Convert Macanese Pataca to Swiss Franc
Please provide values below to convert Macanese Pataca [MOP] to Swiss Franc [CHF], or Convert Swiss Franc to Macanese Pataca.
How to Convert Macanese Pataca to Swiss Franc
1 MOP = 10.1718455151591 CHF
Example: convert 15 MOP to CHF:
15 MOP = 15 × 10.1718455151591 CHF = 152.577682727387 CHF
Macanese Pataca to Swiss Franc 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.
Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.