Historic Macanese pataca Thai baht

Macanese pataca thai baht history for January 2024. The highest quote for this month is 4.5539 (24/01/2024) and the lowest 4.528 (25/01/2024). The difference between high and low is 0.57.

MOP THB average rate for January 2024 is 4.44259, the change between 01/01/2024 and 31/01/2024 is -2.91 %.

01 January 20241 MOP = 4.368 THB
02 January 20241 MOP = 4.352 THB
03 January 20241 MOP = 4.348 THB
04 January 20241 MOP = 4.386 THB
05 January 20241 MOP = 4.389 THB
06 January 20241 MOP = 4.311 THB
07 January 20241 MOP = 4.303 THB
08 January 20241 MOP = 4.418 THB
09 January 20241 MOP = 4.448 THB
10 January 20241 MOP = 4.440 THB
11 January 20241 MOP = 4.448 THB
12 January 20241 MOP = 4.445 THB
14 January 20241 MOP = 4.334 THB
15 January 20241 MOP = 4.444 THB
16 January 20241 MOP = 4.445 THB
17 January 20241 MOP = 4.486 THB
18 January 20241 MOP = 4.517 THB
19 January 20241 MOP = 4.513 THB
21 January 20241 MOP = 4.409 THB
22 January 20241 MOP = 4.518 THB
23 January 20241 MOP = 4.522 THB
24 January 20241 MOP = 4.530 THB
25 January 20241 MOP = 4.538 THB
26 January 20241 MOP = 4.540 THB
28 January 20241 MOP = 4.418 THB
29 January 20241 MOP = 4.523 THB
30 January 20241 MOP = 4.509 THB
31 January 20241 MOP = 4.495 THB

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.

15/04/2019: Coronation of King Rama X

King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.

19/09/2006: 2006 Thai coup d'état

The military staged a coup overthrowing the government, causing political instability and affecting the currency.

02/07/1997: Asian Financial Crisis

The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.

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.

01/01/1980: Currency Floatation

The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.

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.

14/10/1973: October 14 Uprising

A popular uprising against the military dictatorship led to political reforms and an increase in public participation.

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.

01/01/1942: Japanese Occupation

During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.

24/06/1932: Siamese Revolution

The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.

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.