Convert Macanese Pataca to Ethiopian Birr
Please provide values below to convert Macanese Pataca [MOP] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Macanese Pataca.
How to Convert Macanese Pataca to Ethiopian Birr
1 MOP = 0.0591756856844256 ETB
Example: convert 15 MOP to ETB:
15 MOP = 15 × 0.0591756856844256 ETB = 0.887635285266384 ETB
Macanese Pataca to Ethiopian Birr Conversion Table
| Macanese Pataca | Ethiopian Birr |
|---|
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.
Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.