Pataca (MOP)
Pataca notes are issued by two banks, Banco Nacional Ultramarino and the Bank of China (Macao), under the Monetary Authority of Macao. The pataca is pegged to the Hong Kong dollar at 1.03 patacas per Hong Kong dollar.
- Alphabetic code
- MOP
- Numeric code
- 446
- Symbol
- MOP$
- Minor units
- 2
- Example
- MOP 1,234.50
- Used in
- Macao
History
- 1894 The pataca is introduced in Macao as a unit of account, replacing the Portuguese real at 450 reis.
- 1977 On 7 April the pataca is delinked from the escudo and linked to the Hong Kong dollar.
- 1983 The rate is set at 1.03 patacas per Hong Kong dollar from September.