Convert Macanese Pataca to Egyptian Pound
Please provide values below to convert Macanese Pataca [MOP] to Egyptian Pound [EGP], or Convert Egyptian Pound to Macanese Pataca.
How to Convert Macanese Pataca to Egyptian Pound
1 MOP = 0.164764761501092 EGP
Example: convert 15 MOP to EGP:
15 MOP = 15 × 0.164764761501092 EGP = 2.47147142251638 EGP
Macanese Pataca to Egyptian Pound 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.
Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt, used for all monetary transactions within the country.
History/Origin
The Egyptian Pound was introduced in 1898, replacing the Egyptian piastre, and has undergone various reforms and decimalization over the years to modernize the currency system.
Current Use
Today, the Egyptian Pound is the primary currency in Egypt, issued and regulated by the Central Bank of Egypt, and is used in everyday transactions, banking, and trade.