Convert Macanese Pataca to Euro
Please provide values below to convert Macanese Pataca [MOP] to Euro [EUR], or Convert Euro to Macanese Pataca.
How to Convert Macanese Pataca to Euro
1 MOP = 9.48235018177554 EUR
Example: convert 15 MOP to EUR:
15 MOP = 15 × 9.48235018177554 EUR = 142.235252726633 EUR
Macanese Pataca to Euro 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.
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.