = 0.2066 NZD
02 December 2023	1 MOP = 0.2001 NZD
03 December 2023	1 MOP = 0.2005 NZD
04 December 2023	1 MOP = 0.2044 NZD
05 December 2023	1 MOP = 0.2061 NZD
06 December 2023	1 MOP = 0.2072 NZD
07 December 2023	1 MOP = 0.2071 NZD
08 December 2023	1 MOP = 0.2063 NZD
09 December 2023	1 MOP = 0.2031 NZD
10 December 2023	1 MOP = 0.2031 NZD
11 December 2023	1 MOP = 0.2073 NZD
12 December 2023	1 MOP = 0.2077 NZD
13 December 2023	1 MOP = 0.2073 NZD
14 December 2023	1 MOP = 0.2054 NZD
15 December 2023	1 MOP = 0.2048 NZD
16 December 2023	1 MOP = 0.2004 NZD
17 December 2023	1 MOP = 0.2004 NZD
18 December 2023	1 MOP = 0.2039 NZD
19 December 2023	1 MOP = 0.2050 NZD
20 December 2023	1 MOP = 0.2033 NZD
21 December 2023	1 MOP = 0.2035 NZD
22 December 2023	1 MOP = 0.2021 NZD
23 December 2023	1 MOP = 0.1974 NZD
24 December 2023	1 MOP = 0.1973 NZD
25 December 2023	1 MOP = 0.2009 NZD
26 December 2023	1 MOP = 0.2014 NZD
27 December 2023	1 MOP = 0.2005 NZD
28 December 2023	1 MOP = 0.2004 NZD
29 December 2023	1 MOP = 0.1995 NZD
30 December 2023	1 MOP = 0.1965 NZD
31 December 2023	1 MOP = 0.1965 NZD

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

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.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

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.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.

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 New Zealand Dollar