Historic Macanese pataca Namibian dollar

Macanese pataca namibian dollar history for November 2023. The highest quote for this month is 2.5473 (14/11/2023) and the lowest 2.55 (14/11/2023). The difference between high and low is -0.11.

MOP NAD average rate for November 2023 is 2.3695, the change between 01/11/2023 and 30/11/2023 is +1.15 %.

01 November 20231 MOP = 2.395 NAD
02 November 20231 MOP = 2.395 NAD
03 November 20231 MOP = 2.291 NAD
06 November 20231 MOP = 2.372 NAD
07 November 20231 MOP = 2.323 NAD
08 November 20231 MOP = 2.495 NAD
09 November 20231 MOP = 2.510 NAD
10 November 20231 MOP = 2.377 NAD
12 November 20231 MOP = 2.327 NAD
13 November 20231 MOP = 2.385 NAD
14 November 20231 MOP = 2.545 NAD
15 November 20231 MOP = 2.319 NAD
16 November 20231 MOP = 2.317 NAD
17 November 20231 MOP = 2.315 NAD
18 November 20231 MOP = 2.285 NAD
19 November 20231 MOP = 2.288 NAD
20 November 20231 MOP = 2.351 NAD
21 November 20231 MOP = 2.341 NAD
22 November 20231 MOP = 2.341 NAD
23 November 20231 MOP = 2.341 NAD
24 November 20231 MOP = 2.370 NAD
26 November 20231 MOP = 2.345 NAD
27 November 20231 MOP = 2.407 NAD
28 November 20231 MOP = 2.404 NAD
29 November 20231 MOP = 2.404 NAD
30 November 20231 MOP = 2.367 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.