Macanese pataca saudi riyal exchange rate history (MOP SAR) December 2023

Macanese pataca saudi riyal history for December 2023. The highest quote for this month is 0.47799 (04/12/2023) and the lowest 0.48135 (14/12/2023). The difference between high and low is -0.7.

MOP SAR average rate for December 2023 is 0.47401, the change between 01/12/2023 and 31/12/2023 is +0.66 %.

01 December 2023	1 MOP = 0.4766 SAR
03 December 2023	1 MOP = 0.4659 SAR
04 December 2023	1 MOP = 0.4766 SAR
05 December 2023	1 MOP = 0.4760 SAR
06 December 2023	1 MOP = 0.4761 SAR
07 December 2023	1 MOP = 0.4763 SAR
08 December 2023	1 MOP = 0.4763 SAR
10 December 2023	1 MOP = 0.4661 SAR
11 December 2023	1 MOP = 0.4762 SAR
12 December 2023	1 MOP = 0.4765 SAR
13 December 2023	1 MOP = 0.4767 SAR
14 December 2023	1 MOP = 0.4765 SAR
15 December 2023	1 MOP = 0.4769 SAR
16 December 2023	1 MOP = 0.4664 SAR
17 December 2023	1 MOP = 0.4666 SAR
18 December 2023	1 MOP = 0.4748 SAR
19 December 2023	1 MOP = 0.4773 SAR
20 December 2023	1 MOP = 0.4776 SAR
21 December 2023	1 MOP = 0.4768 SAR
22 December 2023	1 MOP = 0.4766 SAR
23 December 2023	1 MOP = 0.4659 SAR
24 December 2023	1 MOP = 0.4659 SAR
25 December 2023	1 MOP = 0.4762 SAR
26 December 2023	1 MOP = 0.4761 SAR
27 December 2023	1 MOP = 0.4759 SAR
28 December 2023	1 MOP = 0.4765 SAR
29 December 2023	1 MOP = 0.4734 SAR

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.

20/05/2018: SAMA grants licenses for full-fledged digital banks

SAMA issued licenses to two banks for providing digital banking services, reflecting a shift towards digitalization in the financial sector.

21/12/2016: Saudi Arabia introduces the SAR 200 note

A new 200 riyal banknote was introduced, featuring a portrait of King Abdullah bin Abdulaziz Al Saud.

20/12/2003: Launch of Riyal Interbank Express (SARIE)

SAMA launched SARIE, a real-time gross settlement system, improving interbank transactions and money transfers.

27/05/1997: Introduction of Saudi Arabian Monetary Agency new design series

SAMA introduced a new series of banknotes with enhanced security features to combat counterfeiting.

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.

30/06/1986: Saudi riyal pegged to the US dollar at 3.75 SAR per USD

Saudi Arabia pegged its currency to the USD, ensuring stability and ease of trade with international partners.

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.

01/03/1952: Introduction of Saudi Arabian Monetary Agency (SAMA)

SAMA was established as the central bank of Saudi Arabia, responsible for issuing and managing the Saudi riyal.

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.

23/09/1932: Establishment of the Kingdom of Saudi Arabia

The Saudi riyal currency was introduced following the unification of the Kingdom under King Abdulaziz Al Saud.

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 Saudi riyal