Historic Macanese pataca Somali shilling

Macanese pataca somali shilling history for March 2024. The highest quote for this month is 72.157 (07/03/2024) and the lowest 72.492 (08/03/2024). The difference between high and low is -0.46.

MOP SOS average rate for March 2024 is 71.993, the change between 01/03/2024 and 31/03/2024 is +2.21 %.

01 March 20241 MOP = 72.08 SOS
04 March 20241 MOP = 72.33 SOS
05 March 20241 MOP = 72.11 SOS
06 March 20241 MOP = 72.12 SOS
07 March 20241 MOP = 72.14 SOS
08 March 20241 MOP = 72.45 SOS
11 March 20241 MOP = 72.22 SOS
12 March 20241 MOP = 70.49 SOS

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.