Moroccan dirham macanese pataca exchange rate history (MAD MOP) November 2023

Moroccan dirham macanese pataca history for November 2023. The highest quote for this month is 0.79934 (22/11/2023) and the lowest 0.80683 (30/11/2023). The difference between high and low is -0.94.

MAD MOP average rate for November 2023 is 0.7818, the change between 01/11/2023 and 30/11/2023 is -2.18 %.

01 November 2023	1 MAD = 0.7654 MOP
02 November 2023	1 MAD = 0.7631 MOP
03 November 2023	1 MAD = 0.7914 MOP
06 November 2023	1 MAD = 0.7902 MOP
07 November 2023	1 MAD = 0.7715 MOP
08 November 2023	1 MAD = 0.7687 MOP
09 November 2023	1 MAD = 0.7725 MOP
10 November 2023	1 MAD = 0.7683 MOP
12 November 2023	1 MAD = 0.7878 MOP
13 November 2023	1 MAD = 0.7918 MOP
14 November 2023	1 MAD = 0.7695 MOP
15 November 2023	1 MAD = 0.7751 MOP
16 November 2023	1 MAD = 0.7745 MOP
17 November 2023	1 MAD = 0.7740 MOP
18 November 2023	1 MAD = 0.7906 MOP
19 November 2023	1 MAD = 0.7909 MOP
20 November 2023	1 MAD = 0.7985 MOP
21 November 2023	1 MAD = 0.7741 MOP
22 November 2023	1 MAD = 0.7743 MOP
23 November 2023	1 MAD = 0.7987 MOP
24 November 2023	1 MAD = 0.7998 MOP
26 November 2023	1 MAD = 0.7953 MOP
27 November 2023	1 MAD = 0.7998 MOP
28 November 2023	1 MAD = 0.7778 MOP
29 November 2023	1 MAD = 0.7812 MOP
30 November 2023	1 MAD = 0.7821 MOP

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

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.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

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.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the 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.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

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.

Historic Moroccan dirham Macanese pataca