Macanese pataca north korean won exchange rate history (MOP KPW) December 2023

Macanese pataca north korean won history for December 2023. The highest quote for this month is 114.7 (19/12/2023) and the lowest 115.65 (14/12/2023). The difference between high and low is -0.83.

MOP KPW average rate for December 2023 is 113.58194, the change between 01/12/2023 and 31/12/2023 is +2.24 %.

01 December 2023	1 MOP = 114.5 KPW
02 December 2023	1 MOP = 111.8 KPW
03 December 2023	1 MOP = 111.8 KPW
04 December 2023	1 MOP = 114.4 KPW
05 December 2023	1 MOP = 114.4 KPW
06 December 2023	1 MOP = 114.4 KPW
07 December 2023	1 MOP = 114.5 KPW
08 December 2023	1 MOP = 114.4 KPW
09 December 2023	1 MOP = 111.9 KPW
10 December 2023	1 MOP = 111.9 KPW
11 December 2023	1 MOP = 114.3 KPW
12 December 2023	1 MOP = 114.5 KPW
13 December 2023	1 MOP = 114.5 KPW
14 December 2023	1 MOP = 114.5 KPW
15 December 2023	1 MOP = 114.6 KPW
16 December 2023	1 MOP = 112.0 KPW
17 December 2023	1 MOP = 112.0 KPW
18 December 2023	1 MOP = 113.9 KPW
19 December 2023	1 MOP = 114.7 KPW
20 December 2023	1 MOP = 114.7 KPW
21 December 2023	1 MOP = 114.5 KPW
22 December 2023	1 MOP = 114.5 KPW
23 December 2023	1 MOP = 111.9 KPW
24 December 2023	1 MOP = 111.9 KPW
25 December 2023	1 MOP = 114.3 KPW
26 December 2023	1 MOP = 114.3 KPW
27 December 2023	1 MOP = 114.2 KPW
28 December 2023	1 MOP = 114.5 KPW
29 December 2023	1 MOP = 113.8 KPW
30 December 2023	1 MOP = 111.9 KPW
31 December 2023	1 MOP = 111.9 KPW

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.

01/07/2013: Exchange rate unification

North Korea unifies the official exchange rate and market rate, resulting in a significant depreciation of the won.

30/11/2009: Currency revaluation

North Korean government announces a currency revaluation, replacing the old won notes at a ratio of 1 for 100.

01/12/2001: Currency redenomination

North Korean won is redenominated, with the previous notes and coins being replaced by new ones at a ratio of 1 for 1,000.

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.

25/02/1992: Introducing foreign exchange certificates

North Korea introduces foreign exchange certificates to counter hyperinflation and stabilize its economy.

06/12/1979: Second major revaluation

North Korean won undergoes its second major revaluation, with the exchange rate being set at 1 for 10.

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.

31/12/1959: First major revaluation

North Korean won undergoes its first major revaluation, with the exchange rate being set at 1 for 100.

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.

06/12/1947: Introduction of North Korean won

North Korean won is introduced as the official currency of North Korea, replacing the Korean yen at par value.

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 North Korean won