Historic Libyan dinar Macanese pataca

Libyan dinar macanese pataca history for February 2024. The highest quote for this month is 1.6722 (03/02/2024) and the lowest 1.678 (03/02/2024). The difference between high and low is -0.35.

LYD MOP average rate for February 2024 is 1.64315, the change between 01/02/2024 and 29/02/2024 is -0.15 %.

01 February 20241 LYD = 1.636 MOP
02 February 20241 LYD = 1.643 MOP
03 February 20241 LYD = 1.672 MOP
04 February 20241 LYD = 1.670 MOP
05 February 20241 LYD = 1.639 MOP
06 February 20241 LYD = 1.640 MOP
07 February 20241 LYD = 1.645 MOP
08 February 20241 LYD = 1.633 MOP
09 February 20241 LYD = 1.632 MOP
12 February 20241 LYD = 1.637 MOP
13 February 20241 LYD = 1.636 MOP
14 February 20241 LYD = 1.632 MOP
15 February 20241 LYD = 1.629 MOP
16 February 20241 LYD = 1.628 MOP
17 February 20241 LYD = 1.666 MOP
18 February 20241 LYD = 1.665 MOP
19 February 20241 LYD = 1.633 MOP
20 February 20241 LYD = 1.635 MOP
21 February 20241 LYD = 1.633 MOP
22 February 20241 LYD = 1.633 MOP
23 February 20241 LYD = 1.637 MOP
24 February 20241 LYD = 1.672 MOP
25 February 20241 LYD = 1.672 MOP
26 February 20241 LYD = 1.639 MOP
27 February 20241 LYD = 1.633 MOP
28 February 20241 LYD = 1.637 MOP
29 February 20241 LYD = 1.639 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.

06/09/2018: Announcement of new dinar notes

The Central Bank of Libya announces the release of new dinar banknotes with enhanced security features to combat counterfeiting.

28/07/2014: Recognition of rival governments

The Libyan Supreme Court recognizes two rival governments, further fragmenting the country and impacting the value of the dinar.

17/02/2011: Start of the Libyan Civil War

The Libyan Civil War begins, leading to political instability and further devaluation of the Libyan 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.

07/04/1986: US imposes economic sanctions

The United States imposes economic sanctions on Libya, severely impacting the value and stability of the Libyan dinar.

02/03/1978: Establishment of the Central Bank of Libya

The Central Bank of Libya is established, becoming the sole authority responsible for issuing and managing the Libyan 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.

08/09/1971: Introduction of the Libyan dinar

The Libyan pound is replaced by the Libyan dinar, at a rate of 1 dinar = 1 pound.

08/06/1967: Link with Portuguese escudo reestablished

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

24/12/1951: Independence of Libya

Libya gains independence from Italy, introducing the Libyan pound as its currency.

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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