Historic Macanese pataca Australian dollar

Macanese pataca australian dollar history for February 2024. The highest quote for this month is 0.19684 (13/02/2024) and the lowest 0.19585 (14/02/2024). The difference between high and low is 0.5.

MOP AUD average rate for February 2024 is 0.19333, the change between 01/02/2024 and 29/02/2024 is -0.96 %.

01 February 20241 MOP = 0.1940 AUD
02 February 20241 MOP = 0.1933 AUD
03 February 20241 MOP = 0.1906 AUD
04 February 20241 MOP = 0.1905 AUD
05 February 20241 MOP = 0.1936 AUD
06 February 20241 MOP = 0.1958 AUD
07 February 20241 MOP = 0.1944 AUD
08 February 20241 MOP = 0.1948 AUD
09 February 20241 MOP = 0.1955 AUD
10 February 20241 MOP = 0.1903 AUD
11 February 20241 MOP = 0.1904 AUD
12 February 20241 MOP = 0.1949 AUD
13 February 20241 MOP = 0.1947 AUD
14 February 20241 MOP = 0.1970 AUD
15 February 20241 MOP = 0.1956 AUD
16 February 20241 MOP = 0.1949 AUD
17 February 20241 MOP = 0.1900 AUD
18 February 20241 MOP = 0.1900 AUD
19 February 20241 MOP = 0.1943 AUD
20 February 20241 MOP = 0.1946 AUD
21 February 20241 MOP = 0.1939 AUD
22 February 20241 MOP = 0.1939 AUD
23 February 20241 MOP = 0.1936 AUD
24 February 20241 MOP = 0.1891 AUD
25 February 20241 MOP = 0.1891 AUD
26 February 20241 MOP = 0.1936 AUD
27 February 20241 MOP = 0.1943 AUD
28 February 20241 MOP = 0.1941 AUD
29 February 20241 MOP = 0.1959 AUD

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

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.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

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.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

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.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

08/06/1967: Link with Portuguese escudo reestablished

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

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

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.
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