Historic Macanese pataca Algerian dinar

Macanese pataca algerian dinar history for February 2024. The highest quote for this month is 17.114 (15/02/2024) and the lowest 17.012 (23/02/2024). The difference between high and low is 0.6.

MOP DZD average rate for February 2024 is 16.95289, the change between 01/02/2024 and 29/02/2024 is +0.37 %.

01 February 20241 MOP = 17.09 DZD
02 February 20241 MOP = 17.08 DZD
03 February 20241 MOP = 16.64 DZD
04 February 20241 MOP = 16.64 DZD
05 February 20241 MOP = 16.88 DZD
06 February 20241 MOP = 17.07 DZD
07 February 20241 MOP = 17.08 DZD
08 February 20241 MOP = 17.04 DZD
09 February 20241 MOP = 17.03 DZD
12 February 20241 MOP = 17.03 DZD
13 February 20241 MOP = 17.06 DZD
14 February 20241 MOP = 17.08 DZD
15 February 20241 MOP = 17.06 DZD
16 February 20241 MOP = 17.08 DZD
17 February 20241 MOP = 16.67 DZD
18 February 20241 MOP = 16.67 DZD
19 February 20241 MOP = 17.03 DZD
20 February 20241 MOP = 17.04 DZD
21 February 20241 MOP = 17.03 DZD
22 February 20241 MOP = 17.01 DZD
23 February 20241 MOP = 17.02 DZD
24 February 20241 MOP = 16.65 DZD
25 February 20241 MOP = 16.65 DZD
26 February 20241 MOP = 17.03 DZD
27 February 20241 MOP = 17.04 DZD
28 February 20241 MOP = 17.04 DZD
29 February 20241 MOP = 17.03 DZD

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.

20/12/2017: Devaluation of Algerian Dinar

The Algerian dinar was devalued again, as it faced economic challenges and low oil prices.

29/06/2014: 50th Anniversary of Algerian Dinar

Algeria celebrated the 50th anniversary of the introduction of the Algerian dinar as its national currency.

21/12/1999: Introduction of Euro-Dinar Exchange Rate

The euro-dinar exchange rate was introduced, replacing the French franc as the peg currency for the Algerian 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.

17/09/1994: Introduction of New Dinar

A new series of banknotes was introduced in Algeria, with the intent of stabilizing the currency and reducing inflation.

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.

10/11/1973: Devaluation of Algerian Dinar

The Algerian dinar was devalued by 30%, as a result of the global oil crisis and economic challenges faced by Algeria.

07/05/1971: Algerian Dinar Pegged to French Franc

The Algerian dinar was pegged to the French franc at a rate of 1 dinar to 1.20 francs, establishing a fixed exchange rate.

08/06/1967: Link with Portuguese escudo reestablished

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

01/10/1964: Introduction of Algerian Dinar

The Algerian dinar was introduced as the official currency of Algeria, replacing the French franc at a rate of 1 dinar to 100 francs.

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.