Historic Macanese pataca Colombian Peso

Macanese pataca colombian peso history for January 2024. The highest quote for this month is 505.08 (17/01/2024) and the lowest 501.16 (17/01/2024). The difference between high and low is 0.78.

MOP COP average rate for January 2024 is 494.93222, the change between 01/01/2024 and 31/01/2024 is -2.37 %.

01 January 20241 MOP = 486.8 COP
02 January 20241 MOP = 492.3 COP
03 January 20241 MOP = 494.1 COP
04 January 20241 MOP = 496.2 COP
05 January 20241 MOP = 499.7 COP
06 January 20241 MOP = 483.1 COP
07 January 20241 MOP = 483.0 COP
08 January 20241 MOP = 494.1 COP
09 January 20241 MOP = 494.3 COP
10 January 20241 MOP = 500.8 COP
11 January 20241 MOP = 499.8 COP
12 January 20241 MOP = 497.6 COP
14 January 20241 MOP = 486.1 COP
15 January 20241 MOP = 491.8 COP
16 January 20241 MOP = 497.1 COP
17 January 20241 MOP = 500.6 COP
18 January 20241 MOP = 502.4 COP
19 January 20241 MOP = 497.8 COP
22 January 20241 MOP = 492.1 COP
23 January 20241 MOP = 495.8 COP
24 January 20241 MOP = 502.8 COP
25 January 20241 MOP = 497.4 COP
26 January 20241 MOP = 500.3 COP
28 January 20241 MOP = 484.8 COP
29 January 20241 MOP = 494.5 COP
30 January 20241 MOP = 499.8 COP
31 January 20241 MOP = 498.3 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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