Convert Macanese Pataca to Nigerian Naira
Convert Macanese Pataca (MOP) to Nigerian Naira (NGN) 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 Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, Africa's most populous country and largest economy by GDP. Introduced in 1973 to replace the Nigerian pound, the naira has experienced severe long-term depreciation relative to major currencies. The Central Bank of Nigeria (CBN) manages monetary policy. Nigeria is a major oil producer - crude oil and natural gas account for the vast majority of government revenues and export earnings. The economy has faced structural challenges including dependence on oil, inflation, currency shortages, and foreign exchange controls.
Quick Reference Table
| Macanese Pataca (MOP) | Nigerian Naira (NGN) |
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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).