Convert Macanese Pataca to Moroccan Dirham
Please provide values below to convert Macanese Pataca [MOP] to Moroccan Dirham [MAD], or Convert Moroccan Dirham to Macanese Pataca.
How to Convert Macanese Pataca to Moroccan Dirham
1 MOP = 0.897572238935204 MAD
Example: convert 15 MOP to MAD:
15 MOP = 15 × 0.897572238935204 MAD = 13.4635835840281 MAD
Macanese Pataca to Moroccan Dirham Conversion Table
| Macanese Pataca | Moroccan Dirham |
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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.
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.