United States dollar macanese pataca exchange rate history (USD MOP) December 2023

United States dollar macanese pataca history for December 2023. The highest quote for this month is 8.0486 (02/12/2023) and the lowest 8.0483 (02/12/2023). The difference between high and low is 0.

USD MOP average rate for December 2023 is 7.92468, the change between 01/12/2023 and 31/12/2023 is -2.3 %.

01 December 2023	1 USD = 7.86 MOP
02 December 2023	1 USD = 8.05 MOP
03 December 2023	1 USD = 8.05 MOP
04 December 2023	1 USD = 7.87 MOP
05 December 2023	1 USD = 7.87 MOP
06 December 2023	1 USD = 7.87 MOP
07 December 2023	1 USD = 7.86 MOP
08 December 2023	1 USD = 7.87 MOP
09 December 2023	1 USD = 8.04 MOP
10 December 2023	1 USD = 8.04 MOP
11 December 2023	1 USD = 7.88 MOP
12 December 2023	1 USD = 7.86 MOP
13 December 2023	1 USD = 7.86 MOP
14 December 2023	1 USD = 7.86 MOP
15 December 2023	1 USD = 7.86 MOP
16 December 2023	1 USD = 8.04 MOP
17 December 2023	1 USD = 8.04 MOP
18 December 2023	1 USD = 7.90 MOP
19 December 2023	1 USD = 7.85 MOP
20 December 2023	1 USD = 7.84 MOP
21 December 2023	1 USD = 7.86 MOP
22 December 2023	1 USD = 7.86 MOP
23 December 2023	1 USD = 8.05 MOP
24 December 2023	1 USD = 8.05 MOP
25 December 2023	1 USD = 7.88 MOP
26 December 2023	1 USD = 7.88 MOP
27 December 2023	1 USD = 7.88 MOP
28 December 2023	1 USD = 7.86 MOP
29 December 2023	1 USD = 7.91 MOP
30 December 2023	1 USD = 8.04 MOP
31 December 2023	1 USD = 8.04 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.

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.

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.