Djiboutian franc macanese pataca exchange rate history (DJF MOP) December 2023

Djiboutian franc macanese pataca history for December 2023. The highest quote for this month is 0.045331 (02/12/2023) and the lowest 0.045718 (23/12/2023). The difference between high and low is -0.85.

DJF MOP average rate for December 2023 is 0.04477, the change between 01/12/2023 and 31/12/2023 is -2.26 %.

01 December 2023	1 DJF = 0.0442 MOP
02 December 2023	1 DJF = 0.0453 MOP
03 December 2023	1 DJF = 0.0453 MOP
04 December 2023	1 DJF = 0.0452 MOP
05 December 2023	1 DJF = 0.0443 MOP
06 December 2023	1 DJF = 0.0443 MOP
07 December 2023	1 DJF = 0.0452 MOP
08 December 2023	1 DJF = 0.0443 MOP
10 December 2023	1 DJF = 0.0453 MOP
11 December 2023	1 DJF = 0.0452 MOP
12 December 2023	1 DJF = 0.0442 MOP
13 December 2023	1 DJF = 0.0452 MOP
14 December 2023	1 DJF = 0.0442 MOP
15 December 2023	1 DJF = 0.0442 MOP
16 December 2023	1 DJF = 0.0453 MOP
17 December 2023	1 DJF = 0.0453 MOP
18 December 2023	1 DJF = 0.0452 MOP
19 December 2023	1 DJF = 0.0442 MOP
20 December 2023	1 DJF = 0.0441 MOP
21 December 2023	1 DJF = 0.0442 MOP
22 December 2023	1 DJF = 0.0449 MOP
23 December 2023	1 DJF = 0.0453 MOP
24 December 2023	1 DJF = 0.0453 MOP
25 December 2023	1 DJF = 0.0452 MOP
26 December 2023	1 DJF = 0.0443 MOP
27 December 2023	1 DJF = 0.0443 MOP
28 December 2023	1 DJF = 0.0442 MOP
29 December 2023	1 DJF = 0.0452 MOP

04/06/2020: Exchange rate stabilization

Efforts were made to stabilize the exchange rate of the Djiboutian franc to reduce inflation and encourage economic growth.

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.

01/09/2013: Replacement of coins with bi-metallic coins

Coins of lower denominations of the Djiboutian franc were replaced with bi-metallic coins.

01/01/2002: Introduction of new banknotes

New banknotes of the Djiboutian franc were introduced with enhanced security features.

15/09/1997: Second devaluation

The Djiboutian franc was devalued by 33% as a result of economic instability and high inflation.

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.

20/10/1977: Internationalization of the pataca

Macau allowed the international use and exchange of the Macanese pataca, strengthening its role as a stable and convertible currency.

08/05/1977: First devaluation

The Djiboutian franc was devalued by 50% due to economic difficulties faced by the newly independent country.

27/06/1973: Independence from France

Djibouti gained independence from France and the Djiboutian franc became the national 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.

01/01/1949: Introduction of the Djiboutian franc

The Djiboutian franc was introduced as the official currency of French Somaliland, replacing the French franc at a 1:1 exchange rate.

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.

Historic Djiboutian franc Macanese pataca