Historic Macanese pataca Djiboutian franc

Macanese pataca djiboutian franc history for January 2024. The highest quote for this month is 22.626 (08/01/2024) and the lowest 22.133 (28/01/2024). The difference between high and low is 2.18.

MOP DJF average rate for January 2024 is 22.40154, the change between 01/01/2024 and 31/01/2024 is -2.15 %.

01 January 20241 MOP = 22.12 DJF
02 January 20241 MOP = 22.53 DJF
03 January 20241 MOP = 22.59 DJF
04 January 20241 MOP = 22.63 DJF
05 January 20241 MOP = 22.62 DJF
06 January 20241 MOP = 22.16 DJF
07 January 20241 MOP = 22.09 DJF
08 January 20241 MOP = 22.12 DJF
09 January 20241 MOP = 22.63 DJF
10 January 20241 MOP = 22.60 DJF
11 January 20241 MOP = 22.58 DJF
12 January 20241 MOP = 22.58 DJF
14 January 20241 MOP = 22.09 DJF
15 January 20241 MOP = 22.09 DJF
16 January 20241 MOP = 22.60 DJF
17 January 20241 MOP = 22.08 DJF
18 January 20241 MOP = 22.57 DJF
19 January 20241 MOP = 22.57 DJF
22 January 20241 MOP = 22.10 DJF
23 January 20241 MOP = 22.59 DJF
24 January 20241 MOP = 22.59 DJF
25 January 20241 MOP = 22.58 DJF
26 January 20241 MOP = 22.58 DJF
27 January 20241 MOP = 22.13 DJF
28 January 20241 MOP = 22.13 DJF
29 January 20241 MOP = 22.11 DJF
30 January 20241 MOP = 22.62 DJF
31 January 20241 MOP = 22.60 DJF

04/06/2020: Exchange rate stabilization

Efforts were made to stabilize the exchange rate of the Djiboutian franc to reduce inflation and encourage economic growth.

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.

01/09/2013: Replacement of coins with bi-metallic coins

Coins of lower denominations of the Djiboutian franc were replaced with bi-metallic coins.

01/01/2002: Introduction of new banknotes

New banknotes of the Djiboutian franc were introduced with enhanced security features.

15/09/1997: Second devaluation

The Djiboutian franc was devalued by 33% as a result of economic instability and high inflation.

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.

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.

08/05/1977: First devaluation

The Djiboutian franc was devalued by 50% due to economic difficulties faced by the newly independent country.

27/06/1973: Independence from France

Djibouti gained independence from France and the Djiboutian franc became the national 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.

01/01/1949: Introduction of the Djiboutian franc

The Djiboutian franc was introduced as the official currency of French Somaliland, replacing the French franc at a 1:1 exchange rate.

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.