Back باتاكا ماكاوية Arabic Makao patakası Azerbaijani মাকানিজ পাতাকা BPY Pataca Catalan Macajská pataca Czech Macau-Pataca German Πατάκα Greek Makaa patako Esperanto Pataca macaense Spanish Pataca macautar Basque
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| 澳門元 (Chinese) Pataca de Macau (Portuguese)[1] | |
|---|---|
 1 pataca coin 2007 | |
| ISO 4217 | |
| Code | MOP (numeric: 446) |
| Subunit | 0.01 |
| Unit | |
| Unit | pataca |
| Plural | patacas (Portuguese only) |
| Symbol | $, MOP$ or 元 |
| Denominations | |
| Subunit | |
| 1⁄10 | 毫 (Chinese) (ho) There is no corresponding Portuguese term for ten avos. |
| 1⁄100 | 仙 (Chinese) (sin)
avo (Portuguese) (no longer in circulation) |
| Banknotes | |
| Freq. used | $10, $20, $50, $100, $500 |
| Rarely used | $1,000 |
| Coins | |
| Freq. used | 10, 50 avos, $1, $5 |
| Rarely used | 20 avos, $2, $10 (still minted) |
| Demographics | |
| User(s) |  Macau (alongside Hong Kong Dollar)[2][3] |
| Issuance | |
| Monetary authority | Autoridade Monetária de Macau |
| Website | www |
| Printer | Issuing banks:
Banco Nacional Ultramarino |
| Valuation | |
| Inflation | 0.37% |
| Source | Direcção dos Serviços de Estatística e Censos, February 2017 |
| Pegged with | Hong Kong dollar (HK$) HK$1 = MOP 1.03 |
| Macanese pataca | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Chinese name | |||||||||||||||
| Traditional Chinese | 澳門元 | ||||||||||||||
| Simplified Chinese | 澳门元 | ||||||||||||||
| |||||||||||||||
| Portuguese name | |||||||||||||||
| Portuguese | Pataca de Macau[1] | ||||||||||||||
| Economy of Macau |
|---|
 |
| Currency and identity |
| Resources |
| Companies |
| Other Macau topics |
The Macanese pataca or Macau pataca (traditional Chinese: 澳門元; simplified Chinese: 澳门元; Cantonese Yale: Oumún yùhn; pinyin: Aòmén yuán; Portuguese: Pataca de Macau; sign: $; abbreviation: P;[4][5] ISO code: MOP) is the currency of Macau. It is subdivided into 100 avos (仙; sin), with 10 avos called ho (毫) in Cantonese.
Macau has a currency board system under which the pataca is 100 per cent backed by foreign exchange reserves, in this case currently the Hong Kong dollar (itself backed by the United States dollar).[6] Moreover, the currency board, Monetary Authority of Macau (AMCM), has a statutory obligation to issue and redeem Macau pataca on demand against the Hong Kong dollar at a fixed exchange rate of HK$1 = MOP 1.03, and without limit.[7]
- ^ a b DSEC government document
- ^ Chan, S. S. (2000). The Macau Economy. Publications Centre, University of Macau. ISBN 99937-26-03-6
- ^ "The Basics | Fodor's Travel". Retrieved 26 March 2023.
- ^ "World Bank Editorial Style Guide 2020 - page 137" (PDF). openknowledge.worldbank.org. Retrieved 3 September 2022.
- ^ "Macau". CIA World Factbook 1990 - page 187. 1 April 1990. Retrieved 3 September 2022.
{{cite book}}:|website=ignored (help) - ^ "Macau SAR Government pledges for free trade and investment - MSAR Gov…". Government Information Bureau of the MSAR. Macau. 19 March 2001. Archived from the original on 5 August 2012. Retrieved 7 February 2019.
- ^ "The history of pataca". Monetary Authority of Macao. Archived from the original on 20 December 2012. Retrieved 4 January 2008.