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A linked exchange rate system is a type of exchange rate regime that pegs the exchange rate of one currency to another. It is the exchange rate system implemented in Hong Kong to stabilise the exchange rate between the Hong Kong dollar (HKD) and the United States dollar (USD). The Macao pataca (MOP) is similarly linked to the Hong Kong dollar.
The exchange rate is pegged and is approximately MOP 1.03 for HK$1, [20] and Hong Kong dollar banknotes and coins are generally accepted at par or MOP 1.00 for retail payments. For United States dollars, to which the Hong Kong dollar is in turn loosely pegged, the exchange rate is around MOP 8 to 1 US dollar. Although it is possible to exchange ...
De facto exchange-rate arrangements in 2022 as classified by the International Monetary Fund. Floating ( floating and free floating ) Soft pegs ( conventional peg , stabilized arrangement , crawling peg , crawl-like arrangement , pegged exchange rate within horizontal bands )
1 USD = 1507.5 LBP Macao: Macanese pataca: Monetary Authority of Macau: 1 HKD = 1.03 MOP Malaysia: Malaysian ringgit: Bank Negara Malaysia Maldives: Maldivian rufiyaa: Maldives Monetary Authority Mongolia: Mongolian tögrög: Bank of Mongolia Myanmar: Burmese kyat: Central Bank of Myanmar Nepal: Nepalese rupee: Nepal Rastra Bank: 1 INR = 1.6000 ...
The exchange rate between the Hong Kong dollar and the United States dollar has also been linked since 1983 at HK$7.8/USD, and pataca of Macau, pegged to Hong Kong dollar at MOP1.03/HKD, indirectly linked to the U.S. dollar at roughly MOP 8/USD.
Download as PDF; Printable version; In other projects ... This is a list of circulating fixed exchange rate currencies, ... 1 United Arab Emirates dirham: U.S. dollar ...
Download as PDF; Printable version; ... Currency distribution of global foreign exchange market turnover [1. Currency ISO 4217 code ... 0.1%: Other currencies 2.0% 2. ...
MOP$ ho dez avos [21] Manx Pound Isle of Man £ Penny: Netherlands Antillean guilder Curaçao (Kingdom of the Netherlands) ƒ Cent [22] [23] [24] Sint Maarten (Kingdom of the Netherlands) [12] New Zealand dollar Cook Islands (Realm of New Zealand) $ Cent [25] Niue (Realm of New Zealand) [26] Tokelau (Realm of New Zealand) [27]