Historic Macanese pataca Libyan dinar

Macanese pataca libyan dinar history for February 2024. The highest quote for this month is 0.61413 (15/02/2024) and the lowest 0.61303 (15/02/2024). The difference between high and low is 0.18.

MOP LYD average rate for February 2024 is 0.60863, the change between 01/02/2024 and 29/02/2024 is +0.15 %.

01 February 20241 MOP = 0.6111 LYD
02 February 20241 MOP = 0.6088 LYD
03 February 20241 MOP = 0.5980 LYD
04 February 20241 MOP = 0.5987 LYD
05 February 20241 MOP = 0.6100 LYD
06 February 20241 MOP = 0.6098 LYD
07 February 20241 MOP = 0.6081 LYD
08 February 20241 MOP = 0.6124 LYD
09 February 20241 MOP = 0.6128 LYD
12 February 20241 MOP = 0.6111 LYD
13 February 20241 MOP = 0.6113 LYD
14 February 20241 MOP = 0.6127 LYD
15 February 20241 MOP = 0.6140 LYD
16 February 20241 MOP = 0.6141 LYD
17 February 20241 MOP = 0.6004 LYD
18 February 20241 MOP = 0.6005 LYD
19 February 20241 MOP = 0.6125 LYD
20 February 20241 MOP = 0.6115 LYD
21 February 20241 MOP = 0.6124 LYD
22 February 20241 MOP = 0.6124 LYD
23 February 20241 MOP = 0.6109 LYD
24 February 20241 MOP = 0.5981 LYD
25 February 20241 MOP = 0.5981 LYD
26 February 20241 MOP = 0.6100 LYD
27 February 20241 MOP = 0.6124 LYD
28 February 20241 MOP = 0.6109 LYD
29 February 20241 MOP = 0.6102 LYD

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.

06/09/2018: Announcement of new dinar notes

The Central Bank of Libya announces the release of new dinar banknotes with enhanced security features to combat counterfeiting.

28/07/2014: Recognition of rival governments

The Libyan Supreme Court recognizes two rival governments, further fragmenting the country and impacting the value of the dinar.

17/02/2011: Start of the Libyan Civil War

The Libyan Civil War begins, leading to political instability and further devaluation of the Libyan 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.

07/04/1986: US imposes economic sanctions

The United States imposes economic sanctions on Libya, severely impacting the value and stability of the Libyan dinar.

02/03/1978: Establishment of the Central Bank of Libya

The Central Bank of Libya is established, becoming the sole authority responsible for issuing and managing the Libyan 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.

08/09/1971: Introduction of the Libyan dinar

The Libyan pound is replaced by the Libyan dinar, at a rate of 1 dinar = 1 pound.

08/06/1967: Link with Portuguese escudo reestablished

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

24/12/1951: Independence of Libya

Libya gains independence from Italy, introducing the Libyan pound as its currency.

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.
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