Convert Macanese Pataca to US Dollar
Convert Macanese Pataca (MOP) to US Dollar (USD) using daily updated exchange rates.
Loading exchange rates...
Exchange Rate
Exchange rates are updated daily.
Loading current rate...
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 US Dollar
The US Dollar (USD) is the world's primary reserve currency, used in approximately 88% of all foreign exchange transactions globally. Introduced in 1792 with the Coinage Act, the dollar became the cornerstone of the international monetary system under the 1944 Bretton Woods Agreement. Even after the gold standard was abandoned in 1971, the dollar maintained its dominant status - oil and most global commodities are priced in dollars, and major sovereign debt is primarily denominated in USD. The Federal Reserve System (Fed) manages US monetary policy.
Quick Reference Table
| Macanese Pataca (MOP) | US Dollar (USD) |
|---|---|
| Loading rates... | |
Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).