Historic Costa Rican colón Macanese pataca

Costa Rican colón macanese pataca history for November 2023. The highest quote for this month is 0.015207 (03/11/2023) and the lowest 0.015209 (06/11/2023). The difference between high and low is -0.01.

CRC MOP average rate for November 2023 is 0.01516, the change between 01/11/2023 and 30/11/2023 is +0.03 %.

01 November 20231 CRC = 0.0152 MOP
02 November 20231 CRC = 0.0152 MOP
03 November 20231 CRC = 0.0152 MOP
06 November 20231 CRC = 0.0152 MOP
07 November 20231 CRC = 0.0152 MOP
08 November 20231 CRC = 0.0151 MOP
09 November 20231 CRC = 0.0151 MOP
10 November 20231 CRC = 0.0152 MOP
12 November 20231 CRC = 0.0152 MOP
13 November 20231 CRC = 0.0152 MOP
14 November 20231 CRC = 0.0152 MOP
15 November 20231 CRC = 0.0152 MOP
16 November 20231 CRC = 0.0152 MOP
17 November 20231 CRC = 0.0152 MOP
18 November 20231 CRC = 0.0151 MOP
19 November 20231 CRC = 0.0151 MOP
20 November 20231 CRC = 0.0151 MOP
21 November 20231 CRC = 0.0151 MOP
22 November 20231 CRC = 0.0152 MOP
23 November 20231 CRC = 0.0151 MOP
24 November 20231 CRC = 0.0152 MOP
26 November 20231 CRC = 0.0151 MOP
27 November 20231 CRC = 0.0151 MOP
28 November 20231 CRC = 0.0151 MOP
29 November 20231 CRC = 0.0152 MOP
30 November 20231 CRC = 0.0152 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.

15/10/2006: New series of banknotes

Costa Rica introduced a new series of banknotes featuring enhanced security features to combat counterfeiting and modernize the colón 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.

21/05/1991: Free-floating exchange rate

Costa Rica transitioned to a floating exchange rate regime, allowing the colón's value to be determined by market forces.

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.

08/06/1967: Link with Portuguese escudo reestablished

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

09/11/1961: Introduction of the Monetary Reform

Costa Rica implemented a monetary reform, replacing the old colón with a new one at a rate of 1 to 100, to combat inflation.

30/11/1949: Abolition of the army

After the abolition of the army, the Costa Rican government focused on economic development, leading to stable monetary policies for the colón.

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.

14/12/1917: Establishment of the Central Bank of Costa Rica

The Central Bank of Costa Rica was established to oversee monetary policy, including the management of the colón.

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.

09/04/1896: Adoption of the gold standard

Costa Rica adopted the gold standard, pegging the value of the colón to gold, leading to currency stability.

18/03/1850: Introduction of the Costa Rican colón

The Costa Rican colón was officially introduced as the currency of Costa Rica to replace the Spanish real.
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