Convert Macanese Pataca to Qatari Rial
Please provide values below to convert Macanese Pataca [MOP] to Qatari Rial [QAR], or Convert Qatari Rial to Macanese Pataca.
How to Convert Macanese Pataca to Qatari Rial
1 MOP = 2.22131868131868 QAR
Example: convert 15 MOP to QAR:
15 MOP = 15 × 2.22131868131868 QAR = 33.3197802197802 QAR
Macanese Pataca to Qatari Rial Conversion Table
| Macanese Pataca | Qatari Rial |
|---|
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.
Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.