Historic Macanese pataca Romanian leu

Macanese pataca romanian leu history for September 2023. The highest quote for this month is 0.60051 (28/09/2023) and the lowest 0.59662 (27/09/2023). The difference between high and low is 0.65.

MOP RON average rate for September 2023 is 0.58884, the change between 01/09/2023 and 30/09/2023 is -3.64 %.

01 September 20231 MOP = 0.5764 RON
04 September 20231 MOP = 0.5783 RON
05 September 20231 MOP = 0.5802 RON
06 September 20231 MOP = 0.5842 RON
07 September 20231 MOP = 0.5863 RON
08 September 20231 MOP = 0.5879 RON
11 September 20231 MOP = 0.5875 RON
12 September 20231 MOP = 0.5859 RON
13 September 20231 MOP = 0.5863 RON
14 September 20231 MOP = 0.5874 RON
15 September 20231 MOP = 0.5927 RON
18 September 20231 MOP = 0.5918 RON
19 September 20231 MOP = 0.5902 RON
20 September 20231 MOP = 0.5907 RON
21 September 20231 MOP = 0.5921 RON
22 September 20231 MOP = 0.5916 RON
23 September 20231 MOP = 0.5789 RON
25 September 20231 MOP = 0.5944 RON
26 September 20231 MOP = 0.5959 RON
27 September 20231 MOP = 0.5974 RON
28 September 20231 MOP = 0.6009 RON
29 September 20231 MOP = 0.5974 RON

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.

01/04/2019: Romania plans to adopt the euro

The Romanian government announces its intention to join the Eurozone and set a target date for adopting the euro as the national currency.

01/06/2005: Currency redenomination

Romania underwent a currency redenomination, with 10,000 old lei being exchanged for 1 new leu, to simplify transactions and eliminate zeros.

01/07/2003: Romania joins EU Accession

As part of joining the European Union, Romania pledges to adopt the euro in the future, aiming for greater economic integration.

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.

28/02/1991: End of communist era

As communism collapsed, Romania undergoes economic reforms and introduces a free-floating exchange rate system for the leu.

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.

30/12/1947: Communist regime introduces new leu

In an attempt to devalue the currency and control the economy, the Communist regime introduces a new leu at a ratio of 1:20,000.

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.

01/03/1901: Introduction of the gold standard

Romanian leu was tied to the gold standard, ensuring the stability of the currency and attracting foreign investments.

01/04/1867: Creation of the Romanian leu

The leu was established as the official currency of Romania, replacing the previous currencies in circulation.