Historic Macanese pataca Egyptian Pound

Macanese pataca egyptian pound history for February 2024. The highest quote for this month is 3.9317 (15/02/2024) and the lowest 3.9325 (02/02/2024). The difference between high and low is -0.02.

MOP EGP average rate for February 2024 is 3.9014, the change between 01/02/2024 and 29/02/2024 is -0.05 %.

01 February 20241 MOP = 3.931 EGP
02 February 20241 MOP = 3.923 EGP
03 February 20241 MOP = 3.830 EGP
04 February 20241 MOP = 3.830 EGP
05 February 20241 MOP = 3.911 EGP
06 February 20241 MOP = 3.918 EGP
07 February 20241 MOP = 3.920 EGP
08 February 20241 MOP = 3.921 EGP
09 February 20241 MOP = 3.920 EGP
12 February 20241 MOP = 3.903 EGP
13 February 20241 MOP = 3.923 EGP
14 February 20241 MOP = 3.925 EGP
15 February 20241 MOP = 3.924 EGP
16 February 20241 MOP = 3.925 EGP
17 February 20241 MOP = 3.829 EGP
18 February 20241 MOP = 3.830 EGP
19 February 20241 MOP = 3.905 EGP
20 February 20241 MOP = 3.923 EGP
21 February 20241 MOP = 3.927 EGP
22 February 20241 MOP = 3.923 EGP
23 February 20241 MOP = 3.921 EGP
24 February 20241 MOP = 3.828 EGP
25 February 20241 MOP = 3.841 EGP
26 February 20241 MOP = 3.924 EGP
27 February 20241 MOP = 3.927 EGP
28 February 20241 MOP = 3.921 EGP
29 February 20241 MOP = 3.932 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.
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