Historic Macanese pataca Pound sterling

Macanese pataca pound sterling history for January 2024. The highest quote for this month is 0.10085 (05/01/2024) and the lowest 0.10064 (03/01/2024). The difference between high and low is 0.21.

MOP GBP average rate for January 2024 is 0.09968, the change between 01/01/2024 and 31/01/2024 is -0.46 %.

01 January 20241 MOP = 0.0997 GBP
02 January 20241 MOP = 0.0996 GBP
03 January 20241 MOP = 0.1007 GBP
04 January 20241 MOP = 0.1005 GBP
05 January 20241 MOP = 0.1003 GBP
07 January 20241 MOP = 0.0977 GBP
08 January 20241 MOP = 0.1003 GBP
09 January 20241 MOP = 0.0999 GBP
10 January 20241 MOP = 0.1000 GBP
11 January 20241 MOP = 0.0997 GBP
12 January 20241 MOP = 0.0994 GBP
14 January 20241 MOP = 0.0973 GBP
15 January 20241 MOP = 0.0999 GBP
16 January 20241 MOP = 0.1000 GBP
17 January 20241 MOP = 0.1003 GBP
18 January 20241 MOP = 0.1002 GBP
19 January 20241 MOP = 0.0999 GBP
21 January 20241 MOP = 0.0978 GBP
22 January 20241 MOP = 0.1001 GBP
23 January 20241 MOP = 0.1000 GBP
24 January 20241 MOP = 0.1001 GBP
25 January 20241 MOP = 0.0999 GBP
26 January 20241 MOP = 0.1000 GBP
28 January 20241 MOP = 0.0979 GBP
29 January 20241 MOP = 0.1000 GBP
30 January 20241 MOP = 0.1001 GBP
31 January 20241 MOP = 0.1001 GBP

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.

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

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.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

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.

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

08/06/1967: Link with Portuguese escudo reestablished

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

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.

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

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.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.
MOP GBP July 2023
MOP GBP August 2023
MOP GBP September 2023
MOP GBP October 2023
MOP GBP November 2023
MOP GBP December 2023
MOP GBP January 2024
MOP GBP February 2024
MOP GBP March 2024
MOP GBP April 2024
MOP GBP May 2024
MOP GBP June 2024
MOP GBP July 2024