Historic Omani rial Macanese pataca

Omani rial macanese pataca history for February 2024. The highest quote for this month is 20.937 (25/02/2024) and the lowest 21.142 (12/02/2024). The difference between high and low is -0.98.

OMR MOP average rate for February 2024 is 20.61111, the change between 01/02/2024 and 29/02/2024 is -0.07 %.

01 February 20241 OMR = 20.48 MOP
02 February 20241 OMR = 20.51 MOP
03 February 20241 OMR = 20.92 MOP
04 February 20241 OMR = 20.92 MOP
05 February 20241 OMR = 20.68 MOP
06 February 20241 OMR = 20.55 MOP
07 February 20241 OMR = 20.54 MOP
08 February 20241 OMR = 20.52 MOP
09 February 20241 OMR = 20.53 MOP
12 February 20241 OMR = 20.47 MOP
13 February 20241 OMR = 20.51 MOP
14 February 20241 OMR = 20.51 MOP
15 February 20241 OMR = 20.51 MOP
16 February 20241 OMR = 20.51 MOP
17 February 20241 OMR = 20.93 MOP
18 February 20241 OMR = 20.92 MOP
19 February 20241 OMR = 20.50 MOP
20 February 20241 OMR = 20.52 MOP
21 February 20241 OMR = 20.52 MOP
22 February 20241 OMR = 20.52 MOP
23 February 20241 OMR = 20.53 MOP
24 February 20241 OMR = 20.94 MOP
25 February 20241 OMR = 20.94 MOP
26 February 20241 OMR = 20.49 MOP
27 February 20241 OMR = 20.52 MOP
28 February 20241 OMR = 20.53 MOP
29 February 20241 OMR = 20.49 MOP

16/03/2021: New 5 Rial Polymer Banknote Introduced

A new polymer banknote with a denomination of 5 rials was introduced, enhancing durability and security features of the currency.

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.

15/01/2003: New Omani Rial Banknotes Issued

New series of Omani rial banknotes were introduced, featuring enhanced security features and updated designs.

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.

12/06/1994: Smaller Denomination Coins Issued

Small denomination coins, including 5, 10, 25, and 50 baisa coins, were issued in order to facilitate everyday transactions.

17/03/1986: 200 Baisa Coin Introduced

A new 200 baisa coin was introduced, becoming the highest denomination coin in circulation at that time.

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.

11/11/1975: 1/8 Rial Copper-Nickel Coin Introduced

A new 1/8 rial coin made of copper-nickel was introduced, representing a fractional value of the rial currency.

02/03/1973: Rial Oman Pegged to US Dollar

The Omani rial was officially pegged to the United States dollar, with an exchange rate of 1 OMR = 2.895 USD.

27/07/1970: Rial Oman is Introduced

The Omani rial was introduced, replacing the Gulf rupee at a rate of 1 rial = 2.6008 rupees.

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.
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