Historic Omani rial Macanese pataca

Omani rial macanese pataca history for January 2024. The highest quote for this month is 20.929 (14/01/2024) and the lowest 21.116 (01/01/2024). The difference between high and low is -0.89.

OMR MOP average rate for January 2024 is 20.59089, the change between 01/01/2024 and 31/01/2024 is +0.1 %.

01 January 20241 OMR = 20.53 MOP
02 January 20241 OMR = 20.54 MOP
03 January 20241 OMR = 20.52 MOP
04 January 20241 OMR = 20.48 MOP
05 January 20241 OMR = 20.49 MOP
06 January 20241 OMR = 20.90 MOP
07 January 20241 OMR = 20.90 MOP
08 January 20241 OMR = 21.13 MOP
09 January 20241 OMR = 20.48 MOP
10 January 20241 OMR = 20.51 MOP
11 January 20241 OMR = 20.52 MOP
12 January 20241 OMR = 20.52 MOP
14 January 20241 OMR = 20.93 MOP
15 January 20241 OMR = 20.48 MOP
16 January 20241 OMR = 20.50 MOP
17 January 20241 OMR = 20.54 MOP
18 January 20241 OMR = 20.53 MOP
19 January 20241 OMR = 20.53 MOP
22 January 20241 OMR = 20.48 MOP
23 January 20241 OMR = 20.51 MOP
24 January 20241 OMR = 20.51 MOP
25 January 20241 OMR = 20.52 MOP
26 January 20241 OMR = 20.52 MOP
28 January 20241 OMR = 20.90 MOP
29 January 20241 OMR = 20.50 MOP
30 January 20241 OMR = 20.49 MOP
31 January 20241 OMR = 20.51 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.
OMR MOP January 2024
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