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History · 30 jours

Macanese Pataca (MOP) (MOP) historical rate to Euro (EUR)

The MOP/EUR rate shows how many Euros one Macanese Pataca can buy, reflecting Macao's currency board peg to the Hong Kong Dollar and the Eurozone's monetary policy.

Daily observations
25
within the available range
Source
Market
api.forex
Method

How to read MOP/EUR history

Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.

Days without a quotation are not interpolated: the series keeps only observations that were actually received.

Use cases

Travel, transfer and analysis

Compare several periods before a trip, an international transfer or a foreign-currency invoice. The average, minimum and maximum provide a quick reference, while the table enables a date-by-date check.

Minimum 0,10740639
Maximum 0,11129443
Average 0,11021763
Total change -2.97%
Daily observations

Dated MOP/EUR rates

Couverture du au , en UTC.

Convert MOP/EUR
Date UTC Rate Change Nature
0,10751782 -0.03% Market
0,10755232 -2.15% Market
0,10991644 +2.34% Market
0,10740639 -2.14% Market
0,10975442 -0.56% Market
0,11036991 -0.72% Market
0,11116638 -0.12% Market
0,11129443 +0.24% Market
0,11102561 +2.00% Market
0,10884396 -1.94% Market
0,11099595 +0.06% Market
0,11092834 -0.06% Market
0,11099354 +0.14% Market
0,11084029 -0.05% Market
0,11089221 +2.48% Market
0,10820887 -2.17% Market
0,11060856 -0.22% Market
0,11085546 +0.00% Market
0,11085417 -0.24% Market
0,11112423 +0.22% Market
0,11088412 +0.10% Market
0,11077758 -0.06% Market
0,11084058 -0.12% Market
0,11097871 +0.15% Market
0,1108104 Market
Editorial analysis

Understanding the MOP/EUR pair

The MOP/EUR currency pair measures the value of the Macanese Pataca (MOP) against the Euro (EUR). As a directed quote, it indicates how many Euros are needed to purchase one Pataca. This pair is relevant for travelers, businesses, and investors dealing with Macao's gaming and tourism sectors or Eurozone trade. An appreciation of the Pataca means it strengthens relative to the Euro, making Euro-denominated goods cheaper for Macao residents and reducing the cost of European imports.

The structural drivers of MOP/EUR stem from two distinct monetary frameworks. The Macanese Pataca is pegged to the Hong Kong Dollar (HKD) at a fixed rate, which in turn is linked to the US Dollar (USD) within a narrow band. Consequently, MOP/EUR is heavily influenced by the USD/EUR exchange rate and the monetary policy of the US Federal Reserve. The Euro, managed by the European Central Bank (ECB), responds to Eurozone inflation, growth, and interest rate differentials. Key factors include the relative strength of the US and Eurozone economies, trade flows between Asia and Europe, and risk sentiment affecting capital flows. Macao's economy, driven by tourism and gambling, also impacts the Pataca's demand, but the currency board limits its independent movement.

Over the past several years, MOP/EUR has largely mirrored the trajectory of USD/EUR due to the Pataca's peg. When the US dollar strengthened against the euro, the Pataca typically appreciated against the euro as well, and vice versa. The pair experienced fluctuations during periods of Eurozone debt concerns, US monetary tightening, and global risk-off events. More recently, diverging central bank policies and economic recoveries have influenced the rate. However, as an evergreen analysis, specific historical figures are avoided; the key takeaway is that MOP/EUR remains a proxy for USD/EUR, with Macao's local economic conditions playing a secondary role.

This analysis is provided for information only and is neither a forecast nor financial advice.

Method

Compare two dates

Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.

Source

Source and limitations

Displayed source: api.forex. Indicative values are used only as a visual fallback.

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