Historic Singapore dollar Macanese pataca

Singapore dollar macanese pataca history for January 2024. The highest quote for this month is 6.0532 (07/01/2024) and the lowest 6.0527 (06/01/2024). The difference between high and low is 0.01.

SGD MOP average rate for January 2024 is 5.9301, the change between 01/01/2024 and 31/01/2024 is +1.71 %.

01 January 20241 SGD = 5.97 MOP
02 January 20241 SGD = 5.98 MOP
03 January 20241 SGD = 5.93 MOP
04 January 20241 SGD = 5.91 MOP
05 January 20241 SGD = 5.91 MOP
06 January 20241 SGD = 6.05 MOP
07 January 20241 SGD = 6.05 MOP
08 January 20241 SGD = 5.90 MOP
09 January 20241 SGD = 5.91 MOP
10 January 20241 SGD = 5.91 MOP
11 January 20241 SGD = 5.92 MOP
12 January 20241 SGD = 5.92 MOP
13 January 20241 SGD = 6.05 MOP
14 January 20241 SGD = 6.05 MOP
15 January 20241 SGD = 5.90 MOP
16 January 20241 SGD = 5.90 MOP
17 January 20241 SGD = 5.88 MOP
18 January 20241 SGD = 5.86 MOP
19 January 20241 SGD = 5.86 MOP
20 January 20241 SGD = 6.01 MOP
21 January 20241 SGD = 6.01 MOP
22 January 20241 SGD = 5.87 MOP
23 January 20241 SGD = 5.86 MOP
24 January 20241 SGD = 5.87 MOP
25 January 20241 SGD = 5.87 MOP
26 January 20241 SGD = 5.87 MOP
27 January 20241 SGD = 6.00 MOP
28 January 20241 SGD = 6.00 MOP
29 January 20241 SGD = 5.87 MOP
30 January 20241 SGD = 5.87 MOP
31 January 20241 SGD = 5.87 MOP

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

20/10/1977: Internationalization of the pataca

Macau allowed the international use and exchange of the Macanese pataca, strengthening its role as a stable and convertible currency.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own 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.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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.