Historic Macanese pataca United States dollar

Macanese pataca united states dollar history for October 2023. The highest quote for this month is 0.12724 (17/10/2023) and the lowest 0.12799 (24/10/2023). The difference between high and low is -0.59.

MOP USD average rate for October 2023 is 0.12631, the change between 01/10/2023 and 31/10/2023 is -2.59 %.

01 October 20231 MOP = 0.1240 USD
03 October 20231 MOP = 0.1269 USD
04 October 20231 MOP = 0.1269 USD
06 October 20231 MOP = 0.1274 USD
07 October 20231 MOP = 0.1240 USD
08 October 20231 MOP = 0.1240 USD
09 October 20231 MOP = 0.1275 USD
10 October 20231 MOP = 0.1270 USD
11 October 20231 MOP = 0.1271 USD
13 October 20231 MOP = 0.1271 USD
16 October 20231 MOP = 0.1270 USD
17 October 20231 MOP = 0.1271 USD
18 October 20231 MOP = 0.1272 USD
19 October 20231 MOP = 0.1270 USD
20 October 20231 MOP = 0.1271 USD
21 October 20231 MOP = 0.1241 USD
22 October 20231 MOP = 0.1241 USD
23 October 20231 MOP = 0.1273 USD
24 October 20231 MOP = 0.1271 USD
25 October 20231 MOP = 0.1271 USD
26 October 20231 MOP = 0.1271 USD
27 October 20231 MOP = 0.1271 USD
28 October 20231 MOP = 0.1241 USD
29 October 20231 MOP = 0.1241 USD
30 October 20231 MOP = 0.1274 USD
31 October 20231 MOP = 0.1272 USD

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.