Convert Macanese Pataca to Kuwaiti Dinar
Please provide values below to convert Macanese Pataca [MOP] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Macanese Pataca.
How to Convert Macanese Pataca to Kuwaiti Dinar
1 MOP = 26.475442043222 KWD
Example: convert 15 MOP to KWD:
15 MOP = 15 × 26.475442043222 KWD = 397.13163064833 KWD
Macanese Pataca to Kuwaiti Dinar Conversion Table
| Macanese Pataca | Kuwaiti Dinar |
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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.
Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.