Historic Macanese pataca Japanese Yen

Macanese pataca japanese yen history for September 2023. The highest quote for this month is 18.95 (29/09/2023) and the lowest 18.943 (28/09/2023). The difference between high and low is 0.04.

MOP JPY average rate for September 2023 is 18.71961, the change between 01/09/2023 and 30/09/2023 is -0.5 %.

01 September 20231 MOP = 18.42 JPY
04 September 20231 MOP = 18.41 JPY
05 September 20231 MOP = 18.57 JPY
06 September 20231 MOP = 18.66 JPY
07 September 20231 MOP = 18.73 JPY
08 September 20231 MOP = 18.68 JPY
11 September 20231 MOP = 18.67 JPY
12 September 20231 MOP = 18.64 JPY
13 September 20231 MOP = 18.68 JPY
14 September 20231 MOP = 18.71 JPY
15 September 20231 MOP = 18.73 JPY
18 September 20231 MOP = 18.81 JPY
19 September 20231 MOP = 18.77 JPY
20 September 20231 MOP = 18.78 JPY
21 September 20231 MOP = 18.84 JPY
22 September 20231 MOP = 18.75 JPY
23 September 20231 MOP = 18.42 JPY
25 September 20231 MOP = 18.94 JPY
26 September 20231 MOP = 18.93 JPY
27 September 20231 MOP = 18.95 JPY
28 September 20231 MOP = 18.99 JPY
29 September 20231 MOP = 18.97 JPY
30 September 20231 MOP = 18.52 JPY

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.

28/07/2016: Bank of Japan announces stimulus package

The Bank of Japan announced an aggressive stimulus package and negative interest rates, causing the Yen to depreciate against major currencies.

11/03/2011: Great East Japan Earthquake

The Tohoku earthquake and tsunami devastated Japan, leading to a decline in the Yen as reconstruction efforts strained the economy.

15/09/2008: Lehman Brothers bankruptcy

The bankruptcy of Lehman Brothers triggered a global financial crisis, resulting in a surge in the value of the Yen as investors sought safe-haven assets.

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.

20/03/1995: Kobe earthquake

The Great Hanshin earthquake struck Kobe, causing significant damage to the Japanese economy and leading to a decline in the value of the Yen.

22/09/1985: Plaza Accord

Japan, along with major economies, agreed to depreciate the value of the US dollar, leading to the appreciation of the Yen.

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.

01/03/1973: Yen becomes a floating currency

The Yen lost its fixed exchange rate and started floating against major currencies following the collapse of the Bretton Woods system.

08/06/1967: Link with Portuguese escudo reestablished

The Macanese pataca was once again pegged to the Portuguese escudo, ending the gold standard era.

15/12/1953: Yen is introduced

The Japanese Yen was first introduced as the official currency of Japan with the enactment of the Bank of Japan Act.

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.