Convert Macanese Pataca to British Pound Sterling
Please provide values below to convert Macanese Pataca [MOP] to British Pound Sterling [GBP], or Convert British Pound Sterling to Macanese Pataca.
How to Convert Macanese Pataca to British Pound Sterling
1 MOP = 10.9235341799514 GBP
Example: convert 15 MOP to GBP:
15 MOP = 15 × 10.9235341799514 GBP = 163.85301269927 GBP
Macanese Pataca to British Pound Sterling Conversion Table
| Macanese Pataca | British Pound Sterling |
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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.
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.