Convert Macanese Pataca to Indian Rupee
Please provide values below to convert Macanese Pataca [MOP] to Indian Rupee [INR], or Convert Indian Rupee to Macanese Pataca.
How to Convert Macanese Pataca to Indian Rupee
1 MOP = 0.0935970912391057 INR
Example: convert 15 MOP to INR:
15 MOP = 15 × 0.0935970912391057 INR = 1.40395636858659 INR
Macanese Pataca to Indian Rupee 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.
Indian Rupee
The Indian Rupee (INR) is the official currency of India, used for everyday transactions and financial exchanges within the country.
History/Origin
The Indian Rupee has a history dating back to ancient India, where it was used as a silver coin. It was formally adopted as the official currency during British rule and has evolved through various denominations and reforms to its current form.
Current Use
Today, the INR is widely used across India for all forms of monetary transactions, both cash and digital, and is managed by the Reserve Bank of India. It is also accepted in some neighboring countries and is a recognized currency in international trade.