Convert New Zealand Dollar to Macanese Pataca
Please provide values below to convert New Zealand Dollar [NZD] to Macanese Pataca [MOP], or Convert Macanese Pataca to New Zealand Dollar.
How to Convert New Zealand Dollar to Macanese Pataca
1 NZD = 0.206416345107351 MOP
Example: convert 15 NZD to MOP:
15 NZD = 15 × 0.206416345107351 MOP = 3.09624517661027 MOP
New Zealand Dollar to Macanese Pataca Conversion Table
| New Zealand Dollar | Macanese Pataca |
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
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.