Historic Macanese pataca United States dollar

Macanese pataca united states dollar history for September 2023. The highest quote for this month is 0.12721 (25/09/2023) and the lowest 0.12734 (25/09/2023). The difference between high and low is -0.1.

MOP USD average rate for September 2023 is 0.12646, the change between 01/09/2023 and 30/09/2023 is +2.09 %.

01 September 20231 MOP = 0.1266 USD
05 September 20231 MOP = 0.1267 USD
06 September 20231 MOP = 0.1265 USD
11 September 20231 MOP = 0.1269 USD
18 September 20231 MOP = 0.1272 USD
23 September 20231 MOP = 0.1242 USD
25 September 20231 MOP = 0.1276 USD
26 September 20231 MOP = 0.1272 USD
27 September 20231 MOP = 0.1271 USD
29 September 20231 MOP = 0.1270 USD
30 September 20231 MOP = 0.1240 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.