Macanese pataca thai baht exchange rate history (MOP THB) December 2023

Macanese pataca thai baht history for December 2023. The highest quote for this month is 4.5561 (13/12/2023) and the lowest 4.5277 (13/12/2023). The difference between high and low is 0.62.

MOP THB average rate for December 2023 is 4.40856, the change between 01/12/2023 and 31/12/2023 is +4.57 %.

01 December 2023	1 MOP = 4.485 THB
02 December 2023	1 MOP = 4.329 THB
03 December 2023	1 MOP = 4.329 THB
04 December 2023	1 MOP = 4.413 THB
05 December 2023	1 MOP = 4.474 THB
06 December 2023	1 MOP = 4.479 THB
07 December 2023	1 MOP = 4.477 THB
08 December 2023	1 MOP = 4.462 THB
10 December 2023	1 MOP = 4.408 THB
11 December 2023	1 MOP = 4.503 THB
12 December 2023	1 MOP = 4.538 THB
13 December 2023	1 MOP = 4.536 THB
14 December 2023	1 MOP = 4.462 THB
15 December 2023	1 MOP = 4.439 THB
16 December 2023	1 MOP = 4.335 THB
17 December 2023	1 MOP = 4.336 THB
18 December 2023	1 MOP = 4.425 THB
19 December 2023	1 MOP = 4.451 THB
20 December 2023	1 MOP = 4.440 THB
21 December 2023	1 MOP = 4.448 THB
22 December 2023	1 MOP = 4.412 THB
23 December 2023	1 MOP = 4.293 THB
24 December 2023	1 MOP = 4.287 THB
25 December 2023	1 MOP = 4.367 THB
26 December 2023	1 MOP = 4.382 THB
27 December 2023	1 MOP = 4.374 THB
28 December 2023	1 MOP = 4.350 THB
29 December 2023	1 MOP = 4.334 THB
31 December 2023	1 MOP = 4.280 THB

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.

15/04/2019: Coronation of King Rama X

King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.

19/09/2006: 2006 Thai coup d'état

The military staged a coup overthrowing the government, causing political instability and affecting the currency.

02/07/1997: Asian Financial Crisis

The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.

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.

01/01/1980: Currency Floatation

The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.

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.

14/10/1973: October 14 Uprising

A popular uprising against the military dictatorship led to political reforms and an increase in public participation.

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.

01/01/1942: Japanese Occupation

During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.

24/06/1932: Siamese Revolution

The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.

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 Thai baht