Macanese pataca pakistani rupee exchange rate history (MOP PKR) December 2023

Macanese pataca pakistani rupee history for December 2023. The highest quote for this month is 36.193 (01/12/2023) and the lowest 35.992 (06/12/2023). The difference between high and low is 0.56.

MOP PKR average rate for December 2023 is 35.67986, the change between 01/12/2023 and 31/12/2023 is +1.35 %.

01 December 2023	1 MOP = 36.07 PKR
02 December 2023	1 MOP = 35.38 PKR
03 December 2023	1 MOP = 35.39 PKR
04 December 2023	1 MOP = 35.62 PKR
05 December 2023	1 MOP = 36.12 PKR
06 December 2023	1 MOP = 36.13 PKR
07 December 2023	1 MOP = 36.02 PKR
08 December 2023	1 MOP = 36.06 PKR
09 December 2023	1 MOP = 35.34 PKR
10 December 2023	1 MOP = 35.28 PKR
11 December 2023	1 MOP = 35.90 PKR
12 December 2023	1 MOP = 36.06 PKR
13 December 2023	1 MOP = 35.91 PKR
14 December 2023	1 MOP = 36.03 PKR
15 December 2023	1 MOP = 36.02 PKR
16 December 2023	1 MOP = 35.23 PKR
17 December 2023	1 MOP = 35.23 PKR
18 December 2023	1 MOP = 35.43 PKR
19 December 2023	1 MOP = 35.45 PKR
20 December 2023	1 MOP = 36.08 PKR
21 December 2023	1 MOP = 35.98 PKR
22 December 2023	1 MOP = 35.95 PKR
23 December 2023	1 MOP = 35.15 PKR
24 December 2023	1 MOP = 35.11 PKR
25 December 2023	1 MOP = 35.28 PKR
26 December 2023	1 MOP = 35.28 PKR
27 December 2023	1 MOP = 35.78 PKR
28 December 2023	1 MOP = 35.87 PKR
29 December 2023	1 MOP = 35.58 PKR

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.

16/07/2019: IMF Bailout Package

Pakistan reached an agreement with the IMF for a three-year, $6 billion bailout package to address its balance of payments crisis, affecting the value of the Pakistani rupee.

11/12/2013: IMF Loan Program

Pakistan signed a loan agreement with the International Monetary Fund (IMF) to stabilize its economy, resulting in devaluation of the Pakistani rupee.

01/12/2008: Global Financial Crisis

The global financial crisis led to a depreciation of the Pakistani rupee against major international currencies due to economic instability.

28/05/1999: Introduction of State Bank of Pakistan

The State Bank of Pakistan was given full autonomous control over the monetary policy, which had a significant impact on the value of the Pakistani rupee.

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.

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.

16/12/1971: Separation of East Pakistan

Following the separation of East Pakistan and the formation of Bangladesh, the Pakistani rupee underwent a major devaluation.

08/06/1967: Link with Portuguese escudo reestablished

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

01/07/1955: Replacement of Indian Rupee

The Pakistani rupee replaced the Indian rupee as the official currency of Pakistan after the two countries separated.

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.

17/08/1947: Independence of Pakistan

The Pakistani rupee was introduced as the official currency of Pakistan after the country gained independence from British rule.

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 Pakistani rupee