Convert Macanese Pataca to Australian Dollar
Please provide values below to convert Macanese Pataca [MOP] to Australian Dollar [AUD], or Convert Australian Dollar to Macanese Pataca.
How to Convert Macanese Pataca to Australian Dollar
1 MOP = 5.28747057284855 AUD
Example: convert 15 MOP to AUD:
15 MOP = 15 × 5.28747057284855 AUD = 79.3120585927282 AUD
Macanese Pataca to Australian Dollar Conversion Table
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Macanese Pataca
The Macanese Pataca (MOP) is the official currency of Macau, used for everyday transactions and financial dealings within the region.
History/Origin
Introduced in 1999, the Pataca replaced the Macau pataca, and has since been pegged to the Hong Kong dollar at a fixed rate, reflecting Macau's economic ties with Hong Kong and China.
Current Use
The Pataca remains the primary currency in Macau, widely used for commerce, banking, and tourism-related transactions.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.