Historic Macanese pataca Pakistani rupee

Macanese pataca pakistani rupee history for February 2024. The highest quote for this month is 35.496 (21/02/2024) and the lowest 35.342 (21/02/2024). The difference between high and low is 0.43.

MOP PKR average rate for February 2024 is 35.17464, the change between 01/02/2024 and 29/02/2024 is +0.8 %.

01 February 20241 MOP = 35.54 PKR
02 February 20241 MOP = 35.48 PKR
03 February 20241 MOP = 34.72 PKR
04 February 20241 MOP = 34.69 PKR
05 February 20241 MOP = 34.99 PKR
06 February 20241 MOP = 35.00 PKR
07 February 20241 MOP = 35.45 PKR
08 February 20241 MOP = 35.45 PKR
09 February 20241 MOP = 35.44 PKR
10 February 20241 MOP = 34.69 PKR
12 February 20241 MOP = 34.98 PKR
13 February 20241 MOP = 35.46 PKR
14 February 20241 MOP = 35.45 PKR
15 February 20241 MOP = 35.47 PKR
16 February 20241 MOP = 35.49 PKR
17 February 20241 MOP = 34.66 PKR
18 February 20241 MOP = 34.67 PKR
19 February 20241 MOP = 35.29 PKR
20 February 20241 MOP = 34.99 PKR
21 February 20241 MOP = 35.50 PKR
22 February 20241 MOP = 35.45 PKR
23 February 20241 MOP = 35.46 PKR
24 February 20241 MOP = 34.65 PKR
25 February 20241 MOP = 34.65 PKR
26 February 20241 MOP = 35.30 PKR
27 February 20241 MOP = 35.28 PKR
28 February 20241 MOP = 35.45 PKR
29 February 20241 MOP = 35.25 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.
MOP PKR July 2023
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