Historic Macedonian Denar Macanese pataca

Macedonian Denar macanese pataca history for February 2024. The highest quote for this month is 0.14191 (04/02/2024) and the lowest 0.14332 (03/02/2024). The difference between high and low is -0.99.

MKD MOP average rate for February 2024 is 0.13975, the change between 01/02/2024 and 29/02/2024 is -0.3 %.

01 February 20241 MKD = 0.1389 MOP
02 February 20241 MKD = 0.1399 MOP
03 February 20241 MKD = 0.1419 MOP
04 February 20241 MKD = 0.1419 MOP
05 February 20241 MKD = 0.1415 MOP
06 February 20241 MKD = 0.1386 MOP
07 February 20241 MKD = 0.1385 MOP
08 February 20241 MKD = 0.1389 MOP
09 February 20241 MKD = 0.1387 MOP
12 February 20241 MKD = 0.1398 MOP
13 February 20241 MKD = 0.1388 MOP
14 February 20241 MKD = 0.1378 MOP
15 February 20241 MKD = 0.1382 MOP
16 February 20241 MKD = 0.1385 MOP
17 February 20241 MKD = 0.1413 MOP
18 February 20241 MKD = 0.1412 MOP
19 February 20241 MKD = 0.1387 MOP
20 February 20241 MKD = 0.1387 MOP
21 February 20241 MKD = 0.1402 MOP
22 February 20241 MKD = 0.1392 MOP
23 February 20241 MKD = 0.1393 MOP
24 February 20241 MKD = 0.1419 MOP
25 February 20241 MKD = 0.1419 MOP
26 February 20241 MKD = 0.1406 MOP
27 February 20241 MKD = 0.1396 MOP
28 February 20241 MKD = 0.1396 MOP
29 February 20241 MKD = 0.1393 MOP

01/07/2020: Euro as legal tender

North Macedonia officially adopted the Euro as its currency, replacing the Macedonian Denar for all monetary transactions.

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.

15/05/2018: Denar's symbol adoption

The official symbol for the Macedonian Denar (den) was adopted, representing the currency in both domestic and international transactions.

10/10/2005: Denar's full Euro peg

The Macedonian Denar was fully pegged to the Euro at a fixed exchange rate of 61.5 Denars to 1 Euro.

29/04/2003: Replacement of banknotes

New series of banknotes with enhanced security features were introduced, replacing the older versions.

05/11/2001: Denar's devaluation

Due to the political crisis in Macedonia, the Denar underwent a significant devaluation, losing around 40% of its value against the Euro.

15/05/1995: Denar's peg to the German Mark

The Macedonian Denar was pegged to the German Mark at a rate of 1 Denar to 1.5 Deutsche Mark, establishing a stable exchange rate.

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.

26/11/1992: Introduction of the Macedonian Denar

The Macedonian Denar was introduced as the official currency of the Republic of Macedonia following its declaration of independence from Yugoslavia.

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.