Historic Macanese pataca Singapore dollar

Macanese pataca singapore dollar history for October 2023. The highest quote for this month is 0.17464 (20/10/2023) and the lowest 0.17459 (20/10/2023). The difference between high and low is 0.03.

MOP SGD average rate for October 2023 is 0.17297, the change between 01/10/2023 and 31/10/2023 is -2.49 %.

01 October 20231 MOP = 0.1694 SGD
02 October 20231 MOP = 0.1731 SGD
03 October 20231 MOP = 0.1742 SGD
04 October 20231 MOP = 0.1743 SGD
05 October 20231 MOP = 0.1744 SGD
06 October 20231 MOP = 0.1741 SGD
07 October 20231 MOP = 0.1692 SGD
08 October 20231 MOP = 0.1692 SGD
09 October 20231 MOP = 0.1742 SGD
10 October 20231 MOP = 0.1732 SGD
11 October 20231 MOP = 0.1732 SGD
12 October 20231 MOP = 0.1732 SGD
13 October 20231 MOP = 0.1740 SGD
16 October 20231 MOP = 0.1739 SGD
17 October 20231 MOP = 0.1740 SGD
18 October 20231 MOP = 0.1741 SGD
19 October 20231 MOP = 0.1744 SGD
20 October 20231 MOP = 0.1744 SGD
21 October 20231 MOP = 0.1703 SGD
22 October 20231 MOP = 0.1703 SGD
23 October 20231 MOP = 0.1748 SGD
24 October 20231 MOP = 0.1737 SGD
25 October 20231 MOP = 0.1738 SGD
26 October 20231 MOP = 0.1744 SGD
27 October 20231 MOP = 0.1740 SGD
28 October 20231 MOP = 0.1701 SGD
29 October 20231 MOP = 0.1701 SGD
30 October 20231 MOP = 0.1746 SGD
31 October 20231 MOP = 0.1736 SGD

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own 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.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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.