Historic Thai baht Macanese pataca

Thai baht macanese pataca history for December 2023. The highest quote for this month is 0.23365 (31/12/2023) and the lowest 0.23384 (23/12/2023). The difference between high and low is -0.08.

THB MOP average rate for December 2023 is 0.22689, the change between 01/12/2023 and 31/12/2023 is -4.78 %.

01 December 20231 THB = 0.2230 MOP
02 December 20231 THB = 0.2310 MOP
03 December 20231 THB = 0.2310 MOP
04 December 20231 THB = 0.2266 MOP
05 December 20231 THB = 0.2235 MOP
06 December 20231 THB = 0.2233 MOP
07 December 20231 THB = 0.2234 MOP
08 December 20231 THB = 0.2241 MOP
10 December 20231 THB = 0.2269 MOP
11 December 20231 THB = 0.2221 MOP
12 December 20231 THB = 0.2204 MOP
13 December 20231 THB = 0.2204 MOP
14 December 20231 THB = 0.2241 MOP
15 December 20231 THB = 0.2253 MOP
16 December 20231 THB = 0.2307 MOP
17 December 20231 THB = 0.2306 MOP
18 December 20231 THB = 0.2260 MOP
19 December 20231 THB = 0.2247 MOP
20 December 20231 THB = 0.2252 MOP
21 December 20231 THB = 0.2248 MOP
22 December 20231 THB = 0.2267 MOP
23 December 20231 THB = 0.2330 MOP
24 December 20231 THB = 0.2333 MOP
25 December 20231 THB = 0.2290 MOP
26 December 20231 THB = 0.2282 MOP
27 December 20231 THB = 0.2286 MOP
28 December 20231 THB = 0.2299 MOP
29 December 20231 THB = 0.2307 MOP
31 December 20231 THB = 0.2337 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.

15/04/2019: Coronation of King Rama X

King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.

19/09/2006: 2006 Thai coup d'état

The military staged a coup overthrowing the government, causing political instability and affecting the currency.

02/07/1997: Asian Financial Crisis

The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.

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.

01/01/1980: Currency Floatation

The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.

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.

14/10/1973: October 14 Uprising

A popular uprising against the military dictatorship led to political reforms and an increase in public participation.

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.

01/01/1942: Japanese Occupation

During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.

24/06/1932: Siamese Revolution

The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.

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.