Macau Pataca
| Pataca | |
|---|---|
 |
|
| Country: |
 Macau
|
| Subdivision: | 100 Avos |
| ISO 4217 code : | MOP |
| Abbreviation: | Patient |
|
Exchange rate : (August 27, 2020) |
1 HKD = 1.03 MOP (fix) 1 EUR = 9.424 MOP 1 CHF = 8.767 MOP |
The (also the) Pataca (also known as Macau Pataca and Macau Pataca ; Chinese 澳門 圓 / 澳门 圆 , Pinyin Àomén Yuán , Jyutping Ou 3 mun 2 Jyun 4 ) is the currency of Macau . A pataca is divided into 100 avos .
The following denominations are in circulation:
- Banknotes : 10, 20, 50, 100, 500 and 1000 MOP
- Coins : 10, 20 and 50 Avos, as well as 1, 2, 5 and 10 MOP
The pataca is firmly linked to the Hong Kong dollar and thus indirectly to the US dollar . In business, the Hong Kong dollar is preferred to the pataca.
10 Avos, 1968
50 Avos, 1978
1 Pataca, 1952
5 Pataca, 1971
50 Avos, 1982
10 Avos, 1988
20 Avos, 1982
10 Avos, 2007
50 Avos, 1993
1 Pataca, 2007
5 Pataca, 2007
history
In the economic life of the Portuguese colony Macau, in addition to the British and Chinese currency, the Mexican silver peso (known as pataca in Portugal), which was widespread in China, was introduced in 1894. One peso (pataca) was initially equivalent to 450 Portuguese reís . Initially only as a unit of account for trade and money transactions, the pataca became the official currency of Macau in 1901. The Portuguese Banco Nacional Ultramarino ("National Overseas Bank") in Lisbon has been issuing Pataca notes since 1905 . Since 1995 the Banco da China (also Bank of China ) has been allowed to issue patacas.
