Convert Macanese Pataca to Singapore Dollar
Please provide values below to convert Macanese Pataca [MOP] to Singapore Dollar [SGD], or Convert Singapore Dollar to Macanese Pataca.
How to Convert Macanese Pataca to Singapore Dollar
1 MOP = 6.31835586465578 SGD
Example: convert 15 MOP to SGD:
15 MOP = 15 × 6.31835586465578 SGD = 94.7753379698367 SGD
Macanese Pataca to Singapore Dollar Conversion Table
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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.
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.