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The Macanese pataca or Macau pataca (Chinese: 澳門元; Cantonese Yale: Oumún yùhn; Portuguese: Pataca de Macau; sign: MOP$; [4] [5] ISO code: MOP) is the currency of Macau. It is subdivided into 100 avos ( 仙 ; sin ), with 10 avos called ho ( 毫 ) in Cantonese .
The pataca is pegged to the Hong Kong dollar at a rate of 1.03 MOP per HKD, which is maintained by the AMCM. [32] Each pataca divides into 100 avos. Coins are issued in 10, 20, and 50 avos and 1, 2, 5, and 10 patacas (2 and 10 patacas coins are rarely used in the territory); notes are in 5, 10, 20, 50, 100, 500, and 1000 pataca denominations.
In 1951, minting of avo coins ceased, even though in 1952 a full set of pataca coinage, including coins denominated in avos and also a pataca coin, was issued in Macau. In 1958, the pataca was replaced by the escudo at the rate of 1 pataca = 5.60 escudos. In 1975, Portuguese Timor was invaded by Indonesia, and Indonesian currency was introduced.
Colour key and notes Indicates that a given currency is pegged to another currency (details) Italics indicates a state or territory with a low level of international recognition State or territory Currency Symbol [D] or Abbrev. ISO code Fractional unit Number to basic Abkhazia Abkhazian apsar [E] аҧ (none) (none) (none) Russian ruble ₽ RUB Kopeck 100 Afghanistan Afghan afghani ؋ AFN ...
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The Monetary Authority of Macao [2] (Chinese: 澳門金融管理局; Portuguese: Autoridade Monetária de Macau, AMCM) is the currency board and the de facto central bank of Macau. The regulatory institution was established on December 20, 1999, upon the transfer of sovereignty over Macau from Portugal to the People's Republic of China as the ...
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The Banco Nacional Ultramarino introduced its first pataca notes in 1906, in denominations of 1, 5, 50 and 100 pataca. The next year it introduced 10 and 25 pataca notes. The BNU began to issue lower-value notes with 5, 10 and 50 avo notes in 1920, and 1 and 20 avo notes in 1942. In 1944, it introduced a 500 pataca note.
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