Convert Macanese Pataca to Euro
Convert Macanese Pataca (MOP) to Euro (EUR) 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 Euro
The Euro (EUR) is the official currency of the Eurozone, comprising 20 of the 27 European Union member states - the single largest currency union in the world by GDP. Introduced in non-physical form on 1 January 1999 and as banknotes and coins on 1 January 2002, the Euro replaced participating national currencies such as the Deutsche Mark, French Franc, Italian Lira, and Spanish Peseta. The European Central Bank (ECB) in Frankfurt manages monetary policy. The Euro is the second largest reserve currency and the second most traded currency in global foreign exchange markets after the US Dollar.
Quick Reference Table
| Macanese Pataca (MOP) | Euro (EUR) |
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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).