Historic Macanese pataca Colombian Peso

Macanese pataca colombian peso history for February 2024. The highest quote for this month is 503.48 (06/02/2024) and the lowest 502.66 (07/02/2024). The difference between high and low is 0.16.

MOP COP average rate for February 2024 is 495.65519, the change between 01/02/2024 and 29/02/2024 is -0.13 %.

01 February 20241 MOP = 498.5 COP
02 February 20241 MOP = 493.8 COP
03 February 20241 MOP = 488.9 COP
04 February 20241 MOP = 488.9 COP
05 February 20241 MOP = 488.2 COP
06 February 20241 MOP = 502.9 COP
07 February 20241 MOP = 501.5 COP
08 February 20241 MOP = 502.3 COP
09 February 20241 MOP = 501.0 COP
12 February 20241 MOP = 495.2 COP
13 February 20241 MOP = 497.2 COP
14 February 20241 MOP = 498.7 COP
15 February 20241 MOP = 497.5 COP
16 February 20241 MOP = 496.8 COP
17 February 20241 MOP = 484.9 COP
18 February 20241 MOP = 485.0 COP
19 February 20241 MOP = 490.8 COP
20 February 20241 MOP = 497.7 COP
21 February 20241 MOP = 497.7 COP
22 February 20241 MOP = 498.5 COP
23 February 20241 MOP = 498.7 COP
24 February 20241 MOP = 492.0 COP
25 February 20241 MOP = 491.9 COP
26 February 20241 MOP = 493.1 COP
27 February 20241 MOP = 503.1 COP
28 February 20241 MOP = 499.2 COP
29 February 20241 MOP = 499.2 COP

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.

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

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.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high 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.

08/06/1967: Link with Portuguese escudo reestablished

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

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

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.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.
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