The Macanese Pataca (MOP) is the official currency of Macau, a Special Administrative Region of China known for its vibrant gaming and entertainment industry. The MOP symbolizes economic strength and stability in Macau, and its exchange rate holds significant importance in both local and international financial transactions.
Latest Macanese Pataca (MOP) Exchange Rates List:
Where is Macau Located on Map and What is its Official Currency?
MOP Exchange Rates in Perspective:
Macau follows a fixed exchange rate policy, where the MOP is pegged to the Hong Kong Dollar (HKD) at a rate of 1 MOP = 1.03 HKD. This peg provides stability and predictability for Macau’s economy and facilitates international trade.
MOP vs. Hong Kong Dollar (HKD): The MOP’s peg to the HKD ensures stability in Macau’s economy, making it attractive for foreign investments and international trade.
MOP vs. Chinese Yuan (CNY): Macau’s close ties with China make the MOP to CNY rate relevant for businesses and travelers engaged in trade and tourism between Macau and mainland China.
MOP vs. US Dollar (USD): While not a primary currency for trade, fluctuations in the MOP to USD rate can affect financial investments and transactions involving the United States.
MOP vs. Euro (EUR): Fluctuations in the MOP to EUR rate can impact businesses and travelers engaged in trade and tourism between Macau and Eurozone countries.
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