Historic Swiss franc Macanese pataca

Swiss franc macanese pataca history for December 2023. The highest quote for this month is 9.562 (31/12/2023) and the lowest 9.562 (31/12/2023). The difference between high and low is 0.

CHF MOP average rate for December 2023 is 9.14696, the change between 01/12/2023 and 31/12/2023 is -6.38 %.

01 December 20231 CHF = 8.99 MOP
02 December 20231 CHF = 9.27 MOP
03 December 20231 CHF = 9.26 MOP
04 December 20231 CHF = 9.07 MOP
05 December 20231 CHF = 9.02 MOP
06 December 20231 CHF = 8.99 MOP
07 December 20231 CHF = 8.99 MOP
08 December 20231 CHF = 8.99 MOP
10 December 20231 CHF = 9.14 MOP
11 December 20231 CHF = 8.95 MOP
12 December 20231 CHF = 8.95 MOP
13 December 20231 CHF = 8.98 MOP
14 December 20231 CHF = 9.03 MOP
15 December 20231 CHF = 9.06 MOP
18 December 20231 CHF = 9.07 MOP
19 December 20231 CHF = 9.05 MOP
20 December 20231 CHF = 9.12 MOP
21 December 20231 CHF = 9.11 MOP
22 December 20231 CHF = 9.18 MOP
23 December 20231 CHF = 9.42 MOP
24 December 20231 CHF = 9.41 MOP
25 December 20231 CHF = 9.21 MOP
26 December 20231 CHF = 9.20 MOP
27 December 20231 CHF = 9.23 MOP
28 December 20231 CHF = 9.33 MOP
29 December 20231 CHF = 9.38 MOP
31 December 20231 CHF = 9.56 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.

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official currency.

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.

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

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.

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

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.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.
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