Historic Macanese pataca Seychellois Rupee

Macanese pataca seychellois rupee history for March 2024. The highest quote for this month is 1.7382 (03/03/2024) and the lowest 1.7384 (03/03/2024). The difference between high and low is -0.01.

MOP SCR average rate for March 2024 is 1.66411, the change between 01/03/2024 and 31/03/2024 is -9.05 %.

01 March 20241 MOP = 1.588 SCR
03 March 20241 MOP = 1.738 SCR
04 March 20241 MOP = 1.705 SCR
05 March 20241 MOP = 1.587 SCR
06 March 20241 MOP = 1.614 SCR
07 March 20241 MOP = 1.609 SCR
08 March 20241 MOP = 1.618 SCR
10 March 20241 MOP = 1.735 SCR
11 March 20241 MOP = 1.715 SCR
12 March 20241 MOP = 1.732 SCR

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.

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.

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.