Historic Macanese pataca Arab Emirates Dirham

Macanese pataca arab emirates dirham history for January 2024. The highest quote for this month is 0.46756 (08/01/2024) and the lowest 0.4684 (08/01/2024). The difference between high and low is -0.18.

MOP AED average rate for January 2024 is 0.46485, the change between 01/01/2024 and 31/01/2024 is -0.19 %.

01 January 20241 MOP = 0.4660 AED
02 January 20241 MOP = 0.4655 AED
03 January 20241 MOP = 0.4667 AED
04 January 20241 MOP = 0.4676 AED
05 January 20241 MOP = 0.4672 AED
06 January 20241 MOP = 0.4565 AED
07 January 20241 MOP = 0.4564 AED
08 January 20241 MOP = 0.4683 AED
09 January 20241 MOP = 0.4675 AED
10 January 20241 MOP = 0.4669 AED
11 January 20241 MOP = 0.4664 AED
12 January 20241 MOP = 0.4665 AED
14 January 20241 MOP = 0.4559 AED
15 January 20241 MOP = 0.4670 AED
16 January 20241 MOP = 0.4669 AED
17 January 20241 MOP = 0.4655 AED
18 January 20241 MOP = 0.4663 AED
19 January 20241 MOP = 0.4664 AED
21 January 20241 MOP = 0.4561 AED
22 January 20241 MOP = 0.4669 AED
23 January 20241 MOP = 0.4667 AED
24 January 20241 MOP = 0.4667 AED
25 January 20241 MOP = 0.4666 AED
26 January 20241 MOP = 0.4666 AED
28 January 20241 MOP = 0.4563 AED
29 January 20241 MOP = 0.4665 AED
30 January 20241 MOP = 0.4673 AED
31 January 20241 MOP = 0.4669 AED

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.

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

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.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

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.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official 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.

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 AED July 2023
MOP AED August 2023
MOP AED September 2023
MOP AED October 2023
MOP AED November 2023
MOP AED December 2023
MOP AED January 2024
MOP AED February 2024
MOP AED March 2024
MOP AED April 2024
MOP AED May 2024
MOP AED June 2024
MOP AED July 2024