Singapore dollar macanese pataca exchange rate history (SGD MOP) October 2023

Singapore dollar macanese pataca history for October 2023. The highest quote for this month is 5.9095 (07/10/2023) and the lowest 5.9095 (07/10/2023). The difference between high and low is 0.

SGD MOP average rate for October 2023 is 5.78211, the change between 01/10/2023 and 31/10/2023 is +2.43 %.

01 October 2023	1 SGD = 5.90 MOP
02 October 2023	1 SGD = 5.78 MOP
03 October 2023	1 SGD = 5.74 MOP
04 October 2023	1 SGD = 5.74 MOP
05 October 2023	1 SGD = 5.74 MOP
06 October 2023	1 SGD = 5.74 MOP
07 October 2023	1 SGD = 5.91 MOP
08 October 2023	1 SGD = 5.91 MOP
09 October 2023	1 SGD = 5.74 MOP
10 October 2023	1 SGD = 5.77 MOP
11 October 2023	1 SGD = 5.78 MOP
12 October 2023	1 SGD = 5.77 MOP
13 October 2023	1 SGD = 5.75 MOP
16 October 2023	1 SGD = 5.75 MOP
17 October 2023	1 SGD = 5.75 MOP
18 October 2023	1 SGD = 5.74 MOP
19 October 2023	1 SGD = 5.73 MOP
20 October 2023	1 SGD = 5.73 MOP
21 October 2023	1 SGD = 5.87 MOP
22 October 2023	1 SGD = 5.87 MOP
23 October 2023	1 SGD = 5.72 MOP
24 October 2023	1 SGD = 5.76 MOP
25 October 2023	1 SGD = 5.75 MOP
26 October 2023	1 SGD = 5.73 MOP
27 October 2023	1 SGD = 5.75 MOP
28 October 2023	1 SGD = 5.88 MOP
29 October 2023	1 SGD = 5.88 MOP
30 October 2023	1 SGD = 5.73 MOP
31 October 2023	1 SGD = 5.76 MOP

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own 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.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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.

Historic Singapore dollar Macanese pataca