Historic Macanese pataca Kuwaiti Dinar

Macanese pataca kuwaiti dinar history for January 2024. The highest quote for this month is 0.039146 (08/01/2024) and the lowest 0.039148 (08/01/2024). The difference between high and low is -0.01.

MOP KWD average rate for January 2024 is 0.03891, the change between 01/01/2024 and 31/01/2024 is -0.33 %.

01 January 20241 MOP = 0.0389 KWD
02 January 20241 MOP = 0.0389 KWD
03 January 20241 MOP = 0.0390 KWD
04 January 20241 MOP = 0.0391 KWD
05 January 20241 MOP = 0.0391 KWD
06 January 20241 MOP = 0.0382 KWD
07 January 20241 MOP = 0.0382 KWD
08 January 20241 MOP = 0.0392 KWD
09 January 20241 MOP = 0.0391 KWD
10 January 20241 MOP = 0.0390 KWD
11 January 20241 MOP = 0.0390 KWD
12 January 20241 MOP = 0.0390 KWD
14 January 20241 MOP = 0.0381 KWD
15 January 20241 MOP = 0.0390 KWD
16 January 20241 MOP = 0.0390 KWD
17 January 20241 MOP = 0.0390 KWD
18 January 20241 MOP = 0.0390 KWD
19 January 20241 MOP = 0.0390 KWD
22 January 20241 MOP = 0.0391 KWD
23 January 20241 MOP = 0.0391 KWD
24 January 20241 MOP = 0.0390 KWD
25 January 20241 MOP = 0.0390 KWD
26 January 20241 MOP = 0.0390 KWD
28 January 20241 MOP = 0.0382 KWD
29 January 20241 MOP = 0.0390 KWD
30 January 20241 MOP = 0.0391 KWD
31 January 20241 MOP = 0.0391 KWD

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.

20/05/2007: Kuwaiti Dinar Redenominated

The Kuwaiti Dinar underwent a redenomination, with the introduction of new banknotes and removal of three zeros from the currency.

20/03/2003: US Invasion of Iraq

The United States and its allies invaded Iraq, leading to a period of uncertainty and affecting the value of the Kuwaiti Dinar.

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.

25/03/1991: Kuwait Liberated

Coalition forces led by the United States liberated Kuwait from Iraqi occupation, restoring stability to the country and its currency.

02/08/1990: Iraqi Invasion of Kuwait

Iraqi forces invaded Kuwait, leading to the Gulf War and causing a significant decline in the value of the Kuwaiti Dinar.

16/09/1980: Iraq-Iran War Begins

The Iraq-Iran War started, leading to economic instability in the region and affecting the value of the Kuwaiti Dinar.

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.

20/10/1975: Kuwait Dinar Pegged to Special Drawing Rights (SDR)

Kuwait pegged its currency to a basket of international currencies known as Special Drawing Rights (SDR) instead of the US Dollar.

08/06/1967: Link with Portuguese escudo reestablished

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

02/01/1961: Kuwaiti Dinar Introduced

The Kuwaiti Dinar (KWD) was officially introduced as the currency of Kuwait, replacing the Gulf Rupee.

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.
MOP KWD August 2023
MOP KWD September 2023
MOP KWD October 2023
MOP KWD November 2023
MOP KWD December 2023
MOP KWD January 2024
MOP KWD February 2024
MOP KWD March 2024
MOP KWD April 2024
MOP KWD May 2024
MOP KWD June 2024
MOP KWD July 2024
MOP KWD August 2024