Historic Macanese pataca Namibian dollar

Macanese pataca namibian dollar history for September 2023. The highest quote for this month is 2.432 (29/09/2023) and the lowest 2.4361 (07/09/2023). The difference between high and low is -0.17.

MOP NAD average rate for September 2023 is 2.39752, the change between 01/09/2023 and 30/09/2023 is +1.89 %.

01 September 20231 MOP = 2.378 NAD
04 September 20231 MOP = 2.368 NAD
05 September 20231 MOP = 2.345 NAD
06 September 20231 MOP = 2.374 NAD
07 September 20231 MOP = 2.436 NAD
08 September 20231 MOP = 2.432 NAD
11 September 20231 MOP = 2.424 NAD
12 September 20231 MOP = 2.427 NAD
13 September 20231 MOP = 2.394 NAD
14 September 20231 MOP = 2.400 NAD
15 September 20231 MOP = 2.418 NAD
18 September 20231 MOP = 2.413 NAD
19 September 20231 MOP = 2.412 NAD
20 September 20231 MOP = 2.405 NAD
21 September 20231 MOP = 2.377 NAD
22 September 20231 MOP = 2.398 NAD
23 September 20231 MOP = 2.326 NAD
25 September 20231 MOP = 2.408 NAD
26 September 20231 MOP = 2.384 NAD
27 September 20231 MOP = 2.419 NAD
28 September 20231 MOP = 2.436 NAD
29 September 20231 MOP = 2.436 NAD
30 September 20231 MOP = 2.333 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.