Historic United States dollar Macanese pataca

United States dollar macanese pataca history for January 2024. The highest quote for this month is 8.0556 (14/01/2024) and the lowest 8.0553 (13/01/2024). The difference between high and low is 0.

USD MOP average rate for January 2024 is 7.91468, the change between 01/01/2024 and 31/01/2024 is +0.2 %.

01 January 20241 USD = 7.88 MOP
02 January 20241 USD = 7.89 MOP
03 January 20241 USD = 7.87 MOP
04 January 20241 USD = 7.85 MOP
05 January 20241 USD = 7.86 MOP
06 January 20241 USD = 8.05 MOP
07 January 20241 USD = 8.05 MOP
08 January 20241 USD = 7.84 MOP
09 January 20241 USD = 7.85 MOP
10 January 20241 USD = 7.86 MOP
11 January 20241 USD = 7.87 MOP
12 January 20241 USD = 7.87 MOP
13 January 20241 USD = 8.06 MOP
14 January 20241 USD = 8.06 MOP
15 January 20241 USD = 7.86 MOP
16 January 20241 USD = 7.87 MOP
17 January 20241 USD = 7.89 MOP
18 January 20241 USD = 7.88 MOP
19 January 20241 USD = 7.87 MOP
20 January 20241 USD = 8.05 MOP
21 January 20241 USD = 8.05 MOP
22 January 20241 USD = 7.87 MOP
23 January 20241 USD = 7.87 MOP
24 January 20241 USD = 7.87 MOP
25 January 20241 USD = 7.87 MOP
26 January 20241 USD = 7.87 MOP
27 January 20241 USD = 8.05 MOP
28 January 20241 USD = 8.05 MOP
29 January 20241 USD = 7.87 MOP
30 January 20241 USD = 7.86 MOP
31 January 20241 USD = 7.87 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.