Macanese pataca romanian leu exchange rate history (MOP RON) December 2023

Macanese pataca romanian leu history for December 2023. The highest quote for this month is 0.58823 (08/12/2023) and the lowest 0.58649 (11/12/2023). The difference between high and low is 0.3.

MOP RON average rate for December 2023 is 0.57557, the change between 01/12/2023 and 31/12/2023 is +3.44 %.

01 December 2023	1 MOP = 0.5798 RON
03 December 2023	1 MOP = 0.5666 RON
04 December 2023	1 MOP = 0.5825 RON
05 December 2023	1 MOP = 0.5818 RON
06 December 2023	1 MOP = 0.5841 RON
07 December 2023	1 MOP = 0.5863 RON
08 December 2023	1 MOP = 0.5847 RON
09 December 2023	1 MOP = 0.5738 RON
10 December 2023	1 MOP = 0.5738 RON
11 December 2023	1 MOP = 0.5857 RON
12 December 2023	1 MOP = 0.5868 RON
13 December 2023	1 MOP = 0.5854 RON
14 December 2023	1 MOP = 0.5798 RON
15 December 2023	1 MOP = 0.5753 RON
16 December 2023	1 MOP = 0.5672 RON
17 December 2023	1 MOP = 0.5667 RON
18 December 2023	1 MOP = 0.5763 RON
19 December 2023	1 MOP = 0.5791 RON
20 December 2023	1 MOP = 0.5766 RON
21 December 2023	1 MOP = 0.5774 RON
22 December 2023	1 MOP = 0.5738 RON
24 December 2023	1 MOP = 0.5612 RON
25 December 2023	1 MOP = 0.5729 RON
26 December 2023	1 MOP = 0.5722 RON
27 December 2023	1 MOP = 0.5705 RON
28 December 2023	1 MOP = 0.5691 RON
29 December 2023	1 MOP = 0.5670 RON
31 December 2023	1 MOP = 0.5599 RON

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.

01/04/2019: Romania plans to adopt the euro

The Romanian government announces its intention to join the Eurozone and set a target date for adopting the euro as the national currency.

01/06/2005: Currency redenomination

Romania underwent a currency redenomination, with 10,000 old lei being exchanged for 1 new leu, to simplify transactions and eliminate zeros.

01/07/2003: Romania joins EU Accession

As part of joining the European Union, Romania pledges to adopt the euro in the future, aiming for greater economic integration.

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.

28/02/1991: End of communist era

As communism collapsed, Romania undergoes economic reforms and introduces a free-floating exchange rate system for the leu.

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.

30/12/1947: Communist regime introduces new leu

In an attempt to devalue the currency and control the economy, the Communist regime introduces a new leu at a ratio of 1:20,000.

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.

01/03/1901: Introduction of the gold standard

Romanian leu was tied to the gold standard, ensuring the stability of the currency and attracting foreign investments.

01/04/1867: Creation of the Romanian leu

The leu was established as the official currency of Romania, replacing the previous currencies in circulation.

Historic Macanese pataca Romanian leu