Historic North Korean won Macanese pataca

North Korean won macanese pataca history for February 2024. The highest quote for this month is 0.008954 (24/02/2024) and the lowest 0.008954 (24/02/2024). The difference between high and low is 0.

KPW MOP average rate for February 2024 is 0.0088, the change between 01/02/2024 and 29/02/2024 is -0.07 %.

01 February 20241 KPW = 0.0087 MOP
02 February 20241 KPW = 0.0087 MOP
03 February 20241 KPW = 0.0089 MOP
04 February 20241 KPW = 0.0090 MOP
05 February 20241 KPW = 0.0088 MOP
06 February 20241 KPW = 0.0088 MOP
07 February 20241 KPW = 0.0088 MOP
08 February 20241 KPW = 0.0087 MOP
09 February 20241 KPW = 0.0087 MOP
10 February 20241 KPW = 0.0089 MOP
11 February 20241 KPW = 0.0089 MOP
12 February 20241 KPW = 0.0087 MOP
13 February 20241 KPW = 0.0087 MOP
14 February 20241 KPW = 0.0087 MOP
15 February 20241 KPW = 0.0087 MOP
16 February 20241 KPW = 0.0087 MOP
17 February 20241 KPW = 0.0090 MOP
18 February 20241 KPW = 0.0090 MOP
19 February 20241 KPW = 0.0087 MOP
20 February 20241 KPW = 0.0087 MOP
21 February 20241 KPW = 0.0087 MOP
22 February 20241 KPW = 0.0087 MOP
23 February 20241 KPW = 0.0087 MOP
24 February 20241 KPW = 0.0090 MOP
25 February 20241 KPW = 0.0090 MOP
26 February 20241 KPW = 0.0087 MOP
27 February 20241 KPW = 0.0087 MOP
28 February 20241 KPW = 0.0087 MOP
29 February 20241 KPW = 0.0087 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.

01/07/2013: Exchange rate unification

North Korea unifies the official exchange rate and market rate, resulting in a significant depreciation of the won.

30/11/2009: Currency revaluation

North Korean government announces a currency revaluation, replacing the old won notes at a ratio of 1 for 100.

01/12/2001: Currency redenomination

North Korean won is redenominated, with the previous notes and coins being replaced by new ones at a ratio of 1 for 1,000.

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.

25/02/1992: Introducing foreign exchange certificates

North Korea introduces foreign exchange certificates to counter hyperinflation and stabilize its economy.

06/12/1979: Second major revaluation

North Korean won undergoes its second major revaluation, with the exchange rate being set at 1 for 10.

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.

31/12/1959: First major revaluation

North Korean won undergoes its first major revaluation, with the exchange rate being set at 1 for 100.

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.

06/12/1947: Introduction of North Korean won

North Korean won is introduced as the official currency of North Korea, replacing the Korean yen at par value.

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.
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