Macanese pataca
| Macanese pataca | |
|---|---|
|
澳門圓 (traditional Chinese) Pataca de Macau (Portuguese) |
|
| ISO 4217 | |
| Code | MOP |
| Number | 446 |
| Exponent | 2 |
| Denominations | |
| Subunit | |
| 1⁄10 |
毫 (ho) (traditional Chinese) 10 avos (Portuguese) |
| 1⁄100 |
仙 (sin) (traditional Chinese) 100 avos (Portuguese)(no longer in circulation) |
| Plural | patacas (Portuguese only) |
| Symbol | MOP$ |
| Banknotes | MOP$10, MOP$20, MOP$50, MOP$100, MOP$500, MOP$1000 |
| Coins | |
| Freq. used | 10, 50 avos, MOP$1, MOP$5 |
| Rarely used | 20 avos, MOP$2, MOP$10 |
| Demographics | |
| User(s) |  Macau |
| Issuance | |
| Monetary authority | Monetary Authority of Macau |
| Website | www |
| Printer |
Issuing banks: |
| Valuation | |
| Inflation | 4.9% |
| Source | Direcção dos Serviços de Estatística e Censos, Q2 2007 |
| Pegged with | Hong Kong dollar = MOP$1.032 |
| Macanese pataca | |||||||||||||||
| Chinese name | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Traditional Chinese | 澳門圓 | ||||||||||||||
| Simplified Chinese | 澳门圆 | ||||||||||||||
|
|||||||||||||||
| Portuguese name | |||||||||||||||
| Portuguese | Pataca de Macau | ||||||||||||||
| Transcriptions | |
|---|---|
| Standard Mandarin | |
| Hanyu Pinyin | Àomén Yuán |
| Wade–Giles | Ao4-men2 Yüan2 |
| Yue: Cantonese | |
| Yale Romanization | Ou3mun4jyun4 |
| Jyutping | Oumunjyn |
毫 (ho) (traditional Chinese)
仙 (sin) (traditional Chinese)
Issuing banks:
Banco Nacional Ultramarino
Bank of China
Printer:
The Macao pataca, Macau pataca, or Macanese pataca (Portuguese: Pataca de Macau; Chinese: 澳門圓; ISO 4217 code: MOP) is the currency of Macau. It is subdivided into 100 avos (仙; sin), with 10 avos called ho (毫) in Cantonese. The abbreviation MOP$ is commonly used.
Macau has a currency board system under which the legal tender, Macau pataca (or Macao pataca), is 100 percent backed by foreign exchange reserves, in this case currently the Hong Kong dollar. Moreover, the currency board, Monetary Authority of Macau (AMCM), has a statutory obligation to issue and redeem pataca on demand against the Hong Kong dollar at a fixed exchange rate and without limit.
The pataca was introduced in Portuguese Macau and Portuguese Timor in the year 1894, but only as a unit of account. The unit initially corresponded to the Mexican dollar, and it replaced the Portuguese real at a rate of 1 pataca = 450 reais. The name pataca derives from the fact that the Portuguese always referred to the Mexican dollar as the pataca mexicana.
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Wikipedia