Historic Romanian leu Macanese pataca

Romanian leu macanese pataca history for February 2024. The highest quote for this month is 1.7539 (24/02/2024) and the lowest 1.7584 (11/02/2024). The difference between high and low is -0.26.

RON MOP average rate for February 2024 is 1.72021, the change between 01/02/2024 and 29/02/2024 is -0.54 %.

01 February 20241 RON = 1.707 MOP
02 February 20241 RON = 1.723 MOP
03 February 20241 RON = 1.748 MOP
04 February 20241 RON = 1.750 MOP
05 February 20241 RON = 1.725 MOP
06 February 20241 RON = 1.703 MOP
07 February 20241 RON = 1.704 MOP
08 February 20241 RON = 1.706 MOP
09 February 20241 RON = 1.707 MOP
10 February 20241 RON = 1.745 MOP
11 February 20241 RON = 1.746 MOP
12 February 20241 RON = 1.704 MOP
13 February 20241 RON = 1.705 MOP
14 February 20241 RON = 1.695 MOP
15 February 20241 RON = 1.698 MOP
16 February 20241 RON = 1.704 MOP
17 February 20241 RON = 1.746 MOP
18 February 20241 RON = 1.745 MOP
19 February 20241 RON = 1.704 MOP
20 February 20241 RON = 1.706 MOP
21 February 20241 RON = 1.712 MOP
22 February 20241 RON = 1.713 MOP
23 February 20241 RON = 1.715 MOP
24 February 20241 RON = 1.754 MOP
25 February 20241 RON = 1.754 MOP
26 February 20241 RON = 1.711 MOP
27 February 20241 RON = 1.720 MOP
28 February 20241 RON = 1.720 MOP
29 February 20241 RON = 1.717 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.

01/04/2019: Romania plans to adopt the euro

The Romanian government announces its intention to join the Eurozone and set a target date for adopting the euro as the national currency.

01/06/2005: Currency redenomination

Romania underwent a currency redenomination, with 10,000 old lei being exchanged for 1 new leu, to simplify transactions and eliminate zeros.

01/07/2003: Romania joins EU Accession

As part of joining the European Union, Romania pledges to adopt the euro in the future, aiming for greater economic integration.

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.

28/02/1991: End of communist era

As communism collapsed, Romania undergoes economic reforms and introduces a free-floating exchange rate system for the leu.

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.

30/12/1947: Communist regime introduces new leu

In an attempt to devalue the currency and control the economy, the Communist regime introduces a new leu at a ratio of 1:20,000.

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.

01/03/1901: Introduction of the gold standard

Romanian leu was tied to the gold standard, ensuring the stability of the currency and attracting foreign investments.

01/04/1867: Creation of the Romanian leu

The leu was established as the official currency of Romania, replacing the previous currencies in circulation.
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