Convert Moroccan Dirham to Macanese Pataca
Please provide values below to convert Moroccan Dirham [MAD] to Macanese Pataca [MOP], or Convert Macanese Pataca to Moroccan Dirham.
How to Convert Moroccan Dirham to Macanese Pataca
1 MAD = 1.11411645394281 MOP
Example: convert 15 MAD to MOP:
15 MAD = 15 × 1.11411645394281 MOP = 16.7117468091422 MOP
Moroccan Dirham to Macanese Pataca Conversion Table
| Moroccan Dirham | Macanese Pataca |
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Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.
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.