Historic Cambodian Riel Macanese pataca

Cambodian Riel macanese pataca history for January 2024. The highest quote for this month is 0.001979 (14/01/2024) and the lowest 0.001979 (14/01/2024). The difference between high and low is 0.

KHR MOP average rate for January 2024 is 0.00195, the change between 01/01/2024 and 31/01/2024 is +1.83 %.

01 January 20241 KHR = 0.0020 MOP
02 January 20241 KHR = 0.0020 MOP
03 January 20241 KHR = 0.0019 MOP
04 January 20241 KHR = 0.0019 MOP
05 January 20241 KHR = 0.0019 MOP
06 January 20241 KHR = 0.0020 MOP
07 January 20241 KHR = 0.0020 MOP
08 January 20241 KHR = 0.0020 MOP
09 January 20241 KHR = 0.0019 MOP
10 January 20241 KHR = 0.0020 MOP
11 January 20241 KHR = 0.0019 MOP
12 January 20241 KHR = 0.0019 MOP
14 January 20241 KHR = 0.0020 MOP
15 January 20241 KHR = 0.0020 MOP
16 January 20241 KHR = 0.0020 MOP
17 January 20241 KHR = 0.0020 MOP
18 January 20241 KHR = 0.0019 MOP
19 January 20241 KHR = 0.0019 MOP
22 January 20241 KHR = 0.0020 MOP
23 January 20241 KHR = 0.0019 MOP
24 January 20241 KHR = 0.0019 MOP
25 January 20241 KHR = 0.0019 MOP
26 January 20241 KHR = 0.0019 MOP
28 January 20241 KHR = 0.0020 MOP
29 January 20241 KHR = 0.0020 MOP
30 January 20241 KHR = 0.0019 MOP
31 January 20241 KHR = 0.0019 MOP

22/04/2020: COVID-19 Impact

The COVID-19 pandemic caused disruptions in the Cambodian economy, leading to a decline in the value of the Riel.

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.

04/01/2001: Riel Redenomination

The Cambodian government redenominated the Riel by removing four zeros, making it easier for transactions.

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.

20/03/1995: Dollarization

Cambodia officially adopted a dual currency system, allowing the use of both Riel and the United States Dollar.

20/03/1994: Currency Stabilization

Cambodia implemented a new currency stabilization plan to control hyperinflation and stabilize the Riel.

07/01/1979: Liberation of Cambodia

Vietnamese forces liberated Cambodia from the Khmer Rouge, leading to the reestablishment of the Riel.

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.

17/04/1975: Khmer Rouge Regime

The Khmer Rouge regime took control of Cambodia, resulting in the abolition of currency and economic collapse.

08/06/1967: Link with Portuguese escudo reestablished

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

11/07/1951: Introduction of the Riel

The Riel was established as the official currency of Cambodia, replacing the French Indochinese Piastre.

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.
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