Historic Australian dollar Macanese pataca

Australian dollar macanese pataca history for January 2024. The highest quote for this month is 5.4039 (07/01/2024) and the lowest 5.4035 (06/01/2024). The difference between high and low is 0.01.

AUD MOP average rate for January 2024 is 5.26676, the change between 01/01/2024 and 31/01/2024 is +3.5 %.

01 January 20241 AUD = 5.38 MOP
02 January 20241 AUD = 5.37 MOP
03 January 20241 AUD = 5.32 MOP
04 January 20241 AUD = 5.29 MOP
05 January 20241 AUD = 5.27 MOP
06 January 20241 AUD = 5.40 MOP
07 January 20241 AUD = 5.40 MOP
08 January 20241 AUD = 5.27 MOP
09 January 20241 AUD = 5.28 MOP
10 January 20241 AUD = 5.26 MOP
11 January 20241 AUD = 5.28 MOP
12 January 20241 AUD = 5.27 MOP
13 January 20241 AUD = 5.39 MOP
14 January 20241 AUD = 5.39 MOP
15 January 20241 AUD = 5.26 MOP
16 January 20241 AUD = 5.23 MOP
17 January 20241 AUD = 5.20 MOP
18 January 20241 AUD = 5.16 MOP
19 January 20241 AUD = 5.18 MOP
20 January 20241 AUD = 5.31 MOP
21 January 20241 AUD = 5.31 MOP
22 January 20241 AUD = 5.19 MOP
23 January 20241 AUD = 5.17 MOP
24 January 20241 AUD = 5.18 MOP
25 January 20241 AUD = 5.18 MOP
26 January 20241 AUD = 5.18 MOP
27 January 20241 AUD = 5.29 MOP
28 January 20241 AUD = 5.29 MOP
29 January 20241 AUD = 5.18 MOP
30 January 20241 AUD = 5.20 MOP
31 January 20241 AUD = 5.19 MOP

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

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.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

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.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

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.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

08/06/1967: Link with Portuguese escudo reestablished

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

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

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.
AUD MOP January 2024
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