Convert Macanese Pataca to Canadian Dollar
Please provide values below to convert Macanese Pataca [MOP] to Canadian Dollar [CAD], or Convert Canadian Dollar to Macanese Pataca.
How to Convert Macanese Pataca to Canadian Dollar
1 MOP = 5.93438532110092 CAD
Example: convert 15 MOP to CAD:
15 MOP = 15 × 5.93438532110092 CAD = 89.0157798165138 CAD
Macanese Pataca to Canadian 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.
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.