United States dollar macanese pataca history for March 2024. The highest quote for this month is 8.0632 (03/03/2024) and the lowest 8.063 (02/03/2024). The difference between high and low is 0.
USD MOP average rate for March 2024 is 7.94638, the change between 01/03/2024 and 31/03/2024 is -2.26 %.
| 01 March 2024 | 1 USD = 7.88 MOP |
| 02 March 2024 | 1 USD = 8.06 MOP |
| 03 March 2024 | 1 USD = 8.06 MOP |
| 04 March 2024 | 1 USD = 7.85 MOP |
| 05 March 2024 | 1 USD = 7.88 MOP |
| 06 March 2024 | 1 USD = 7.88 MOP |
| 07 March 2024 | 1 USD = 7.87 MOP |
| 08 March 2024 | 1 USD = 7.84 MOP |
| 09 March 2024 | 1 USD = 8.05 MOP |
| 10 March 2024 | 1 USD = 8.05 MOP |
| 11 March 2024 | 1 USD = 7.86 MOP |
| 12 March 2024 | 1 USD = 8.06 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.