United States dollar macanese pataca exchange rate history (USD MOP) February 2024

United States dollar macanese pataca history for February 2024. The highest quote for this month is 8.0587 (25/02/2024) and the lowest 8.0583 (24/02/2024). The difference between high and low is 0.

USD MOP average rate for February 2024 is 7.92301, the change between 01/02/2024 and 29/02/2024 is -0.07 %.

01 February 2024	1 USD = 7.85 MOP
02 February 2024	1 USD = 7.87 MOP
03 February 2024	1 USD = 8.05 MOP
04 February 2024	1 USD = 8.05 MOP
05 February 2024	1 USD = 7.94 MOP
06 February 2024	1 USD = 7.88 MOP
07 February 2024	1 USD = 7.88 MOP
08 February 2024	1 USD = 7.87 MOP
09 February 2024	1 USD = 7.87 MOP
10 February 2024	1 USD = 8.05 MOP
11 February 2024	1 USD = 8.05 MOP
12 February 2024	1 USD = 7.86 MOP
13 February 2024	1 USD = 7.87 MOP
14 February 2024	1 USD = 7.87 MOP
15 February 2024	1 USD = 7.87 MOP
16 February 2024	1 USD = 7.86 MOP
17 February 2024	1 USD = 8.06 MOP
18 February 2024	1 USD = 8.06 MOP
19 February 2024	1 USD = 7.87 MOP
20 February 2024	1 USD = 7.87 MOP
21 February 2024	1 USD = 7.87 MOP
22 February 2024	1 USD = 7.87 MOP
23 February 2024	1 USD = 7.87 MOP
24 February 2024	1 USD = 8.06 MOP
25 February 2024	1 USD = 8.06 MOP
26 February 2024	1 USD = 7.87 MOP
27 February 2024	1 USD = 7.87 MOP
28 February 2024	1 USD = 7.87 MOP
29 February 2024	1 USD = 7.86 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.