Convert Thai Baht to Macanese Pataca
Please provide values below to convert Thai Baht [THB] to Macanese Pataca [MOP], or Convert Macanese Pataca to Thai Baht.
How to Convert Thai Baht to Macanese Pataca
1 THB = 3.98394676956565 MOP
Example: convert 15 THB to MOP:
15 THB = 15 × 3.98394676956565 MOP = 59.7592015434847 MOP
Thai Baht to Macanese Pataca Conversion Table
| Thai Baht | Macanese Pataca |
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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.
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.