Convert Macanese Pataca to Chinese Yuan
Convert Macanese Pataca (MOP) to Chinese Yuan (CNY) using daily updated exchange rates.
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Exchange Rate
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About Macanese Pataca
The Macanese Pataca (MOP) is the official currency of Macau Special Administrative Region of China, used alongside the Hong Kong Dollar (which is widely accepted at a rate of 1 HKD = 1.03 MOP approximately). The pataca has been pegged to the HKD since 1977. Macau is the only place in China where gambling is legal, making its economy - per capita one of the world's richest - almost entirely dependent on gaming and tourism revenues. The Monetary Authority of Macao issues the pataca.
About Chinese Yuan
The Chinese Yuan (CNY), also known as the Renminbi (RMB, meaning "people's currency"), is the official currency of the People's Republic of China. Introduced in 1949 when the People's Republic was founded, it replaced multiple currencies issued by various warlords and governments. The People's Bank of China manages monetary policy using a managed floating exchange rate with reference to a basket of currencies. The yuan became an IMF Special Drawing Rights (SDR) reserve currency in 2016, recognising China's role as the world's second largest economy.
Quick Reference Table
| Macanese Pataca (MOP) | Chinese Yuan (CNY) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).