Historic Macanese pataca Namibian dollar

Macanese pataca namibian dollar history for January 2024. The highest quote for this month is 2.4368 (23/01/2024) and the lowest 2.4377 (23/01/2024). The difference between high and low is -0.04.

MOP NAD average rate for January 2024 is 2.37456, the change between 01/01/2024 and 31/01/2024 is -2.54 %.

01 January 20241 MOP = 2.332 NAD
02 January 20241 MOP = 2.348 NAD
03 January 20241 MOP = 2.354 NAD
04 January 20241 MOP = 2.363 NAD
05 January 20241 MOP = 2.378 NAD
06 January 20241 MOP = 2.337 NAD
07 January 20241 MOP = 2.321 NAD
08 January 20241 MOP = 2.383 NAD
09 January 20241 MOP = 2.378 NAD
10 January 20241 MOP = 2.376 NAD
11 January 20241 MOP = 2.361 NAD
12 January 20241 MOP = 2.372 NAD
14 January 20241 MOP = 2.309 NAD
15 January 20241 MOP = 2.374 NAD
16 January 20241 MOP = 2.374 NAD
17 January 20241 MOP = 2.366 NAD
18 January 20241 MOP = 2.419 NAD
19 January 20241 MOP = 2.420 NAD
22 January 20241 MOP = 2.403 NAD
23 January 20241 MOP = 2.438 NAD
24 January 20241 MOP = 2.438 NAD
25 January 20241 MOP = 2.403 NAD
26 January 20241 MOP = 2.399 NAD
27 January 20241 MOP = 2.328 NAD
28 January 20241 MOP = 2.332 NAD
29 January 20241 MOP = 2.398 NAD
30 January 20241 MOP = 2.393 NAD
31 January 20241 MOP = 2.392 NAD

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.

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

01/01/2002: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

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.

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

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.

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.