Historic Iraqi dinar Macanese pataca

Iraqi dinar macanese pataca history for January 2024. The highest quote for this month is 0.006154 (14/01/2024) and the lowest 0.006155 (06/01/2024). The difference between high and low is -0.02.

IQD MOP average rate for January 2024 is 0.00608, the change between 01/01/2024 and 31/01/2024 is +2 %.

01 January 20241 IQD = 0.0061 MOP
02 January 20241 IQD = 0.0061 MOP
03 January 20241 IQD = 0.0060 MOP
04 January 20241 IQD = 0.0060 MOP
05 January 20241 IQD = 0.0060 MOP
06 January 20241 IQD = 0.0061 MOP
07 January 20241 IQD = 0.0061 MOP
08 January 20241 IQD = 0.0061 MOP
09 January 20241 IQD = 0.0060 MOP
10 January 20241 IQD = 0.0061 MOP
11 January 20241 IQD = 0.0060 MOP
12 January 20241 IQD = 0.0061 MOP
14 January 20241 IQD = 0.0062 MOP
15 January 20241 IQD = 0.0061 MOP
16 January 20241 IQD = 0.0061 MOP
17 January 20241 IQD = 0.0061 MOP
18 January 20241 IQD = 0.0060 MOP
19 January 20241 IQD = 0.0060 MOP
22 January 20241 IQD = 0.0061 MOP
23 January 20241 IQD = 0.0060 MOP
24 January 20241 IQD = 0.0060 MOP
25 January 20241 IQD = 0.0060 MOP
26 January 20241 IQD = 0.0060 MOP
28 January 20241 IQD = 0.0061 MOP
29 January 20241 IQD = 0.0061 MOP
30 January 20241 IQD = 0.0060 MOP
31 January 20241 IQD = 0.0060 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.

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

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.

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.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.

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.
IQD MOP January 2024
IQD MOP February 2024
IQD MOP March 2024
IQD MOP April 2024
IQD MOP May 2024
IQD MOP June 2024
IQD MOP July 2024
IQD MOP August 2024
IQD MOP September 2024
IQD MOP October 2024
IQD MOP November 2024
IQD MOP December 2024
IQD MOP January 2025