Convert Macanese Pataca to Saudi Riyal
Please provide values below to convert Macanese Pataca [MOP] to Saudi Riyal [SAR], or Convert Saudi Riyal to Macanese Pataca.
How to Convert Macanese Pataca to Saudi Riyal
1 MOP = 2.15616 SAR
Example: convert 15 MOP to SAR:
15 MOP = 15 × 2.15616 SAR = 32.3424 SAR
Macanese Pataca to Saudi Riyal Conversion Table
| Macanese Pataca | Saudi Riyal |
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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.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.