Historic Libyan dinar Macanese pataca

Libyan dinar macanese pataca history for January 2024. The highest quote for this month is 1.6822 (14/01/2024) and the lowest 1.6866 (06/01/2024). The difference between high and low is -0.26.

LYD MOP average rate for January 2024 is 1.65117, the change between 01/01/2024 and 31/01/2024 is +1.51 %.

01 January 20241 LYD = 1.660 MOP
02 January 20241 LYD = 1.660 MOP
03 January 20241 LYD = 1.657 MOP
04 January 20241 LYD = 1.653 MOP
05 January 20241 LYD = 1.644 MOP
06 January 20241 LYD = 1.680 MOP
07 January 20241 LYD = 1.680 MOP
08 January 20241 LYD = 1.647 MOP
09 January 20241 LYD = 1.643 MOP
10 January 20241 LYD = 1.649 MOP
11 January 20241 LYD = 1.650 MOP
12 January 20241 LYD = 1.650 MOP
14 January 20241 LYD = 1.682 MOP
15 January 20241 LYD = 1.652 MOP
16 January 20241 LYD = 1.650 MOP
17 January 20241 LYD = 1.647 MOP
18 January 20241 LYD = 1.641 MOP
19 January 20241 LYD = 1.640 MOP
22 January 20241 LYD = 1.644 MOP
23 January 20241 LYD = 1.639 MOP
24 January 20241 LYD = 1.643 MOP
25 January 20241 LYD = 1.639 MOP
26 January 20241 LYD = 1.643 MOP
28 January 20241 LYD = 1.673 MOP
29 January 20241 LYD = 1.643 MOP
30 January 20241 LYD = 1.637 MOP
31 January 20241 LYD = 1.635 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.
LYD MOP August 2023
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