Macanese pataca egyptian pound exchange rate history (MOP EGP) December 2023

Macanese pataca egyptian pound history for December 2023. The highest quote for this month is 3.9424 (19/12/2023) and the lowest 3.9526 (14/12/2023). The difference between high and low is -0.26.

MOP EGP average rate for December 2023 is 3.90088, the change between 01/12/2023 and 31/12/2023 is +0.57 %.

01 December 2023	1 MOP = 3.927 EGP
02 December 2023	1 MOP = 3.831 EGP
03 December 2023	1 MOP = 3.833 EGP
04 December 2023	1 MOP = 3.912 EGP
05 December 2023	1 MOP = 3.926 EGP
06 December 2023	1 MOP = 3.911 EGP
07 December 2023	1 MOP = 3.934 EGP
08 December 2023	1 MOP = 3.924 EGP
10 December 2023	1 MOP = 3.836 EGP
11 December 2023	1 MOP = 3.913 EGP
12 December 2023	1 MOP = 3.929 EGP
13 December 2023	1 MOP = 3.931 EGP
14 December 2023	1 MOP = 3.926 EGP
15 December 2023	1 MOP = 3.933 EGP
16 December 2023	1 MOP = 3.845 EGP
17 December 2023	1 MOP = 3.848 EGP
18 December 2023	1 MOP = 3.912 EGP
19 December 2023	1 MOP = 3.933 EGP
20 December 2023	1 MOP = 3.938 EGP
21 December 2023	1 MOP = 3.929 EGP
22 December 2023	1 MOP = 3.927 EGP
23 December 2023	1 MOP = 3.834 EGP
24 December 2023	1 MOP = 3.834 EGP
25 December 2023	1 MOP = 3.918 EGP
26 December 2023	1 MOP = 3.917 EGP
27 December 2023	1 MOP = 3.905 EGP
28 December 2023	1 MOP = 3.914 EGP
29 December 2023	1 MOP = 3.905 EGP

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

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.

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

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.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

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.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

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.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.

Historic Macanese pataca Egyptian Pound