Historic Macanese pataca Romanian leu

Macanese pataca romanian leu history for January 2024. The highest quote for this month is 0.5849 (30/01/2024) and the lowest 0.58318 (30/01/2024). The difference between high and low is 0.29.

MOP RON average rate for January 2024 is 0.57601, the change between 01/01/2024 and 31/01/2024 is -2 %.

01 January 20241 MOP = 0.5714 RON
02 January 20241 MOP = 0.5704 RON
03 January 20241 MOP = 0.5767 RON
04 January 20241 MOP = 0.5788 RON
05 January 20241 MOP = 0.5776 RON
07 January 20241 MOP = 0.5630 RON
08 January 20241 MOP = 0.5777 RON
09 January 20241 MOP = 0.5774 RON
10 January 20241 MOP = 0.5778 RON
11 January 20241 MOP = 0.5749 RON
12 January 20241 MOP = 0.5746 RON
13 January 20241 MOP = 0.5641 RON
14 January 20241 MOP = 0.5636 RON
15 January 20241 MOP = 0.5766 RON
16 January 20241 MOP = 0.5772 RON
17 January 20241 MOP = 0.5794 RON
18 January 20241 MOP = 0.5799 RON
19 January 20241 MOP = 0.5805 RON
21 January 20241 MOP = 0.5678 RON
22 January 20241 MOP = 0.5813 RON
23 January 20241 MOP = 0.5809 RON
24 January 20241 MOP = 0.5819 RON
25 January 20241 MOP = 0.5806 RON
26 January 20241 MOP = 0.5823 RON
27 January 20241 MOP = 0.5697 RON
28 January 20241 MOP = 0.5699 RON
29 January 20241 MOP = 0.5818 RON
30 January 20241 MOP = 0.5840 RON
31 January 20241 MOP = 0.5828 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.
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