Convert Macanese Pataca to Brazilian Real
Please provide values below to convert Macanese Pataca [MOP] to Brazilian Real [BRL], or Convert Brazilian Real to Macanese Pataca.
How to Convert Macanese Pataca to Brazilian Real
1 MOP = 1.45241602299264 BRL
Example: convert 15 MOP to BRL:
15 MOP = 15 × 1.45241602299264 BRL = 21.7862403448895 BRL
Macanese Pataca to Brazilian Real Conversion Table
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Macanese Pataca
The Macanese Pataca (MOP) is the official currency of Macau, used for everyday transactions and financial dealings within the region.
History/Origin
Introduced in 1999, the Pataca replaced the Macau pataca, and has since been pegged to the Hong Kong dollar at a fixed rate, reflecting Macau's economic ties with Hong Kong and China.
Current Use
The Pataca remains the primary currency in Macau, widely used for commerce, banking, and tourism-related transactions.
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.