Macanese Pataca Wiki
The Macau pataca or Macanese pataca (Chinese: 澳門圓; Jyutping: ou3 mun4 jyun4; Portuguese: Pataca de Macau; sign: MOP$; code: MOP) is the currency of Macau. It is subdivided into 100 avos (仙; sin), with 10 avos called ho (毫) in Cantonese. The abbreviation MOP$ is commonly used. Macau has a currency board system under which the legal tender, Macau pataca, is 100 percent backed by foreign exchange reserves, in this case currently the Hong Kong dollar. Moreover, the currency board, Monetary Authority of Macau (AMCM), has a statutory obligation to issue and redeem Macau pataca on demand against the Hong Kong dollar at a fixed exchange rate of HK$1 = MOP$1.03, and without limit. With currencyconverts.com you can convert Macanese Pataca (MOP$) to any other foreign currency. To convert a certain amount of Macanese Pataca use currency converter. This page provides a free online information about currency conversion or exchange rates for world fiat currencies. Exchange rates for Macanese Pataca is calculated from mid-market real price and updates daily. Usually people search for MOP exchange rate before business travel to Macao, or during trip to other countries and want to check rate of Macanese Pataca in local money. On this page you can convert Macanese Pataca to main foreign currencies, get fast access to most used amounts of MOP or aether calculate any amount of Macanese Pataca in other fiat money.