Convert Singapore Dollar to Macanese Pataca
Please provide values below to convert Singapore Dollar [SGD] to Macanese Pataca [MOP], or Convert Macanese Pataca to Singapore Dollar.
How to Convert Singapore Dollar to Macanese Pataca
1 SGD = 0.158269021470268 MOP
Example: convert 15 SGD to MOP:
15 SGD = 15 × 0.158269021470268 MOP = 2.37403532205402 MOP
Singapore Dollar to Macanese Pataca Conversion Table
Singapore Dollar | Macanese Pataca |
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Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore, used for all monetary transactions within the country.
History/Origin
The Singapore Dollar was introduced in 1967, replacing the Malayan dollar, and has since evolved into a stable currency managed by the Monetary Authority of Singapore.
Current Use
Today, the SGD is widely used in Singapore for everyday transactions, banking, and international trade, and is considered a major Asian currency.
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.