Convert Macanese Pataca to Nigerian Naira
Please provide values below to convert Macanese Pataca [MOP] to Nigerian Naira [NGN], or Convert Nigerian Naira to Macanese Pataca.
How to Convert Macanese Pataca to Nigerian Naira
1 MOP = 0.00528227914117103 NGN
Example: convert 15 MOP to NGN:
15 MOP = 15 × 0.00528227914117103 NGN = 0.0792341871175654 NGN
Macanese Pataca to Nigerian Naira Conversion Table
| Macanese Pataca | Nigerian Naira |
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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.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.