Convert Saudi Riyal to Macanese Pataca
Please provide values below to convert Saudi Riyal [SAR] to Macanese Pataca [MOP], or Convert Macanese Pataca to Saudi Riyal.
How to Convert Saudi Riyal to Macanese Pataca
1 SAR = 0.463787474027901 MOP
Example: convert 15 SAR to MOP:
15 SAR = 15 × 0.463787474027901 MOP = 6.95681211041852 MOP
Saudi Riyal to Macanese Pataca Conversion Table
| Saudi Riyal | Macanese Pataca |
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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.
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.