Historic Libyan dinar Macanese pataca

Libyan dinar macanese pataca history for November 2023. The highest quote for this month is 1.6695 (26/11/2023) and the lowest 1.6694 (26/11/2023). The difference between high and low is 0.01.

LYD MOP average rate for November 2023 is 1.63309, the change between 01/11/2023 and 30/11/2023 is -1.68 %.

01 November 20231 LYD = 1.616 MOP
02 November 20231 LYD = 1.618 MOP
03 November 20231 LYD = 1.617 MOP
06 November 20231 LYD = 1.620 MOP
07 November 20231 LYD = 1.630 MOP
08 November 20231 LYD = 1.628 MOP
09 November 20231 LYD = 1.616 MOP
10 November 20231 LYD = 1.620 MOP
12 November 20231 LYD = 1.656 MOP
13 November 20231 LYD = 1.623 MOP
14 November 20231 LYD = 1.618 MOP
15 November 20231 LYD = 1.620 MOP
16 November 20231 LYD = 1.618 MOP
17 November 20231 LYD = 1.634 MOP
18 November 20231 LYD = 1.661 MOP
19 November 20231 LYD = 1.661 MOP
20 November 20231 LYD = 1.629 MOP
21 November 20231 LYD = 1.634 MOP
22 November 20231 LYD = 1.637 MOP
23 November 20231 LYD = 1.641 MOP
24 November 20231 LYD = 1.638 MOP
26 November 20231 LYD = 1.669 MOP
27 November 20231 LYD = 1.638 MOP
28 November 20231 LYD = 1.634 MOP
29 November 20231 LYD = 1.644 MOP
30 November 20231 LYD = 1.643 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.