Historic Macedonian Denar Macanese pataca

Macedonian Denar macanese pataca history for January 2024. The highest quote for this month is 0.14416 (14/01/2024) and the lowest 0.14415 (14/01/2024). The difference between high and low is 0.01.

MKD MOP average rate for January 2024 is 0.14118, the change between 01/01/2024 and 31/01/2024 is +2.11 %.

01 January 20241 MKD = 0.1425 MOP
02 January 20241 MKD = 0.1425 MOP
03 January 20241 MKD = 0.1410 MOP
04 January 20241 MKD = 0.1402 MOP
05 January 20241 MKD = 0.1409 MOP
06 January 20241 MKD = 0.1438 MOP
07 January 20241 MKD = 0.1438 MOP
08 January 20241 MKD = 0.1418 MOP
09 January 20241 MKD = 0.1409 MOP
10 January 20241 MKD = 0.1408 MOP
11 January 20241 MKD = 0.1415 MOP
12 January 20241 MKD = 0.1415 MOP
14 January 20241 MKD = 0.1442 MOP
15 January 20241 MKD = 0.1412 MOP
16 January 20241 MKD = 0.1410 MOP
17 January 20241 MKD = 0.1405 MOP
18 January 20241 MKD = 0.1401 MOP
19 January 20241 MKD = 0.1402 MOP
22 January 20241 MKD = 0.1416 MOP
23 January 20241 MKD = 0.1402 MOP
24 January 20241 MKD = 0.1396 MOP
25 January 20241 MKD = 0.1403 MOP
26 January 20241 MKD = 0.1398 MOP
28 January 20241 MKD = 0.1424 MOP
29 January 20241 MKD = 0.1411 MOP
30 January 20241 MKD = 0.1392 MOP
31 January 20241 MKD = 0.1395 MOP

01/07/2020: Euro as legal tender

North Macedonia officially adopted the Euro as its currency, replacing the Macedonian Denar for all monetary transactions.

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.

15/05/2018: Denar's symbol adoption

The official symbol for the Macedonian Denar (den) was adopted, representing the currency in both domestic and international transactions.

10/10/2005: Denar's full Euro peg

The Macedonian Denar was fully pegged to the Euro at a fixed exchange rate of 61.5 Denars to 1 Euro.

29/04/2003: Replacement of banknotes

New series of banknotes with enhanced security features were introduced, replacing the older versions.

05/11/2001: Denar's devaluation

Due to the political crisis in Macedonia, the Denar underwent a significant devaluation, losing around 40% of its value against the Euro.

15/05/1995: Denar's peg to the German Mark

The Macedonian Denar was pegged to the German Mark at a rate of 1 Denar to 1.5 Deutsche Mark, establishing a stable exchange rate.

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.

26/11/1992: Introduction of the Macedonian Denar

The Macedonian Denar was introduced as the official currency of the Republic of Macedonia following its declaration of independence from Yugoslavia.

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.

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.
MKD MOP August 2023
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