Convert Macanese Pataca to Thai Baht
Please provide values below to convert Macanese Pataca [MOP] to Thai Baht [THB], or Convert Thai Baht to Macanese Pataca.
How to Convert Macanese Pataca to Thai Baht
1 MOP = 0.251007369786978 THB
Example: convert 15 MOP to THB:
15 MOP = 15 × 0.251007369786978 THB = 3.76511054680467 THB
Macanese Pataca to Thai Baht 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.
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.