Historic Libyan dinar Macanese pataca

Libyan dinar macanese pataca history for September 2023. The highest quote for this month is 1.6569 (23/09/2023) and the lowest 1.6552 (23/09/2023). The difference between high and low is 0.1.

LYD MOP average rate for September 2023 is 1.63415, the change between 01/09/2023 and 30/09/2023 is -0.48 %.

01 September 20231 LYD = 1.646 MOP
04 September 20231 LYD = 1.649 MOP
05 September 20231 LYD = 1.646 MOP
06 September 20231 LYD = 1.648 MOP
07 September 20231 LYD = 1.636 MOP
08 September 20231 LYD = 1.629 MOP
11 September 20231 LYD = 1.634 MOP
12 September 20231 LYD = 1.633 MOP
13 September 20231 LYD = 1.638 MOP
14 September 20231 LYD = 1.637 MOP
15 September 20231 LYD = 1.634 MOP
18 September 20231 LYD = 1.634 MOP
19 September 20231 LYD = 1.625 MOP
20 September 20231 LYD = 1.622 MOP
21 September 20231 LYD = 1.627 MOP
22 September 20231 LYD = 1.630 MOP
23 September 20231 LYD = 1.657 MOP
25 September 20231 LYD = 1.624 MOP
26 September 20231 LYD = 1.621 MOP
27 September 20231 LYD = 1.619 MOP
28 September 20231 LYD = 1.623 MOP
29 September 20231 LYD = 1.620 MOP
30 September 20231 LYD = 1.654 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.