Historic Macanese pataca Singapore dollar

Macanese pataca singapore dollar history for January 2024. The highest quote for this month is 0.17094 (18/01/2024) and the lowest 0.17068 (18/01/2024). The difference between high and low is 0.15.

MOP SGD average rate for January 2024 is 0.16865, the change between 01/01/2024 and 31/01/2024 is -1.74 %.

01 January 20241 MOP = 0.1674 SGD
02 January 20241 MOP = 0.1673 SGD
03 January 20241 MOP = 0.1686 SGD
04 January 20241 MOP = 0.1692 SGD
05 January 20241 MOP = 0.1692 SGD
06 January 20241 MOP = 0.1652 SGD
07 January 20241 MOP = 0.1652 SGD
08 January 20241 MOP = 0.1696 SGD
09 January 20241 MOP = 0.1692 SGD
10 January 20241 MOP = 0.1693 SGD
11 January 20241 MOP = 0.1690 SGD
12 January 20241 MOP = 0.1689 SGD
13 January 20241 MOP = 0.1653 SGD
14 January 20241 MOP = 0.1653 SGD
15 January 20241 MOP = 0.1694 SGD
16 January 20241 MOP = 0.1696 SGD
17 January 20241 MOP = 0.1702 SGD
18 January 20241 MOP = 0.1707 SGD
19 January 20241 MOP = 0.1707 SGD
20 January 20241 MOP = 0.1665 SGD
21 January 20241 MOP = 0.1664 SGD
22 January 20241 MOP = 0.1704 SGD
23 January 20241 MOP = 0.1706 SGD
24 January 20241 MOP = 0.1704 SGD
25 January 20241 MOP = 0.1702 SGD
26 January 20241 MOP = 0.1703 SGD
27 January 20241 MOP = 0.1666 SGD
28 January 20241 MOP = 0.1666 SGD
29 January 20241 MOP = 0.1705 SGD
30 January 20241 MOP = 0.1705 SGD
31 January 20241 MOP = 0.1703 SGD

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own 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.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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.
MOP SGD July 2023
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