Namibian dollar macanese pataca exchange rate history (NAD MOP) December 2023

Namibian dollar macanese pataca history for December 2023. The highest quote for this month is 0.43811 (16/12/2023) and the lowest 0.44071 (23/12/2023). The difference between high and low is -0.59.

NAD MOP average rate for December 2023 is 0.42476, the change between 01/12/2023 and 31/12/2023 is -2.38 %.

01 December 2023	1 NAD = 0.4204 MOP
02 December 2023	1 NAD = 0.4323 MOP
03 December 2023	1 NAD = 0.4321 MOP
04 December 2023	1 NAD = 0.4231 MOP
05 December 2023	1 NAD = 0.4232 MOP
06 December 2023	1 NAD = 0.4147 MOP
07 December 2023	1 NAD = 0.4162 MOP
08 December 2023	1 NAD = 0.4199 MOP
10 December 2023	1 NAD = 0.4244 MOP
11 December 2023	1 NAD = 0.4151 MOP
12 December 2023	1 NAD = 0.4123 MOP
13 December 2023	1 NAD = 0.4121 MOP
14 December 2023	1 NAD = 0.4122 MOP
15 December 2023	1 NAD = 0.4118 MOP
16 December 2023	1 NAD = 0.4381 MOP
17 December 2023	1 NAD = 0.4381 MOP
18 December 2023	1 NAD = 0.4140 MOP
19 December 2023	1 NAD = 0.4297 MOP
20 December 2023	1 NAD = 0.4294 MOP
21 December 2023	1 NAD = 0.4303 MOP
22 December 2023	1 NAD = 0.4305 MOP
23 December 2023	1 NAD = 0.4372 MOP
24 December 2023	1 NAD = 0.4364 MOP
25 December 2023	1 NAD = 0.4292 MOP
26 December 2023	1 NAD = 0.4292 MOP
27 December 2023	1 NAD = 0.4233 MOP
28 December 2023	1 NAD = 0.4277 MOP
29 December 2023	1 NAD = 0.4304 MOP

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.

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

01/01/2002: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

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.

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

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.

Historic Namibian dollar Macanese pataca