Historic Macanese pataca Rwandan franc

Macanese pataca rwandan franc history for December 2023. The highest quote for this month is 158.61 (22/12/2023) and the lowest 158.33 (29/12/2023). The difference between high and low is 0.18.

MOP RWF average rate for December 2023 is 156.84321, the change between 01/12/2023 and 31/12/2023 is -1.18 %.

01 December 20231 MOP = 156.2 RWF
02 December 20231 MOP = 153.5 RWF
03 December 20231 MOP = 153.6 RWF
04 December 20231 MOP = 156.3 RWF
05 December 20231 MOP = 156.4 RWF
06 December 20231 MOP = 157.4 RWF
07 December 20231 MOP = 157.0 RWF
08 December 20231 MOP = 157.2 RWF
10 December 20231 MOP = 154.1 RWF
11 December 20231 MOP = 158.3 RWF
12 December 20231 MOP = 157.7 RWF
13 December 20231 MOP = 157.1 RWF
14 December 20231 MOP = 157.9 RWF
15 December 20231 MOP = 158.1 RWF
16 December 20231 MOP = 154.8 RWF
17 December 20231 MOP = 154.8 RWF
18 December 20231 MOP = 157.5 RWF
19 December 20231 MOP = 157.8 RWF
20 December 20231 MOP = 158.6 RWF
21 December 20231 MOP = 158.1 RWF
22 December 20231 MOP = 158.7 RWF
23 December 20231 MOP = 155.0 RWF
24 December 20231 MOP = 155.2 RWF
25 December 20231 MOP = 157.9 RWF
26 December 20231 MOP = 157.9 RWF
27 December 20231 MOP = 158.0 RWF
28 December 20231 MOP = 158.5 RWF
29 December 20231 MOP = 158.0 RWF

24/06/2020: Rwandan Franc Devaluation

The central bank of Rwanda announced a gradual devaluation of the Rwandan franc to enhance export competitiveness and stimulate economic growth.

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.

03/12/2008: New Currency Series

A new series of Rwandan franc banknotes was introduced, featuring updated security features and designs.

01/01/2004: East African Community

Rwanda joined the East African Community, leading to increased economic integration and cooperation within the region.

03/12/1998: Currency Redenomination

The Rwandan franc underwent a redenomination, with 100 old francs being replaced by 1 new franc.

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.

07/04/1995: Rwandan Genocide

The Rwandan Genocide began, causing economic instability and inflation for the Rwandan franc.

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.

01/12/1973: Currency Reform

A currency reform was implemented, introducing a new series of Rwandan franc banknotes.

08/06/1967: Link with Portuguese escudo reestablished

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

25/06/1964: Introduction of the Rwandan Franc

The Rwandan franc was introduced as the official currency of Rwanda, replacing the East African shilling.

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.

17/03/1906: 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.