Historic Algerian dinar Macanese pataca

Algerian dinar macanese pataca history for February 2024. The highest quote for this month is 0.060107 (04/02/2024) and the lowest 0.060229 (03/02/2024). The difference between high and low is -0.2.

DZD MOP average rate for February 2024 is 0.05899, the change between 01/02/2024 and 29/02/2024 is -0.38 %.

01 February 20241 DZD = 0.0585 MOP
02 February 20241 DZD = 0.0585 MOP
03 February 20241 DZD = 0.0601 MOP
04 February 20241 DZD = 0.0601 MOP
05 February 20241 DZD = 0.0593 MOP
06 February 20241 DZD = 0.0586 MOP
07 February 20241 DZD = 0.0586 MOP
08 February 20241 DZD = 0.0587 MOP
09 February 20241 DZD = 0.0587 MOP
12 February 20241 DZD = 0.0587 MOP
13 February 20241 DZD = 0.0586 MOP
14 February 20241 DZD = 0.0586 MOP
15 February 20241 DZD = 0.0586 MOP
16 February 20241 DZD = 0.0586 MOP
17 February 20241 DZD = 0.0600 MOP
18 February 20241 DZD = 0.0600 MOP
19 February 20241 DZD = 0.0587 MOP
20 February 20241 DZD = 0.0587 MOP
21 February 20241 DZD = 0.0587 MOP
22 February 20241 DZD = 0.0588 MOP
23 February 20241 DZD = 0.0588 MOP
24 February 20241 DZD = 0.0601 MOP
25 February 20241 DZD = 0.0601 MOP
26 February 20241 DZD = 0.0587 MOP
27 February 20241 DZD = 0.0587 MOP
28 February 20241 DZD = 0.0587 MOP
29 February 20241 DZD = 0.0587 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.

20/12/2017: Devaluation of Algerian Dinar

The Algerian dinar was devalued again, as it faced economic challenges and low oil prices.

29/06/2014: 50th Anniversary of Algerian Dinar

Algeria celebrated the 50th anniversary of the introduction of the Algerian dinar as its national currency.

21/12/1999: Introduction of Euro-Dinar Exchange Rate

The euro-dinar exchange rate was introduced, replacing the French franc as the peg currency for the Algerian dinar.

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.

17/09/1994: Introduction of New Dinar

A new series of banknotes was introduced in Algeria, with the intent of stabilizing the currency and reducing inflation.

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.

10/11/1973: Devaluation of Algerian Dinar

The Algerian dinar was devalued by 30%, as a result of the global oil crisis and economic challenges faced by Algeria.

07/05/1971: Algerian Dinar Pegged to French Franc

The Algerian dinar was pegged to the French franc at a rate of 1 dinar to 1.20 francs, establishing a fixed exchange rate.

08/06/1967: Link with Portuguese escudo reestablished

The Macanese pataca was once again pegged to the Portuguese escudo, ending the gold standard era.

01/10/1964: Introduction of Algerian Dinar

The Algerian dinar was introduced as the official currency of Algeria, replacing the French franc at a rate of 1 dinar to 100 francs.

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.
DZD MOP January 2024
DZD MOP February 2024
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