Historic Macanese pataca Algerian dinar

Macanese pataca algerian dinar history for January 2024. The highest quote for this month is 17.104 (30/01/2024) and the lowest 16.966 (01/01/2024). The difference between high and low is 0.81.

MOP DZD average rate for January 2024 is 16.98356, the change between 01/01/2024 and 31/01/2024 is -0.39 %.

01 January 20241 MOP = 16.98 DZD
02 January 20241 MOP = 16.97 DZD
03 January 20241 MOP = 17.05 DZD
04 January 20241 MOP = 17.09 DZD
05 January 20241 MOP = 17.06 DZD
06 January 20241 MOP = 16.66 DZD
07 January 20241 MOP = 16.66 DZD
08 January 20241 MOP = 17.08 DZD
09 January 20241 MOP = 17.07 DZD
10 January 20241 MOP = 17.05 DZD
11 January 20241 MOP = 17.03 DZD
12 January 20241 MOP = 17.01 DZD
14 January 20241 MOP = 16.67 DZD
15 January 20241 MOP = 17.05 DZD
16 January 20241 MOP = 17.07 DZD
17 January 20241 MOP = 17.01 DZD
18 January 20241 MOP = 17.04 DZD
19 January 20241 MOP = 17.07 DZD
22 January 20241 MOP = 17.02 DZD
23 January 20241 MOP = 17.01 DZD
24 January 20241 MOP = 17.04 DZD
25 January 20241 MOP = 17.00 DZD
26 January 20241 MOP = 17.04 DZD
28 January 20241 MOP = 16.68 DZD
29 January 20241 MOP = 17.03 DZD
30 January 20241 MOP = 17.08 DZD
31 January 20241 MOP = 17.05 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.
MOP DZD January 2024
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