Historic Bhutanese ngultrum Macanese pataca

Bhutanese ngultrum macanese pataca history for November 2023. The highest quote for this month is 0.09492 (07/11/2023) and the lowest 0.09445 (16/11/2023). The difference between high and low is 0.5.

BTN MOP average rate for November 2023 is 0.09416, the change between 01/11/2023 and 30/11/2023 is -0.37 %.

06 November 20231 BTN = 0.0937 MOP
07 November 20231 BTN = 0.0946 MOP
08 November 20231 BTN = 0.0944 MOP
09 November 20231 BTN = 0.0944 MOP
10 November 20231 BTN = 0.0943 MOP
13 November 20231 BTN = 0.0939 MOP
14 November 20231 BTN = 0.0944 MOP
15 November 20231 BTN = 0.0944 MOP
16 November 20231 BTN = 0.0945 MOP
17 November 20231 BTN = 0.0944 MOP
20 November 20231 BTN = 0.0938 MOP
21 November 20231 BTN = 0.0940 MOP
22 November 20231 BTN = 0.0941 MOP
23 November 20231 BTN = 0.0941 MOP
24 November 20231 BTN = 0.0942 MOP
27 November 20231 BTN = 0.0938 MOP
28 November 20231 BTN = 0.0940 MOP
29 November 20231 BTN = 0.0941 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.

24/10/2018: 50 Ngultrum commemorative banknote issued

A special commemorative banknote of 50 Ngultrum was issued to celebrate the 50th Birth Anniversary of His Majesty Jigme Khesar Namgyel Wangchuck.

28/10/2013: 1000 Ngultrum banknote issued

A new denomination of 1000 Ngultrum banknote was introduced, reflecting the growing economy and need for larger denomination currency.

09/06/2011: Second series of Ngultrum banknotes issued

The second series of Bhutanese Ngultrum banknotes were issued, featuring improved security features and updated designs representing Bhutan's unique culture.

21/11/2006: Introduction of polymer banknotes

Polymer banknotes were introduced in Bhutan, replacing the older paper banknotes, to enhance durability and security of the 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.

04/03/1992: First series of Ngultrum banknotes issued

The first series of Bhutanese Ngultrum banknotes were issued in denominations of 1, 5, 10, 20, 50, and 100 Ngultrum, showcasing Bhutanese culture and landmarks.

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.

31/12/1975: Establishment of the Royal Monetary Authority of Bhutan

The Royal Monetary Authority of Bhutan was established as the central bank of Bhutan, responsible for managing the Ngultrum currency.

31/05/1974: Introduction of the Bhutanese Ngultrum

The Bhutanese Ngultrum was introduced as the official currency of Bhutan to replace the Indian Rupee.

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.

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.