Historic Macanese pataca Costa Rican colón

Macanese pataca costa rican colón history for December 2023. The highest quote for this month is 65.89 (02/12/2023) and the lowest 65.895 (03/12/2023). The difference between high and low is -0.01.

MOP CRC average rate for December 2023 is 65.18843, the change between 01/12/2023 and 31/12/2023 is +2.18 %.

01 December 20231 MOP = 65.76 CRC
02 December 20231 MOP = 65.89 CRC
03 December 20231 MOP = 65.90 CRC
04 December 20231 MOP = 65.66 CRC
05 December 20231 MOP = 65.63 CRC
06 December 20231 MOP = 65.44 CRC
07 December 20231 MOP = 65.56 CRC
08 December 20231 MOP = 65.47 CRC
10 December 20231 MOP = 65.51 CRC
11 December 20231 MOP = 65.48 CRC
12 December 20231 MOP = 65.43 CRC
13 December 20231 MOP = 65.48 CRC
14 December 20231 MOP = 65.38 CRC
15 December 20231 MOP = 65.26 CRC
16 December 20231 MOP = 65.00 CRC
17 December 20231 MOP = 65.00 CRC
18 December 20231 MOP = 65.26 CRC
19 December 20231 MOP = 65.13 CRC
20 December 20231 MOP = 65.13 CRC
21 December 20231 MOP = 64.91 CRC
22 December 20231 MOP = 64.81 CRC
23 December 20231 MOP = 64.73 CRC
24 December 20231 MOP = 64.72 CRC
25 December 20231 MOP = 64.61 CRC
26 December 20231 MOP = 64.61 CRC
27 December 20231 MOP = 64.61 CRC
28 December 20231 MOP = 64.63 CRC
29 December 20231 MOP = 64.32 CRC

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.

15/10/2006: New series of banknotes

Costa Rica introduced a new series of banknotes featuring enhanced security features to combat counterfeiting and modernize the colón currency.

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.

21/05/1991: Free-floating exchange rate

Costa Rica transitioned to a floating exchange rate regime, allowing the colón's value to be determined by market forces.

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.

09/11/1961: Introduction of the Monetary Reform

Costa Rica implemented a monetary reform, replacing the old colón with a new one at a rate of 1 to 100, to combat inflation.

30/11/1949: Abolition of the army

After the abolition of the army, the Costa Rican government focused on economic development, leading to stable monetary policies for the colón.

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.

14/12/1917: Establishment of the Central Bank of Costa Rica

The Central Bank of Costa Rica was established to oversee monetary policy, including the management of the colón.

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.

09/04/1896: Adoption of the gold standard

Costa Rica adopted the gold standard, pegging the value of the colón to gold, leading to currency stability.

18/03/1850: Introduction of the Costa Rican colón

The Costa Rican colón was officially introduced as the currency of Costa Rica to replace the Spanish real.