Historic Namibian dollar Macanese pataca

Namibian dollar macanese pataca history for February 2024. The highest quote for this month is 0.42755 (17/02/2024) and the lowest 0.43441 (03/02/2024). The difference between high and low is -1.6.

NAD MOP average rate for February 2024 is 0.41669, the change between 01/02/2024 and 29/02/2024 is +3.87 %.

01 February 20241 NAD = 0.4230 MOP
02 February 20241 NAD = 0.4232 MOP
03 February 20241 NAD = 0.4263 MOP
04 February 20241 NAD = 0.4262 MOP
05 February 20241 NAD = 0.4272 MOP
06 February 20241 NAD = 0.4132 MOP
07 February 20241 NAD = 0.4183 MOP
08 February 20241 NAD = 0.4165 MOP
09 February 20241 NAD = 0.4153 MOP
12 February 20241 NAD = 0.4133 MOP
13 February 20241 NAD = 0.4137 MOP
14 February 20241 NAD = 0.4110 MOP
15 February 20241 NAD = 0.4129 MOP
16 February 20241 NAD = 0.4148 MOP
17 February 20241 NAD = 0.4275 MOP
18 February 20241 NAD = 0.4268 MOP
19 February 20241 NAD = 0.4152 MOP
20 February 20241 NAD = 0.4170 MOP
21 February 20241 NAD = 0.4162 MOP
22 February 20241 NAD = 0.4163 MOP
23 February 20241 NAD = 0.4105 MOP
24 February 20241 NAD = 0.4173 MOP
25 February 20241 NAD = 0.4175 MOP
26 February 20241 NAD = 0.4102 MOP
27 February 20241 NAD = 0.4072 MOP
28 February 20241 NAD = 0.4073 MOP
29 February 20241 NAD = 0.4066 MOP

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.

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

01/01/2002: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

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.

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

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.
NAD MOP January 2024
NAD MOP February 2024
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