Historic Rwandan franc Macanese pataca

Rwandan franc macanese pataca history for February 2024. The highest quote for this month is 0.00638 (03/02/2024) and the lowest 0.006381 (03/02/2024). The difference between high and low is -0.02.

RWF MOP average rate for February 2024 is 0.00627, the change between 01/02/2024 and 29/02/2024 is -0.24 %.

01 February 20241 RWF = 0.0062 MOP
02 February 20241 RWF = 0.0062 MOP
03 February 20241 RWF = 0.0064 MOP
04 February 20241 RWF = 0.0064 MOP
05 February 20241 RWF = 0.0063 MOP
06 February 20241 RWF = 0.0063 MOP
07 February 20241 RWF = 0.0062 MOP
08 February 20241 RWF = 0.0062 MOP
09 February 20241 RWF = 0.0062 MOP
12 February 20241 RWF = 0.0063 MOP
13 February 20241 RWF = 0.0062 MOP
14 February 20241 RWF = 0.0062 MOP
15 February 20241 RWF = 0.0063 MOP
16 February 20241 RWF = 0.0063 MOP
17 February 20241 RWF = 0.0064 MOP
18 February 20241 RWF = 0.0064 MOP
19 February 20241 RWF = 0.0063 MOP
20 February 20241 RWF = 0.0063 MOP
21 February 20241 RWF = 0.0063 MOP
22 February 20241 RWF = 0.0063 MOP
23 February 20241 RWF = 0.0063 MOP
24 February 20241 RWF = 0.0064 MOP
25 February 20241 RWF = 0.0064 MOP
26 February 20241 RWF = 0.0062 MOP
27 February 20241 RWF = 0.0062 MOP
28 February 20241 RWF = 0.0061 MOP
29 February 20241 RWF = 0.0062 MOP

24/06/2020: Rwandan Franc Devaluation

The central bank of Rwanda announced a gradual devaluation of the Rwandan franc to enhance export competitiveness and stimulate economic growth.

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.

03/12/2008: New Currency Series

A new series of Rwandan franc banknotes was introduced, featuring updated security features and designs.

01/01/2004: East African Community

Rwanda joined the East African Community, leading to increased economic integration and cooperation within the region.

03/12/1998: Currency Redenomination

The Rwandan franc underwent a redenomination, with 100 old francs being replaced by 1 new franc.

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.

07/04/1995: Rwandan Genocide

The Rwandan Genocide began, causing economic instability and inflation for the Rwandan franc.

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.

01/12/1973: Currency Reform

A currency reform was implemented, introducing a new series of Rwandan franc banknotes.

08/06/1967: Link with Portuguese escudo reestablished

The Macanese pataca was once again pegged to the Portuguese escudo, ending the gold standard era.

25/06/1964: Introduction of the Rwandan Franc

The Rwandan franc was introduced as the official currency of Rwanda, replacing the East African shilling.

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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